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Airbus Investors Sue for €300M Over Bribery Scandal

Airbus Investors Sue for €300M Over Bribery Scandal

Airbus SE is facing a 300 million euro ($340 million) lawsuit from a group of investors over allegations it failed to properly disclose a sprawling corruption scandal and subsequent settlement.

The lawsuit, filed in the Netherlands, was served against the French aircraft maker, its auditors as we…

Norwegian F-35s Take Over QRA Mission from F-16s

Norwegian F-35s Take Over QRA Mission from F-16s

Thursday 6 January 2022 was a historic day for the Royal Norwegian Air Force. On this day, Norway’s new F-35s officially took over the QRA mission, ending the F-16 fleet’s 42 year-long mission serving Norway and NATO.

The formal transfer of authority from F-16 to F-35 took place at Evenes Air Bas…

Philippines to Receive 20 New Israeli Light Tanks

Philippines to Receive 20 New Israeli Light Tanks

MANILA — The Philippine Army (PA) is expected to receive 20 new Israeli defense manufacturer Elbit Systems Land Sabrah ASCOD (tracked) light tanks which are expected to greatly enhance its armor capabilities.

In a message Thursday night, Col. Xerxes Trinidad, PA spokesperson, said these armored…

Pakistan Cancels Turkish Chopper Deal Amid US License Deadlock

Pakistan Cancels Turkish Chopper Deal Amid US License Deadlock

ISTANBUL — Pakistan has reportedly ditched a $1.5 billion deal to acquire a total of 30 attack helicopters from Turkey due to a U.S. embargo on the choppers’ engines, opting for Chinese-made aircraft instead.

The related statement was made by Maj. Gen. Babar Iftikhar, director general of Inter-…


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