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Telecom & Connectivity;Security & Intelligence

Northrop Grumman and 4iG to develop Hungary's first sovereign communications satellite

Northrop Grumman and 4iG Space and Defence Technologies have partnered to manufacture Hungary's inaugural national communications satellite. Utilizing the GEOStar-3 platform, the project aims to provide secure Ka-band services for regional government and commercial use, marking a critical advancement in Hungary’s independent aerospace capabilities and defense infrastructure.

Hungary | 1 week ago

Mergers & Acquisitions

LT Foods makes €25 million move into Europe’s canned food market with Global Green Europe Acquisition

LT Foods announced that it has signed an agreement to acquire Hungary-based Global Green Europe Kft. for an enterprise value of approximately €25 million, marking its foray into the European canned and processed food market.

2 months ago • Hungary;India

Latest News

Energy & Power | 3 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

Infrastructure | 3 days ago

USACE awards $113.8 million contract to J.F. Brennan for invasive carp deterrents at Brandon road project

The U.S. Army Corps of Engineers has awarded a $113.8 million contract to J.F. Brennan Company for leading-edge invasive carp deterrents as part of the Brandon Road Interbasin Project in Illinois. The award completes Increment I of the ecosystem restoration effort.

Energy & Power | 3 days ago

CoreMarine and Jumbo Offshore win contract for FLNG mooring installation in Argentina

CoreMarine and Jumbo Offshore have secured a contract from Southern Energy S.A. to transport, install, and hook up soft-yoke mooring systems for two FLNG vessels in Golfo San Matías. The project supports Argentina’s gas export expansion, with installations scheduled for 2027 and 2028.

Government & Policy | 3 days ago

NASA awards $76m data science contract to Development Seed for Marshall space flight center

NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.