Category: Military (Page 9 of 22)

Saab and FMV Sign Contract for New Gripen-E Equipment

December 19, 2021 / WIL BALDWIN

Saab (OTC: SAABF) has received an order from the Swedish Defence Material Administration (FMV) regarding new equipment for Gripen E. This is a supplementary contract to the original Gripen E contract from 2013. The order value amounts to approximately SEK 1.4 billion.

The original contract, regarding development and modification of Gripen E, signed in February 2013, was based on the terms that certain equipment from the existing Gripen C/D fleet within the Swedish Armed Forces should be reused.

Instead of reusing equipment from the Gripen C/D, new equipment is acquired for a part of the total Swedish order of 60 Gripen E aircraft. This approach secures the availability of the Swedish Gripen C/D fleet in service, while Gripen E is being delivered and introduced to the Swedish Armed Forces.

Saab Expands Cooperation Within Ground Launched Small Diameter Bomb Campaign

November 30, 2021 / WIL BALDWIN

Saab has entered a Memorandum of Understanding (MoU) with Nammo and Nordic Shelter to support the ongoing GLSDB (Ground-Launched Small Diameter Bomb) campaign.

The new agreement was announced during a signing 23 November 2021 in Oslo, Norway. Nammo will contribute with its expertise in rocket motor development and production as part of the GLSDB propulsion sub-system. Nordic Shelter brings the knowledge and experience needed for the development and production of a modular GLSDB launcher, based on a purpose built 20-foot ISO-container.

GLSDB is a long range, precision artillery system developed by Saab and Boeing. The system is based on Boeing’s air-launched Small Diameter Bomb, which has been in production since 2006, with more than 30 000 units shipped. GLSDB enables Small Diameter Bomb to be ground-launched from a wide variety of launchers and configurations.

First Naval Combat H225M Ever Built Delivered to Brazilian Navy

November 26, 2021 / WIL BALDWIN

Airbus Helicopters has delivered the first H225M in naval combat configuration to the Brazilian Navy. Stationed at the naval base in São Pedro d’Aldeia, the aircraft will boost the Brazilian Navy’s mission capabilities including anti-surface warfare and maritime surveillance.

Developed by the engineering team at Helibras (the Brazilian subsidiary of Airbus Helicopters), this naval version of the H225M aircraft is the most complex configuration that has ever been produced for this multirole helicopter. The aircraft’s embedded systems include the EWS IDAS-3 (countermeasure system), MBDA Exocet AM39 B2M2 missiles, the APS143 tactical radar and the naval mission system N-TDMS (Naval Tactical Data Management System) developed in partnership with Atech and Airbus Defense and Space, which is responsible for making the command and control of all embedded systems, including the missile system.

The last stage of the firing campaign with the Exocet AM39 B2M2 missiles was successfully carried out last June, representing a major milestone in the programme, which led the way to qualification and delivery.

The naval H225M is part of the contract signed by the Brazilian government in 2008 and which includes 50 H225Ms to be operated by the three armed forces. So far, 39 H225Ms have been delivered to the Brazilian Armed Forces, all of them assembled locally by Helibras.

Boeing to Deliver Additional Chinook Helicopters to U.S. Army Special Operations

November 25, 2021 / WIL BALDWIN

Boeing [NYSE: BA] will build six more MH-47G Block II Chinooks for the U.S. Army Special Operations Aviation Command as part of a $246.48 million contract.

Delivery of these aircraft are scheduled to start in 2023. With this additional order, Boeing is now under contract for 30 MH-47G Block II Chinooks, four of which have been delivered to date.

These aircraft will be the first to include the new Active Parallel Actuator Subsystem (APAS), a mission system that helps pilots execute more difficult maneuvers while improving safety and reliability of flight.

The MH-47G Block II Chinook also features improved structure and weight reduction initiatives like new lighter weight fuel pods that increase performance and efficiency.

