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Alliance bolsters Italian Navy with €1.6bn minehunters deal - Naval Technology

Intermarine and Leonardo have secured a €1.6bn contract to deliver five minehunters to the Italian Navy, aiming to enhance maritime security.

Axsys Technologies
26 Jul 2024

Ukraine gets first $1.6bn from frozen Russian assets - Naval Technology

The EU has sent the first payment to Ukraine for ‘military capabilities’ and ‘reconstruction’, financed by frozen Russian assets.

Axsys Technologies
26 Jul 2024

Naval Group's Netherlands submarine deal upheld amid TKMS objections - Naval Technology

Thyssenkrupp's objections have been dismissed in the Hague, thus paving the way for Naval Group to build four submarines for the Dutch.

Axsys Technologies
26 Jul 2024

US and Japan acquire SM-3 interceptors from Raytheon - Naval Technology

The US and Japan procure SM-3 Block IIA missile interceptors from Raytheon, an RTX business, to protect against ballistic missile threats.

Axsys Technologies
26 Jul 2024

AUKUS Pillar II: an unsung enterprise driving the alliance - Naval Technology

A Farnborough Airshow panel on AUKUS Pillar II explored the intentions behind the overlooked initiative to discern any guiding objectives.

Axsys Technologies
25 Jul 2024

Lockheed Martin deepens Spanish ties, secures SPY-7 production - Naval Technology

The advance broadens Spain’s involvement in manufacturing the SPY-7 radar system, fostering integration into Lockheed Martin’s network.

Axsys Technologies
24 Jul 2024

UK to replenish LMM missile stocks after huge donations to Ukraine - Naval Technology

The UK has donated huge quantities of weaponry to Ukraine, both platforms and munitions, leaving its own stockpiles in a parlous state.

Axsys Technologies
24 Jul 2024

US Navy Secretary expands Michigan maritime manufacturing skills - Naval Technology

US Government invest more than $50m in a new Michigan Maritime Manufacturing initiative to support the submarine industrial base.

Axsys Technologies
24 Jul 2024

AUKUS Navy chiefs visit HMAS Stirling naval base, Western Australia - Naval Technology

AUKUS navy chiefs visit HMAS Stirling naval base in Western Australia and agree to enhance lethality in a new statement of intent.

Axsys Technologies
23 Jul 2024

First of joint Belgian-Dutch drone motherships begins sea trials - Naval Technology

The BNS Oostende will be handed over in the summer of 2025, with all 12 vessels delivered to Belgium and the Netherlands by mid-2030.

Axsys Technologies
22 Jul 2024

Royal Navy conclude SEA-class workboat procurement - Naval Technology

Royal Navy inducts final two Vahana workboats from AEUK, concluding a seven-year-long procurement contract worth £48m.

Axsys Technologies
22 Jul 2024

Saab reports Q2 record order intake and increased capacity investments - Naval Technology

Saab has seen significant growth in sales and profitability in Q2 of 2024, and reiterates a positive outlook for full year.

Axsys Technologies
22 Jul 2024

Second French Navy patrol boat admitted to service - Naval Technology

The French Navy have admitted its second Felix Eboue-class patrol boat into active service in French Polynesia.

Axsys Technologies
22 Jul 2024

Taiwan’s provocative modernisation a gambit against China's intrusion - Naval Technology

Taiwan is upgrading its military in response to provocations from China, with a specific emphasis on its Army, Air Force, and Navy.

Axsys Technologies
22 Jul 2024

GlobalData: JP Morgan and Houlihan Lokey top NA M&A financial advisers - Naval Technology

JP Morgan and Houlihan Lokey were the top financial advisers M&A in North America during H1 of 2024 by value and volume, respectively.

Axsys Technologies
19 Jul 2024

Zelensky attends UK extraordinary cabinet meeting on Russia’s ‘shadow fleet’

With Zelensky in London, the UK has sanctioned eleven more oil tankers – three of which are part of Russia’s ‘shadow fleet’.

Axsys Technologies
19 Jul 2024

QinetiQ reports a solid start to FY25 with growth and strategic wins - Naval Technology

In the first quarter of FY25, QinetiQ, a defence technology company, demonstrates a solid start to the financial year.

Axsys Technologies
18 Jul 2024

UK can expect 2.5% GDP defence spending plan in autumn - Naval Technology

With a roadmap for the UK's 2.5% GDP defence spending target expected in the autumn, questions remain about the best way to spend in Defence.

Axsys Technologies
18 Jul 2024

New award expands supply chain for Canada’s River-class destroyers - Naval Technology

WR Davis Engineering will design and implement the River-class destroyer's engine exhaust and intake system, through an Irving contract.

Axsys Technologies
18 Jul 2024

New award expands supply chain for Canada’s River-class destroyers - Naval Technology

WR Davis Engineering will design and implement the River-class destroyer's engine exhaust and intake system, through an Irving contract.

Axsys Technologies
18 Jul 2024

In de-mining efforts, RNLN test first uncrewed surface vessel - Naval Technology

The Royal Netherlands Navy (RNLN) is testing its first uncrewed surface vessel, a mine-countermeasure host ship for other autonomous systems.

Axsys Technologies
18 Jul 2024

Lithium battery facility inaugurated to support Italian NFS programme - Naval Technology

Fincantieri opens lithium battery facility in the Lazio region to support the Italian Navy's NFS conventional submarine programme.

Axsys Technologies
18 Jul 2024

Cohort financials show record growth before Nato contract - Naval Technology

Cohort have won a contract to provide communications to the Portuguese army and have announced record growth.

Axsys Technologies
17 Jul 2024

Babcock recognises £90m loss on Type 31 frigate contract - Naval Technology

Concerns over the profitability of the Royal Navy's Type 31 frigate programme have been raised on a number of occasions.

Axsys Technologies
17 Jul 2024

Surge in cyberattacks after Romania donates Patriot to Ukraine - Naval Technology

Russian-affiliated hacktivists have taken credit for the drastic spike in direct-path cyberattacks on Romanian government websites.

Axsys Technologies
17 Jul 2024
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