October 31, 2022 | International, Aerospace
Labor shortage pinching aerospace, defense sectors
Study found 70% of companies in the aerospace and defense sector saw increased turnover in the last 12 months.
November 19, 2018 | International, Aerospace, Naval, Land, C4ISR, Security
Defence cooperation: Council launches 17 new PESCO projects
The Council adopted an updated list of projects to be undertaken under PESCO. There will be 17 new projects in addition to the initial 17 projects agreed on 11 December 2017 and formally adopted on 6 March 2018.
The projects cover areas such as training, capability development and operational readiness on land, at sea and in the air, as well as cyber-defence.
Background
On 11 December 2017, the Council adopted a decision establishing Permanent Structured Cooperation (PESCO). PESCO enables EU member states to work more closely together in the area of security and defence. This permanent framework for defence cooperation allows willing and able member states to develop jointly defence capabilities, invest in shared projects, and enhance the operational readiness and contribution of their armed forces.
The 25 member states participating in PESCO are: Austria, Belgium, Bulgaria, Czech Republic, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Poland, Portugal, Romania, Slovenia, Slovakia, Spain and Sweden.
On the same subject
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December 22, 2022 | International, Aerospace
Argentinaâs Army, Air Force to split new order of Bell Textron helos
Deliveries are to start in the second half of 2023.
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June 8, 2020 | International, Aerospace
New Zealand military buys 5 Lockheed Hercules planes for $1 billion
By: Nick Perry, The Associated Press WELLINGTON, New Zealand — New Zealand's military said Friday it will buy five Super Hercules transport planes from Lockheed Martin for $1 billion. The planes will replace the military's existing fleet of Hercules, all of which are more than 50 years old and have been involved in a series of embarrassing breakdowns over recent years. Defence Minister Ron Mark said the new planes will be used for operations in New Zealand, the South Pacific and Antarctica. “Generations of New Zealanders have grown up and grown old with the Hercules, and they know these aircraft are an essential first line of response," Mark said in a statement. He said the new planes will be able to carry a bigger payload as well as travel farther and faster than the current fleet. Three of the nation's current C-130 Hercules planes date back to 1965 and the other two to 1969. They have been upgraded over the years, but frequent breakdowns have hampered some high-profile missions. At one point last year, the entire fleet was temporarily grounded. New Zealand will take delivery of the first of the new C-130J-30 aircraft in 2024 with the full fleet operating by 2025. The price tag of 1.5 billion New Zealand dollars (nearly U.S. $1 billion) includes a flight simulator and supporting infrastructure. Lockheed Martin is based in the U.S. state of Maryland. https://www.defensenews.com/2020/06/05/new-zealand-military-buys-5-lockheed-hercules-planes-for-1-billion/