Boeing has more than 4,600 Boeing employees in Pennsylvania supporting H-47 Chinook, V-22 Osprey, MH-139A Grey Wolf and a number of services and engineering efforts. Boeing’s presence, including suppliers and vendors, supports an estimated 16,000 total jobs in Pennsylvania.

Airbus and Northrop Grumman Team Up to shape NATO Future Surveillance and Control

November 8, 2021 / WIL BALDWIN

Munich, Germany / Falls Church, Virginia, 8 November 2021 – Northrop Grumman Corporation (NYSE: NOC) and Airbus (OTC: EADSY) Defense and Space, together with seven industrial players, have established ASPAARO, the Atlantic Strategic Partnership for Advanced All-domain Resilient Operations. ASPAARO will bid to undertake the Risk Reduction and Feasibility Studies (RRFS) for the NATO Support and Procurement Agency as part of the Alliance Future Surveillance and Control (AFSC) program.

The feasibility studies are a key milestone in the AFSC programme which aims to support NATO and NATO nations as they consider the Alliance’s future tactical surveillance, command and control capabilities after the current Airborne Warning and Control System (AWACS) fleet reaches the end of its service life in 2035.

Following the delivery of a High-level Technical Concept in 2020 by three of the team members (Airbus, Lockheed Martin and MDA Ltd.), Airbus continues to support NATO in the concept stage of the AFSC programme together with Northrop Grumman and a strong transatlantic team including Lockheed Martin (US), BAE Systems (UK), KONGSBERG (Norway), MDA (Canada), GMV (Spain), Exence (Poland) and IBM (US).

ASPAARO offers an unparalleled set of skills and capabilities that will address the threats of today and tomorrow and will fulfil the Alliance’s requirements across all domains. The industry team will leverage its multi-domain concepts, advanced technologies and integrated designs to pave the way to a fully interoperable architecture between NATO nations while further driving innovation through combined access, investments and experience.

Northrop Grumman President of Aeronautics Systems Tom Jones emphasized ASPAARO’s focus on the NATO customer’s mission requirements. “ASPAARO brings together the best industrial capabilities across the NATO community to address increasingly vital surveillance and command and control needs. In a rapidly evolving threat environment NATO needs the strategic advantage that advanced surveillance and control provides; ASPAARO is committed to delivering those unmatched capabilities to the NATO AFSC programme.”

A decision on the contract award for the Risk Reduction and Feasibility Studies for NATO AFSC is expected in 2022.

Boeing will showcase its market-leading portfolio of commercial, defense and services products at the 2021 Dubai Airshow this month, including the international debut of its newest fuel-efficient widebody jet, the 777X. Building on the best of the industry-leading 777 and 787 families, the 777-9 will be the world’s largest and most efficient twin-engine jet, delivering 10% better fuel use, emissions and operating costs than the competition. Shown here: A Boeing 777-9 airplane photographed during flight testing. (Boeing Photo)

Boeing to Debut 777X, Spotlight Defense at 2021 Dubai Airshow

November 4, 2021 / WIL BALDWIN

DUBAI, United Arab Emirates, Nov. 4, 2021 /PRNewswire/ — Boeing (NYSE: BA) will showcase its market-leading portfolio of commercial, defense and services products at the 2021 Dubai Airshow this month, including the international debut of its newest fuel-efficient widebody jet, the 777X, along with the company’s growing autonomous capabilities such as the Boeing Airpower Teaming System.

During the event, a Boeing 777-9 flight-test airplane will soar in the airshow’s flying program and appear in the static display. Building on the best of the industry-leading 777 and 787 families, the 777-9 will be the world’s largest and most efficient twin-engine jet, delivering 10% better fuel use, emissions and operating costs than the competition.

The company’s static display will also feature the 2021 Boeing ecoDemonstrator, an Alaska Airlines 737-9 that is flight testing about 20 technologies to reduce fuel use, emissions and noise and further improve safety.

