The Swedish government has set its first policy on space use for Sweden’s defense and security under which the country will undertake national projects and join international activities to achieve its goal. Noting that Sweden has grown increasingly dependent on space as a strategic operational environment, Stockholm said in a statement that the new strategy...
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Tag: GovCon
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US Treasury Wants Expanded Restrictions on Real Estate Ownership Around Military Sites
The United States may tighten restrictions on foreign ownership of real estate near military installations. On Monday, the Department of the Treasury issued a notice of proposed rulemaking that would expand the jurisdiction of the Committee on Foreign Investment in the U.S. CFIUS has the authority to deny the purchase or lease of properties around...
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MBDA Secures New Precision Strike Missile Order From Germany
Germany has tapped MBDA to provide Brimstone 3 precision strike missiles for its Eurofighter combat aircraft. Eric Beranger, CEO at MBDA, said in a statement Friday that the missile procurement is part of efforts to harmonize the region’s armaments and the German armed forces’ ammunition stockpile. He added that the new deal is the first...
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US OKs $2B Loan for Poland’s Defense Modernization Program
The United States has signed an agreement to provide Poland with a $2 billion loan to support the European country’s defense modernization program. The deal will bolster the defense and deterrence of NATO’s eastern flank, the Department of State said on Monday. The Foreign Military Financing direct loan will fund Warsaw’s efforts to beef up...
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US Discusses Possible National Security Space Cooperation With France, Italy and Luxembourg
Reps. Mike Rogers, R-Ala., and Adam Smith, D-Wash., led a U.S. delegation on a trip to France, Italy and Luxembourg to discuss cooperation on the National Security Space initiative. In a statement following the trip, the two lawmakers said that with the increasing number of threats targeting the United States, the government needs to collaborate...
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Thales Set for Fivefold Increase in Rocket Ammo Production in Europe; Herve Dammann Quoted
Thales has inaugurated a new assembly line at its ordnance facility in Belgium that is expected to expand its 70 mm laser-guided rocket output fivefold to 5,000 units by 2025. The factory in the Walloon Region is the sole manufacturer of the 7 mm ordnance in Europe. The ammunition is the NATO standard rocket currently...
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US to Send More Powerful Fighter Jets to Japan Bases Amid Increasing Regional Tension
The U.S. Department of Defense will deploy newer fighter jets to Japan as part of a $10 billion modernization plan designed to enhance regional deterrence and maintain stability in the Indo-Pacific. It recently unveiled the capability modernization plan for multiple military installations across Japan. According to DOD, the Air Force will send 36 F-15EX Eagle...
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Leonardo-Rheinmetall MOU Eyes Armored Vehicle Manufacturing for European Market; Armin Papperger Quoted
German arms manufacturer Rheinmetall and Italian defense company Leonardo are planning a 50:50 partnership in Italy to develop and commercialize armored vehicles for the European market. The plan, outlined in a memorandum of understanding that the two companies signed on Wednesday, focuses on the Italian Army’s ground systems programs on a new main battle tank...
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Airbus Lands $2.3B Deal to Build Germany’s Next-Generation Military Satcom
Airbus has received a $2.3 billion contract to supply the German Armed Forces with geostationary military communications satellites. The agreement requires developing and deploying two communications spacecraft to replace Germany’s existing telecommunications satellites, COMSATBw 1B and 2B. Airbus said it is expected to deliver the hardware before the decade ends. The European aerospace giant will...
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BAE Systems Forms New Space Leadership Business Unit With Doug Liddle as Head
BAE Systems has established a new business unit to grow its space capabilities. This unit arose from acquiring U.K. satellite company In-Space Missions in 2021, which was integrated into the company’s Digital Intelligence unit. Doug Liddle, co-founder of In-Space Missions, will head the new business unit, which will handle BAE Systems’ Azalea satellite program focused...