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India OKs $3.7Bn Defense Procurement Package

India OKs $3.7Bn Defense Procurement Package

The Defence Acquisition Council (DAC) meeting under the chairmanship of Raksha Mantri Shri Rajnath Singh, was held on July 26, 2022. Acceptance of Necessity (AoN) for Capital Acquisition Proposals of the Armed Forces amounting to Rs 28,732 crore were accorded by the DAC in this meeting under Buy (In…
Eutelsat Shares Drop 30% After OneWeb Merger Announcement

Eutelsat Shares Drop 30% After OneWeb Merger Announcement

PARIS / LONDON — Eutelsat’s chief executive Eva Berneke was on Tuesday battling to convince shareholders in the French satellite group of the case for combining with UK start-up OneWeb, admitting that the merger marked a “big change” for a company prized for its dividends.

Shares in Paris-liste…

Polish Armaments Agency Details South Korean Arms Deals

Polish Armaments Agency Details South Korean Arms Deals

On July 27 this year in Warsaw, with the participation of the Vice-President of the Council of Ministers and Minister of National Defense, Mr. Mariusz Błaszczak, framework agreements were concluded related to the acquisition of tanks, tracked self-propelled howitzers and light combat aircraft from t…
Morgan Stanley Takeaway from Farnborough: Continued Recovery

Morgan Stanley Takeaway from Farnborough: Continued Recovery

We left Farnborough positive on the continued recovery of the aerospace industry. The airshow highlighted healthy demand for new aircraft orders in spite of recession risks. We highlight our main takeaways from the airshow below.

Healthy Demand for New Aircraft

The Farnborough Airshow h…

Navantia Delivers Second Corvette to Saudi Arabia

Navantia Delivers Second Corvette to Saudi Arabia

Navantia delivered the second of the five corvettes built for the Royal Saudi Navy Forces (RSNF) in its shipyards at the Bay of Cadiz, the construction 547, named AL-DIRIYAH, in a ceremony held at its San Fernando facilities.

Hosted by Navantia’s Chairman and CEO, Ricardo Dominguez, the ceremony …


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