In addition, Etihad Airways will display a 787-10 Dreamliner that showcases the airline’s collaboration with Boeing to advance sustainable aviation. Etihad’s program researches and tests innovative technologies, products and practices on its fleet of 787s and within its operations to further reduce carbon emissions. Also on display, flydubai – the region’s largest 737 operator – will feature a 737 MAX 9 that reduces fuel use and CO₂ by 14% compared to its predecessors.

Boeing’s exhibit in Dubai will highlight defense products including the F-15EX Eagle II fighter jet and T-7A Advanced Pilot Training System, as well as its Autonomous Systems portfolio, including the Boeing Airpower Teaming System and the Insitu Integrator ER and ScanEagle unmanned systems.

Global defense customers are expected to display several operational Boeing aircraft, including the MV-22 Osprey, KC-46A Pegasus, P-8A Poseidon, C-17 Globemaster III, AH-64 Apache and CH-47F Chinook.

Boeing also will discuss its parts, modifications, digital, sustainment and training solutions, including an expansive global supply chain, maintenance and logistics network. Government services will feature in-country partnerships with on-the-ground support for its installed base of defense platforms. Commercial services highlights will include Boeing Converted Freighters, expanded support to regional customers and near-term sales opportunities.

Airbus Reports Third Quarter 2021 Results

October 28, 2021 / WIL BALDWIN

Amsterdam, 28 October 2021 – Airbus SE (Paris stock exchange symbol: AIR) reported consolidated financial results for the nine months ended 30 September 2021.

“The nine-month results reflect a strong performance across the company as well as our efforts on cost containment and competitiveness. As the global recovery continues, we are closely monitoring potential risks to our industry. We are focused on securing the A320 Family ramp up and striving to ensure the right industrial and supply chain capabilities are in place,” said Airbus Chief Executive Officer Guillaume Faury. “Based on our nine-month performance, we have updated our 2021 earnings and cash guidance. We are strengthening the balance sheet to secure investment for our long-term ambitions.

Gross commercial aircraft orders totalled 270 (9m 2020: 370 aircraft) with net orders of 133 aircraft after cancellations (9m 2020: 300 aircraft). The order backlog was 6,894 commercial aircraft on 30 September 2021. Airbus Helicopters booked 185 net orders (9m 2020: 143 units), including 10 helicopters of the Super Puma Family. Airbus Defence and Space’s order intake by value was € 10.1 billion (9m 2020: € 8.2 billion) with third quarter orders including 56 C295 aircraft for India, two A400Ms for Kazakhstan and support and spares contract renewals for the German and Spanish Eurofighter fleets.

Consolidated revenues increased 17 percent to € 35.2 billion (9m 2020: € 30.2 billion), mainly reflecting the higher number of commercial aircraft deliveries compared to 9m 2020. A total of 424 commercial aircraft were delivered (9m 2020: 341 aircraft), comprising 34 A220s, 341 A320 Family, 11 A330s(1), 36 A350s and 2 A380s. Revenues generated by Airbus’ commercial aircraft activities increased 21 percent, largely reflecting the delivery performance compared to 2020 which was strongly impacted by COVID-19. Airbus Helicopters delivered 194 units (9m 2020: 169 units) with revenues up 14 percent reflecting growth in services as well as the higher deliveries, notably more helicopters from the Super Puma family. Revenues at Airbus Defence and Space were broadly stable year-on-year with four A400M military airlifters delivered in 9m 2021.

Consolidated EBIT Adjusted – an alternative performance measure and key indicator capturing the underlying business margin by excluding material charges or profits caused by movements in provisions related to programmes, restructuring or foreign exchange impacts as well as capital gains/losses from the disposal and acquisition of businesses – was € 3,369 million (9m 2020: € -125 million).

The EBIT Adjusted related to Airbus’ commercial aircraft activities totalled € 2,739 million (9m 2020: € -641 million), mainly driven by the operational performance linked to deliveries and efforts on cost containment and competitiveness.

