by | Jul 7, 2022 | Security
LONDON — The takeover of British defense company Ultra Electronics by U.S. private equity firm Advent International was approved by the U.K. government on July 6. The £2.6 billion (U.S. $3.1 billion) acquisition by Boston-based Advent comes after months of discussions...
by | Jul 7, 2022 | Security
VILNIUS, Lithuania — Lithuania will present a combat drone to Ukraine that was donated by the Turkish manufacturer after a private crowdfunding campaign among ordinary Lithuanians, who raised nearly €6 million (U.S. $6.1 million) for the purpose within days. The...
by | Jul 7, 2022 | Security
LONDON — A Royal Navy frigate intercepted speedboats carrying missiles and parts off the coast of Iran on two separate occasions earlier this year, the Ministry of Defence announced July 7. It’s the first time a British warship has interdicted vessels carrying such...
by | Jul 6, 2022 | Security
WASHINGTON — Aerojet Rocketdyne’s chief executive, Eileen Drake, has won control of the embattled company after several months of turmoil. The contractor’s shareholders on June 30 elected an independent slate of candidates to serve as directors on its new board,...
by | Jul 6, 2022 | Security
WASHINGTON — National Guard teams from across New England partnered with other military services and the private sector to practice fending off cyberattacks and dealing with their fallout. The annual Cyber Yankee exercise, held June 5-18 at Camp Nett in Connecticut,...