Business
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May- 2025 -21 May
Saildrone Bags $60M Investment for AI-Powered Maritime Security in Europe
US company Saildrone has announced a $60 million investment round led by Export and Investment Fund of Denmark.
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21 May
MBDA Invests in Developer of Innovative Hydra Drone
A UK-based startup has received financial backing from one of Europe’s biggest defense firms, MBDA.
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20 May
Danish Firm Wins Largest-Ever Radar Order for Kongsberg SHORAD
Kongsberg Defence & Aerospace has contracted Danish firm Weibel Scientific to supply XENTA surveillance radars.
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19 May
RTX Teams With UAE Partners to Produce Defense-Critical Gallium
RTX has signed an agreement with Tawazun Council and Emirates Global Aluminium to explore gallium production at EGA’s facility in Abu Dhabi.
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19 May
Raytheon Awarded $580 Million US Navy Next-Gen Jammer Contract
The US Navy has awarded Raytheon a $580-million follow-on production contract for the Next Generation Jammer Mid-Band system.
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19 May
Beaufort Equips 100th Japanese F-35 Pilot With Survivability Tech
Survival technology solutions provider Beaufort has equipped the 100th Japan Air Self-Defense Force F-35 pilot with its Aircrew Flight Equipment (AFE) ensemble.
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14 May
Helsing Unveils AI-Based Underwater Detection System for Quieter Threats
Helsing has unveiled an artificial intelligence-based underwater surveillance system to detect threats with low-acoustic signatures such as stealth submarines.
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14 May
Naval Group Explores Drone Integration on Greek Warships
Naval Group has signed a cooperation agreement with the Greek firm ALTUS LSA for the integration of drones on the Hellenic Navy’s surface ships.
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13 May
Indra Launches Multi-Purpose Air Weapon for Collaborative Combat
Spanish defense firm Indra has unveiled a modular weapon system configurable with mission-specific payloads at FEINDEF defense exhibition 2025, Madrid.
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13 May
AUKUS Taps H&B Defence for Nuclear Submarine Support
Arms firm H&B Defence was chosen to identify Australian companies that can support the supply chain for AUKUS' submarine and aircraft carrier program.
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