23 avril 2024 | International, Terrestre

South Korea, Romania pledge defence cooperation amid reports of contract in works

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  • Command team at military training centre replaced after complaints submitted to Canadian Forces

    21 septembre 2023 | International, Terrestre, Sécurité

    Command team at military training centre replaced after complaints submitted to Canadian Forces

    The command team for the centre based at CFB Borden was removed after complaints were received by the Canadian Forces.

  • Embraer and Boeing Welcome Brazilian Government Approval of Strategic Partnership

    11 janvier 2019 | International, Aérospatial

    Embraer and Boeing Welcome Brazilian Government Approval of Strategic Partnership

    SAO PAULO and CHICAGO, Jan. 10, 2019 /PRNewswire/ -- Embraer [B3: EMBR3, NYSE: ERJ] and Boeing [NYSE: BA] have welcomed approval by the Government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets. The government's approval comes after the two companies last month approved terms for the joint venture that will be made up of the commercial aircraft and services operations of Embraer. Boeing will hold an 80 percent ownership stake in the new company and Embraer will hold the remaining 20 percent. The companies have also agreed to the terms of another joint venture to promote and develop new markets for the multi-mission medium airlift KC-390. Under the terms of this proposed partnership, Embraer will own a 51 percent stake in the joint venture, with Boeing owning the remaining 49 percent. Once Embraer's Board of Directors ratifies its prior approval, the two companies will then execute definitive transaction documents. The closing of the transaction will be subject to shareholder and regulatory approvals and customary closing conditions. Assuming the approvals are received in a timely manner, the transaction is intended to close by the end of 2019. Forward-Looking Information Is Subject to Risk and Uncertainty Certain statements in this release may be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed terms of the transaction, the ability of the parties to satisfy the conditions to executing or closing the transaction and the timing thereof, and the benefits and synergies of the proposed transaction, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on current assumptions about future events that may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially from these forward-looking statements. As a result, these statements speak only as of the date they are made and neither party undertakes an obligation to update or revise any forward-looking statement, except as required by law. Specific factors that could cause actual results to differ materially from these forward-looking statements include the effect of global economic conditions, the ability of the parties to reach final agreement on a transaction, consummate such a transaction and realize anticipated synergies, and other important factors disclosed previously and from time to time in the filings of The Boeing Company and/or Embraer with the Securities and Exchange Commission. Media Contacts: Chaz Bickers Boeing Communications charles.n.bickers@boeing.com 312-544-2002 Valtecio Alencar Global Corporate Communications Embraer Valtecio.alencar@embraer.com.br 11-3040-6891 SOURCE Boeing https://boeing.mediaroom.com/2019-01-10-Embraer-and-Boeing-Welcome-Brazilian-Government-Approval-of-Strategic-Partnership

  • IAI to Provide Loitering Munitions Systems to Asian Countries in Deals Worth Over $100 Million USD

    3 février 2021 | International, Naval

    IAI to Provide Loitering Munitions Systems to Asian Countries in Deals Worth Over $100 Million USD

    February 1, 2021 - announces the signing of three significant contracts valued at over $100 million USD, in which it will supply loitering munitions systems to several countries. The contracts include winning an international tender for the sale of the multi-purpose ROTEM system to a foreign country, sale of the naval version of the HAROP system to the navy of a country in Asia and sale of the ground version of the HAROP system to another customer in Asia. Boaz Levy, IAI's President and CEO, said: “IAI is a global pioneer in developing the operational concept of a loitering munitions systems, which has ripened to a family of unique and accurate attack systems. These systems, which have added impressive achievements to the operational capability of fighting forces around the globe, constitute central and decisive attack components for advanced battlefields of the future. These contracts are further proof of the importance and confidence modern armies place in accurate munitions systems as part of their arsenal, and may be harbingers of additional business activity in this field. IAI will continue to develop and improve a range of strike systems in order to give its clients around the world a precise operational solution.” The Maritime HAROP system provides an operational solution for a range of vessels, from off-shore vessels to fighting frigates in the naval theater. In a complex naval theater, the HAROP system gives mission commanders in a fleet of ships the capability to independently and organically collect intelligence, assess targets and strike. The intelligence gathered by the HAROP is directly integrated in the vessel's control room and allows for quick, accurate and lethal decision-making. Use of the HAROP on naval platforms is an operational alternative and complementary element to using sea-sea missiles, with a wide range of uses and with optimal cost-efficiency for the navy. The maritime and land combat-proven HAROP provides an operational solution for a range of low and high-intensity conflict scenarios and for anti-terrorism activity. The HAROP is equipped with day/night cameras and has the ability to search, find and attack with maximum precision both static and moving targets, on land or at sea and at a long-range. A strike can take place from any direction and at any angle of attack. ROTEM is the first Vertical Take-Off & Landing (VTOL) Tactical Loitering Munition combat-proven and used in operations by several of the world's militaries as a small loitering device based on a drone platform and is a power multiplier for tactical forces in a range of fighting scenarios, including security operations and maneuvers. The system provides a reconnaissance, observation and attack envelope with maximum autonomous performance, integrating a simple and intuitive operation interface that can be used by a single fighter from a touchscreen tablet. The ROTEM VTOL Tactical Loitering Munition carries day/night cameras and a warhead weighing up to one kilogram and is optimally designed to carry out combined missions of intelligence gathering and attack. The system incorporates a unique safety mechanism that enables its safe return to the fighter on the ground if an attack was not carried out. The ROTEM system has proven its operational effectiveness for precise, surgical strikes against a range of different targets. The loitering munitions family developed by IAI includes the Harpy-NG – a third generation of the system homing against radiating targets, the HAROP, a second-generation of a precision electro-optical attack system, the Mini-Harpy, dual (Electro-optical day&night + Anti-Radiation seeker) tactical advanced munitions system and the tactical loitering Green-Dragon system, as well as the ROTEM VTOL Tactical Loitering Munition. IAI is a focal point of national and global technological know-how in the field of attack systems, air defense, radars, satellites, remotely operated aircraft, civilian aviation and cyber. View source version on IAI: https://www.iai.co.il/iai-to-provide-loitering-munitions-to-asian-countries-deals-worth-over-100-million-usd

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