Category: Notizie Estero

India Orders Six Pinaka MLRS Regiments in $353M Award

India Orders Six Pinaka MLRS Regiments in $353M Award

Providing further boost to the ‘Make in India’ initiative of Government of India in the Defence Sector, Acquisition Wing of Ministry of Defence (MoD) has today signed contracts with Bharat Earth Movers Ltd. (BEML), Tata Power Company Ltd. (TPCL) and Larsen & Toubro (L&T) for supply of six Pinaka Reg…
Turkey Slams Greek Troop Deployment to Kastellorizo Island

Turkey Slams Greek Troop Deployment to Kastellorizo Island

ANKARA — Turkey has lashed out at Greece for deploying troops to Meis (Kastellorizio) Island, just two kilometers away from the Turkish shores, in violation of 1947 agreements that pledge a demilitarized status to it amid ongoing tension between the two neighbors in the eastern Mediterranean.

“…

No Reset, No Bottom for GE Yet: Analyst

No Reset, No Bottom for GE Yet: Analyst

General Electric Co shares are now worth less than $5 each, analysts from J.P. Morgan said on Monday, valuing the U.S. conglomerate at less than $44 billion and predicting it is yet to reach a turning point in efforts to reboot its businesses.

The bank’s Stephen Tusa, among the bearish group of a…

AW101 SAR Helicopter Enter Norwegian Service

AW101 SAR Helicopter Enter Norwegian Service

The first of Norway’s new rescue helicopters are today put into operation at Sola rescue base outside Stavanger. The new helicopters – dubbed SAR Queen – will provide greater security for people at sea, along the coast and in remote areas across the country.

“The Sea King helicopters have been us…

South Korea Seeks Biggest Defense Budget at $44.7 Billion

South Korea Seeks Biggest Defense Budget at $44.7 Billion

The Ministry of National Defense said Tuesday that it was seeking a 5 percent increase in its budget for next year, with most of the 52.9 trillion won ($44.72 billion) total linked to personnel training and maintenance.

“We will make sure to invest in beefing up our capabilities to counter any se…

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