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.
Nigerian carrier Afrijet Airlines and ATR have signed a contract for the airline to purchase four ATR 72-500 aircraft. The deal is valued $80 million, and follows a HoA (Heads of Agreement) announced in the first week of June.
With the signature for these 68-seat aircraft, Afrijet becomes a new ATR customer and the third to operate ATRs in Nigeria. These PW 127M-powered 72-500s will feature ATR’s Elegance Cabin and inflight entertainment.
The contract was signed by Stéphane Mayer, ATR CEO (left in pic) and Capt William Berry Noelle, managing director of Afrijet (right in pic), and witnessed by Babatunde Omotoba, the Nigerian Minister of Aviation (centre).
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.