Chief Minister Shivraj Singh Chouhan has said that the holy festival of Navratri is the festival of worship of Shakti. Madhya Pradesh and Bhopal are fortunate that we have got the opportunity to worship Shakti through the military fair and arms exhibition during Navratri. I am grateful to the Prime
Leonardo Australia will provide the Australian Defence Force (ADF) with the Type 163 Laser Target Designator (LTD) under Australia's LAND 17 Phase 2 Digital Terminal Control System – Capability Assurance Program. According to Leonardo, Austr.
The Next Generation Handheld Targeting System, or NGHTS, will allow a Marine to transmit targeting information to artillery, aircraft, loitering drones, missile systems or warships waiting offshore. The system will operate even when GPS is denied or unavailable, according to the defense contractor.
26 Apr 2021 (Last Updated April 27th, 2021 03:48)
Italian aerospace firm Leonardo has agreed to buy a 25.1% stake in Germany-based defence technology company Hensoldt.
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Italian aerospace firm Leonardo has agreed to buy a 25.1% stake in Germany-based defence technology company Hensoldt.
The transaction has been agreed for a cash purchase price of around €606m ($733m).
The agreement has been signed with Square Lux Holding II, a portfolio company controlled by funds advised by KKR.
If the transaction is executed, Leonardo will become Hensoldt’s largest shareholder, alongside Kreditanstalt für Wiederaufbau (KfW).
Last month, KfW, which is 80% owned by the Federal Republic of Germany, agreed to purchase a 25.1% stake in Hensoldt.
Friday, 22 January 2021 14:23
Leonardo has signed a contract to supply the Slovenian Defence Ministry with its Type 163 Laser Target Designator (LTD) for the Slovenian Armed Forces. The contract makes Slovenia the 23rd nation to order the Type 163 LTD, more than 700 units of which have now been sold in total by Leonardo. The global success of the product reinforces Leonardo’s market leadership in the high-energy military lasers domain, with the company’s site in Edinburgh, U.K., satisfying 70% of global demand for applications on airborne platforms and around 60% of the total market, including for ground-based applications.
Leonardo Type 163 Laser Target Designator in action (Picture source: Leonardo)