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Germany Extends Arms Embargo on Saudi Arabia for Another Year

Germany Extends Arms Embargo on Saudi Arabia for Another Year

The German government has extended the arms export ban for Saudi Arabia by a year until the end of 2021, Suddeutsche Zeitung (SZ) reported today quoting a government spokeswoman’s statement to the German dpa press agency. The embargo has even been tightened, as export licenses that have already been…
KMW Wins €300M to Upgrade Dutch Army Fennek AFVs

KMW Wins €300M to Upgrade Dutch Army Fennek AFVs

MUNICH / THE HAGUE — Krauss-Maffei Wegmann (KMW) and the Dutch procurement agency DMO (Defence Materiel Organisation) have signed a contract for the upgrading of 322 Fennek vehicles.

The MLU (Mid Life Update) order has a volume of over EUR 300 million and includes among others the integration …

Saab Wins $250M Swedish Order for Ground-Based Air-Defense

Saab Wins $250M Swedish Order for Ground-Based Air-Defense

The order that FMV awarded today includes new mobile radar stations and upgrading of existing radar systems. It also includes new command systems and integration of both new and existing air defense systems. The order value is approximately SEK 2.1 billion and the contract is valid for 2020-2025.

Virgin Australia Halves Boeing 737 MAX Order, Delays Deliveries

Virgin Australia Halves Boeing 737 MAX Order, Delays Deliveries

Virgin Australia Group has announced it has reached an agreement with Boeing to restructure its B737 MAX order and delivery schedule.

The restructured order book now consists of 25 B737 MAX 10 aircraft which are scheduled for delivery from mid-2023, providing greater efficiencies to the airline a…


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