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Rolls-Royce Sells Spanish Unit ITP Aero for €1.7Bn

Rolls-Royce Sells Spanish Unit ITP Aero for €1.7Bn

Rolls-Royce announced today that it has signed a definitive agreement to sell 100% of ITP Aero to Bain Capital Private Equity, which is leading a consortium of investors, for approximately €1.7 billion. The consortium includes interests to be held by Spanish co-investors SAPA and JB Capital.

The …

UK Issues Long-Awaited National Space Strategy

UK Issues Long-Awaited National Space Strategy

LONDON — New plans to strengthen the UK as a world class space nation by firing up its multibillion-pound space industry have been set out in a National Space Strategy launched today.

From connecting people with their friends and family and monitoring climate to helping farmers to manage their …

India Awards $2.5Bn Contract for Airbus C295 Transport Aircraft

India Awards $2.5Bn Contract for Airbus C295 Transport Aircraft

Ministry of Defence (MoD) signed a contract with M/s Airbus Defence and Space, Spain for acquisition of 56 C-295MW transport aircraft for the Indian Air Force, on September 24, 2021.

The MoD has also signed an Offset Contract with M/s Airbus Defence and Space through which M/s Airbus will discha…


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