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Air Force;Army

BAE Systems secures $180 million Sweden contract for TRIDON Mk2 mobile air defense systems

The Swedish Defence Materiel Administration has awarded BAE Systems a $180 million contract for the TRIDON Mk2, a mobile 40mm anti-aircraft system. The deal aims to fill critical gaps in modern air defense by providing a versatile platform capable of intercepting drones, cruise missiles, and armored ground units.

Sweden | 1 week ago

Waste & Recycling

EIB backs Stockholm’s SEK 19.5bn wastewater overhaul with €470m loan

The European Investment Bank (EIB) has committed €470 million to Stockholm’s comprehensive wastewater system upgrade, a project aimed at reducing Baltic Sea nitrogen discharge by 40% and securing the city’s drinking water supply. The financing supports the consolidation of treatment facilities by 2031.

3 weeks ago • Sweden

Renewable Energy

Swedish nuclear group expands into project development with strategic acquisition

Studsvik AB has acquired nuclear project developer Kärnfull Next AB to extend its capabilities beyond servicing existing reactors into newbuild project development. The move positions the combined entity to address growing demand for nuclear capacity in Europe's energy transition.

1 month ago • Sweden

Latest News

Energy & Power | 2 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.