NATO Ally Scraps Purchase of US Black Hawk Helicopters
Poland has scrapped plans to buy more S-70i Black Hawk helicopters as Warsaw rethinks its strategy for fighting a battle-hardened Russia pouring massive investment into its military.
Poland has become a military powerhouse, leading the NATO alliance on defense spending.
The country, which is situated on NATO's eastern flank, has felt the reverberations of more than three years of war in Ukraine, repeatedly scrambling fighter jets in response to intensive Russian airstrikes on parts of western Ukraine. Warsaw has been one of Kyiv's most strident supporters.
NATO officials, particularly those from country's forming NATO's eastern edge, have increasingly warned Moscow could mount an attack against the alliance in the coming years, particularly if the U.S. succeeds in brokering a ceasefire in Ukraine.
The Polish military changed its "priorities" for its upcoming purchases after "intensive" analysis, said General Wiesław Kukuła, the Chief of the General Staff for the Polish armed forces.
"The aim of these changes is to better adapt to the challenges of the future battlefield," Kukuła told reporters on Friday.
Warsaw will prioritize training and combat helicopters, as well as multi-use helicopters able to land on ships, heavy transport helicopters for the country's land forces and search and rescue aircraft, Kukuła added.
Poland may look at buying other equipment, like drones or tanks, rather than the S-70i multirole helicopter, Grzegorz Polak, a spokesperson for the Polish Armament Agency, told Reuters.
The war in Ukraine has spurred on drone advancement at astonishing speeds, while both sides have still relied heavily on the use of tanks and armored vehicles.
Poland's previous government said in mid-2023 it was starting the process to buy more Black Hawk helicopters from PZL Mielec, a Polish branch of Lockheed Martin.
Secretary of State for Poland's Ministry of National Defense Paweł Bejda said reports that a contract for the Black Hawk helicopters had been "canceled" were false, but the country's Armament Agency had decided to "terminate the procurement process."
Kukuła pointed on Friday to the Polish purchase of 32 next-generation F-35 fighter jets and tens of advanced Apache helicopters that would soon "land on Polish soil" as part of preparations for the "future battlefield."
Paweł Bejda, Secretary of State for Poland's Ministry of National Defense, said during a press conference on Friday: "The geopolitical situation, the situation in the east—the war in Ukraine, what Russia is currently buying, equipping its army—and everything that our air forces are carrying out during tasks connected to the NATO system, is being analyzed."
Brigadier General Artur Kuptel, the head of Poland's Armaments Agency, told the media: "The priorities we have heard about today will give light for the coming days, for the coming months, in terms of the directions of activities in the area of helicopter aviation."
Poland ordered nearly 100 AH-64E advanced Apache helicopters from Boeing in mid-2024, which the aerospace giant said would "strengthen Poland's operational capability and interoperability with the U.S., NATO and allied nations."
Warsaw is expected to receive its first F-35 fifth-generation fighter jets from the U.S. next year.
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Hamilton Spectator
41 minutes ago
- Hamilton Spectator
For Mark Carney, every decision has trade-offs — but that's not slowing him down
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'The way we would like to lead, the way European Union would like to lead, a number of Asian countries as well, is in a positive respect. If the U.S. is pulling back from multilateralism, as it is with respect to trade … effectively U.S. trade policy is now bilateral — if the U.S. is pulling back, there are others of us who do believe in multilateralism,' the rule of law, 'fair and open' trade, and in defence co-operation, said Carney. 'Do something,' seems to be the Carney mantra, said Kerry Buck, a former Canadian ambassador to NATO who welcomed the prime minister's commitment hit the new NATO military spending goal of five per cent of GDP. Although Justin Trudeau eventually committed to reaching the old NATO two per cent target at the end of last year's summit, he did so without a clear plan and with a 2032 timeline that was 'clearly going to damage our bilateral relations with the U.S. under Trump, where we're very vulnerable on trade,' said Buck, speaking before Trump's move Friday. In contrast, two weeks ahead of this week's NATO summit Carney accelerated action, said he'd hit two per cent this year, and at the summit adopted the bigger five per cent goal by 2035 with no hesitation. ' It was smart transactionally to do that. And I think in terms of content, it was also necessary,' Buck said. Others wonder how Carney is going to pay for it all. Questions remain about how the government will reach its two per cent promise this year, with the independent Parliamentary Budget Officer saying it can't verify Carney's plan to hit the old target. 