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%.
SR Technics to consolidate component services activities
SR Technics has announced plans to consolidate its component services organisation, and all supporting functions currently performed at London-Stansted, in Zurich.
The company says the move will allow it to improve further its operational efficiency and productivity to lower operational costs.
SR Technics will continue to operate its line maintenance business in the UK through its current line station network and will maintain and develop its logistics operations in the UK. It plans to consolidate all logistics operations at the current London-Heathrow logistics centre.
Bernd Kessler, CEO of SR Technics, commented, “At the heart of the ongoing reorganisation is our aim to raise our efficiency, lower our Group’s overall operational costs and to further develop our operational capabilities, service offerings and global footprint. By achieving these objectives, we will tangibly improve our competitiveness and the service we provide to our customers.
“Management will work closely with the unions and employee representatives to support all employees affected by these plans at London-Stansted,” Kessler added.
You may also like
More from Defence Notes
-
![New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia]()
-
![UK Chancellor commits £2 billion to make the country a “defence industrial superpower”]()
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
![Avalon 2025: Australian defence budget meets the low expectations of show attendees]()
Avalon 2025: Australian defence budget meets the low expectations of show attendees
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.
-
![Launch of Gilat Defense targets DoD market]()
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
-
![Collins MAPS Gen II to equip US DoD watercraft]()
Collins MAPS Gen II to equip US DoD watercraft
US services have already conducted multiple tests with military maritime systems fitted with the system.
-
![OCCAR expects substantial boost in programme numbers “in the coming months”]()
OCCAR expects substantial boost in programme numbers “in the coming months”
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.
