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.
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 and Master Boat Builders have signed a memorandum of understanding (MoU) establishing a strategic outsourcing partnership designed to expand U.S. shipbuilding capacity.
International defense company Babcock and Polska Grupa Zbrojeniowa (PGZ) have signed a strategic cooperation agreement to expand collaboration across sea and air domains.
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 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.
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.
Blue Water Autonomy has secured $50 million in Series A funding, led by GV, to support the construction of unmanned vessels.
