MARITIME
The United Kingdom and Norway have formalised a major new defence agreement to enhance security in the North Atlantic and counter increasing Russian undersea activity. Announced on 4th December 2025, the Lunna House Agreement establishes a framework for the Royal Navy and the Royal Norwegian Navy to operate a combined ...
The United Nations Development Programme (UNDP) has initiated a global innovation challenge aimed at discovering new technologies for the detection and mapping of underwater unexploded ordnance (UXO). This initiative presents a significant opportunity for technology and engineering firms within the defence supply chain to adapt and apply their expertise to ...
Fairbanks Morse Defense (FMD), a US-based portfolio company of Arcline Investment Management, has announced its entry into a definitive agreement to acquire Truflo Marine from the British engineering group IMI plc. The acquisition, announced on 24 November 2025, will see the Birmingham-based naval valve specialist integrated into FMD’s global operations. ...
The United Kingdom and Indonesia have established a new Maritime Partnership Programme (MPP) valued at approximately £4 billion, a move set to secure 1,000 jobs within the UK defence and shipbuilding industry. The landmark agreement, led by British prime contractor Babcock, will focus on the joint development of maritime capabilities ...
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