Omnipol completes takeover of Aero Vodochody
Aero Vodochody on 11 June was taken over by Aero International (a subsidiary of Omnipol) as part of a JV with Hungarian businessman András Tombor.
Omnipol has been responsible for exporting almost all of Aero Vodochody’s products, and since 2015 it has been a key strategic partner in development of a next-generation variant of the L-39 aircraft.
Richard Háva, owner of Omnipol, said: ‘We will deliver all three pillars of Aero’s existing activities, namely, support for users of aircraft produced by the company, co-operation with the world’s major aerospace manufacturers and of course, the L-39NG project.’
Czech Republic-based Aero Vodochody has manufactured more than 3,000 L-39 trainer aircraft since 1968 with approximately 400 still in operation today.
Airport Vodochody has not been included in the transfer and it will remain under the control of Penta Investments, the former owner of Aero Vodochody.
As part of our promise to deliver comprehensive coverage to our Defence Insight and Premium News subscribers, our curated defence news content provides the latest industry updates, contract awards and programme milestones.
Related Equipment in Defence Insight
More from Defence Notes
-
What the future holds for Ukraine and NATO under a Trump administration
Although Trump’s geopolitics policy for Europe remains unclear, defence analysts from the US and Europe predict how his incoming administration would attempt to handle critical issues on the continent.
-
RUSI deputy: UK needs longer procurement plans and improved awareness of US sift to Indo-Pacific
The UK budget announced in Parliament on 30 October was the first by a Labour government in 14 years which has also launched a review into defence procurement programmes.
-
Australia outlines longer punch and brings local industry onboard
The Australian government has placed a focus on Guided Weapons and Explosive Ordnance (GWEO) which has included the purchase of additional long-range rocket systems and investments in local production of missiles.
-
UK boosts defence budget by 5.3%, but is this enough?
The UK budget announced in Parliament on 30 October is the first by a Labour government in 14 years. While it sees a boost in defence spending, this comes in the face of fiscal challenges and the effects of inflation.
-
UK makes big moves to fix “broken” defence procurement system ahead of major review
The changes are intended to meet greater need and deliver more value for money.
-
US companies invest in production capabilities to satisfy DoD’s hunger for cutting-edge capabilities
BAE Systems, Booz Allen Hamilton and Lockheed Martin have been betting on new facilities and innovative manufacturing technologies to speed up the development of new solutions.