Defense News
Fincantieri Unveils its Vision for the Development of its Underwater Segment
During the DEEPDIVE - Analyst and Investor Underwater Day held Monday in Milan (Italy), Fincantieri presented its long-term strategic vision for the development of its underwater segment to the financial community, outlining a clear, ambitious, and
Naval Group, Akkodis Explore Potential Cooperation on Norway’s Future Frigate Program
Naval Group and Akkodis in Norway, a leading digital engineering specialist with two Norwegian subsidiaries - Akkodis Edge Norway and Akkodis Norway R&D Services - have signed a Letter of Intent (LoI) to outline potential areas of cooperation
SIPRI: European, Middle East Military Spending Surges in 2024
World military expenditure reached $2,718 billion in 2024, an increase of 9.4% in real terms from 2023 and the steepest year-on-year rise since at least the end of the cold war. Military spending increased in all world regions, with particularly
Raytheon Launches Industrial Facility to Manufacture Coyote Counter Drone Interceptor at Tawazun Industrial Park
Raytheon, an RTX business, announced the inauguration of a new advanced industrial facility at Tawazun Industrial Park in Abu Dhabi. The facility will serve as a specialised centre for the production and assembly of the Coyote
Pierroberto Folgiero Confirmed as Chief Executive Officer of Fincantieri
The new Board of Directors of FINCANTIERI S.p.A. (“Fincantieri” or the “Company”), appointed by the Shareholders’ Meeting held Wednesday, which will remain in office until the Shareholders’ Meeting for the approval of the financial statements as at
Royal Saudi Air Force Takes Part in Anatolian Phoenix Exercise in Turkiye
The Royal Saudi Air Force is taking part in the combat search and rescue exercise ‘Anatolian Phoenix 2025’, which began Monday at the Konya Air Base in the Republic of Turkiye, alongside forces from several brotherly and friendly
Kuwait’s Ministry of Defense Unveils 5-Year Strategic Plan
Kuwait’s Deputy Prime Minister, Minister of Defense and Acting Minister of Interior Sheikh Abdullah Ali Abdullah Al-Sabah affirmed that the launch of the Ministry of Defense’s strategic plan (2025–2030) reflects the directives of HH the Amir
Lockheed Martin, Saudi AIC Steel Celebrate THAAD Launcher Production Milestone
Lockheed Martin Missiles and Fire Control President Tim Cahill, along with the General Authority for Military Industries (GAMI) Assistant Deputy Nawaf Albawardi, and Wasim Attieh President of Arabian International Company for Steel
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