The U.K Ministry of Defence has selected Ultra Intelligence & Communications as a supplier for its Crown Commercial Service’s Network Services 3 framework, which allows the government to achieve maximum commercial value when procuring products and services. Under the agreement, the company will serve as the authorized distributor of the ORION radio family of systems...
Russian Defense Minister Sergei Shoigu has revealed his country’s plan to build up military forces at its western borders to counter the NATO threat. The defense minister expects the deployment of NATO forces and weaponry in Finland following the country’s recent admission as a member of the alliance. According to a Reuters report, Shoigu said...
The U.K. government has announced a new round of sanctions that target entities supporting Vladimir Putin’s invasion of Ukraine. In a statement, Foreign Secretary James Cleverly said the latest action designates individuals and businesses from Turkey, Dubai, Slovakia and Switzerland that supply the resources fueling the Russian military’s operations in Ukraine. The sanctions package targets...
The Italian government is drafting measures to support the country’s strategic industrial sectors, including microelectronics, and promote foreign investment programs worth at least $1.1 billion, Reuters reported. Citing documents it obtained, the news agency said Italy plans to provide tax breaks of approximately $689 million for five years to support research and development efforts in...
President Joe Biden will release this week an executive order to scrutinize outbound investments in sensitive technologies to China, according to a Reuters report. The order is designed to stop U.S. capital and expertise from supporting the development of technologies that could modernize China’s military and eventually threaten U.S. national security, the report added. Sources...
Oracle has unveiled Oracle Cloud for Australian Government and Defense for the Canberra region, a new platform that offers over 100 services that enable customers to build and run cloud-hosted applications. Through the new region, government cloud users can access services, applications and integrated security capabilities to help them harness data and optimize workload, Oracle...
The Senate has included two amendments to its version of the 2024 National Defense Authorization Act. The first amendment is the addition of the Outbound Investment Security Act, which would require U.S. companies to report to the Department of the Treasury certain high-tech investments in “countries of concern.” Senators also included the Promoting Agriculture Safeguards...