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.
Thyssenkrupp AG has approved the spin-off of the company’s marine business, thyssenkrupp Marine Systems (TKMS), paving the way for a new, publicly listed player in the maritime defense market.
Austal has finalized a strategic shipbuilding agreement with the Australian Government.
BWX Technologies (BWXT) has received US Naval Nuclear Propulsion Program contracts totaling approximately $2.6 billion, including future year options, for manufacturing naval nuclear reactor components.
British multinational aerospace and defense company Rolls-Royce has completed the sale of its naval propulsors business to US engine supplier Fairbanks Morse Defense (FMD).
Classification society Lloyd’s Register (LR) has secured a 12-month in-service submarine support contract from the UK Ministry of Defense (MOD) through the Aurora Framework.
Seaspan Vancouver Shipyards (Seaspan) has signed a Memorandum of Understanding with Stigterstaal Canada and Algoma Steel to explore a strategic partnership aimed at reestablishing a domestic steel supply chain.
The U.S., Australian, and Japanese officials have signed a naval logistics agreement to further enhance logistics interoperability among their maritime forces.
The US Navy has taken delivery of the first overhauled P-8A Poseidon aircraft from American tech company L3Harris Technologies.
French defense tech giant Thales and Norwegian defense supplier Kongsberg Defence & Aerospace have signed an agreement to set up a joint venture company in secure communications.
Multidisciplinary construction and engineering services provider Civmec has entered into a binding agreement to acquire 100% of the shares in Luerssen Australia from NVL Australia (NVL).
Leonardo and Turkish defense tech company Baykar Technologies have established a joint venture dedicated to the development of unmanned technologies.
The Defence Science and Technology Laboratory (Dstl) and industry partners have adapted and tested a commercially available remotely operated vehicle (ROV) for the Royal Navy to prevent sabotage and remove potential threats.
