“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.
Horizon Air has reported its traffic figures for December 2009 and the full calendar year.
Revenue passenger miles (RPMs) for the month totalled 211 million, a 15.1% increase on December 2008’s 183 million. Available seat miles (ASMs) increased by 10.5% to 278 million from 251 million. These figures produced a 3.1 percentage point increase in the load factor, which went up to 75.9% from 72.8 percent for the respective months. Revenue passengers carried in December numbered 594,000, compared with 532,000 in December 2008, an 11.6% increase.
For the 2009 calendar year, RPMs totalled 2,408 million, a drop of 8.6% on 2008’s figure of 2,635 million. ASMs also fell, by 9.0%, to 3,292 million from 3,617 million. The resultant annual load factor was 73.1%, a slight rise (0.2 pp) on 2008’s load factor of 72.9%.
Revenue passengers for the year fell by 8.5% to 6,759,000 from 7,390,000 in 2008.
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.