Category: News

Leonardo acquires blocking minority in Hensoldt

Leonardo acquires blocking minority in Hensoldt

Posted by | 24 Apr 2021 | , , , | 0

Following the German government's investment in defence company Hensoldt last year, Italian company Leonardo has now acquired another large block of shares from financial investor Kohlberg Kravis & Roberts (KKR). The stake held by both anchor shareholders is 25.1 per cent each, giving each a blocking minority. According to its own information, Leonardo is paying around 606 million euros, which corresponds to a price per share of 23 euros. The closing price of the Hensoldt share was 15.58 euros on Friday. Leonardo would thus have paid a premium of just under 50 per cent. With their investment, the Italians want to establish a strategic presence in the growing German defence market. Already in the past...

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Nato COE for Portugal

Nato COE for Portugal

Posted by | 23 Apr 2021 | , | 0

Portugal will also soon be able to boast a Nato Centre of Excellence. The Nato Maritime Geospatial, Meterological & Oceanographic Centre of Excellence (MGEOMETC COE) is currently in the process of being accredited. It is being established at the Hydrographic Institute of the Portuguese Navy. Once approved, it will be the first Portuguese centre of excellence to be accredited by NATO, underlining the country's special capabilities in this field. The purpose of the centre will be to pool the knowledge available in the various nations in one place, develop it further and make it available to the partners. This is intended to provide answers to the growing maritime...

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FS Dixmude ends Operation Corymbe

FS Dixmude ends Operation Corymbe

Posted by | 23 Apr 2021 | , , , | 0

After 80 days, the French amphibious group centred around the helicopter carrier Dixmude has left the Gulf of Guinea. On board the carrier are the French Groupe tactique embarqué (GTE) Dragon and Portuguese Fuzileiros. They were deployed off the African coast as part of the 156th mandate of Operation Corymbe. The aim of the operation is to monitor fishing activities on the one hand and to combat piracy in this sea area on the other. The Dixmude also took part in multinational manoeuvres. Together with Senegalese forces, they practised at Xaritoo 2021, while the American-led Obangame Express was multinational. In cooperation with French forces...

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The agony without staff

The agony without staff

Posted by | 23 Apr 2021 | , , | 2

The Dutch Van Speijk is leaving operational readiness ahead of schedule. This was announced by the country's Ministry of Defence on 22 April, after the crew had already been informed the day before. The reason is a significant personnel shortage on board. The crew will be reassigned to other ships in the Dutch navy at short notice, for example on the sister ship Van Amstel. The personnel shortage is not limited to the two Karel Doorman-class frigates, but extends to all surface vessels. Technical personnel in particular are in short supply, making the de facto decommissioning of the Van Speijk from summer 2021 unavoidable. The 122 metre long and 2800 tonne displacement ship...

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