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%.
Pinnacle Airlines Corporation has released capacity and operational results for its Pinnacle Airlines, Inc. subsidiary for January 2010.
Revenue passenger miles (RPMs) totalled 339,312,000, a decrease of 4.9% from last January’s 356,779,000. Available seat miles (ASMs), however, were cut by 9.6% to 488,056,000 from 539,638,000, which resulted in the load factor increasing by 3.4 percentage points to 69.5% from 66.1% in January 2009.
The total number of passengers carried increased by 2.0% to 791,614 from the 776,025 carried in the same month last year.
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.