The A220 production rate, which is currently at 5 aircraft a month, is expected to increase to around rate 6 per month in early 2022, with a monthly production rate of 14 envisaged by the middle of the decade. On the A320 Family programme, the Company is working to secure the ramp up and is on trajectory to achieve a monthly rate of 65 aircraft by summer 2023. The recent commercial successes of the A330 programme enable a monthly rate increase from around 2 to almost 3 aircraft at the end of 2022. The A350 programme is expected to increase from around 5 to around 6 aircraft a month in early 2023.

Airbus Helicopters’ EBIT Adjusted increased to € 314 million (9m 2020: € 238 million), driven by services, programme execution and lower spending on Research & Development (R&D).

EBIT Adjusted at Airbus Defence and Space increased to € 284 million (9m 2020: € 266 million), mainly reflecting the Division’s efforts on cost containment and competitiveness.

Consolidated self-financed R&D expenses totalled € 1,919 million (9m 2020: € 2,032 million).

Consolidated EBIT (reported) amounted to € 3,437 million (9m 2020: € -2,185 million), including net Adjustments of € +68 million.

These Adjustments comprised:

€ +190 million related to the A380 programme, of which € +45 million were booked in Q3;
€ -165 million related to the dollar pre-delivery payment mismatch and balance sheet revaluation, of which € +5 million were in Q3;
€ +43 million of other Adjustments, including compliance costs, of which € -6 million were in Q3.

The financial result was € -172 million (9m 2020: € -712 million). It mainly reflects the net interest result of € -233 million partly offset by € +63 million related to the revaluation of the Dassault Aviation equity stake. Consolidated net income(2) was € 2,635 million (9m 2020 net loss: € -2,686 million) with consolidated reported earnings per share of € 3.36 (9m 2020 loss per share: € -3.43).

Consolidated free cash flow before M&A and customer financing was € 2,260 million (9m 2020: € -11,798 million), reflecting efforts on cash containment and also included a positive phasing impact from working capital. Consolidated free cash flow was € 2,308 million (9m 2020: € -12,276 million).

On 30 September 2021, the gross cash position stood at € 21.7 billion (year-end 2020: € 21.4 billion) with a consolidated net cash position of € 6.7 billion (year-end 2020: € 4.3 billion). The Company’s liquidity position remains strong, standing at € 27.7 billion at the end of September 2021. Given the increase in the net cash position and the robust liquidity, a decision was taken not to renew the undrawn € 6.2 billion Supplemental Liquidity Line which matured in September. In the meantime, the maturity of the € 6 billion Revolving Syndicated Credit Facility has been extended by a year.

Outlook

As the basis for its 2021 guidance, the Company assumes no further disruptions to the world economy, air traffic, the Company’s internal operations, and its ability to deliver products and services.

The Company’s 2021 guidance is before M&A.

On that basis, the Company has updated its 2021 guidance and now targets to achieve in 2021 around:

600 commercial aircraft deliveries;
EBIT Adjusted of € 4.5 billion;
Free Cash Flow before M&A and Customer Financing of € 2.5 billion.

Boeing Breaks Ground on New Maintenance, Repair & Overhaul Facility in Jacksonville

October 28, 2021 / WIL BALDWIN

JACKSONVILLE, Fla., Oct. 28, 2021 — Boeing [NYSE: BA] today broke ground to begin construction of a new 370,000 square-foot maintenance, repair and overhaul (MRO) facility located at Cecil Airport that, once complete, will support Boeing’s ability to deliver readiness outcomes for U.S. government customers.

The facility will include eight new hangars, additional work space and offices where Boeing maintainers, engineers and data analysts will support U.S. Navy and Air Force aircraft. The facility’s close proximity to Naval Air Station Jacksonville, Boeing’s Training Systems Center of Excellence in west Jacksonville, and local academic institutions make it a leading location for the development and delivery of innovative product support, underpinned by collaborative research and engineering.

