“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 carried 7.8 million passengers in 2009 representing 33% growth year-over-year.
Last year the company opened a new base in Prague, taking its total to eleven bases in Central and Eastern Europe, and took delivery of seven new aircraft bringing the fleet to 27 Airbus A320s. The airline also launched 40 new routes, resulting in a network of 147 destinations.
“Wizz Air’s has been one of the fastest growing airlines in the world over the recent years. It will continue to be the case in 2010 when we will be opening new operating bases, launching new routes, adding more capacity and carrying over 10 million passengers,” said József Váradi, chief executive officer of Wizz Air.
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.