U.K. Prime Minister Rishi Sunak has launched a new mission to develop innovative solutions for life-threatening medical conditions using artificial intelligence technologies. In a speech delivered Thursday, Sunak announced that the United Kingdom will invest up to $120 million in the AI Life Sciences Accelerator Mission to produce treatments that could prevent death. Under the...
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Elbit Lands $135M Deal to Build Ammo Factory for International Client
Israel’s Elbit Systems has secured a $135 million contract to build an artillery ammunition factory for an unnamed customer. According to the company, the agreement requires its technical knowledge and ammunition production experience to establish the factory, which the Haifa-based organization will construct and operate. The deal, to be performed over a two-year period, includes...
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German Air Force Exploring Use of Passive Radar Tech in Air Defense
Germany is testing a passive radar technology for possible deployment in air defense systems, according to Lt. Gen. Ingo Gerhartz, commander of the German Air Force. The experiment aims to determine if the capability can provide an early warning for upcoming threats, Gerhartz told Defense News. According to the publication, the service is testing Hensoldt’s...
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Multiple European Organizations Launch Modular, Multirole Patrol Corvette Development Project
The Organisation for Joint Armament Cooperation and Naviris have signed a contract to commence development of the European Patrol Corvette, the first phase of the Modular, Multirole Patrol Corvette program. The naval vessel development project, supported by the European Commission through the European Defence Fund, will develop and produce corvette fleets for militaries and police in the...
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South Korea’s Hanwha Aerospace to Develop Actuation Systems for Vertical Aerospace’s VX4 Aircraft
South Korea's Hanwha Aerospace has signed an agreement with Vertical Aerospace to deliver the electro-mechanical actuation systems for the latter's VX4 electric aircraft. Under the expanded deal, the company will design, test, manufacture and supply the electric vertical takeoff and landing aircraft's tilt and blade pitch control system. Upon completion, the technology will be installed on the VX4 prototype being assembled in the United Kingdom and scheduled for test flights in 2024.
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Leonardo Seeking Key European Defense Industry Alliances, New CEO Says
The new CEO of Italian defense and electronics firm Leonardo, Roberto Cingolani, said the company is “working on some alliances that should create European hubs in fundamental defense sectors.” According to a Defense News report, the CEO’s strategy, which he unveiled in a speech before a defense committee in the Italian Parliament, calls for a...
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New AWS European Sovereign Cloud Offering to Address Strict EU Rules
Amazon Web Services announced on Wednesday that it will roll out an independent AWS European Sovereign Cloud to help companies and the public sector meet the European Union’s strict regulations. The new European offering, which will be located in Europe and operate out of the continent, will feature security, availability and performance similar to existing...
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Elbit Systems to Serve as the Swedish Army’s LSS Mark Integration Partner
Elbit Systems Sweden AB will manage the rollout of the LSS Mark tactical command support system as part of the Swedish Army’s digitalization. The company will serve as the LSS Mark integration partner for the Swedish Army over a 10-year period under an approximately $170 million contract. Under the deal, the Elbit Systems subsidiary will be in charge...
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Sweden Awards Saab a New Contract for Gripen C/D Fleet Upgrade
Saab will provide upgrades and support services to the Swedish Defence Materiel Administration’s fleet of JAS 39 Gripen C/D. The FMV placed an order for continued operation and capability enhancements for the fighter aircraft under a newly awarded contract valued at $51.9 million. Lars Tossman, head of Saab’s Aeronautics business unit, said the development ensures that Gripen...
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Microsoft to Spend $3.1B for Expansion of Cloud, AI Infrastructure in Australia
Microsoft has announced an investment of $3.1 billion to expand its cloud computing and artificial intelligence infrastructure in Australia through 2025. The company said the digital investment will enable Australia to deploy AI technologies to fortify its economic competitiveness, generate highly skilled jobs and safeguard the country from evolving cyberthreats. Microsoft Vice Chairman and President...