Cost of data breaches to global businesses at five-year high

Research from business insurer Hiscox shows that the cost of dealing with cyber events for businesses has more than tripled since 2018. The study, which collated data from the organisation’s previous five annual Cyber Readiness reports, has revealed that: Since 2018 the median IT budgets for cyber security more than tripled Between 2020 and 2022 […]

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January 18, 2023
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U.S. Army buys next-generation tactical vehicles

The U.S. Army has signed a deal to buy next generation Medium Tactical Vehicles (FMTV) from the Oshkosh Defense. The award, announced by the U.S. Department of Defense (DoD) on 13 January, covers contract for FMTV in A2 configuration. Oshkosh Defense h…

January 15, 2023
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British Army to get spider-like drones

Elbit Systems UK announced on Thursday that it has been awarded a contract to provide Magni-X micro-Uncrewed Aerial Systems (micro-UAS) to the UK Ministry of Defense (MOD). According to a press release from Elbit, the contract has been awarded by Defen…

January 12, 2023
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New version of F-35 jet makes its first flight

The U.S. Air Force has announced that the new configuration of the Lockheed Martin F-35 jet took to the skies for its inaugural flight.  The Air Force said in a release that a developmental test team from the 461st Flight Test Squadron conducted the fi…

January 10, 2023
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