* The Joint Assault Bridge system is a tracked, armoured engineer vehicle mounted onto a modified M1A1 Abrams main battle tank chassis, https://www.army-technology.com/ informs. Leonardo DRS will develop and deliver Joint Assault Bridge (JAB) systems for the US Army and Romanian military (through a Foreign Military Sales agreement). Collectively, the contract is valued at $49m, according to a statement issued by the supplier on 22 August 2024. The JAB is a tracked, armoured engineer vehicle mounted onto a modified M1A1 Abrams main battle tank chassis. Manufactured by Leonardo DRS, the US division of the Italian parent company of the same name, the platform is designed to manoeuvre US and allied forces more freely with bridging capabilities. Enhance forward presence Specifically, it provides a gap-crossing capability to cross wet or dry gaps, and freedom of manoeuvre on the battlefield to keep pace with Abrams Heavy Brigade Combat Team (ABCT) operations. Some of these heavy brigade units are incorporated into the V-Corps (all US forces on Nato’s eastern flank). The contingent is based in Pozna?, Western Poland. Notably, there is a regional competence centre in the same town that specialises in operating Abrams tanks. This would, of course, complement the use of JABs in the region. More than 100 JABs have been delivered to forces in partnership with the US Army, according to Aaron Hankins, senior vice president and general manager of Leonardo DRS Land Systems unit.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
