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Tag: Delivery

Hungary upgrades military with delivery of German tanks

Hungary upgrades military with delivery of German tanks

Business
July 31 (UPI) -- The Hungarian army received four refurbished Leopard 2 tanks from its German manufacturer as it awaits delivery of 44 upgraded tanks starting in 2023. While the tanks were handed over by maker Kraus-Maffei Wegmann on Thursday at an army base in Tata, Hungary, eight older versions of the Leopard 2A4HU variant will be provided for training purposes. Hungary will later receive 44 of the newest Leopard 2 variant, called the 2A7+, to replace Soviet-made T-72 tanks. Germany and Denmark currently use the upgraded tanks, and the purchase suggests some interoperability between the German, Danish and Hungarian armies. Each is a NATO member. Advertisement "Hungary is modernizing its land forces with Germany as a strategic partner," German State Secretary of Defense Thomas Silberhorn...
Takeaway.com’s $7.6 billion takeover of food delivery rival Just Eat approved by UK regulator

Takeaway.com’s $7.6 billion takeover of food delivery rival Just Eat approved by UK regulator

Finance
An employee makes a pizza next to a Just Eat Plc branded delivery bag in the kitchen of The Fat Pizza takeaway pizza restaurant in Southend-on-Sea, U.K., on Thursday, Dec 19, 2019.Chris Ratcliffe | Bloomberg via Getty ImagesDutch food delivery firm Takeaway.com's £6.2 billion ($ 7.6 billion) takeover of British rival Just Eat has been cleared by the U.K.'s competition regulator.The deal had been thrown into doubt after the Competition and Markets Authority (CMA) announced an investigation earlier this year into whether it could cause a "substantial lessening of competition."Takeaway.com had previously operated its online takeout service in the U.K., but exited the market in 2016. The CMA considered information suggesting Takeaway.com could have re-entered without the Just Eat merger, but o
Lockheed surpasses 2019 F-35 delivery goal with 134 for U.S., allies

Lockheed surpasses 2019 F-35 delivery goal with 134 for U.S., allies

Business
Dec. 30 (UPI) -- Lockheed Martin announced the delivery of its 134th F-35 fighter plane in 2019 on Monday, exceeding its goal of 131 for the year. The last F-35 delivery of 2019 is a vertical-takeoff-and-landing plane, the most expensive of its three variants, and is destined for the U.S. Marine Corps, the company said in a statement. Deliveries this year included 81 aircraft for the U.S. military, 30 to international partners and 23 to Foreign Military Sales customers. Ten countries currently have the plane in their air forces. Over 450 of the aircraft have been built overall, with hundreds more ordered for future production. The United States expects to eventually have over 2,000 of its three F-35 variants, to replace aging planes and outmoded designs. Sales of the F-35 have been part...
Navy takes delivery of littoral combat ship USS Cincinnati

Navy takes delivery of littoral combat ship USS Cincinnati

Business
June 24 (UPI) -- The U.S. Navy accepted delivery of its newest littoral combat ship, to be named the USS Cincinnati, in ceremonies in Mobile, Ala. The ship, designated LCS 20, is a relatively small surface vessel designed for near-shore Navy operations, and is the 10th in the Navy's Independence class. The delivery on Friday marks the official transfer of the ship from its builder, Austal USA, to the Navy. It will be commissioned and officially named in ceremonies later this year in Gulfport, Miss. "This is a great day for the Navy and our country with the delivery of the future USS Cincinnati," said Capt. Mike Taylor, LCS program manager. "I look forward to celebrating the commissioning of this great ship alongside the crew later this year. This ship will play an essential role in in ca...
Investors rip M&S as it bags Ocado food delivery deal

Investors rip M&S as it bags Ocado food delivery deal

Business
By James Sillars, business reporter Marks and Spencer (M&S) is facing a backlash from investors following confirmation of a deal with Ocado that will see the retailer's food delivered to homes for the first time.The companies announced the joint venture less than 24 hours after it admitted that talks were taking place, prompting sharp increases in their respective share prices. But M&S shares tanked by almost 10% when the market opened on Wednesday after it became clear shareholders were being asked to fund the bulk of the £750m investment and take a dividend hit.Ocado's market value rose by more than 3%.M&S said it was paying for a 50% share of Ocado's UK retail arm, which would trade as Ocado.com from September 2020 at the latest. ...