The Government of the Czech Republic has announced extraordinary measures to stop the spread of the coronavirus epidemic, which has far-reaching consequences not only for the personal life of the country's citizens, but also for the state economy. At the same time, there are some confusing situations: Prime Minister Babis claims …
The new light jet trainer aircraft L-39NG from Czech aircraft manufacturer AERO Vodochody AEROSPACE a.s., opened the flight envelope up to the full range of expected heights and speeds by completing another series of flight tests. Based on the results, maximum speed of 490 KCAS / Mach 0.8 was permitted and maximum ceiling of 38,000 …
The state budget deficit was increased from the current CZK 40 billion to CZK 200 billion. This will have a major impact on the acquisition projects of the Ministry of Defence and the Army of the Czech Republic. The most challenging is the acquisition of 210 tracked Infantry Fighting Vehicles for the estimated price of 52 billion …
On Tuesday, the Chamber of Deputies approved the first draft amendment to the State Budget Act for 2020, which now expects a deficit of CZK 200 billion (up from CZK 40 billion). Ministry of Defence needs to reduce its spending by nearly three billion crowns. This slows the already slow increase in expenditure in relation to GDP. …