Industry

HII, Babcock strengthen ties on Virginia-class submarine construction
Defense majors Babcock and HII have signed a contract that expands their strategic partnership to further support the Virginia-class submarine construction.

The final countdown: Preparing for OEEC 2025
The energy is rising as we enter the final countdown to the 18th edition of the Offshore Energy Exhibition & Conference (OEEC), taking place on 25–26 November at RAI Amsterdam. In less than one week, thousands of professionals from across the offshore energy sector will gather for two days dedicated

Damen and Germany in ongoing talks over future of F126 frigate project
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.

Fincantieri and Albanian company sign MoU to create naval JV
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.

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.

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.

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.