Industry
HD Hyundai gets DNV’s AiP for HDS-1500 submarine; inks submarine MoA with SIMA Peru
Peru’s state-owned shipyard SIMA Peru has signed a Memorandum of Agreement (MoA) with South Korean shipbuilding heavyweight HD Hyundai Heavy Industries (HD HHI) to collaborate on a joint submarine development.
New era for Harland & Wolff as Navantia launches major modernization works
The new owner of the Harland & Wolff shipyard in Belfast, Navantia UK, has initiated significant modernization work for the shipyard.
Saronic acquires Luisana shipyard, unveils next-gen ASV
US tech company Saronic has decided to acquire Gulf Craft, a Louisiana-based shipbuilder, to accelerate its growth into autonomous shipbuilding.
European shipbuilding giants join hands on Philippine Navy’s submarine project
Italian shipbuilder Fincantieri and its German counterpart thyssenkrupp Marine Systems (TKMS) have signed an industrial cooperation agreement as part of a broader strategic partnership to provide the Philippine Navy with advanced submarine capabilities solutions.
Russia unveils massive financial injection for naval sector: $100.8 billion for new warships
Russian President Vladimir Putin has unveiled a sweeping development strategy for the Russian Navy, outlining plans for a significant expansion and modernization through 2050.
New investment deepens Fincantieri’s stake in naval and submarine sector
Italian shipbuilding heavyweight Fincantieri has formalized its investment in WSense, a local deep-tech scale-up specialized in underwater monitoring and communication.
South Korea’s major HD HHI pens deals with American players to support defense projects
South Korean shipbuilding heavyweight HD Hyundai Heavy Industries (HD HHI) has signed several contracts with American companies to support maritime defense projects.
Aselsan: 21 systems upgraded on Turkish frigate in BARBAROS-MLU Project (VIDEO)
Turkish defense corporation Aselsan has completed the BARBAROS-Class Frigates Mid-Life Upgrade (BARBAROS-MLU) Project.
Fincantieri and Kayo team up to foster naval shipbuilding capabilities in Albania
Italian shipbuilding major Fincantieri has signed a Memorandum of Understanding (MoU) with Albanian company Kayo aimed at establishing a strategic collaboration to promote the development of the shipbuilding and naval industry in the Balkan country.
Hanwha Aerospace and GA-ASI join hands on unmanned aircraft systems
South Korean firm Hanwha Aerospace and American company General Atomics Aeronautical Systems have agreed to collaborate in developing and producing unmanned aircraft systems (UAS) for the global defense market.
HII and HD HHI ink MoU to cooperate on ship production in defense sector
US military shipbuilding company HII and South Korean shipbuilding major HD Hyundai Heavy Industries (HD HHI) have signed a Memorandum of Understanding (MoU) to explore opportunities and collaborate on accelerating ship production in support of defense and commercial shipbuilding projects.
Naval Group, NORCE ink MoU to support innovation in defense sector
Naval Group and the Norwegian research organization NORCE have signed a partnership cooperation agreement.
EDGE Group strengthens ties with Brazilian Navy to work on new defense systems
UAE-based technology and defense group EDGE Group has unveiled multiple agreements with the Brazilian Navy, designed to enhance Brazil’s naval capabilities.
Australia joins forces with Kongsberg to establish first missile factory
The Australian government has signed a contract with Kongsberg Defence Australia to establish Australia’s first guided weapons production factory in Newcastle.