New Zealand says to buy five new Super Hercules aircraft

On the same subject

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  December 17, 2018 | International, Aerospace, Naval, Land, C4ISR

  Italian firm Leonardo merges 3 divisions, names Brit to head them

  By: Tom Kington ROME — Italy's Leonardo has announced a major shakeup of its management structure, which will see three of its seven divisions merged and entrusted to one of the firm's top British managers, Norman Bone. Reporting to CEO Alessandro Profumo, Bone will oversee a new Electronics Division, into which its Land & Naval Defence Electronics, Airborne & Space Systems, and Defence Systems divisions will be merged. Bone was previously the head of the Airborne & Space Systems division as well as chairman and managing director of Leonardo's U.K. operation. The Defense Systems division includes Leonardo's torpedo business, formerly known as WASS, and its cannon business, formerly known as Oto Melara. In a statement, Leonardo said the merging of the divisions was designed to “achieve suitable critical mass” in its electronics-related businesses. “This evolution will result in the organizational model being aligned with that of the main players in the market, ensuring an even more integrated development,” the firm said. Additionally, the firm's Air Traffic Control and Automation Systems businesses will be moved from the firm's Security & Information Systems Division to the new Electronics Division. The remainder of the Security & Information Systems division has been renamed the Cyber Security Division, and will be taken over on Jan. 21 by Barbara Poggiali, the firm said. Leonardo's three other divisions are Helicopters, Aircraft and Aerostructures. The shakeup is the latest stage in the consolidation of Leonardo's activities, which formerly existed as separate companies including AgustaWestland and Alenia. They were first transformed into divisions of the firm in 2016 as the company changed its name to Leonardo from Finmeccanica. https://www.defensenews.com/industry/2018/12/14/italian-firm-leonardo-merges-3-divisions-names-brit-to-head-them

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  April 22, 2024 | International, Security

  Pentera's 2024 Report Reveals Hundreds of Security Events per Week, Highlighting the Criticality of Continuous Validation

  With enterprises using 53 different security solutions, why are breaches still a frequent reality? Unpack the paradox in our latest report.

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  June 15, 2018 | International, Aerospace, Naval, Land, C4ISR

  Estonia’s new law opens door for weapons export, defense industry growth

  By: Jaroslaw Adamowski WARSAW, Poland — Estonia's Parliament has amended legislation to allow Estonian companies to make and handle military weapons and gear. The law paves the way for the development of the country's defense industry and the export of weapons and equipment by local players. Estonian Defence Minister Jüri Luik said in a statement that, to date, the Estonian military has acquired its gear almost exclusively abroad, but now the situation is expected to change, and export opportunities for the country's defense industry will also increase. “The absence of a right to handle weapons and ammunition has long been a serious concern for Estonia's defense industry, one that hinders the development of the defense sector,” Luik said. The legislation's summary states it “provides a legal framework for Estonian companies to begin to manufacture, maintain, import and export military weapons, ammunition, munitions and combat vehicles. The existing legislation does not allow this.” The ministry expects between five and six local companies to apply for the required licenses in the first year. The move comes as Estonia is planning a defense spending hike, with military expenditure to total €2.4 billion (U.S. $2.8 billion) in the next four years, according to Luik. Last April, the ministry unveiled the country's updated investment program for the years 2018-2022. Among others, Estonia aims to purchase munitions for about €100 million. Owing to the amended legislation, Estonian defense companies could also become suppliers to neighboring Lithuania and Latvia. Lithuania has allocated €873 million to its defense budget this year, up 20.6 percent compared with 2017. Latvia's military expenditure for 2018 is to reach €576.34 million, up €126.8 million compared with a year earlier. https://www.defensenews.com/industry/2018/06/14/estonias-new-law-opens-door-for-weapons-export-defense-industry-growth/