Industry

Fincantieri to buy four underwater technology companies in €600M deal
Italian shipbuilder Fincantieri has reached agreements to acquire majority stakes in four underwater technology companies in a deal worth approximately €600 million, expanding its capabilities in marine drones, underwater communications, geoscience services, and dual-use defense and commercial opera

Hanwha Ocean named preferred bidder for South Korea’s KDDX destroyer program
South Korean shipbuilding major Hanwha Ocean has been selected as the preferred bidder for the detailed design and construction of the lead ship under South Korea’s next-generation KDDX destroyer program.

Fincantieri, Albanian partners sign training pact to support naval shipbuilding
Italian shipbuilder Fincantieri has signed a Memorandum of Understanding (MoU) with Albanian KAYO and Pavarësia Vocational Institute aimed at developing training activities and educational pathways dedicated to shipbuilding and naval construction.

QinetiQ introduces additive manufacturing capability for UK submarine maintenance
QinetiQ has introduced an onsite additive manufacturing capability at HM Naval Base Clyde to help accelerate maintenance and repair work for the Royal Navy’s submarine fleet.

EXCLUSIVE INTERVIEW with Intel Marine: Integrating industry strengths to build tomorrow’s fleet
US-based maritime program integrator Intel Marine is positioning itself within this effort through partnership models to address domestic capacity constraints while supporting future coast guard and navy requirements.

Airbus, KHI to work on Japanese anti-submarine warfare variant of Eurodrone
Airbus has signed a Memorandum of Understanding (MoU) with Kawasaki Heavy Industries to work on a Japanese anti-submarine warfare variant of the U950 Eurodrone, Europe’s largest long-endurance remotely piloted aircraft system (RPAS).

German duo targets containerized mission modules for autonomous naval ops
German defense technology company FLANQ and modular systems specialist Norrenbrock Technik have announced a partnership to co-develop containerized mission modules for autonomous naval operations under FLANQ’s Q-KONTAIN concept.

Construction of Australia’s first Hunter-class frigate advances as second ship nears fabrication start
Construction of Australia’s first Hunter-class frigate has advanced significantly, with key manufacturing and prototyping milestones reached across the program, while the second vessel is moving closer to the start of fabrication.

Terma, MBDA to collaborate on European defense capabilities
Danish defense company Terma and European missile systems manufacturer MBDA have signed a strategic cooperation agreement aimed at strengthening European defense capabilities, industrial resilience, and future export opportunities.

Fincantieri, REPUBLIKORP ink MoU to build naval vessels in Indonesia
Italian shipbuilder Fincantieri and REPUBLIKORP, Indonesia’s largest privately owned defense industrial holding company, through its subsidiary PT Republik Palindo Internasional (RPAL), have signed a Memorandum of Understanding (MoU) establishing a strategic partnership to build naval vessels in Ind

TKMS places order for submarine steel in support of Canada’s future submarine program
German naval shipbuilder TKMS has awarded Valbruna ASW an initial order for approximately 70 tonnes of non-magnetic submarine steel as part of efforts to support the Canadian Patrol Submarine Project (CPSP).

Like air traffic controllers, but on the water
Every arrival, departure and berth of a ship together form a complex puzzle that the port planner and Vessel Traffic Services (VTS) operator put together every day. A port planner determines where and when ships dock and how to keep this traffic flow organised, while the VTS operator is the maritime

UAE’s EDGE enters European market with launch of new company in France
UAE technology company EDGE Group has launched EDGE Europe, a fully European commercial enterprise, headquartered in Paris.

Kongsberg, DRASS link up on next-gen underwater defense systems
Norwegian defense technology company Kongsberg and Italian subsea engineering firm DRASS have entered into a partnership to develop advanced underwater defense solutions.