Category: Notizie Estero

International Arms Sales Continue to Grow Amid Pandemic: Report

International Arms Sales Continue to Grow Amid Pandemic: Report

STOCKHOLM — Sales of arms and military services by the industry’s 100 largest companies totalled $531 billion in 2020—an increase of 1.3 per cent in real terms compared with the previous year. This is according to new data released today by the Stockholm International Peace Research Institute (SIP…
Aerospace: Scarcity in a Consolidating Industry

Aerospace: Scarcity in a Consolidating Industry

A wave of consolidation has effectively hollowed out the A&D middle-tier. As we initiate coverage of nine Smid-Cap A&D names, we see selective opportunity. Overall, the market is underestimating the aerospace recovery. Orders for new aircraft have picked up and cancellations have waned. Our top Over…
Argentina Takes Delivery of Third Gowind-class OPV

Argentina Takes Delivery of Third Gowind-class OPV

Defense Minister Jorge Taiana led this afternoon at the Buenos Aires Naval Station the arrival ceremony of the Multipurpose Ocean Patrol (OPV) ARA “Storni” (P-53) from France. This ship, acquired with a budget item corresponding to the National Defense Fund (FONDEF), joins the force to expand survei…
Navantia Launches Fifth Corvette for Saudi Arabia

Navantia Launches Fifth Corvette for Saudi Arabia

CADIZ, Spain — The president of Navantia, Ricardo Domínguez, has recognized the work of the staff and teams and highlighted that the company as “a leader in the sector recognized internationally for its quality and technology, will be the most reliable partner for future projects.”

Navantia has…

Naval Group Launches First Gowind Corvette for UAE

Naval Group Launches First Gowind Corvette for UAE

The first Gowind corvette ordered by the United Arab Emirates (UAE) from Naval Group was launched today in presence of His Highness Sheikh Saeed bin Hamdan Al-Nahyan, Commander of the UAE Naval Forces.

In 2019, the United Arab Emirates ordered two Gowind corvettes to be built in France. The first…

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