Veraxx's products include the Full Flight Simulator (FFS), which can replicate a specific type of aircraft. US-based By Light Professional IT Services has expanded its defence portfolio by acquiring Veraxx Engineering Corporation, which buil.
The Philippine government has scrapped a deal to purchase 16 Russian military transport helicopters due to fears of possible U.S. sanctions, Philippine officials said. Former Defense Secretary Delfin Lorenzana said Tuesday night he canceled the 12.7-billion-peso ($227 million) deal to acquire the Mi-17 helicopters in a decision last month that was approved by then-President Rodrigo Duterte before their terms in office ended on June 30. “We could face sanctions,” Lorenzana told The Associated Press, describing ways Washington could express its displeasure if the Philippines proceeded with the deal due to America’s worsening conflict with Russia.
AP Exclusive: Philippines scraps Russian chopper deal | iNFOnews | Thompson-Okanagan s News Source infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.
According to the scrapped agreement signed in November, the first batch of multi-purpose helicopters would have been delivered by Russia in about two years
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