New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
Aer Lingus has disclosed to cabin crew representatives measures to achieve the cost savings laid out in its cost reduction programme which was announced in October 2009.
The cabin crew representatives were informed of five major elements to the cost-sutting programme involving: targeted compulsory redundancies at statutory minimum levels, including the de-layering of the cabin crew organisation; new working conditions to achieve increased productivity; transition to a new pay scale including reduced salaries; a reduction in variable pay; and implementation of new Aer Lingus principles of employment.
Full implementation of these measures is expected to lead to approximately 230 fewer cabin crew jobs and all remaining cabin crew will transition onto new contracts of employment.
The airline added that further announcements may be made as appropriate.
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
The Australian Budget was marked by tax cuts and a looming general election which led to little hope that there would be a substantial defence boost even with a big bill for nuclear submarines due.
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
US services have already conducted multiple tests with military maritime systems fitted with the system.
Europe’s Organisation for Joint Armament Cooperation (OCCAR) “has to establish itself…as a centre of excellence for cooperative Defence Equipment Programmes” in the face of growing threats and the need for rearmament, according to the organisation’s chairman.