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Raytheon secures $627 million Patriot contract for Netherlands air defence upgrade

Raytheon has been awarded a $627 million direct commercial sales contract to supply the Netherlands with Patriot air and missile defence equipment, including radars, launchers, and command stations. The deal supports modernisation of Dutch integrated air defence capabilities amid accelerating production timelines.

Netherlands | 1 week ago

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Energy & Power | 2 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

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