Daily Archives: February 5, 2026

Aero Space

AAI and Apogee Aerospace Join Forces to Propel Amphibious Aviation in India

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AAI-Apogee Aerospace Partnership: Amphibian Aerospace Industries (AAI), a subsidiary of Amphibian Aircraft Holdings (AAH), and Apogee Aerospace Pvt Ltd on February 5 announced a strategic collaboration aimed at establishing amphibious aviation as a strategically important capability for India. The partnership is anchored by the Albatross 2.0 amphibious aircraft platform and reflects a shared vision to position India at the forefront of this niche yet increasingly vital aviation domain.

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Navy

Fincantieri, WSense Sign Strategic Deal to Advance Underwater Wireless Technologies

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Fincantieri-WSense Partnership: Italian shipbuilding giant Fincantieri has announced the signing of a strategic agreement with WSense, an Italian deep-tech company specializing in underwater wireless communication, marking a new phase in the collaboration between the two groups. The agreement aims to strengthen Fincantieri’s capabilities in delivering cutting-edge systems for the underwater domain, a sector of growing importance for security, infrastructure protection, and environmental sustainability.

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Aviation

Airbus Projects Asia-Pacific Aviation Services Market to Hit US$138.7 Billion by 2044

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Airbus Global Services Forecast for Asia-Pacific: Airbus has forecast that the Asia-Pacific aviation services market will reach US$138.7 billion by 2044, underpinned by sustained fleet expansion and rising air traffic demand. According to Airbus’ latest Global Services Forecast (GSF) for Asia-Pacific, including China and India, total services demand in the region is expected to grow at a compound annual growth rate (CAGR) of 5.2% over the next two decades.

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Air Force

Israel Ministry of Defense Signs $130 Million Deal with Elbit Systems for CH-53K Helicopter Integration

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Elbit Systems to Equip Israel Air Force’s CH53-K Helicopters: The Israel Ministry of Defense (IMOD) has signed an agreement valued at approximately $130 million (more than NIS 400 million) with Elbit Systems to integrate advanced Israeli-made technologies into the Israeli Air Force’s future CH-53K “Pereh” heavy-lift helicopters. The deal was signed through the Defense Procurement Directorate (DPD) as part of Israel’s preparations to receive 12 new helicopters that will replace the aging “Yas’ur” fleet currently in service.

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