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Top related persons:
Luiza Ilie - 1 Andrew Heavens - 1 Narendra Modi's - 1 Rajnath Singh - 1 Modi - 1 Singh - 1 Krishn Kaushik - 1 Tanvi Mehta - 1
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France BUCHAREST Romania Romanian Santierul Naval Constanta NATO Ukraine DELHI
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Defence - 2 Thomson - 2 Naval Group - 1 Santierul - 1 NATO battlegroup - 1 Rafale - 1 procurements - 1 Dassault Aviation - 1

Search resuls for: "France's Naval Group"


3 mentions found


☆ Romania cancels 1.2 bln euro warships deal with France's Naval Group
  + stars: | 2023-08-09 | by ( ) www.reuters.com   time to read: +1 min
BUCHAREST, Aug 9 (Reuters) - Romania's defence ministry said late on Tuesday it has cancelled a long-delayed deal to buy four warships from French firm Naval Group after the company and a junior partner failed to meet a deadline to sign a contract. Defence firm Naval Group won the contract to build four Gowind navy corvettes for Romania and renovate two existing frigates for 1.2 billion euros ($1.32 billion) in 2019 in partnership with Romanian company Santierul Naval Constanta. But the deal was held up, first by legal challenges and then by the two companies failing to reach an understanding concerning rising costs. The country, a NATO state since 2004 and EU member since 2007, has ramped up its defence spending to 2.5% of GDP this year in response to Russia's invasion of Ukraine. ($1 = 0.9110 euros)Reporting by Luiza Ilie; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.
Persons: Luiza Ilie, Andrew Heavens Organizations: Naval Group, Defence, Santierul, NATO battlegroup, Thomson Locations: BUCHAREST, Romania, Romanian, Santierul Naval Constanta, NATO, Ukraine, France
☆ India gives initial nod to buy French Rafale jets, submarines
  + stars: | 2023-07-13 | by ( Krishn Kaushik | Thomson Reuters | Krishn Reports On Politics | ) www.reuters.com   time to read: +3 min
The total value of the purchases is expected to be around 800 billion rupees ($9.75 billion), according to one of the sources. Earlier this year, the government proposed a 13% hike in defence spending to 5.94 trillion rupees for the 2023-24 financial year. The marine version of Dassualt's Rafale jets, intended for India's first indigenous aircraft carrier commissioned last year, outperformed the American Superhornet F18s in tests last year for Indian requirements. India has relied on French fighter jets for four decades now. In 2005, India bought six Scorpene-class diesel submarines from France for 188 billion rupees ($2.29 billion), the last of which will be commissioned next year.
Persons: Narendra Modi's, Rajnath Singh, Modi, Singh, Krishn Kaushik, Tanvi Mehta, Kim Coghill Organizations: Rafale, Defence, procurements, Dassault Aviation, Mazagon, France's Naval Group, Mirage, Thomson Locations: DELHI, France, Paris, Pakistan, China, India
☆ Analysis: Lula confronts Brazil military's pro-Bolsonaro lean with carrot and stick
  + stars: | 2023-01-23 | by ( Anthony Boadle | ) www.reuters.com   time to read: +6 min
But at a Friday meeting the commanders of the armed forces, Lula did not bring up the attack, according to a government official who witnessed the meeting. The armed forces' strategic plans to modernize its equipment included developing a nuclear-powered submarine contracted with France's Naval Group, a subsidiary of defense contractor Thales (TCFP.PA). GENIE OUT OF THE BOTTLEWhether a splurge on military hardware will help tamp down pro-Bolsonaro sentiment in the armed forces is open to question. "Lula wants this to go away as soon as possible," he added. "Starting to punish members of the armed forces for what happened may be legally the right thing to do but politically it would open a Pandora's box."
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