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June 18, 2024 | International, Land

Dutchman Mark Rutte, longtime Putin critic, set to lead NATO alliance

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  • F-16s arrive at Eglin to be modified with self-flying tech

    April 2, 2024 | International, Aerospace

    F-16s arrive at Eglin to be modified with self-flying tech

    The Air Force hopes its Venom experiments will allow it to more quickly develop self-flying drone wingmen known as CCAs.

  • France confirms Fincantieri-STX shipyard deal, cautious on defense merger

    August 1, 2018 | International, Naval

    France confirms Fincantieri-STX shipyard deal, cautious on defense merger

    ROME (Reuters) - The French government continues to support Italian shipbuilder Fincantieri's (FCT.MI) takeover of STX France, finance minister Bruno Le Maire said on Wednesday, but cautioned against hastening a related defense naval merger. Speaking in Rome after a meeting with the Italian government, he told journalists France had not changed its position on the deal, quelling concerns the takeover could be hampered by tenser relations between Paris and Italy's new anti-establishment government. However, he warned against hastening a merger between Fincantieri and French military shipyards operator Naval Group which has been seen as a possible follow-up to the takeover of STX. “It would not be wise” to discuss a defense merger now, Le Maire told reporters, stressing that this was not part of the deal reached in 2017. Under the terms of that agreement between France and Italy, Fincantieri bought a 50 percent share in STX, but it took effective control of the French shipyards thanks to a 12-year loan of a 1 percent stake by the French state, which is subject to review clauses. Relations between France and Italy have soured in recent weeks over spats on migrants and after the Italian government raised doubts on the TAV French-Italian rail link project which would connect Lyon and Turin. Le Maire said after his meeting on Wednesday with Italian Deputy Prime Minister Luigi Di Maio that Paris was still waiting for Italy's position on the project. https://www.reuters.com/article/us-stx-m-a-fincantieri-lemaire/frances-le-maire-confirms-backing-to-fincantieri-stx-shipyard-deal-idUSKBN1KM4E8

  • Contracts for November 18, 2021

    November 19, 2021 | International, Aerospace, Naval, Land, C4ISR, Security

    Contracts for November 18, 2021

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