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05 Aug 15. K2 Intelligence, an industry leading investigative, compliance and cyber defense services firm, announced the opening of a new office in Geneva, Switzerland. This move expands the firm’s growing global network that includes headquarters in New York and offices in London, Madrid and Tel Aviv. K2 Intelligence was founded in 2009 by Jeremy M. Kroll and Jules B. Kroll, who is considered to be the originator of the modern corporate investigations industry. K2 Intelligence not only helps clients address problems and complex situations, but helps clients manage risk – whether that risk be investment, financial, regulatory, acquisition, new market entry, cyber, or reputational in nature – gathering intelligence to enhance critical decisions.
The Geneva office will be managed by Charles Carr, K2 Intelligence Executive Managing Director and Regional Head EMEA, and will be staffed by Frederic Maendly and Stephanie Hafner, who will work closely with the firm’s team in London and the global network. The office will provide both local and global support for its clients including law firms, banks, NGOs, and multinational corporations.
02 Sep 15. Airbus Enlarges A400M Facilities in Spain. Airbus Defence and Space has increased its facilities for the A400M military transport plane in Seville after renting a new hangar to update and maintain aircraft in service. A French Air Force A400M is already being modernized there. The new hangar, owned by Greenmark S.L., is located next to the A400M final assembly line in Seville and has 6,000 square meters of working area. Airbus DS will have an extra 11,000 square meters handed over by the Spanish Air Force. The agreement is valid until 2022, the European manufacturer reported. This announcement comes four months after the crash of an Airbus A400M during a test flight in Seville, killing four of the six people on board and seriously injuring the other two. The production plan for this year is under review following that accident. However, Airbus DS is still targeting at least 13 aircraft in 2015. The UK Royal Air Force will be the next client to receive an A400M. Five national air forces include the aircraft in their fleets: France (6), United Kingdom (2), Turkey (2), Germany (1) and Malaysia (1). The first A400M was delivered in 2013. A total of 174 have been ordered since, but the company has been having difficulties meeting its delivery schedule, prompting Airbus to shake up its management program in January. Airbus DS is moving the headquarters of the A400M program from Toulouse, France, to Seville, a change that will involve the arrival of 100 extra engineers in Seville. (Source: Defense News)
02 Sep 15. Raytheon (NYSE: RTN) will speed up growth of its Colorado Springs presence after signing a $700m multi-year indefinite-delivery/indefinite-quantity contract to support operations at NORAD’s Cheyenne Mountain Complex. Under the NORAD Integrated Space Support Contract (NISSC), Raytheon will provide 24/7 support to warning and attack assessment systems for air, missile and space threats. The contract was initially awarded to Raytheon in April 2015; however, protest activity delayed its execution. The Government Accountability Office denied the most recent protest on August 25.
Raytheon has recently taken steps to ensure a successful transition of the contract, holding recruiting events in Colorado Springs and other locations and acquiring additional office space. The company plans to hire up to 700 employees in Colorado Springs by the end of 2016. Recruiting day events are planned for the coming weeks, and construction on new office space will be quick