Search results for: invests

24 results

A list of search results

  • 7 August 2020
    Authorities, Training & Education

    Government of Australia led by the Prime Minister Scott Morrison will invest around A$11 million to acquire an advanced anti-submarine warfare capability for Defence. Minister for Defence, Senator the Hon Linda Reynolds CSC said the new AUV62-AT, Intermediate Anti-Submarine Warfare Training Target will enhance Australia’s warfighting capabilities. “This advanced technology training target will simulate submarines […]

  • 29 March 2018
    Authorities, Vessels

    The UK is to receive its new world-class nuclear submarines on time after the country’s government announced additional funds for defense. Specifically, the Ministry of Defence (MOD) will benefit from an extra GBP 800 million in the next financial year, the Chancellor and Defence Secretary have confirmed. This includes access to GBP 600 million from the […]

  • 18 September 2017
    Authorities, Equipment & technology, Industry news

    Looking to boost the company’s maritime know-how, Lockheed Martin Ventures has made an investment in the developer of the Submaran unmanned maritime vehicle – Ocean Aero. Lockheed Martin Ventures is Ocean Aero’s second significant investor, joining marine instrumentation leader Teledyne Technologies, which has invested in Ocean Aero since 2014. “Ocean Aero represents the next generation […]

  • 22 June 2017
    Authorities

    The UK defense ministry announced it has awarded a £135million contract for the construction of a new hangar for its F-35B aircraft. The hangar will be located at RAF Marham and will house 12 of the new fast jet aircraft which will deploy from there to the Queen Elizabeth-class aircraft carriers. It will improve existing facilities, including resurfacing […]

  • 16 March 2017
    Authorities, Industry news, Research & Development

    Canada’s Irving Shipbuilding is investing in marine innovation and commercialization in Nova Scotia and across Canada. The company announced on Thursday it is funding $4.52 million in the newly established Centre for Ocean Ventures and Entrepreneurship (COVE), an ocean innovation centre to be located on the waterfront in Dartmouth, Nova Scotia. At COVE, ocean science research, start-ups, R&D-intensive […]

  • 6 December 2016
    Authorities, Equipment & technology, Industry news, Training & Education

    The Royal Navy is investing in a new facility for reservists that will be built in Cardiff Bay, the service announced Tuesday. The £11 million investment by the Royal Navy will provide a training establishment for the Royal Naval Reserve (RNR), Royal Marine Reserve (RMR) and the University Royal Naval Unit (URNU). The project will be delivered […]

  • 23 March 2016
    Authorities, Training & Education

    The U.S. Navy has awarded five technology and consulting companies around $88 million to develop different educational programs for the Naval Postgraduate School. U.S. Navy commissioned officers will be attending programs devised by Creek Technologies, General Dynamics Information Technology, Digital Consulting Services, DeVine Consulting and MAC Consulting Services. The U.S. Department of Defense announcement said that each […]

  • 14 September 2015

    Seven Australian organisations will receive Australian Government funding of $14.2 million to develop and demonstrate innovative technologies that can enhance defense capability. The funding is made available under the Capability and Demonstrator Program managed by the Defense Science and Technology Group. Seven technology proposals from Australian companies, universities and science organisations have been selected this […]

  • 28 July 2015
    Industry news

    The HonourableEd Holder, Australian Minister of State (Science and Technology) and Susan Truppe, Member of Parliament for London North Centre and Parliamentary Secretary for Status of Women, on behalf of the Honourable Julian Fantino, Associate Minister of National Defence, on July 27th announced a CAD10 million (about USD 7.68 million) investment for Wolseley Barracks and […]

  • 2 June 2015
    Authorities, Equipment & technology, Research & Development

    The UK Ministry of Defence is investing £80 million in new world-class equipment to help train the Royal Air Force and Royal Navy helicopter pilots and rear crews of the future. A £51 million contract with Lockheed Martin UK will support Chinook Mk 6 training and a £29 million contract has been awarded to AgustaWestland to […]

  • 13 March 2015
    Authorities, Equipment & technology, Research & Development

    The UK Ministry of Defence has delivered some of the most technologically advanced and well supported helicopter fleets in the world over the last year. In the last 12 months, the Merlin Mk2, Puma Mk2, Chinook Mk6 and both the Royal Navy and British Army Wildcats have all been declared ready for operational use. As […]

  • 12 March 2015
    Authorities, Research & Development

    The UK’s submarine industry will benefit from £285 million of investment to continue design work for the Royal Navy’s next generation of nuclear deterrent submarines. The release of funding for the design work is within the existing Successor programme’s £3.3 billion Assessment Phase. The funding forms part of the MoD’s commitment to spending £163 billion […]

