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Air India to spend $400 mln to revamp interiors of over half its fleet

Air India to spend $400 mln to revamp interiors of over half its fleet Sept 17 (Reuters) - Air India, owned by the Tata Group, said on Tuesday that it would spend $400 million to refurbish the interiors of 67 planes, or more than half its fleet, as part of a multi-million dollar transformation of the former state-run carrier. Since taking control of the carrier in 2022, Tata has spent millions of dollars on ordering hundreds of new jets and changing the carrier's logo, branding and plane livery,
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Thales Australia’s Lithgow Arms, Våbenfabrikken Announce Partnership

BRIEF-Thales Australia’s Lithgow Arms, Våbenfabrikken Announce Partnership Sept 17 (Reuters) - Thales SA TCFP.PA : THALES AUSTRALIA’S LITHGOW ARMS PARTNERS WITH VÅBENFABRIKKEN TO ESTABLISH DANISH SMALL ARMS INDUSTRIAL CAPABILITY THE MOU WAS SIGNED ON 17TH OF SEPTEMBER 2024 FIRST TRANCHE WILL EXPLORE OPTIONS FOR SMALL ARMS PRODUCTION IN DENMAR
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Leonardo in talks on alliances and joint ventures, CEO says

Leonardo in talks on alliances and joint ventures, CEO says FLORENCE, Sept 9 (Reuters) - Italian aerospace and defence group Leonardo LDOF.MI remains in talks to define its planned alliances and joint ventures with European peers, its chief executive said on Monday, despite the sector's struggles to keep pace with non-European rivals. Talks with Airbus AIR.PA and Thales TCFP.PA "go ahead," CEO Roberto Cingolani said at an event in Florence.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Sept 4 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. PERNOD RICARD PERP.PA : Australia's competition watchdog on Wednesday said it is seeking views from the market on French spirits maker Pernod Ricard SA'sA proposed deal to sell the majority of its domestic wine portfolio to Carlyle Group's Accolade Wines.
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Thales, WB Group Sign Frame Agreement On Strategic Cooperation

BRIEF-Thales, WB Group Sign Frame Agreement On Strategic Cooperation Sept 3 (Reuters) - Thales SA TCFP.PA : THALES AND WB GROUP SIGN A FRAME AGREEMENT ON STRATEGIC COOPERATION IN THE DEFENSE SECTOR Source text for Workspace: nNDL7NFKbj Further company coverage: TCFP.PA (Gdansk Newsroom)
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Share of EU arms export to Ukraine rises from 19% to 34% in Q2, Eurostat says

Share of EU arms export to Ukraine rises from 19% to 34% in Q2, Eurostat says By Pauline Foret and Anna Peverieri Aug 30 (Reuters) - Ukraine's share in European Union arms and ammunition exports rose to 34.2% in the second quarter of this year, up from 19.7% a year earlier, while its share in explosives exports soared to 16.5% from 1.7% a year earlier, the EU statistics office (Eurostat) said on Friday.
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Serbia buys 12 Rafale jets from France's Dassault Aviation for 2.7 billion euros

UPDATE 2-Serbia buys 12 Rafale jets from France's Dassault Aviation for 2.7 billion euros Serbia buys 12 Rafale jets from Dassault Aviation for 2.7 billion euros Serbian military diversifies from Soviet tech, seeks EU ties Adds details on price and number of Rafales, details about missiles and parts By Aleksandar Vasovic BELGRADE, Aug 29 (Reuters) - Serbia on Thursday signed a landmark agreement with France's Dassault Aviation AM.PA for the purchase of 12 new Rafale fighter jets for 2.7 billion
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France's Macron visits Serbia to boost EU ties, discuss Rafale deal 

France's Macron visits Serbia to boost EU ties, discuss Rafale deal  Macron and Vucic to discuss Rafale fighters, energy, AI Macron emphasizes Serbia's EU alignment amid Russia's war in Ukraine Serbian military diversifies from Soviet tech, seeks EU ties By Aleksandar Vasovic BELGRADE, Aug 29 (Reuters) - France's President Emmanuel Macron travels to Belgrade on Thursday to bolster ties with Serbia and bring it closer to the West, as the Balkan country juggles its European Union membership bid a
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Starmer, Scholz seek reset in British-EU ties with bilateral treaty

UPDATE 3-Starmer, Scholz seek reset in British-EU ties with bilateral treaty Starmer meets Scholz, business leaders in Berlin Agree to work on cooperation treaty to help reset relations Starmer due later in France, will meet Macron Adds analyst comment in paragraph 11 By Andrew MacAskill and Sarah Marsh BERLIN, Aug 28 (Reuters) - Britain and Germany's leaders agreed in Berlin on Wednesday to work on an ambitious treaty covering issues from defence to trade that would be part of a reset of Britis
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UK's Starmer eyes defence deal in Germany to help reset ties with Europe

