The Israeli company that will protect an airport in Vietnam from drones

The Israeli company CodeValue has been selected to design the security system for a new airport in Vietnam, with an investment of about $7.5 billion. Meanwhile, a subsidiary of Rafael won a contract worth €84.5 million to supply anti-tank missiles to Finland, and the UK plans to increase its defense budget to 3% of GDP by 2030.

The Israeli technology company CodeValue, part of the SpeedValue group traded on the Tel Aviv Stock Exchange, has been selected in a tender to lead the design of the physical security system for the new Gia Binh International Airport, being built in Bac Ninh province near Hanoi, the capital of Vietnam. The investment in the airport is estimated at about $7.5 billion. CodeValue will serve as the lead professional consultant in physical security and will be responsible for formulating the overall security concept, threat and risk assessment, system design, and accompanying tenders for supplier selection. Meanwhile, Rafael's German subsidiary, Dynamit Nobel, won a contract worth €84.5 million to supply RGW110 anti-tank missiles to Finland. Additionally, the UK plans to increase its defense budget to 3% of GDP by 2030, up from about 2.4% last year. British Finance Minister John Healey stated that the budget will be fully funded through cuts in parallel budgets.