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Swedish aerospace and defence firm Saab has been awarded a $2.4 million contract to deliver its deployable instrumented training system (DITS) for the Bulgarian Army, the company said in a statement. The contract includes the delivery of a mechanised company sized system with 95 infantry sets and 10 BMP vehicles kits to be fielded in 2012. The funding is provided under the foreign military sales (FMS) programme of the US army's Program Executive Office of Simulation, Training and Instrumentation. Saab's DITS has been used by the US army in Europe since 2001 and was deployed in Bulgaria for joint exercises in 2004, 2006 and 2008. It interfaces with the Joint Conflict / Combat And Tactical Simulation (JCATS) system already fielded at the Bulgarian National Center for Modeling and Simulation. "Saab Training USA is able to support our allies with the same Saab developed training systems used by the US forces around the world. We have been fielding training systems for the FMS programme for more than a decade," the president of Saab Training USA, Lars Borgwing, said in the statement.

European Commission Vice-President Antonio Tajani revealed plans for a re-industrialization and moving away from financial and other services across the EU. The plan's chief target is achieving 20% of Europe's GDP to be contributed from industry by 2020. "Our figures are crystal clear: European industry can deliver growth and can create employment," said European Commission Industry Commissioner Tajani. "We cannot continue to let our industry leave Europe," added the Italian commissioner. Currently, just 15% of Europe's GDP comes from industrial production. What Tajani called plans for a "new industrial revolution" are also aimed at overcoming the financial crisis that has fallen hard on some EU member states. In particular, the Industry Commissioner stressed that Europe must reclaim jobs back from emerging economies like China. Part of the plans for re-industrialization aim at concentrating on high added value innovative sectors as green energy, bioproducts, sustainable production, construction, transportation and energy systems.