* 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.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
