Naval Drones and the Battle for Crimea: Ukraine’s Strategic Counteroffensive
As the war between Ukraine and Russia rages on, the Black Sea has become a hotbed for naval operations, with Ukraine pioneering the use of naval drones in its fight to reclaim the Crimean Peninsula. These drones have emerged as a potent tool in disrupting Russian naval dominance, particularly around Sevastopol, the home base of Russia’s Black Sea Fleet.Ukraine's use of unmanned naval drones marks a significant shift in naval warfare. These drones are capable of targeting large warships, as demonstrated in the October 2022 attack on Russian vessels docked in Sevastopol.
Fincantieri and EDGE to Launch JV for Naval Vessels Construction
EDGE Group, a United Arab Emirates-based advanced technology and defense group, and Fincantieri, one of the largest shipbuilders in the world, have entered into a term sheet aimed at creating a joint venture (JV) that will focus on the manufacturing of a broad range of sophisticated naval vessels.EDGE will hold a 51% stake in the venture, which has a commercial pipeline valued at approximately $32.4 billion (€30 billion), with management direction provided by Fincantieri.The Abu Dhabi-based JV will be awarded prime rights to non-NATO orders…