Articles tagged with Rnz

KiwiRail & Hyundai Mipo Dockyard Settle Project iReX Dispute for $144M

5 days ago | 97 views

KiwiRail and Hyundai Mipo Dockyard have settled on a $144 million payment to cover costs incurred from the cancelled Project iReX ferries, with KiwiRail emphasizing the decision was not a reflection on Hyundai. The settlement frees up more funding for other Government projects, debunking claims that canceling the contract would cost taxpayers the full $551 million contract value. The settlement marks the end of mismanagement by the previous government, which failed to consider necessary port infrastructure, resulting in a near quadrupling of project costs before its cancellation in December 2023.

Tags: KiwiRail Hyundai Mipo Dockyard Mr Peters RNZ The Post Tangi Utikere Nicola Willis Ferry Holdings Picton Wellington

Minister Judith Collins Unveils RNZAF No. 5 Squadron Headquarters at Ohakea with State-of-the-Art Infrastructure

6 days ago | 102 views

Minister of Defence Judith Collins inaugurated the new headquarters of the Royal New Zealand Air Force’s No. 5 Squadron at Ohakea, housing four P-8A Poseidon aircraft. The facility, named Te Whare Toroa - The Home of the Albatross, offers modern infrastructure to support maritime surveillance, resource protection, and disaster response efforts. The project aligns with the Government's commitment to enhance Defence capabilities, with planned investments of $12 billion over the next four years and a focus on generating employment opportunities in regional economies.

Tags: Minister of Defence Judith Collins Royal New Zealand Air Force No. 5 Squadron Te Whare Toroa Albatross RNZAF Defence personnel Defence Capability Plan New Zealand

New Zealand Air Force Reactivates No. 62 Squadron for Space Security Mission

1 month ago | 983 views

The Royal New Zealand Air Force has established its first dedicated space unit with the reactivation of the No. 62 Squadron today, Defence Minister Judith Collins says. “This reflects our commitment to protecting New Zealand’s interests and security in the rapidly evolving space domain,” Ms Collins says.

Tags: Royal New Zealand Air Force space unit No. 62 Squadron Defence Minister Judith Collins space security RNZAF Base Auckland World War II radar technology space domain awareness New Zealand Defence Force