The new testbeds accelerate the development and deployment of next-generation digital twin technologies across industries.

SINGAPORE—The Royal Malaysian Air Force (RMAF) is looking to fast-track its multirole combat aircraft (MRCA) program after plans to acquire ex-Kuwaiti Boeing F/A-18 Hornets are expected to face delays ...

The Digital Twin Consortium (DTC) announced the addition of four new testbeds to its Digital Twin Testbed Program, marking a step forward in digital twins–from traditional to intelligent to generative ...

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An earlier version of this article contained an incorrect spelling for Fibrebond Corp. in its sub-headline. Eaton Corp. is making its third and largest acquisition this year to boost its product ...

Prada said on Tuesday it had completed the acquisition of Versace, a brand the Italian luxury group said it had long coveted. Prada signed a definitive agreement in April to buy Versace from US-based ...

The Navy said late Tuesday it plans to cancel the bulk of the $22 billion Constellation-class guided-missile frigate program dogged by delays and cost overruns. Navy Secretary John Phelan announced ...

A $2.3 billion Navy contract is intended to speed up the purchase and construction of five of the service’s newest class of ballistic missile submarines, a program plagued by cost overruns and delays.

Army streamlines bureaucracy, realigns acquisition offices, and empowers leaders to accelerate delivery of cutting-edge technologies to the joint force WASHINGTON – The U.S. Army is undertaking a ...

Permian Resources employs a unique bolt-on acquisition strategy. PR's disciplined acquisitions in New Mexico strengthen its core position. Material progress was made toward investment-grade status.

FORT MCNAIR—Move faster and invest more, Defense Secretary Pete Hegseth told hundreds of defense-industry executives on Friday—or we just might make you. Hegseth, who spoke for more than an hour to a ...