‘Bleeding cash’: UK investment plan delay hurting key suppliers, industry groups warn
"We have got SMEs [Small to Medium Enterprises] that have had to exit the sector," Samira Braund, defence director at trade body ADS, told British lawmakers.
"We have got SMEs [Small to Medium Enterprises] that have had to exit the sector," Samira Braund, defence director at trade body ADS, told British lawmakers.
Despite the absence of customers, the companies are hoping that the demonstration could tempt European air forces looking for cUAS solutions that can reduce reliance on crewed aircraft.
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Amid an intense row between Airbus and Dassault over New Generation Fighter leadership and workshare, it remains to be seen how a compromise could unfold.
Leonardo said “available cash resources” will finance the acquisition, which is also planned to leverage “the complementary nature of the two companies’ sales networks."
This week on The Weekly Break Out, a journey to Iceland and face time with Swedish pilots flying there.
The date could signal a turning point in America’s relationship with the NATO alliance.
The “tense security situation underpins the promising position of the Group," said the European prime.
Deployment comes after Reykjavík adopted Iceland’s first-ever defense strategy in 70 years of NATO history.
By deciding against a request to secure funding for all 36 jets and move ahead with a reduced buy, the Swiss Federal Council accepted that “negative consequences” are to come.
Analysts noted that after decades of underinvestment, Berlin is flipping the script by moving ahead with a seismic increase in defense spending, set to hit a high mark in 2029 of €150 billion a year.
Government can’t stop to update systems, so modernization has to happen without interruptions.
The new AW149 fleet is desperately needed to plug a rotary capability gap left by retirement of the Puma HC2 fleet in March 2025.
Separately, state-owned Havelsan announced the commissioning of an armed unmanned surface vessel, dubbed Sancar, on Tuesday.
A recent study co-sponsored by NATO's Innovation Fund found that investment in European "Defence, Security and Resilience" startups increases by 55 percent in 2025.
"A company cannot work with East and West. You have to make strategic decisions. And the decision has been made within SCOPA. We're working with NATO countries," company executive Walid Abu Khaled told Breaking Defense.