Global defense companies HII and Babcock have launched a joint venture called H&B Defence to help fast-track the development of a skilled Australian workforce for Canberra’s nuclear submarine project under the AUKUS military alliance. The company will seek to mold an Australian submarine industry sector and position the country in nuclear sub operations, according to...
SkyAlyne, a joint venture of global defense and security company CAE and KF Aerospace, will handle the Royal Canadian Air Force’s training program under a $8.2 billion, 25-year contract. The initiative, called Canada’s Future Aircrew Training program, involves preparations for Canadian military pilots, air combat systems officers and airborne electronic sensor operators, according to CAE’s...
The U.S. Army has inked an agreement with the Canadian Commercial Corporation to expand Canada’s domestic ammunition production capacity. Under the undefinitized contract action, the military branch will work with General Dynamics Ordnance and Tactical Systems Canada to ramp up the manufacture of 155 mm artillery rounds. CCC, Canada’s government-to-government contracting agency, said the joint...
Four Brazilian and two Saudi defense companies have signed a memorandum of understanding for potential joint ventures and technology-sharing agreements during an investment forum held in Sao Paulo on Aug. 1. The Brazilian signatories are rocket and missile maker Avibras, weapons manufacturer Taurus, aircraft battery producer Ocellott and aviation specialist Avionics Services, while on the...
German defense contractor Rheinmetall announced on Tuesday that it has established a joint venture with the state-owned Ukrainian Defense Industry, with an initial focus on military vehicle maintenance services in Ukraine. Named Rheinmetall Ukrainian Defense Industry, the joint venture will later cooperate in developing and manufacturing some Rheinmetall products, the Duesseldorf-based company said. Rheinmetall holds...
The new CEO of Italian defense and electronics firm Leonardo, Roberto Cingolani, said the company is “working on some alliances that should create European hubs in fundamental defense sectors.” According to a Defense News report, the CEO’s strategy, which he unveiled in a speech before a defense committee in the Italian Parliament, calls for a...
Houston, Texas-based Axiom Space has established a joint venture with South Korean company Boryung to explore opportunities in low-Earth orbit commercial space ventures. The new company, named Brax Space Corp., will be based in Korea, where Boryung operates from Seoul. It will focus on potential businesses from Axiom Space, a planned LEO commercial space station,...
