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Thales Acquires Exail in €3.9B Underwater Defense Deal

French defense company Thales has agreed to acquire a 35.5% stake in underwater robotics specialist Exail Technologies...

Leonardo CEO Shake-Up: Italy Replaces Cingolani with Mariani Amid Defense Strategy Shift

In an unexpected decision, the Italian government has chosen to replace Leonardo CEO Roberto Cingolani, a move...

Fincantieri Eyes U.S. Navy Contracts After Frigate Program Cancellation

Fincantieri is positioning itself to deliver a wide range of vessels for the U.S. government—from corvettes and...

Poland Nears Decision on Orka Submarine Program as Global Defense Bidders Compete

Polish defense authorities have reached out to six nations for information on potential submarine designs for the...

Italy to Sell Two Fremm-Class Frigates to Greece for Rapid Naval Reinforcement

Italy is set to sell two Fremm-class frigates, currently active in its own navy, to Greece, marking...

Fincantieri’s Role in Revitalizing U.S. Naval Shipbuilding Under Trump

The CEO of the Italian state-owned shipbuilder Fincantieri has suggested that the company could play a pivotal...

FREMM EVO Frigates: Next-Gen Naval Warfare & Fleet Modernization

The event saw the participation of several high-ranking officials, including Admiral Chief Inspector Giuseppe Abbamonte, Director of...

EDGE Group and Fincantieri Forge Transformative Maritime Partnership

EDGE, a leading global technology and defense firm, and Fincantieri, one of the world's premier shipbuilders, have...

Italy begins construction of heavily armed Near Future Submarine

In a statement the Italian Ministry of Defense and Italian shipmaker Fincantieri said, construction of the U212NFS...

Italy building mini submarines for Qatar

The above picture is for representational only. Sometimes Government hearings provide vital information on sensitive defense deals. A...

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Global Defense Industry Booms as Spending Surges

The above image is for representational purposes only. The global defense industry reached another...

Sweden Orders Four Naval Group Frigates in $4 Billion Deal

Sweden has formally placed an order for four frigates from French shipbuilder Naval Group, with the agreement...

Pentagon Review Weighs U.S. Troop Cuts in Europe

A Pentagon assessment of U.S. military deployments in Europe is expected to produce at least four possible...

X-Bow Wins $11M Contract for Low-Cost Missile Interceptor

The U.S. Department of Defense has granted New Mexico-based rocket company X-Bow Systems a contract valued at...