Peruvian MoD Orders LAVs from General Dynamics Land Systems

first_imgGeneral Dynamics Land Systems, the Canadian company’s parent corporation, is a business unit of General Dynamics.The contract was signed through the Canadian Commercial Corporation, a Crown corporation of the Government of Canada.Vehicles provided under this contract will be personnel carrier variants of the LAV II family of vehicles with amphibious capability. Included in the contract is a complete logistics support package. Deliveries will commence by mid-2015.[mappress]Press Release, July 28, 2014; Image: GDLS Share this article July 28, 2014 View post tag: General Dynamics The Peruvian Ministry of Defence has awarded a USD$67 million contract to General Dynamics Land Systems-Canada for 32 Light Armoured Vehicles (LAVs) for the Peruvian Marines. View post tag: Peruvian MoD Authorities View post tag: orders Back to overview,Home naval-today Peruvian MoD Orders LAVs from General Dynamics Land Systems center_img View post tag: LAVs View post tag: Naval View post tag: News by topic View post tag: Navy Peruvian MoD Orders LAVs from General Dynamics Land Systems View post tag: Land Systems View post tag: americaslast_img read more

PREMIUMIndonesia’s small banks still attracting investors despite growing risks

first_imgIndonesia’s small-scale banks are still attracting foreign investment despite rising concerns about the economic impacts of the emergency measures imposed by the government to halt the spread of COVID-19.Venture capitalist Patrick Walujo and former banker Jerry Ng, for example, have increased their stakes in publicly listed Bank Artos through a rights issue on April 2.Patrick’s stake in the bank through his Hong Kong-based Wealth Track Technology Limited was increased to 23.65 percent from 13.35 percent previously. In the meantime, Jerry’s stake in Bank Artos, owned through PT Metamorfosis Ekosistem Indonesia (MEI), rose to 66.7 percent from 37.65 percent.The moves were part of the investors’ plan to raise the bank’s classification from BUKU I, for banks with core capital below Rp 1 trillion (US$64.50 million), to BUKU II, for banks with core cap… Google Forgot Password ? Log in with your social account LOG INDon’t have an account? Register here Indonesia banking-industry small-banks acquisition foreign-investors Maspion-Bank OJK bank-artos Linkedin Facebook Topics :last_img read more