Turkey’s Hurriyet news reported that Merrill Lynch has refused to broker Turkish defense contractor Aselsan’s second public offering due to Turkey’s plans to buy missiles from China.
Continue reading “Merrill Lynch refused to handle Turkish firm’s share offer due to plans to buy Chinese missiles”
Category: Industry
Spain keen to replace KC-707 with MRTT
The Spanish air force hopes that it will have funds from 2016 to start the process of replacing the aging KC-707 with the A330-200 multi-role tanker-transports (MRTTs).
[thumb]http://www.aviationweek.com/Article.aspx?id=/article-xml/awx_12_03_2013_p0-642321.xml[/thumb]
First flight of Jordanian CN235 gunship
The first flight test of a Jordanian CN235 that was converted into a gunship by ATK has been carried out.
[thumb]http://atk.mediaroom.com/2013-12-04-ATK-Completes-First-Flight-Test-of-its-Light-Gunship-for-Kingdom-of-Jordan[/thumb]
Philippines purchase of KAI FA-50 hits roadblock
Negotiations between Philippines and South Korea over the sale of 12 FA-50 jets have stalled over down payment and spare parts delivery schedule.
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German auditors scrutinize NH90 deal
Germany’s federal auditors have turn their attention into a deal to buy NH90 helicopters after discovering that only three percent savings were obtained after reducing the buy from 202 to 157 helicopters.
[thumb]http://www.defensenews.com/article/20131201/DEFREG01/312010006/Report-German-Helicopter-Deal-Examined-By-Federal-Auditors[/thumb]