That kind of philanthropy is unusual in an age when many billionaires flaunt their wealth with mega-yachts and Wall Street firms work to extract profits from their investments.
—
David Gelles,
Time,
9 Sep. 2025
Lurssen has launched an unprecedented number of new yachts recently.
Thales has completed Factory Acceptance Tests (FATs) for both the Mission System and the Combat System on the Royal Navy’s new Type 31 Inspiration-class frigates.
British officials, seeking economies of scale for their own navy and to boost Scotland’s shipyard industry, had heavily promoted the BAE Systems’ frigates, known as the T-26 City-class.
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