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Nov 28, 2017
Patria has signed an agreement with Mootor Grupp to acquire the company’s 60 percent share of Milrem LCM OÜ, the largest defence maintenance contractor in Estonia. Patria said the acquisition...
Nov 28, 2017
A South Korean opposition lawmaker has alleged that Lockheed Martin did not meet the country’s offset requirements. The $6.5bn F-X project required the offset programme to meet at least 50...
Nov 28, 2017
Hungary’s new military development programme is breathing new life into the country’s IP programme. A conference held in Budapest at the end of September heard that the government would begin...
Nov 28, 2017
Argentina has launched an international tender for a fleet of 1,500 railway cars. Up to 20 percent of the trains’ components, including windows and doors, lighting and car interiors, will...
Nov 28, 2017
A public inquiry is set to begin into Transnet’s R 50bn ($3.8bn) locomotive contract. The contract obliged China South Rail (CSR) to assemble locomotives in South Africa under a local...
Nov 28, 2017
Auto manufacturer BMW’s South Africa branch has invested a further R160m ($12m) in its manufacturing facility in Pretoria. Tim Abbott, the company’s CEO, said the company would achieve the 60...