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February 7, 2024 | International, Land

Saudi Arabia signs $3.2B deal for South Korean air defense systems

The two countries also inked a memorandum of understanding to further strengthen defense cooperation.

https://www.defensenews.com/land/2024/02/07/saudi-arabia-signs-32b-deal-for-south-korean-air-defense-systems/

On the same subject

  • Parsons acquires geospatial intelligence provider OGSystems

    January 10, 2019 | International, C4ISR

    Parsons acquires geospatial intelligence provider OGSystems

    By: Mark Pomerleau California-based Parsons Corp. announced Jan. 8 it has acquired OGSystems, which provides advanced technologies in geospatial intelligence, big data analytics and threat mitigation. According to a press release, the move follows “a series of strategic investments” and is the third acquisition by Parsons in the last 14 months. Terms of the deal were not disclosed. OGSystems' main customers include the National Geospatial-Intelligence Agency, the National Reconnaissance Office, and Special Operations Command. The company's VIPER Labs and Immersive Engineering techniques were the catalysts for deployment of geospatial systems and software, embedded system threat analytics and cloud engineering solutions, the release stated. “OGSystems will expand our position in critical markets, including space operations, cybersecurity, critical infrastructure, and beyond,” Carey Smith, Parsons' chief operating officer, said. “Parsons' existing artificial intelligence and cloud computing expertise will augment OGSystems' support for customers demanding more efficiency in analyzing overwhelming volumes of geographic imagery and data.” Parsons' last major acquisition, in May 2018, was Polaris Alpha, which provides innovative mission solutions for complex defense, intelligence, security customers and other U.S. federal government customers. Parsons noted at the time that its artificial intelligence, signals intelligence and data analytics expertise supporting defensive and offensive cybersecurity missions will be expanded by integrating Polaris Alpha's machine learning, data, video, multi-source analytics and automated reasoning technologies. Moreover, Polaris Alpha's portfolio of electromagnetic warfare, signals intelligence, space situational awareness and multidomain command and control technologies will “significantly increase the scale and scope of Parsons' capabilities and customer relationships.” “Parsons' strategy is focused on disruptive, differentiated technologies demanded in high-growth, mission-oriented programs in the defense, intelligence, and critical infrastructure sectors,” Chuck Harrington, Parsons' chairman and CEO, said following the acquisition of OGSystems. “The actionable intelligence that geospatial imagery and data analytics brings to Parsons' portfolio through OGSystems is a game changer. Whether informing our national security customers' mission planning or designing tomorrow's resilient smart city, Parsons now brings deeper intelligence expertise to the challenge.” https://www.c4isrnet.com/industry/2019/01/09/parsons-acquires-geospatial-intelligence-provider-ogsystems

  • Airbus and Leonardo sign MoU to jointly approach future integrated training systems market

    June 22, 2023 | International, Aerospace

    Airbus and Leonardo sign MoU to jointly approach future integrated training systems market

    Under this collaboration, both companies will jointly address and pursue business opportunities for the provision of advanced training systems leveraging on M-346 proven experience

  • Les Danois votent massivement pour rejoindre la politique de Défense européenne

    June 2, 2022 | International, Aerospace, Naval, Land, C4ISR, Security

    Les Danois votent massivement pour rejoindre la politique de Défense européenne

    Appelés au vote le 1er juin, une large majorité de citoyens du Danemark, presque 67%, ont mis fin à l'exemption qui les dispensait de contribuer à la politique de sécurité et de Défense commune (PSCD) de l'Union européenne. Il s'agira donc de la fin d'un régime d'exception qui durait depuis plus de 30 ans, à la suite du rejet massif du traité de Maastricht, en 1992. « Le Danemark a envoyé un signal important à nos alliés en Europe et l'Otan » a déclaré la Première ministre social-démocrate Mette Frederiksen. Elle était parvenue à un accord en mars dernier avec cinq partis de droite et de gauche pour mettre sur pied ce référendum, ainsi que pour augmenter les dépenses de Défense de 1,4% à 2% du PIB d'ici à 2033. Ursula von der Leyen, la Présidente de la Commission européenne, a quant à elle, salué le message fort d'engagement envers la sécurité commune envoyé par le peuple danois. Les Echos du 2 juin

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