by | Jul 2, 2024 | Security
BERLIN — The European Union’s lending arm and NATO’s venture capital fund will share information and work more closely together to support small and midsized companies across the continent that focus on security and defense, the organizations announced Tuesday. Under...
by | Jul 1, 2024 | Security
The U.S. Defense Department has successfully, albeit surreptitiously, swiped $3.5 billion from the Commerce Department’s CHIPS Act funding to subsidize Intel’s creation of a classified advanced semiconductor manufacturing facility called Secure Enclave. Although being...
by | Jul 1, 2024 | Security
The Air Force is mulling a bureaucratic shuffle that would refocus the service on four key areas it believes can improve how it organizes, trains and equips airmen for war. Those core missions — combat readiness, careerlong training, acquisition and future force...
by | Jul 1, 2024 | Security
The pier built by the U.S. military to bring aid to Gaza has been removed due to weather to protect it, and the U.S. is considering not reinstalling it unless the aid begins flowing out into the population again, U.S. officials said Friday. While the military has...
by | Jul 1, 2024 | Security
CHRISTCHURCH, New Zealand — Travis Reddy wants to buy a Brazilian weapons manufacturer. As the CEO of DefendTex, an Australian firm specializing in precision-guided weapons, rockets and loitering munitions, he’s encouraged by a government-run program aimed at growing...
by | Jul 1, 2024 | Security
ARLINGTON, Va. — Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the U.S. Justice Department. Boeing previously owned...
by | Jun 28, 2024 | Security
VICTORIA, British Columbia — Initial construction is beginning on a new fleet of warships for the Royal Canadian Navy, with the vessels expected to be operational by 2035, service and government officials said. Royal Canadian Navy commander Vice Admiral Angus Topshee...
by | Jun 28, 2024 | Security
ROME — Italy has signed a €500 million ($535 million) deal to buy its fourth and final U-212 NFS submarine to be built by state-controlled Italian shipyard Fincantieri. Standing for Near Future Submarine, the new NFS vessels are destined to serve alongside Italy’s...
by | Jun 28, 2024 | Security
MELBOURNE, Australia — BAE Systems Australia ceremonially cut steel on the first batch of Hunter-class Anti-Submarine Warfare (ASW) frigates at the Osborne Naval Shipyard in South Australia on June 21. The company also signed a production contract with the...
by | Jun 27, 2024 | Security
BERLIN — Germany’s parliament has authorized money for the purchase of thousands of missiles and the development of a supersonic naval cruise missile, according to a Defence Ministry news release. Germany will join forces with Norway in developing the supersonic...