The groundbreaking ceremony celebrates a 25-year lease agreement between Boeing and the Jacksonville Aviation Authority (JAA). Under the agreement, the JAA will construct and lease to Boeing new facilities on approximately 30 acres located on the northeast side of Cecil Airport, near Boeing’s existing MRO site. Construction is anticipated to be completed in 2023.

Since opening its existing MRO facilities at Cecil Airport in 1999, Boeing teammates have maintained, modified and upgraded 1,030 aircraft for the U.S. Navy and Marine Corps, including the F/A-18 A-D Hornet, F/A-18 E/F Super Hornet and EA-18G Growler. The Boeing team at the site also converts F/A-18 Super Hornets into flight demonstration aircraft for the U.S. Navy’s Blue Angel squadron as well as modifies retired F-16s into the next generation of autonomous aerial targets for the U.S. Air Force. The facility is also home to a Flight Control Repair Center that provides structural repairs to F/A-18 A-F and EA-18G flight control surfaces.

F/A-18 Block III Delivery_Building 75, Aircraft Delivery Service Center_St. Louis, MO. MSF21-0031 Series.

Boeing Delivers First Operational Block III F/A-18 Super Hornet to the U.S. Navy

September 27, 2021 / WIL BALDWIN

Arlington, Virginia, September 27, 2021 – Boeing [NYSE: BA] delivered the first of 78 contracted Block III F/A-18 Super Hornets to the U.S. Navy. Block III gives the Navy the most networked and survivable F/A-18 built with a technology insertion plan that will outpace future threats.

Block III’s new adjunct processor translates to a fighter that will do more work and in far less time increasing a pilot’s situational awareness. The jet is ready to receive apps-based solutions that will allow upgrades to the aircraft throughout its life span.

Boeing will continue to deliver Block III capabilities to the Navy through the mid-2030s from three lines. One new build production, and two Service Life Modification lines extending the life and eventually upgrading Block II Super Hornets to Block III. The first aircraft delivered will complete the U.S. Navy flight test program before deploying to a squadron.

Pentagon and Lockheed Martin Agree To F-35 Sustainment Contracts

September 16, 2021 / WIL BALDWIN

FORT WORTH, Texas, Sept. 13, 2021 /PRNewswire/ — The F-35 Joint Program Office awarded the Lockheed Martin (NYSE: LMT) industry team annualized contracts covering fiscal years 2021-2023 to support operations and sustainment of the global F-35 fleet, supporting mission readiness and further reducing costs.

The annual contracts fund critical sustainment activities for aircraft currently in the fleet and build enterprise capacity to support the future fleet of more than 3,000 F-35 aircraft. This includes industry sustainment experts supporting base and depot maintenance, pilot and maintainer training, and sustaining engineering for the U.S. and our allies across the globe. It also covers fleet-wide data analytics and supply chain management for part repair and replenishment to enhance overall supply availability for the fleet.

The FY2021-2023 contracts represent a planned next step in further reducing overall operations and support costs for the F-35 program, which are shared between government and industry. Lockheed Martin has reduced our cost per flight hour by 44% in the past five years, with a forecasted reduction of an additional 40% in the next five years. The cost savings in the FY21-23 annualized sustainment contracts support Lockheed Martin’s efforts to realize these goals. The savings will be achieved through improved cost and velocity in our supply chain, continued reliability improvements, and greater manpower efficiencies to provide product support solutions across the growing, global fleet. We remain committed to partnering with our customers and teammates to drive F-35 sustainment costs down.

The contracts also pave the way for a longer-term, Performance Based Logistics (PBL) agreement for the F-35 program. PBLs are an industry best practice, facilitating agile sustainment solutions for the fleet and incentivizing even further affordability and performance results.

The F-35 Joint Program Office, together with each U.S. service, international operators and the F-35 industry team, leads F-35 sustainment and the Global Support Solution. The 2021 annualized sustainment contract will cover industry sustainment activities through Dec. 31, 2021.

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