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Argentina to Establish National Fund for Military Modernization

Argentina to Establish National Fund for Military Modernization

The Minister of Defense, Agustín Rossi, considered that it is “a historical event,” when celebrating tonight the approval by the Senate of the law that established the creation of the National Defense Fund (FONDEF), intended to finance the re-equipment of the Armed Forces.

“It is a specific fund …

Rolls-Royce Continues to Look for Funding Options

Rolls-Royce Continues to Look for Funding Options

Rolls-Royce notes the recent media speculation and, as we said at the half year results last month, we continue to review a range of funding options to further strengthen our balance sheet. These could include debt and equity but no final decisions have been taken.

We have already taken swift act…

Esper Describes Steps to Maintaining Future Maritime Superiority

Esper Describes Steps to Maintaining Future Maritime Superiority

In this era of great power competition, the Defense Department has prioritized China, then Russia as its top strategic competitors, the defense secretary said.

“These revisionist powers are using predatory economics, political subversion and military force in an attempt to shift the balance of po…

Australia’s New $45Bn Frigates Face Two-Year Delay

Australia’s New $45Bn Frigates Face Two-Year Delay

Australia’s $45 billion frigate program could be delayed for up to two years, with top-level naval shipbuilding experts advising the Morrison government there has been schedule “slippage” with the project.

The delay risks triggering another so-called “valley of death” for Adelaide’s shipbuilding …


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