RADA will have a 19.5% ownership stake in the new company while Leonardo will own the remaining 80.5%.
Delivery of the fourth AOPS to the RCN is expected to take place next year.
The SVL ships will help in gathering oceanographic and geophysical data.
Augmenting a person’s cognitive ability by artificial means is becoming more science fact that science fiction, with defence personnel likely to benefit.
Float off is a modern, low-risk process for entering a ship into water, unlike old dynamic launches.
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In July 2018, the two countries signed a contract for the construction of four vessels based on the Turkish Ada-class design.
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The destroyer will be deployed to provide increased maritime prowess to India in the Indian Ocean region.
Procurement of the new artillery system is being carried out in coordination with Sweden.
The Phase 2 will enable the Royal Navy to take up combined simulated warfare training despite being geographically dispersed.
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This is the third ship to be donated by the US to the Sri Lanka Navy.
The steel manufacturer enjoyed an uplift in performance on the back of strong Special Steels and SSAB Americas divisions’ performances.