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.
On 1 January 2009, Matthias von Randow, the former Secretary of State at Germany's Federal Ministry for Transport, Construction and Urban Development, will join Air Berlin as director global traffic rights & political affairs. He will report directly to chief executive officer, Joachim Hunold.
In his most recent post, von Randow was responsible for all aspects of transport policy in his capacity as State Secretary. He was in charge of 600 employees in five ministerial sections and responsible for 21,500 civil servants and employees in the federal water management and shipping, air, rail and road departments. Furthermore, he was a member of the supervisory boards of Deutsche Bahn AG and Fraport AG.
Commenting on his move to industry, von Randow said, “During my ten years of political activity, I always considered mobility to be a prerequisite for the country’s economic success. I am now delighted to be working in a company where mobility is lived and delivered.”
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.