Yearly Archive: 2020

Elbit to Upgrade Romanian Air Force’s IAR-99 Aircraft

Elbit to Upgrade Romanian Air Force’s IAR-99 Aircraft

HAIFA, Israel — Elbit Systems Ltd. announced today that it was awarded a contract valued at approximately $27 million from the Romanian-based company, Avioane Craiova S.A., for the first phase of the upgrade program of the Romanian Air Force’s (RoAF) IAR-99 Standard trainer aircraft.

The contr…

Estonian Navy Receives New Force Protection Vessels

Estonian Navy Receives New Force Protection Vessels

On Dec. 11, the Estonian Navy received the two force protection vessels procured this Spring within the framework of the current four-year development plan of Estonian Ministry of Defence. The two boats are built by Baltic Workboats AS, a company located in the island of Saaremaa, Estonia.

“I am …

S. Korea Ranked 10th in World Arms Exports: Report

S. Korea Ranked 10th in World Arms Exports: Report

South Korea was the 10th-largest arms exporter in the 2015-2019 period, accounting for 2.1 percent of the world’s total defense exports, an annual government report showed Monday.

According to the Global Defense Market Yearbook 2020 published by the Defense Agency for Technology and Quality, Brit…

Royal Air Force Looks to Sustainable Fuels to Power Fast Jets

Royal Air Force Looks to Sustainable Fuels to Power Fast Jets

Algae, alcohol and household waste will power RAF fighter jets under bold MOD plans to slash carbon emissions, Defence Secretary Ben Wallace announced today.

Aircraft including F-35s, Typhoons and Wildcat helicopters currently use conventional fuel, but could use up to 50 per cent sustainable sou…

Massive Type 31 Frigate Building Hall Unveiled in Rosyth

Massive Type 31 Frigate Building Hall Unveiled in Rosyth

A vast building hall for the Royal Navy’s next-generation Type 31 frigates has been unveiled in Rosyth.

A vast building hall for the Royal Navy’s Type 31 frigates has been welcomed by Defence Secretary Ben Wallace as a major milestone in building the next-generation frigates.

Type 31s, which a…

Leonardo Borrows €200M from EIB for Tech Development

Leonardo Borrows €200M from EIB for Tech Development

ROME — Leonardo and the European Investment Bank (EIB) have signed a loan agreement of 200 million euros.

The financing has the purpose of supporting the investment projects planned in the Group’s Industrial Plan against the background of the impact of the Covid-19 pandemic. This further loan b…

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