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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…

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…
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…
Norway to Sell ‘Limited Number’ of F-16s to Private Firm

Norway to Sell ‘Limited Number’ of F-16s to Private Firm

The Norwegian Defence Materiel Agency has signed a contract with US company Draken International to sell up to 12 F-16 combat aircraft. The aircraft will be used as part of Draken’s training services in the United States.

For decades the F-16s have been the backbone of the Royal Norwegian Air For…

Dutch MoD: Cause of NH90 Crash Cannot Be Determined

Dutch MoD: Cause of NH90 Crash Cannot Be Determined

It is not possible to conclusively determine the cause of the fatal accident involving an NH90 helicopter on 19 July last year: This is the conclusion of the Defense Security Inspectorate (IVD). Lt Commander Christine Martens and Lt Commander Erwin Warnies were killed in the crash in the Caribbean. …

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