  • 20 February 2015
    Authorities, Equipment & technology, Industry news, Research & Development

    UK’s Prime Minister David Cameron has today announced a major boost to the UK’s shipbuilding industry as the Ministry of Defence signs a contract with BAE Systems worth £859 million. Around 1700 jobs will be sustained as a result of the investment in the future Type 26 complex warship – the next generation Royal Navy frigates […]

  • 10 June 2014
    Industry news

    UK Defence minister Dr Andrew Murrison has announced that a new £250 million Defence College of Logistics, Policing and Administration will provide world class facilities for their armed forces and will bring together the training for key support roles from each of the services onto one site for the first time.   The new college […]

  • 2 May 2014
    Equipment & technology, Industry news

    A £36M (USD 60.6M) contract from the UK Ministry of Defence (MOD) has been placed with MBDA for the Land variant of the Future Local Area Air Defence System (FLAADSLand).   This will fund an Assessment Phase that will demonstrate the adaptation and evolution of core weapon system subsystems (e.g. command & control) for the […]

  • 15 March 2013
    Industry news

    The Australian Government has made a multimillion dollar investment to develop future defence technology, under the Capability and Technology Demonstrator Program. Minister for Defence Science and Personnel Warren Snowdon said the program will receive up to $13 million to be managed by the Defence Science and Technology Organisation. “The program supports Australian industry to develop […]

  • 27 February 2012
    Industry news

    Marinette Marine Corp, a parent company of Fincantieri – Cantieri Navali Italiani SpA, has invested around $40 million in upgrading its facilities as part of the U.S. Navy littoral combat ship program. For the past two years, massive improvement works have been done at the shipyard all in order to support Navy’s LCS program. Some […]

  • 25 June 2020
    Authorities, Industry news, Vessels

    BAE Systems and NavyX have launched the Pacific 24 smart boat, the Royal Navy’s first crewless boat for general duties.

  • 15 March 2015
    Authorities, Equipment & technology, Industry news, Research & Development, Training & Education

    Swedish Navy’s Minesweeper Experiences Weapon Malfunctions Swedish Navy’s minesweeper HMS Ulvön (M77) experienced malfunctions during weapon fire tests yesterday south of Ronneby, Sweden. UK Invests More in Submarine Successor Programme The UK’s submarine industry will benefit from £285 million of investment to continue design work for the Royal Navy’s next generation of nuclear deterrent submarines. […]

  • 22 February 2015
    Authorities, Equipment & technology, Industry news, Research & Development, Training & Education

    Australian Defence Chief: Subs Don’t Need to Be Built in Australia The Australian Government is considering an order of twelve new submarines to replace its ageing Collins subs. UK Invests Big in Future Type 26 Warship UK’s Prime Minister David Cameron has today announced a major boost to the UK’s shipbuilding industry as the Ministry […]

  • 5 August 2014
    Authorities, Industry news, Research & Development

    ASRY, the leading ship and rig repair yard in the Arabian Gulf, has launched a new department dedicated to military projects called the Navy Defence and Industrial Projects (NDIP) Department.   The specialised team, headed by Anthony Haile, formerly of the UK Royal Navy is expanding ASRY’s strong experience in the defence sector to become […]

  • 24 July 2014
    Authorities, Research & Development

    Naval Counselors (NC) embarked on the U.S. Navy’s forward-deployed aircraft carrier USS George Washington (CVN 73) keep the ship properly manned by providing career services for Sailors.   NCs monitor and maintain the ship’s manning and retention rate, and provide career advice and assistance to Sailors. An NC makes use of a periodic career development […]

  • 3 January 2014
    Industry news

    American shipbuilder Huntington Ingalls Industries (HII) has taken over the S.M. Stoller Corporation (Stoller), a privately-held firm based in Colorado, as a strategic step toward further growth in nuclear services market. Stoller is a provider of environmental, nuclear, and technical consulting and engineering services to the U.S. Department of Energy, Department of Defense and the […]

  • 13 December 2011
    Training & Education

      Rear Adm. Rick Breckenridge, commander, Submarine Group 2 and U.S.Rep. Joe Courtney joined nearly 100 Sea Cadets and their families for their annual holiday party and awards at the VFW Post 1053 in Old Saybrook, Dec. 10. Nautilus (SSN 571) Division Commanding Officer Lt. Cmdr. Robert Smith, who retired from the U.S. Navy as […]