The sale of a stake in TAP will be followed by a new Lisbon airport, expansion of the existing gateway and investment in Portugal’s air traffic control system.
Brussels has extended deadlines for TAP Air Portugal and SATA to complete divestments of assets that were conditions for pandemic-era aid granted by Portugal.
Saab signed an MOU with trade organization AED Cluster Portugal as part of its drive to sell its Gripen E fighter to to replace Portugal's aging F-16s.
Portuguese UAS developer Tekever has lifted the veil on the latest version of its AR3 platform after redeveloping it based on lessons learned in Ukraine.
Portugal approved the launch of a partial reprivatization of TAP Air Portugal, starting a process that could see up to 49.9% of the national carrier sold.
Portugal has agreed to buy an SAR satellite from Iceye, becoming the latest European state to invest in building up its military Earth-observation capability.