Israeli company Rafael Advanced Defense Systems has secured a multiyear contract to provide maintenance support for an unnamed Asian government customer’s naval operational systems. The contract has an estimated value of $27 million. Under the deal, the Tel Aviv-headquartered defense company will ensure that the customer’s Typhoon and Mini-Typhoon remotely controlled naval weapon stations are operating...
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...
CAE has delivered the first Magnetic Anomaly Detection-Extended Role sensors to its long-time partner Mitsubishi Electric Corp. The Japanese company will install the system on board the Japan Maritime Self-Defense Force’s new P1 maritime patrol aircraft. According to CAE, the system is based on the MAD magnetometers the company supplies to navies around the world. It...
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 U.S. government has approved Finland’s purchase of the “David’s Sling” missile system that the United States jointly developed with Israel, the Israeli Ministry of Defense announced Wednesday. The Finnish purchase is worth approximately $346.75 million, with Israel as the seller under the procurement agreement. The U.S. Missile Defense Agency and Israel’s Missile Defense Organization...
The Department of Homeland Security has added Camel Group and Chenguang Biotech Group to its list of entities barred from doing business in the United States over concerns that the two China-based companies use forced labor. The interagency Forced Labor Enforcement Task Force, headed by the DHS, flagged the companies for practices that target members...
The Committee on Foreign Investment in the United States reviewed a total of 440 filings in 2022, compared with 436 in 2021. The Department of the Treasury, in a report it issued as CFIUS chair, said the record number of filings was based on the expanded export controls under FIRRMA, mandatory filings in some cases...
Swedish defense company Saab, in partnership with Dutch shipbuilder Damen Shipyards Group, has submitted a proposal to provide the Royal Netherlands Navy with more advanced submarines compared to its current Walrus-class underwater vessels. Saab offered to deliver four Expeditionary Submarine C718 units featuring weapon launching systems, sensor systems and other solutions that help prevent active...
