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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…

Argentina Earmarks $664M for New Fighter Buy

Argentina Earmarks $664M for New Fighter Buy

The Ministry of Defense informs that, by means of a Public Credit Operations Authorization note, it has requested the inclusion for the 2022 Budget of the authorization to manage credit for up to USD 664 million for the acquisition of multipurpose fighter aircraft for the surveillance and control of…
France to Boost Defense Spending for Fifth Consecutive Year

France to Boost Defense Spending for Fifth Consecutive Year

The budget of the Ministry of the Armed Forces continues to grow, in accordance with the objectives of the 2019-2025 Military Programming Law (LPM).

For the fourth consecutive year, this new finance bill (PLF) calls for an increase in appropriations for the benefit of the Ministry of the Armed F…


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