January 15, 2019 | International, Aerospace
WARSAW, Poland — The Croatian government has canceled its decision to purchase used F-16C/D Barak fighters from Israel, the Defence Ministry said in a Jan. 14 statement.
The move follows a recommendation by the Croatian Defence Council that authorities relaunch the procurement step of its fighter jet acquisition program, set up to replace the country's outdated Mikoyan MiG-21 fighters. The council is comprised of President Kolinda Grabar-Kitarovic, Prime Minister Andrej Plenkovic, and a number of senior government, parliamentary and military officials.
After a thorough analysis of the canceled procurement, Plenkovic's cabinet will “define a new model” of acquiring fighter jets for the Croatian Air Force, the prime minister said.
Prior to the cancellation, Croatian Defence Minister Damir Krstičević said in a statement that “Israel has ... unfortunately officially informed the Ministry of Defence that it is unable to receive the adequate [third-party transfer] approval for the delivery of Israeli F-16 Barak aircraft to the Republic of Croatia.”
Earlier this month, the Croatian government said it had given “Israel a deadline on its capability to deliver the aircraft offered at the international tender” and that Israel was “responsible for obtaining the approval from the United States for the supply of the aircraft.”
Croatian officials have told local media the U.S. government accused its Israeli counterpart of unfair competition in the tender, in which the U.S. had offered Croatia secondhand F-16s. Other bidders included Greece, which offered used F-16s, and Sweden, which offered JAS 39 Gripen fighters.
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July 22, 2020 | International, Naval
July 16, 2020 - Singapore Technologies Engineering Ltd (ST Engineering) today announced that its land systems arm has signed an agreement with Israel Aerospace Industries Ltd (IAI) to set up a joint venture company (JV) in Singapore. ST Engineering and IAI shall each hold a 50% share of the JV. The JV, named Proteus Advanced Systems Pte Ltd, will leverage the strengths and track record of its parent companies to market and sell advanced naval missile systems, including a next generation anti-ship missile system. The setup of this JV is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year. ST Engineering is a global technology, defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors. The Group employs about 22,000 people across offices in Asia, the Americas, Europe and the Middle East, serving customers in the defence, government and commercial segments in more than 100 countries. With more than 500 smart city projects across 70 cities in its track record, the Group continues to help transform cities through its suite of Smart Mobility, Smart Security and Smart Environment solutions. Headquartered in Singapore, ST Engineering reported revenue of $6.7b in FY2018 and it ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore, SGX ESG Transparency Index and SGX ESG Leaders Index. For more information, visit stengg.com. View source version on Israel Aerospace Industries Ltd (IAI): https://www.iai.co.il/st-engineering-and-iai-advanced-naval-missile-systems