Brazil's Air Force (FAB) is phasing out the iconic US-built Lockheed C-130 Hercules four-engined turboprop aircraft to replace it with the locally-produced Embraer KC-390 Millennium, of which a total of 19 units are expected to be delivered.
In 2019 the Falkland Islands Government (FIG) and the National Sports Council (NSC) agreed that investment in sports in the Falkland Islands was a key priority and a dedicated sports facility should be developed. FIG’s technical experts calculated that the cost of the facilities that would be required to future proof the facility would be around £6-£10m depending on detailed specifications.
In a bid to enhance its infrastructure, the Falkland Islands Government (FIG) has taken significant steps towards the replacement of the Stanley port facility, known as FIPASS. Following recent executive council meetings, two pivotal papers have been approved to advance the project.
The Greek company Tsakos announced it was closing its naval operations in Uruguay but will keep other investments in the South American country, it was reported in Montevideo after early versions that the firm was departing altogether.
The Government of Uruguay Wednesday signed a memorandum of understanding (MOU) with the company HIF for the building of a green hydrogen plant in the department (province) of Paysandú. The US$ 6 billion investment is expected to generate some 3,000 jobs.
Six months after Isle of Wight aircraft manufacturer, Britten-Norman launched a plan to quadruple its output, the historic firm's future hangs in the balance. The maker of the affectingly known 'Land Rover of the skies' is considering bringing in administrators, according to reports.
Argentine steel producer Acindar will stop output at its four plants in the country between March 18 and April 15 as a result of the country's recession which led to a drop in sales of around 40%, it was announced Tuesday.
Argentine authorities approved in a resolution published Monday in the Official Gazette that companies such as Amazon Kuiper, OneWeb, and Elon Musk's Starlink may start providing satellite internet connectivity to local users, it was reported in Buenos Aires. The service will become available in the second quarter of 2024.
Argentina's Scientific and Technical Research Institute for Defense (CITEDEF) has successfully certified its own ejector seat cartridge tester to extend the life of the Super Etendard/SEM of the Naval Aviation Command (COAN), a key development in the country's efforts to achieve self-sufficiency in the defense sector. Since their acquisition in 2019, these jets have been grounded due to the British veto on the supply of essential ejection seat pyrotechnics, effectively rendering them inoperable.
Calling it outdated the United Kingdom has withdrawn from an international treaty that lets fossil-fuel companies sue governments pursuing climate policies for billions in compensation for lost profits.