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Category: Technology

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Raytheon Secures $478M Patriot GEM-T Missile Contract, Replenishing European Stock Donated to Ukraine

NATO Support and Procurement Agency has tapped Raytheon to deliver Patriot guidance enhanced missiles to Germany under a $478 million contract award, replenishing the stock donated to Ukraine. Preferred by the U.S. armed forces and other governments due to its significant capabilities, the Patriot GEM-T can address tactical ballistic missiles, cruise missiles, and enemy drones...

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Oracle Expands Mideast Footprint, Opens New Public Cloud Region in Riyadh

Oracle has launched a second public cloud region in Saudi Arabia, part of the company’s $1.5 billion investment to help advance the kingdom’s cloud infrastructure and artificial intelligence-based economy. The Austin, Texas-based cloud services provider, which already operates a public cloud region in Jeddah, added the new center in Riyadh, with plans to set up...

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US Offers $450M Grant to Help SK hynix Build Memory Packaging Fab in Indiana

The U.S. Department of Commerce and Korean chipmaker SK hynix have reached a preliminary agreement of up to $450 million in proposed federal incentives to support the company’s construction of an advanced packaging and research plant in Indiana. The new building at the Purdue Research Park in West Lafayette will house a production line capable...

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NATO Science for Peace and Security Program Funds Study to Reroute Undersea Internet to Space

NATO has launched a $2.5 million, two-year project to develop a resilient internet infrastructure to ensure the flow of information should undersea fiber communications be disrupted. Under the initiative, partially funded by NATO’s Science for Peace and Security program, the alliance aims to produce a hybrid network for internet services using underground sea cables and...

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Italian Navy Adds Fourth Vessel in Purchase Contract With Fincantieri-Leonardo Joint Venture

The Italian Navy has notified Orizzonte Sistemi Navali, a joint venture of Fincantieri and Leonardo, that it is exercising its option for a fourth offshore patrol vessel under a shipbuilding contract initiated in July 2023. The additional order under the military branch’s next-generation OPV program is worth about $258 million, including related logistical support. The...

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Airbus Secures CNES Radiometer Development Contract for International Climate Satellite Mission

The French Space Agency has awarded Airbus a contract to build and design two microwave radiometers for the Atmosphere Observing System: Convective Core Observations through MicrOwave Derivatives in the trOpics mission. AOS, a component of NASA’s Earth System Observatory, is a collaborative project between the United States and partner organizations in Canada, Japan, Italy and...

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Capgemini to Support UK Defense and Security Executive Agency’s Digital Transformation

The United Kingdom’s Defence Science and Technology Laboratory has tapped Capgemini to support its digital transformation. Under a three-year contract worth about $168 million, the French information technology services and consulting firm will help advance Dstl’s high-impact science and technology capabilities with a focus on end user, application and data management. Matt Howell, head of...

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Spanish Army Awards Rheinmetall $223M Contract to Supply Modular Propellant Systems for Artillery Application

Rheinmetall has received a $223.3 million order from the Spanish Army for 500,000 modular propellant systems for 155 mm extended-range artillery ammunition. Under a framework agreement, the company is expected to complete the delivery of the systems for the M109 and SIAC howitzers by 2025. The deal includes an option for Spain to extend the...

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Oracle, AIS Partner to Introduce Thailand’s Locally Owned, Operated Hyperscale Cloud Platform

Thai carrier Advanced Info Service is collaborating with Oracle to launch AIS Cloud, a locally owned and operated hyperscale cloud platform. The Oracle Alloy cloud infrastructure platform gives organizations better control over the change management process to comply with existing regulations. “Giving our partners and customers more choice has long been a primary focus for...

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Canada, US Advance Negotiations on Space Launch Technology Safety; François-Philippe Champagne Quoted

Canada has concluded substantive negotiations on the Technology Safeguards Agreement with the United States, which will benefit the local commercial space launch industry. In bilateral talks, the two nations made significant advancements in the legalities and technicalities to be integrated into the TSA. Once signed, the agreement would provide Canadian companies access to U.S. space...

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