Industry

New UK-Norwegian defense partnership emerges
A Memorandum of Understanding (MOU) has been signed between the UK’s shipbuilder BAE Systems and Norwegian firm Hamek that will see the two companies work together to support Norway’s maritime requirements.

Fincantieri, EDGE to work on underwater technologies under new JV
UAE-based tech group EDGE Group and Italian shipbuilding major Fincantieri have signed a new Memorandum of Understanding (MoU) that extends and builds upon the agreement signed in November 2024 in Paris in the rapidly evolving underwater domain.

EDGE and Naval Group team up on naval combat systems
UAE-based technology and defense company EDGE Group has signed a Memorandum of Understanding (MoU) with French naval defense player Naval Group to explore potential collaboration opportunities in naval combat systems.

EDGE, Leonardo join hands to strengthen technological capabilities in aerospace and defense
UAE-based technology and defense group EDGE and global industrial group LEONARDO have signed a collaboration agreement to further enhance their partnership in developing solutions across six critical domains.

Babcock, Atlas Elektronik sign commercial framework agreement to support Royal Navy subs
Babcock and compatriot maritime high technology enterprise Atlas Elektronik UK (AEUK) have signed a commercial framework agreement to ensure readiness of Royal Navy submarines.

Denmark to boost Arctic defense with three new naval vessels
Denmark is set to strengthen its military presence in the Arctic and North Atlantic with the addition of three new naval vessels as part of a newly agreed defense deal.

Navantia completes acquisition of UK’s shipbuilder Harland & Wolff
Navantia UK, a subsidiary of Spanish state-owned shipbuilding company Navantia, has announced the completion of the acquisition of Harland & Wolff’s facilities in Belfast, Appledore, Methil and Arnish.

Navantia in discussions to acquire historic British shipbuilder Haarland & Wolff
Navantia UK, a subsidiary of Spanish shipbuilder Navantia, is in discussions with Harland & Wolff, a historic British shipbuilding and fabrication company, to acquire its operations across four sites: Belfast in Northern Ireland, Appledore in the South West of England and Methil and Arnish in Scotla

Norway sets aside $241 million to support Ukrainian Navy
Norway has decided to provide NOK 2.7 billion (approximately $241 million) to strengthen the Ukrainian Navy.

Fincantieri, Sparkle join hands on protection and surveillance of submarine cables
Italian shipbuilding major Fincantieri and Sparkle, the first international service provider in Italy, have signed a Memorandum of Understanding (MoU) to collaborate on the development of innovative technological solutions for the surveillance and protection of submarine telecommunications cables.

Next phase of AUKUS deal unlocked: Industry partners sign tasking statement
The agreement is a significant milestone that will support the delivery of Australia’s conventionally armed, nuclear-powered submarines for the Royal Australian Navy.

Northrop Grumman kicks off production of France’s E-2D Advanced Hawkeye
Northrop Grumman has started the production of the first E-2D Advanced Hawkeye for the French Navy at the company’s St. Augustine manufacturing facility.

Babcock, Hanwha Ocean pen strategic cooperation agreement for naval market
UK defense company Babcock has signed a strategic cooperation agreement with South Korean shipbuilding company Hanwha Ocean to further develop opportunities in the global naval market.

AUKUS trio to fast-track development of hypersonic technologies under new ‘landmark’ deal
The U.S. Department of Defense (DoD), along with the Australian Department of Defence and the United Kingdom Ministry of Defence (MOD), have signed an agreement to enhance testing of hypersonic vehicles and accelerate the implementation of related technologies. Under AUKUS Pillar II, the three natio