Commerce, California-based FDH Aero said it has entered into a memorandum of understanding with the city of Sacheon in South Korea to jointly support the country’s space exploration goals established under the Korea AeroSpace Administration. Launched in May, the Sacheon-based KASA aims to accomplish moon and Mars landings in the next two decades and develop...
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Tag: Memorandum of Understanding
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Northrop Grumman, Mitsubishi Electric Extend Collaboration With Mission Solutions MOU; Kenn Todorov Quoted
Northrop Grumman and Mitsubishi Electric are planning to jointly pursue industrial co-production opportunities for various strategic mission solutions in the United States and Japan. The cooperation, provided in a memorandum of understanding that Northrop announced on Wednesday, extends to partnership in logistics and sustainment of key military capabilities such as electronic warfare, radar, underwater sensors and...
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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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European Investment Fund, NATO Partner to Improve Regional Defense Sector Investment
The European Investment Fund has launched an initiative to strengthen investments in the continent’s defense and security capabilities. In a memorandum of understanding with the NATO Innovation Fund, the two organizations aim to encourage private capital funds to allocate more of their investments towards the region’s defense and security industry. The MOU includes plans for...
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Thales Works With Clavister, Blackthorn to Develop New Cyber, Defense Solutions
Thales has signed an agreement to bolster cyber collaboration and explore new business opportunities in Sweden with Clavister and Blackthorn. The three parties finalized a memorandum of understanding to develop new cybersecurity and defense solutions for their existing customers. Thales said the partnership will advance joint efforts to meet Swedish customers’ requirements for enhanced networking,...
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Rheinmetall-Anduril Collaboration Seeks New Defense System Against Small Drones for European Warfighters; Oliver Duerr Quoted
German arms manufacturer Rheinmetall and U.S. defense technology company Anduril Industries will collaborate to develop and manufacture a new counter-small unmanned aerial system, initially for the European market. The collaboration follows a memorandum of understanding that the companies signed at the ongoing Eurosatory defense trade show in Paris. Under the joint C-sUAS project, Rheinmetall will...
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Airbus, Avincis to Explore eVTOL Operation Opportunities in Europe
Airbus and Avincis have agreed to collaborate on developing advanced air mobility and explore potential applications of electric vertical takeoff and landing aircraft in Europe. Avincis, a European aviation services provider, has already established an operational network that supports emergency medical services, search and rescue, and firefighting, among other missions. The company operates a fleet...
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Rheinmetall to Build Ammunition Plant in Lithuania With Potential New Incentives; Ausrine Armonaite Quoted
Germany-based defense company Rheinmetall has signed a memorandum of understanding to build an ammunition plant in Lithuania. The Baltic country has declared the project of state importance and is receiving new incentives from the Lithuanian Ministry of the Economy and Innovation, led by Minister Ausrine Armonaite. The planned incentives include legal amendments to simplify site...
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Leonardo to Collaborate With Singapore on Naval Technology Development
Leonardo has partnered with Singapore to explore further deployment of the Italian contractor’s naval gun and underwater technologies in the island nation. Leonardo’s website lists the76SR guns and Hitrole remote weapon stations among the company’s naval systems in the Singapore Navy service. It notes that the company has been partnering with the Singapore Armed Forces...
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US, Moldova Sign Deal to Bolster Cyber, Information Security Collaboration
The United States has signed an agreement with Moldova to strengthen the two countries’ partnership in cyber defense and information security. Under a memorandum of understanding between the U.S. nonprofit Civilian Research and Development Foundation and Moldova’s Ministry of Energy, the two parties will step up their cybersecurity standards and promote the development and implementation...