Search results for: invests

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  • 6 January 2015
    Authorities, Industry news, Research & Development

    The Australian Coalition Government continues its commitment to increasing investment in Australian defence infrastructure. According to a report by Hon Kevin Andrews MP, Minister for Defence, reports of massive job losses in the industry are speculative. Over the last six years, defence spending dropped to levels not seen since 1938. The former government’s decisions led […]

  • 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 […]

  • 26 March 2014
    Authorities, Industry news

    The Australian Minister for Defence, Senator David Johnston, and the Assistant Minister for Defence, Mr Stuart Robert today announced a multimillion dollar investment to develop future defence technology in Australia.   Up to $13 million has been committed under Round 18 of the Capability and Technology Demonstrator Program. Managed by the Defence Science and Technology […]

  • 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 […]

  • 4 August 2015
    Authorities, Industry news, Research & Development

    The Australian Government announced a long-term investment of over $89 billion in ships and submarines for the Navy over the next 20 years. According to a media release, this investment will generate significant economic growth and sustain several thousand Australian jobs over decades. The Government will implement a continuous build of surface warships in Australia. […]

  • 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 […]

  • 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 […]

  • 4 March 2016
    Authorities, Equipment & technology, Research & Development

    UK’s Defence Secretary Michael Fallon on March 3 announced additional £642 (approx. $907.2M) million of investment for the Successor submarine programme. New parts and facilities, as well as further design work will be funded by the latest investment which will help to progress work on the four new submarines that will begin replacing the Vanguard class, […]

  • 10 April 2018
    Authorities, Equipment & technology

    The Canadian government is starting to invest in defense research which will improve subsea surveillance solutions for its Arctic regions. On April 6, the government announced it has awarded a contract to Cellula Robotics to develop a fuel cell that would boost the ability for autonomous underwater vehicles to store sufficient energy to undertake long range and […]

  • 30 January 2015
    Authorities, Equipment & technology, Industry news, Research & Development

    While on the visit to one of the world’s oldest dry docks in Portsmouth, British Chancellor of the Exchequer, George Osborne, announced almost £100 million of infrastructure development in new dock facilities at Portsmouth Naval Base. The development is intended to further support the arrival of the Queen Elizabeth Class Aircraft Carriers. The new work will […]

  • 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 […]

  • 23 February 2015
    Authorities, Equipment & technology, Research & Development

    More than £300m will be pumped into the home of the Royal Navy’s next-generation strike fighter to meet the demands of the new jet. Work will begin at RAF Marham in Norfolk to provide the infrastructure and facilities needed to operate the F-35 Lightning II. When not flying from the decks of HMS Queen Elizabeth […]

  • 18 June 2012
    Training & Education

    Although Russian defense minister Anatoly Serdiukov is still going to equip Russian warships with British-made furniture, its manufacturer… (rusnavy) [mappress] Source: Russian Navy, June 18, 2012; Image: strongbox

  • 9 July 2019
    Authorities, Equipment & technology, Industry news, Research & Development

    The MoD has earmarked £130m for three Directed Energy Weapons demonstrators.

  • 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 […]

  • 29 April 2014
    Authorities, Industry news

    Defence Minister Jonathan Coleman says the Government is committed to strengthening the New Zealand Defence Force (NZDF), and will be investing $100.9 million of operating funding in 2014/2015.   “This significant investment in our Defence Force, combined with the savings and reinvestment achieved through recent reforms, means the Government is addressing the long term funding […]

  • 1 October 2014
    Authorities, Industry news, Research & Development

    UK MOD has awarded £3.2 billion of contracts to support the management of the UK’s naval bases. The contracts will also cover the maintenance and repair of the Royal Navy’s warships and submarines, directly sustaining more than 7,500 jobs across the UK. Babcock, which manages Her Majesty’s Naval Bases at Devonport and Clyde, has been […]

  • 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 […]

  • 24 November 2015
    Authorities, Equipment & technology, Industry news

    UK’s new defence plan envisions the commissioning of new Type 26 Global Combat Ships from the mid-2020s, upgraded maritime helicopters and the new aircraft carrier in operating capability by 2020. This plan is backed with a £178 B budget which represents a £12 B increase on previous plans. The National Security Strategy and Strategic Defence Review for […]

  • 23 June 2011

      On Thursday 16 June, during a patrol for the Frontex border control operation in the Mediterranean, naval ship HNLMS Mercuur intercepted 400 kilos of cannabis. The two crew members of the boat, who threw the drugs overboard, were arrested by the Spanish authorities. HNLMS Mercuur spotted the suspect boat during a patrol. The boat […]

  • 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 […]

  • 17 July 2013
    Equipment & technology, Industry news

    The Royal Navy just spent $45 million on the ScanEagle UAV, which is part of a market set to be worth $8.35 billion by 2018, according to a recent market intelligence report. One thing is clear: the role of UAVs in maritime reconnaissance and surveillance is becoming a key area for development and investment right […]

  • 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 […]

  • 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 April 2018
    Equipment & technology, Industry news, Research & Development

    UK defense contractor BAE Systems has announced a £10 million (approx. $14.2m) investment into upgrades of the Maritime Integration & Support Centre (MISC) aimed at improving research into artificial intelligence, information and electronic warfare, unmanned vehicles and new weapons. Located in Portsmouth, the MISC is a specialist facility providing vital support for Royal Navy warships whilst […]

  • 11 March 2011

      The navy is planning to invest 100-million dollars in upgrades at the Portsmouth Naval Shipyard in the next fiscal year… (wlbz2) [mappress] Source: wlbz2,March 11, 2011;

  • 18 February 2015
    Authorities

    On a visit to Her Majesty’s Naval Base (HMNB) Portsmouth, UK Prime Minister David Cameron announced that BAE Systems and Magma Structures have been chosen as the preferred bidders to occupy the Portsmouth ship hall facilities. These announcements will further add to the £100 million investment in HMNB Portsmouth that will ensure the city is ready […]

  • 2 April 2019
    Authorities, Equipment & technology, Industry news, Research & Development

    The UK defense ministry has announced an investment of £75 million into new Royal Navy robot and autonomous mine-hunting technologies. The funding boost will be spent on two new autonomous mine-hunter vessels with sonars to enable remote mine-hunting at higher range, speed and accuracy in the Persian Gulf, as well as a new joint military […]