“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.
Wizz Air is to expand its fleet in Romania and introduce new flights.
From 26 June, Wizz Air will base a fourth aircraft in Bucharest and launch new flights to Cuneo/Turin, Weeze/Dusseldorf and Zaragoza. The new aircraft will become the eighth Wizz Air Airbus A320 in Romania and will also allow Wizz Air to increase frequencies on its Barcelona, London Luton and Venice Treviso routes.
In addition Wizz Air will launch two new routes from Cluj-Napoca: to Weeze/Dusseldorf and Zaragoza.
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.