'Some might start to think that he has a guns-before-butter kind of approach to foreign policy … a muscular foreign policy focused on defence,' but Buck said Carney had no choice, given it was 'our most vulnerable point' with the U.S. in ongoing trade talks. Forget the 'peace dividend' that Canada and other western allies hailed at the end of the Cold War, welcoming the ability to spend less on the military and more on social welfare systems. Now Carney and the other leaders challenged by Trump are embracing what NATO Secretary General Mark Rutte called a 'defence dividend,' claiming that spending five per cent of GDP on defence will create 'an engine of growth for our economies, driving literally millions of jobs on both sides of the Atlantic.' Carney echoed the claim, acknowledging higher military spending may one day entail federal spending trade-offs or sacrifices, but for now, 'more of it will help build our economy at the same time as it improves our defence. And we'll get the benefits.' There is more continuity than many think between Trudeau and Carney: Carney continued the imposition of counter-tariffs against the U.S. that Trudeau launched. But he has withheld tit-for-tat retaliation against the 50 per cent steel and aluminum penalties Trump levied pending the outcome of trade talks. Carney has continued Trudeau's staunch support for Ukraine and its embattled president Volodymyr Zelenskyy. Carney backs a two-state solution to the Israel-Palestine conflict, a ceasefire in Gaza, and went so far as to sanction two Israeli cabinet ministers. Like Trudeau, Carney believes government has a role and responsibility to address climate change. That Carney has moved swiftly on foreign and defence files is partly due to the flow of the international summits that coincided with his first two months after winning the April 28 election. It's also due to the urgency of the threat posed by the 'tariff' president in the White House. 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'Yes, we need to diversify our partnerships — that's not a new idea in Canadian foreign policy … and yes,' Carney is focusing especially on Europe and like-minded states, and NATO, 'but that's built in to dealing with the more demanding United States.' Stein sees a pragmatic streak too in Carney's overtures to countries like China, India and Saudi Arabia. Carney identified China as the biggest threat to Canada's national security during the federal election. But in office, he's taken steps to thaw relations and ease Beijing's penalties on Canadian agricultural products. At the same time he is moving to block Chinese steel dumping via higher tariff rates against transshipment countries — in line with U.S. concerns. He rolled out a G7 welcome mat to India's Narendra Modi as a criminal investigation struggles to probe India's role in the killing of a Canadian Sikh in Surrey. 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And while Carney's experience gives him credibility in Washington 'where he is well known among economic and diplomatic elites,' Trump's second term makes traditional diplomatic approaches 'increasingly unrealistic,' he said. There is an inevitable geographic and economic reality, he said in a written response to the Star. 'America remains Canada's largest trading partner.' So rather than a drastic shift or severing of ties, he said, 'Expect, instead, a policy of pragmatic hedging: building multilateral ties while trying to be on balanced terms' with who is in the White House. For now, Carney may have some latitude, he believes. Increased defence spending can bring Canada greater strategic autonomy on Arctic sovereignty, cybersecurity and intelligence sharing. The narrow question is 'one of political will' where the requirements for sustained federal spending 'and public support' will be the big test, he said, particularly in an era where 'fiscal retrenchment' (Carney has vowed to bring the operating budget into balance) and 'domestic political division are the contemporary realities.' The broader question is whether Carney's pragmatic approach can secure both.
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CNBC
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It is worth noting that McDonald's has increased its annual dividend for 49 consecutive years and is on track to becoming a dividend king. Recently, Jefferies analyst Andy Barish reiterated a buy rating on McDonald's stock with a price target of $360. The analyst believes that MCD stock is a buy on a pullback. Meanwhile, TipRanks' AI analyst has an "outperform" rating on McDonald's stock and a price target of $342. Barish sees near-term acceleration in McDonald's U.S. same-store sales (SSS) and medium-term acceleration in unit growth as the major drivers for the stock, which would help narrow the current valuation gap compared to rivals Yum Brands and Domino's. The analyst also noted improved international SSS, as the company remains a trade-down beneficiary due to its value proposition and low-price point combos. Among other positives, Barish mentioned brand power and competitive advantages in size, scale, advertising, supply chain and most up-to-date chain of restaurants. 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