Spain cancels contract for anti-tank missiles built by Israeli subsidiary
MADRID — Spain has cancelled a deal for anti-tank missile systems that were to be manufactured in Madrid by a subsidiary of an Israeli company, in a bid to move away from Israeli military technology, the Defense Ministry said Tuesday.
The decision will affect the license for 168 SPIKE LR2 anti-tank missile systems with an estimated value of 285 million euros ($325 million). The systems would have been developed in Spain by Pap Tecnos, a Madrid-based subsidiary of Israel's Rafael Advanced Defense Systems, according to local press.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Wall Street Journal
33 minutes ago
- Wall Street Journal
Clean-Energy Investment Set to Double Fossil Fuel Financing in 2025, IEA Says
Global investment in clean-energy technology and infrastructure is set to double that of fossil fuels this year despite geopolitical and market turmoil, according to a report on the sector by the International Energy Agency. Around $3.3 trillion in investments will flow into the energy sector in 2025, up 2% from 2024. Of that, around $2.2 trillion will go to renewable and nuclear energy, energy storage, low-emission fuels, efficiency and electrification—double the amount going to oil, natural gas and coal, according to the Paris-based organization.
Motor 1
35 minutes ago
- Motor 1
Volvo's Smart New Seatbelt Adapts to Your Body
Volvo engineer Nils Bohlin invented the modern three-point safety belt in 1959, and the company gave away the patent for free. It's estimated that the invention has saved more than one million lives. Now, the Swedish automaker aims to take seatbelt technology to the next level. Debuting in the EX60 electric crossover next year, Volvo's new smart seatbelt is designed to enhance safety by adapting to each occupant's body, with the ultimate goal of saving millions more lives. Sensors throughout the cabin relay information to the seatbelt system, which can respond 'in less than the blink of an eye' in the event of an accident. Based on real-time data, the adaptive seatbelt selects the optimal configuration to maximize protection. According to Volvo , the onboard sensors can accurately detect a passenger's height, weight, body shape, and seating position. Additional inputs from exterior and crash sensors help the system determine the direction of impact and adjust accordingly. The adaptive seatbelt is also future-proof, engineered to support over-the-air updates. Yes, even a seatbelt will receive software upgrades in the near future. Compared to current Volvo seatbelts, the new system increases the number of load-limiting profiles from three to eleven, offering a wider range of automatically selected settings to improve safety across all body types. Co-developed with German automotive supplier ZF, the 'multi-adaptive safety belt' also incorporates AI to determine the best settings during a crash. It even adjusts to changing traffic conditions to reduce the risk of serious injury further. Volvo remains committed to its ambitious vision of zero traffic fatalities, and this next-generation seatbelt marks another step toward that goal. Given Volvo's longstanding focus on safety, this smart seatbelt is likely to expand across the entire vehicle lineup. While the EX60 will debut the technology, most, if not all, future models are expected to benefit from it. Volvo adaptive seatbelt 11 Source: Volvo The Latest From Volvo: The New Volvo XC70 Betrays Its Wagon Roots 2026 Volvo S90 Finally Revealed—Here's What's New Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Source: Volvo Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Motor 1
35 minutes ago
- Motor 1
Honda Says It's Forced to Kill The Civic Type R In Europe
Honda is saying sayonara to the Civic Type R in Europe with a final send-off aptly named the Ultimate Edition. Sales of the Japanese hot hatch will come to an end next year on the Old Continent. Before it bows out, the compact performance car is available in any color you like as long as it's Championship White. To spice things up, red stripes accent the hood and sides, while the roof comes exclusively in black. To sweeten the deal, Honda includes a carbon fiber rear wing on the Ultimate Edition. More carbon fiber appears inside, with door sill trims and a center console upgrade, while eye-catching red floor mats feature a metal Type R badge. To drive home the point that this isn't your average Civic, projectors built into the front doors display a red and white Type R logo. As a final treat for European buyers, the send-off comes with a gift box containing a carbon key ring, a numbered emblem, and even a car cover. Photo by: Honda Mechanically, nothing changes. The Civic Type R Ultimate Edition retains its turbocharged 2.0-liter engine, producing 324 horsepower and 310 pound-feet (420 Newton-meters) of torque. Power is sent to the front wheels through a six-speed manual gearbox, enabling a 0 to 62 mph (100 km/h) sprint in 5.4 seconds. So why is the Civic Type R leaving Europe anyway? Honda says it's essentially being forced to retire the CTR. Hannah Swift, Head of European Strategy and Product, notes that 'The industry is changing, and our model range is having to evolve with it in accordance with European legislation.' In other words, stricter emissions regulations have claimed another victim. Pricing details haven't been disclosed, but the Civic Type R is already notoriously expensive in several European markets, thanks to steep taxes on high-emission vehicles. In the Netherlands, for example, the standard CTR is already a $100,000 + car, before options. While the hot hatch is on its way out, Europeans can take some solace in knowing a different kind of sporty Honda is on the horizon. The reborn Prelude will arrive in the first half of 2026 as a 2+2 coupe with a hybrid powertrain and simulated gear shifts. It's unlikely to match the CTR's engagement, but at least some of the fun lives on. 2026 Honda Civic Type R Ultimate Edition 7 Source: Honda Catch Up With Honda: Honda Is Developing a Powerful Hybrid For America The New Honda GT Is a Screen Nightmare Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Source: Honda Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
