Industry
Helsing buys AUV specialist
European defence technology company Helsing has announced it is in the process of acquiring Blue Ocean, an ocean technology company that designs, develops, and operates autonomous underwater vehicles (AUVs).
Italy and Greece sign agreement for two naval vessels
The National Armaments Directors of Italy and Greece have signed a preliminary agreement for the transfer to the Hellenic Navy, through Italian shipbuilder Fincantieri, of two naval units currently in service with the Italian Navy fleet.
NATO picks Saab-led consortium for new underwater battlespace project
MANGROVE consortium, led by Saab, has been selected by NATO to lead the new Allied Underwater Battlespace Mission Network project (AUWB-MN).
Zelim expands defense engagement with new business unit
AI technology company Zelim has launched a new dedicated business unit to meet the growing demand from the global defense sector.
Rheinmetall steps into naval shipbuilding sector with planned NVL takeover
Düsseldorf-based technology group Rheinmetall has agreed with the Lürssen Group on the key terms of an acquisition of Naval Vessels Lürssen (NVL B.V.) and all its subsidiaries.
Australia pours in $12 billion to support naval shipbuilding
The Australian Government has decided to provide $12 billion (US$8 billion) towards delivering a defence precinct at Henderson to deliver continuous naval shipbuilding and AUKUS in Western Australia.
Austal USA, Master Boat Builders ink MoU to expand shipbuilding capacity
Austal USA and Master Boat Builders have signed a memorandum of understanding (MoU) establishing a strategic outsourcing partnership designed to expand U.S. shipbuilding capacity.
Babcock and PGZ to cooperate across sea and air domains
International defense company Babcock and Polska Grupa Zbrojeniowa (PGZ) have signed a strategic cooperation agreement to expand collaboration across sea and air domains.
South Korean shipbuilding giants merge to boost defense growth
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo (HMD) have approved a merger agenda to enhance global competitiveness and expand orders in the shipbuilding and defense sectors.
Saab, WB Group join forces on UAV systems and naval solutions
Saab has established a strategic cooperation with the Polish technology company WB Group to explore potential cooperation in areas including UAV systems, naval solutions, and border protection systems.
TKMS links up with Indian firm to work on submarine weapons technologies
German defense giant TKMS has signed a Memorandum of Understanding (MoU) with India’s VEM Technologies for cooperation in the area of submarine weapons technologies.
Fincantieri, PGZ ink MoU to collaborate in naval defense sector
Italian shipbuilding major Fincantieri and Polska Grupa Zbrojeniowa (PGZ) have signed a Memorandum of Understanding (MoU) to collaborate in the naval defense sector.
Chilean Navy trials carbon-neutral fuel in Strait of Magellan
The Chilean Navy has demonstrated a ‘first-of-its-kind’ operation by fueling a naval vessel, a motorboat from the Hydrographic and Oceanographic Service (SHOA), with e-fuel, a carbon-neutral synthetic gasoline produced by international electrofuel company HIF Global.
Vigor Marine partners with SHI to keep naval vessels ‘mission-ready’
Vigor Marine Group has joined forces with South Korean shipbuilding major Samsung Heavy Industries (SHI) to bring expanded forward-deployed maintenance, repair, and overhaul (MRO) capacity to the Indo-Pacific region.