Dutch shipbuilding major Damen Shipyards Group has continued constructive discussions with Germany on the progress of the F126 frigate project, the company revealed in its 2024 annual report.
Italian shipbuilder Fincantieri and Kayo, an Albanian company specializing in the development of strategic industrial infrastructures, have signed a Memorandum of Understanding (MoU) to establish a joint venture (JV) dedicated to the construction and maintenance of naval vessels in Albania.
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).
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.
MANGROVE consortium, led by Saab, has been selected by NATO to lead the new Allied Underwater Battlespace Mission Network project (AUWB-MN).
AI technology company Zelim has launched a new dedicated business unit to meet the growing demand from the global defense sector.
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.
International defense company Babcock and Polska Grupa Zbrojeniowa (PGZ) have signed a strategic cooperation agreement to expand collaboration across sea and air domains.
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.
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.
Italian shipbuilding major Fincantieri and Polska Grupa Zbrojeniowa (PGZ) have signed a Memorandum of Understanding (MoU) to collaborate in the naval defense sector.
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.
British defense company Kraken Technology and German shipbuilder NVL Group have formed an Anglo-German joint venture (JV) alliance to accelerate the development and scale production of autonomous surface vessel capabilities.
Swedish company Saab has acquired local submarine parts supplier Deform to strengthen the security of supply for the Swedish defense industry.
