UK approves TransDigm-CPI deal with national security condition

On the same subject

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  January 2, 2019 | International, Aerospace

  Israel Aerospace considering investment in drone maker Aeronautics

  JERUSALEM (Reuters) - State-owned defense contractor Israel Aerospace Industries (IAI) [ISRAI.UL] said on Tuesday it was in talks to invest in local drone maker Aeronautics (ARCS.TA). The talks were at an early stage, IAI said, and no financial details were disclosed. Meanwhile Aeronautics, which was searched on Monday by Israel Securities Authority investigators, said separately it was also talking to another unidentified group regarding the sale of its 50 percent stake in the surveillance and reconnaissance company Controp Precision Technologies. In August, Aeronautics rejected a 430 million shekel ($115 million) acquisition offer from IAI rival, state-owned Rafael Advanced Defense Systems, and businessman Avihai Stolero. Israel-based Aeronautics manufactures unmanned aerial vehicles for military surveillance and defense purposes, as well as for the commercial sector. On Monday, investigators from the market regulator searched Aeronautics' office, the company said. A court has placed a gag order on details of the investigation. It was not the first time Aeronautics has been probed by Israeli authorities. In August 2017, Aeronautics said the Defence Ministry had suspended the marketing and export license for one of the firm's attack drones to a single, significant customer in a foreign country. It denied it was at fault. Israeli media at the time reported that the ministry had opened an investigation into Aeronautics over whether during a demonstration in Azerbaijan one of its drones was used to attack a military position in the neighboring country of Armenia, and if so, who was at fault. In November that same year Israeli police said they were investigating one of the drone maker's deals but did not give details. Reporting by Ari Rabinovitch; Editing by Alison Williams https://www.reuters.com/article/us-aeronautics-ltd-m-a-il-aerospace-ind/israel-aerospace-considering-investment-in-drone-maker-aeronautics-idUSKCN1OV1JL

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  August 22, 2023 | International, Naval

  Navantia Australia awarded DDG Platform Systems Design contract

  Navantia Australia’s Managing Director, Mr Israel Lozano, said that the engagement as Platform Systems Designer is a major achievement for the company and will drive significant growth.

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  September 11, 2018 | International, Aerospace

  Secretary Wilson to lay out ‘Air Force We Need’ at AFA

  By: Stephen Losey The Air Force has a problem. The military is trying to shift its focus from wars against so-called “violent extremists” in places like Afghanistan, Iraq and Syria so it can prepare for a potential war against a major peer or near-peer nation. But the Air Force is currently too small even for the missions it's being asked to do today in the Middle East, let alone a war against China, Russia or North Korea, said Air Force Secretary Heather Wilson in an Aug. 28 interview at the Pentagon. The service is going to have to grow, she said. But the big question is where — and by how much? Wilson will attempt to answer that question Sept. 17, when she delivers her keynote address, “The Air Force We Need,” at the Air Force Association's Air Space and Cyber Conference. The secretary will lay out how many operational squadrons — such as fighter, bomber, mobility and intelligence, surveillance and reconnaissance — are needed, as well as the matching end strength, for the Air Force to project power and carry out its expected missions in the future. “The chief and I were asked in this last testimony on the Hill for the Defense Authorization Act, ‘Well, what do you need to implement the new National Defense Strategy?” Wilson said. “We should know the answer to that question. That's the work that's been going on the last six months or so.” The Air Force now has 312 operational squadrons, not including squadrons doing support activities such as finance, Wilson said. Squadrons are the basic unit of the Air Force, she said, which is why this new plan will focus on the squadron level. The Air Force intentionally didn't consider budgets as it drew up this plan over the past six months, Wilson said. Instead, it focused on what would be required to fight a major war. With that information in hand, she said, the Air Force can better articulate where it's headed — and what the potential risks might be of not funding or underfunding certain elements. Full article: https://www.airforcetimes.com/news/your-air-force/2018/09/10/wilson-to-lay-out-air-force-we-need-at-afa