HAL is major beneficiary of latest Indian procurement approvals
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
Embraer is pleased to welcome Arkia Israeli Airlines to its E-Jets customer family. The airline will operate one Embraer 195 from Tel Aviv to major Mediterranean and European destinations. There will be no changes to Embraer's current backlog, due to this announcement, since the aircraft was previously delivered to Air Europa.
"We are very proud to have Arkia join our E-Jets family of customers and as the very first operator of an E-Jet in Israel," said Mauro Kern, Embraer Executive Vice President, Airline Market. "Arkia is a fast-growing Israeli airline. It is a pleasure to support them, and we look forward to an ever-expanding and developing relationship."
Arkia's E-195 will comfortably accommodate 122 passengers in a single-class layout, enabling the airline to offer a unique product with highly competitive trip cost performance, as against larger narrowbody jets. The aircraft will be deployed, primarily, in mid-density European scheduled and charter markets.
"For short and medium routes, the Embraer 195 is going to offer us much more advantageous costs than any conventional single-aisle aircraft, plus an exceptional level of comfort for our passengers," said Gadi Tepper, CEO of Arkia Israeli Airlines. "The introduction of this new aircraft is pivotal to our dynamic ongoing development plan."
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
Although the Pentagon claims that current systems can detect this type of threat, it has confirmed that measures will be taken in order to maintain the US's edge over its adversaries.