Acquisitions increased significantly in the naval industry in H2 2021
In the second half of 2021 acquisitions increased significantly by 33.3% from the same period in 2020. This marks an…
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Hunting the unicorns: GlobalData IPO predictions for 2022
10 tech unicorns that are likely going enjoy a headline-making IPO in 2022, following GlobalData's predictions.
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Huntington Ingalls Industries completes Alion acquisition
The acquisition of Alion will expand HII’s capabilities and customer reach in its target markets.
Elbit Systems of America completes Sparton acquisition for $380m
Elbit Systems' US subsidiary has closed the acquisition of Sparton following the receipt of all the necessary approvals.
UK MOD awards funding to Rolls-Royce for naval autonomy technology
The UK Ministry of Defence (MOD) has granted funding to Rolls-Royce to advance the development of ‘Artificial Chief Engineer’ technology.
US DOD SERDP awards funding to NPS for new research project
The Naval Postgraduate School (NPS) has been granted funding to work on a new research project called ‘Advancing Resilience Theory…
DASA awards £3m funding for Intelligent Ship competition
The UK’s Defence and Security Accelerator (DASA) has awarded £3m in funding for its Intelligent Ship competition to improve decision-making,…
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No plans or funding to replace Royal Navy’s RFA Argus
The UK National Audit Office (NAO) has reported that the Royal Navy will lose medical and minehunting capabilities by the…
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