, No 19, Monday 03rd October, 2016

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MAIN HEADLINES FROM THIS ISSUE:

  • Israel prepares for changed IC environment after new aid agreement blocks local purchases – penalties fixed at 2 percent

    Israel is facing significant changes to its industrial cooperation with the U.S. following an agreement on military aid. The agreement increases aid but requires Israel to use all of the aid to purchase American-made products. ….but the larger budget may mean bigger offsets.

  • BAE Systems Hagglunds agrees IC with Denmark, discusses tech transfer

    BAE Systems Hagglunds has signed an agreement with the Danish government to provide systems integration, capability upgrades and support for long-term sustainment of its fleet of 44 CV90 Infantry Fighting Vehicles. The contract includes comprehensive industrial cooperation between BAE Systems and industrial partners in Denmark.

  • Denel and China’s Poly Technologies team up to build ships

    South Africa’s Denel has agreed to a strategic alliance with Poly Technologies, part of China’s Poly Defence group. Poly Technologies intends to take a stake in the Simons Town shipyard and join Denel in constructing three naval vessels.

  • Russia seeks foothold in South Africa

    The Russian Federal Service for Military-Technical Cooperation (FSVTS) has offered to engage in joint defence industrial research with South Africa. It is the first time Russia has made such an approach to the country. Deputy Director Anatoly Punchuk told journalists that an assessment of the technologies that could be transferred is already under way.

  • Airbus Helicopters invests in Romania

    Airbus Helicopters has opened a factory at Ghimbav in central Romania to manufacture the twin-engine H215 helicopter. The investment cost €52m.

AND LOT'S MORE...

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