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.
ATR has received a third order in 18 months from Vietnam Airlines for ATR 72-500s, this time for two aircraft.
The airline ordered five of the type on 6 December 2007 and a further six on 12 December 2008. With today’s order and three aircraft the carrier already had, Vietnam Airlines’ fleet of ATR 72-500s will build to a total of 16. ATR actually handed over the fourth aircraft from all these orders at Le Bourget today. The remaining 12 will be delivered over the next two years.
Vietnam Airlines president and CEO, Pham Ngoc Minh, joked about how he would like more aircraft if delivery could be arranged before the end of 2010. “I could even pay cash,” he quipped.
Photo shows Vietnam Airlines president and CEO, Pham Ngoc Minh, and ATR CEO Stéphane Mayer sealing the deal.
Bernie Baldwin, editor, Low-Fare & Regional Airlines/LARAnews.net
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.