“Capital follows confidence” as defence courts private money
Outside investment and the direction in which venture money flows may reveal what defence will buy years before formal programmes begin.
airBaltic reports that it carried 186,512 passengers in February 2010, an increase of 27% compared with the same month in 2009, when it transported 147,425 passengers.
At its home base in Riga, airBaltics’s passenger numbers increased by 33% in February compared to the same period last year.
During the first two months of 2010, a total of 385,597 passengers were carried by the airline, up 29% on the first two months of 2009, when the total number of passengers was 324,622.
The airline’s load factor in February 2010 was 61%, down 1 percentage point from February 2009.
Despite bad weather conditions and transport-related strikes across Europe in February, airBaltic‘s 15-minute flight punctuality level was 86.6%.
Outside investment and the direction in which venture money flows may reveal what defence will buy years before formal programmes begin.
The Department of National Defence expects initial contracts to deliver thousands of uncrewed systems, but has yet to establish the quantities, capability mix or deadline behind Ottawa’s promised tenfold expansion.
The company told Shephard that Ukraine is operating modified Protector weapon stations originally supplied for armoured vehicles, with human operators authorising engagements from hundreds of kilometres away.
A report from the Council on Geostrategy argues the UK should move away from a traditional balanced force and shift investment to naval, air and space capabilities, backed by a larger fleet of attack submarines and deeper AUKUS integration.
At its technology summit in London, attended by Shephard, Thales UK examined the importance of speed to delivery, the growing focus on cross-domain capabilities and how procurement reform could be crucial for future battlefield advantage.
Are all systems ready for the next mission? Have upgrades been applied? Are all assets aligned to deploy together, on time and fully prepared? In modern defence operations, readiness is no longer measured platform by platform. It is measured by how well people, assets, data and decisions move together — across land, sea and air.