UK's Starmer eyes defence deal in Germany to help reset ties with Europe Proposed Anglo-German accord on defence, trade cooperation Starmer to meet Scholz, German business leaders in Berlin Heads later to France to meet Macron, Paralympics athletes By Andrew MacAskill BERLIN, Aug 27 (Reuters) - British Prime Minister Keir Starmer will discuss a landmark economic and defence accord with German leaders on Wednesday, hoping to use a visit to pursue a "once-in-a-generation opportunity" to reset rela
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Thales And L&T Technology Services Expand Collaboration

BRIEF-Thales And L&T Technology Services Expand Collaboration Aug 21 (Reuters) - L&T Technology Services Ltd LTEH.NS : THALES AND L&T TECHNOLOGY SERVICES EXPAND COLLABORATION TO PROVIDE INNOVATIVE BUSINESS MODELS TO CUSTOMERS NEW CONTRACT BUILDS ON 20-YEAR RELATIONSHIP WITH ENGINEERING AND RESEARCH AND DEVELOPMENT FIRM Source text for Workspace: ID
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European defence stocks down after report of freeze on new Ukraine military aid

UPDATE 2-European defence stocks down after report of freeze on new Ukraine military aid Updates stocks, adding context in paragraph 13 BERLIN, Aug 19 (Reuters) - European defence stocks fell on Monday, after the Frankfurter Allgemeine Sonntagszeitung (FAS) newspaper said on Saturday that the German finance ministry would not approve additional applications for Ukraine military aid due to budget constraints.
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Hensoldt Receives Order For Further Trs-4D Radars For German Navy F126 Frigates

BRIEF-Hensoldt Receives Order For Further Trs-4D Radars For German Navy F126 Frigates Aug 19 (Reuters) - HENSOLDT AG HAGG.DE : RECEIVES ORDER FOR FURTHER TRS-4D RADARS FOR GERMAN NAVY F126 FRIGATES ORDER VALUE INCREASES TO MORE THAN 200 MILLION EUROS PREVIOUS DELIVERY PERIOD WILL BE EXTENDED AS A RESULT OF CONTRACT EXTENSION HAS RECEIVED A FURTHER
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European shares notch broad-based gains; defence stocks lag

UPDATE 2-European shares notch broad-based gains; defence stocks lag For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Defence stocks down on Germany's military aid limit to Ukraine Barratt, Redrow up as condition on deal waived for legal completion Metso pares gains as it quashes speculations over merger plan STOXX 600 up 0.6% Updated at 1600 GMT By Pranav Kashyap and Ankika Biswas Aug 19 (Reuters) - European shares climbed on Monday, led
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Defence stocks drop after Berlin says it will reject new aid requests for Ukraine

BUZZ-Defence stocks drop after Berlin says it will reject new aid requests for Ukraine ** Shares of European defence firms slide after the German federal government said it would reject new military aid requests for Ukraine due to spending cuts ** The government, cited by newspaper FAZ, says the reason for the cuts is the disastrous state of the fe
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UBS ups Thales on defence supercycle potential

BUZZ-UBS ups Thales on defence supercycle potential ** UBS upgrades Thales to "neutral" from "sell" as it sees upside risk to consensus for the French defence electronics company's Defence segment ** "We are strong believers in the defence supercycle narrative," UBS says, adding that Thales deffence business is only just beginning to see orders tra
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Thales Chosen As Supplier For Lilium's Revolutionary Evtol Jet Program

BRIEF-Thales Chosen As Supplier For Lilium's Revolutionary Evtol Jet Program Aug 1 (Reuters) - Thales SA TCFP.PA : THALES CHOSEN AS SUPPLIER FOR LILIUM'S REVOLUTIONARY EVTOL JET PROGRAM LILIUM AIMS TO REVOLUTIONIZE REGIONAL AIR MOBILITY (RAM) AND DRASTICALLY REDUCE CARBON EMISSIONS WITH THE LILIUM JET, TARGETED FOR ENTRY INTO SERVICE IN 2026 Source
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Thales Wins 3-Year Contract To Enhance Mobile Threat Simulators For German Forces

BRIEF-Thales Wins 3-Year Contract To Enhance Mobile Threat Simulators For German Forces July 31 (Reuters) - Thales SA TCFP.PA : THALES WINS THREE-YEAR CONTRACT TO ENHANCE MOBILE THREAT SIMULATORS FOR GERMAN FORCES THIS THREE-YEAR CONTRACT IS RESULT OF A STRONG PARTNERSHIP AND TRUST CONSTRUCTED WITH FEDERAL OFFICE OF BUNDESWEHR EQUIPMENT, INFORMATIO
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Italy - Factors to watch on July 31

Italy - Factors to watch on July 31 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY ISTAT releases May industry sales data (0800 GMT); July CPI flash data (0900 GMT) June producer prices data (1000 GMT).
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Italy's Leonardo and France's Airbus and Thales in talks over space alliance

UPDATE 1-Italy's Leonardo and France's Airbus and Thales in talks over space alliance Adds details, quotes from Leonardo CEO, background throughout By Giulia Segreti ROME, July 30 (Reuters) - Leonardo LDOF.MI is in talks with France's Airbus AIR.PA and Thales TCFP.PA over alliances in the space sector, the head of the Italian aerospace and defence group said on Tuesday, confirming for the first time the ongoing discussions.
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