Kraken raises $175 million to expand uncrewed surface vessel development and global manufacturing
British-founded maritime defence company Kraken Technology Group has closed a $175 million Series B funding round at a $1 billion valuation.
Bundestag Budget Committee approves procurement of four MEKO A-200 DEU frigates for the German Navy
The MEKO A-200 DEU is intended to strengthen the German Navy’s capabilities, particularly in anti-submarine warfare.
Sweden begins mid-life upgrade of first Visby-class corvette to add CAMM air defence missiles
Swedish corvette HMS Härnösand has left the Swedish Navy’s Berga naval base for Saab’s shipyard in Karlskrona, where it will undergo a mid-life upgrade.
USS Gerald R. Ford enters planned maintenance as Norfolk shipyard begins work on Navy’s newest carrier class
Norfolk Naval Shipyard welcomed USS Gerald R. Ford on July 7 ahead of the aircraft carrier’s Planned Incremental Availability.
FORCIT signs naval mine agreement as Finnish-led NMC project moves to main contract phase for joint European procurement
The Finnish-led Naval Mines Cooperation project has moved to the main contract phase for the joint procurement of naval mines.
U.S. Navy and NATO allies complete FLEETEX 250 with Spanish-led Atlantic task force in major transatlantic security exercise
U.S. Navy and NATO forces have completed Fleet Exercise 250 off the U.S. East Coast, in a major maritime exercise aimed at strengthening transatlantic security and interoperability.
Denmark to buy two Boeing P-8A Poseidon maritime patrol aircraft to strengthen NATO operations in North Atlantic and Baltic regions
Denmark’s defence minister said on 7 July, during the first day of the NATO Summit in Ankara, that the government had decided to buy two Boeing P-8A Poseidon land-based maritime patrol aircraft.
Canadian Patrol Submarine Project: Prime Minister confirms Germany’s TKMS as preferred supplier
Prime Minister Mark Carney announced the decision at Canadian Forces Base Halifax, describing the Canadian Patrol Submarine Project as the largest defence procurement in Canadian history.
Canada reportedly selects German shipbuilder TKMS to build 12 new submarines for Canadian navy fleet renewal programme
The 212CD submarine has a diamond-shaped design, a length of around 74 metres and is built with non-magnetic steel.
Royal Navy takes command of NATO maritime reaction force with HMS Queen Elizabeth as flagship for 12-month high-readiness duty
The Royal Navy has taken charge of NATO’s leading high-readiness maritime force, with aircraft carrier HMS Queen Elizabeth serving as its flagship.
HII adds Halimar Shipyard to ROMULUS unmanned surface vessel production network to expand Gulf Coast manufacturing capacity
HII said Halimar Shipyard of Morgan City, Louisiana, has joined its network of strategic industrial partners supporting serial production of the ROMULUS unmanned surface vessel family.
Lockheed Martin to acquire Ultra Maritime for $3.45 billion to expand undersea and anti-submarine warfare capabilities for allied navies
Lockheed Martin said it has signed a definitive agreement to acquire Ultra Maritime, a global defense company specializing in advanced undersea warfare and anti-submarine warfare capabilities.