Yearly Archive: 2022

Swiss May Enshrine Arms Offsets in Fundamental Law

Swiss May Enshrine Arms Offsets in Fundamental Law

BERN — The Federal Council wants to enshrine in law the fundamental principles concerning the way in which Switzerland handles offsets in the context of armament acquisitions. During its meeting on December 2, 2022, it instructed the Ministry of Defense (DDPS) to draw up a project which will be pu…
Pratt & Whitney to Close Israeli Plant with 900 Layoffs

Pratt & Whitney to Close Israeli Plant with 900 Layoffs

US jet engine maker Pratt & Whitney is preparing to close down its operations at the Blades Technology Industry (BTI) plant in Nahariya. This morning the company’s CEO sent a letter to employees explaining that, “for a long time the factory has been sustaining major losses that are only growing.”
AvioBlog - Tutte le ultime notizie aeronautiche civili e militari