At the ongoing Euronaval, CEOs of four companies - Naviris, Fincantieri, Naval Group and Navantia - signed a preliminary consortium agreement for the Modular and Multirole Patrol Corvette (MMPC).
In July this year, the European Commission had selected the proposal submitted by the consortium for the proposed vessel. The consortium’s proposal is expected to maximize synergies and collaboration among European shipbuilding industrials.
The new ship that will be developed jointly, the European Patrol Corvette, is expected to be smart, innovative, affordable, sustainable, interoperable, and flexible. The vessel is designed to meet a wide range of future missions in a continuously evolving global context. The program is expected to strongly contribute to the European sovereignty in the naval domain, by strengthening the European industry, increasing cooperation, efficiency and lowering duplication in defense spending.
The main objective of the agreement will be to develop the initial design of the vessel, and to maximize innovations, synergies and collaboration among European shipbuilding industry through the participation of four countries - Italy, France, Spain and Greece - under the banner of the PESCO (Permanent Structured Cooperation) project. Six countries - Italy, France, Spain, Greece, Denmark and Norway - are co-funding the project. As many as 40 companies will supply maritime systems for the project, with the equipment being sourced from 12 EU countries.
Airbus Helicopters secured 455 gross orders (450 net) in 2024, demonstrating robust market growth with notable demand for its light,…
Piaggio Aerospace, encompassing Piaggio Aero Industries and Piaggio Aviation, has signed a preliminary contract to transfer its business complexes to…
Calian Group Ltd. has announced the appointment of Major-General (Ret.) Roch Pelletier to the newly established position of Regional Vice…
Airnguru, a provider of airline fare management and pricing optimisation solutions, has announced significant financial progress and growth milestones. The…
AMMROC, a UAE-based provider of military maintenance, repair, and overhaul (MRO) services, has signed a Memorandum of Understanding (MoU) with…
The Israel Ministry of Defense (IMOD has signed a contract worth about $80 million with Elbit Systems for the development…
As part of the Italy-Saudi Arabia institutional round table, ELT Group has signed Memoranda of Understanding (MoU) with SAMI Advanced…
Leonardo, Saudi Arabia's Ministry of Investment (MISA), and General Authority for Military Industries (GAMI) have signed a Memorandum of Understanding…
Airbus delivered 766 commercial aircraft to 86 customers around the world in 2024. The commercial aircraft business registered 878 gross…
The Royal Malaysian Air Force (RMAF) has concluded the Service Life Extension Programme (SLEP) for its fleet of Sukhoi Su-30MKM…
Kongsberg Maritime has secured a contract to deliver propulsion and manoeuvring systems for two new KCR-70 Fast Attack Craft (FAC)…
Representatives from KNDS Deutschland, KNDS France, Rheinmetall Landsysteme, and Thales gathered in Paris to formalise the creation of the "MGCS…
ST Engineering's Commercial Aerospace business has signed a five-year CFM LEAP engine maintenance, repair and overhaul (MRO) contract with new…
Embraer is working with Florida Power & Light Company (FPL) to expand the use of renewable energy at its U.S.…
The use of the combat-proven Rafael Spyder air defence system in the ongoing war in Israel has created interest in…
The delivery of Elbit Systems PULS artillery systems and the company's Hermes -900 UAV to Serbia is expected to begin…
Indonesian private defence firm PT Sentra Surya Ekajaya (PT SSE) has introduced a new version of its P2 Tiger 4×4…
Schiebel has been awarded a new multi-year contract by the European Maritime Safety Agency (EMSA) to provide services using the…
BlackSky Technology Inc. has shipped its first Gen-3 satellite to launch provider Rocket Lab. The satellite is scheduled to be…
SITA and Cathay Pacific have entered a new agreement aimed at significantly boosting network bandwidth at Cathay Pacific’s airports. The…
Lockheed Martin has been awarded a $270 million contract by the U.S. Air Force to integrate next-generation infrared defensive sensors…
Malaysia Airlines, in collaboration with Mercedes-Benz Malaysia (MBM), has launched a Private Terminal Transfer Service aimed at providing seamless and…
Fly Jaya, a new entrant in Indonesia’s aviation industry operated by PT Surya Mataram Nusantara, is set to launch domestic…
The first Austrian Airlines Boeing 777-200ER equipped with AeroSHARK surface technology has successfully completed its maiden flight. The long-haul aircraft…
Vietnam and South Korea are reportedly finalising an agreement for the acquisition of 20 K-9 Thunder self-propelled howitzers (SPH) for…
The Royal Thai Air Force (RTAF) is anticipating the final delivery of three AT-6TH Wolverine light attack aircraft by April…
Ukraine's largest airline, SkyUp Airlines, has successfully transitioned to IBS Software's iFly Res Passenger Services System (PSS) to support the…
Experia Events has announced the confirmed exhibitors for the inaugural Business Aviation Asia Forum and Expo (BAAFEx), which will take…
Aonic, a Malaysian drone service provider and manufacturer, has been awarded the Unmanned Aerial Work Certificate (UAWC) by the Civil…
Eve Air Mobility (Eve) has partnered with JetSetGo, a private aircraft charter and fractional ownership company based in New Delhi,…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2025 GBP all rights reserved.