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Tag: defense (Page 9 of 22)

Lockheed Martin Inks $4.4B Deal to Acquire Aerojet Rocketdyne

From Reuters News – Reporting by Mike Stone in Washington, D.C., Editing by Greg Roumeliotis

Dec 20 (Reuters) – Lockheed Martin Corp (NYSE: LMT) said on Sunday that it has agreed acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) for $4.4 billion, including debt and net cash.

The deal is Lockheed’s biggest acquisition since Jim Taiclet took over as chief executive in June. He is seeking to beef up the company’s propulsion capabilities amid competition from new entrants such as SpaceX and Blue Origin, for space contracts with the U.S. government.

“Acquiring Aerojet Rocketdyne will preserve and strengthen an essential component of the domestic defense industrial base and reduce costs for our customers and the American taxpayer,” Taiclet said in a statement.

Lockheed said it will pay $56 per share for Aerojet Rocketdyne, a 33 percent premium to Friday’s closing price. The purchase price will be reduced to $51 per share after the payment of a pre-closing special dividend, Lockheed added.

The Bethesda, Maryland-based company already uses Aerojet Rocketdyne’s propulsion systems in its aeronautics, missiles and fire control offerings.

Lockheed said the transaction, which is set to be scrutinized by regulators given the company’s leading position in the defense sector, is expected to close in the second half of 2021.

A crowd that included Air Force leadership, congressional representatives and senators, executives and plant personnel from the Lockheed Martin Aeronautics Corporation attended a ceremony dedicating the delivery of the final F-22 Raptor in Marietta, Ga., May 2. (U.S. Air Force photo/Don Peek)

Embraer Delivers Fourth C-390 Millennium Airlifter to Brazilian Air Force

Embraer delivered the fourth C-390 Millennium multi-mission medium airlifter of a total of 28 units to the Brazilian Air Force (FAB). Like the three units already in operation, the fourth airlifter will be operated by the First Troop Transport Group (1st GTT). All 28 aircraft ordered by FAB are equipped to perform aerial refueling missions, with the designation KC-390 Millennium.

“It is with great satisfaction that we are receiving another KC-390 Millennium aircraft, which is being incorporated into our fleet. Soon, it will be operational in the most diverse missions, in different regions of Brazil and even abroad, similar to our first three aircraft. This platform has already demonstrated great capacity, mainly in the transport of supplies and materials during Operation COVID-19,” said the Brazilian Air Force Commander, Lieutenant-Brigadier Antonio Carlos Moretti Bermudez.

“We are very pleased with the delivery of the fourth C-390 Millennium to the Brazilian Air Force, as the airlifter has played an extremely important role in a series of humanitarian missions within the Brazilian territory and even abroad,” said Jackson Schneider, President and CEO of Embraer Defense & Security. “The C-390 is establishing itself as the tactical transport aircraft of this century, opening new markets, which is immensely important for Embraer’s strategy in the coming years.”

Since the beginning of the COVID-19 outbreak, FAB has operated the KC-390 Millennium aircraft in logistical aerial transport missions, carrying tons of essential supplies to fight the pandemic in Brazil. Additionally, FAB operated one of the airlifters in a humanitarian mission to the Republic of Lebanon, in support of the population of Beirut, in August of this year.

On November 17, the Hungarian government signed a contract with Embraer for the acquisition of two C-390 Millennium multi-mission transport aircraft, in its air-to-air refueling (AAR) configuration, designated KC-390. The acquisition is part of the process to strengthen the capabilities of the Hungarian Defense Forces especially in the tactical airlift, AAR, and medical evacuation roles, as well as in other missions of public interest. Deliveries are scheduled to start in 2023.

The aircraft will be the first in the world featuring an Intensive Care Unit configuration, an essential feature for performing humanitarian missions. The aircraft are also designed to refuel the Hungarian JAS 39 Gripen, as well as other aircraft using the same technology. These KC-390 will be fully NATO compatible, not only in terms of hardware, but also in terms of avionics and communications configuration.

At the end of October, teams from the Portuguese Armed Forces (FAP) and Embraer concluded the “Critical Design Review – CDR” for the KC-390 Millennium ordered by Portugal. This step has defined the aircraft technical requirements according to FAP demands, enabling Embraer to configure the aircraft. The Portuguese Government and Embraer signed a contract for the acquisition of five multi-mission airlifters that will support the operations of the Portuguese Armed Forces and increase readiness in missions of national interest. Deliveries are scheduled to begin in 2023.

A joint project between FAB and Embraer, the C-390 Millennium is a tactical transport aircraft designed to set new standards in its category. Some of the aircraft’s strengths are mobility, robust design, greater flexibility, proven state-of-the-art technology, and easier maintenance.

The C-390 Millennium and the designation KC-390 Millennium fly faster and carry more cargo than other military freighters of the same size and are the ideal platforms for the main usage scenarios. The aircraft require fewer on-demand inspections and maintenance, combined with highly reliable systems and components, which reduces the time on the ground and overall operating costs, contributing to excellent availability levels and low life-cycle costs.

In October 2019, the aircraft received the Grand Laureate Award, in the category of Defense, and the Laureate Award, in the category “Best New Defense Product,” from Aviation Week magazine.

Boeing Awarded U.S. Navy Contract for New Zealand P-8 Training

The U.S. Navy recently awarded Boeing [NYSA: BA] a Foreign Military Sales (FMS) contract, valued at $109 million, to provide P-8A Poseidon training for the Royal New Zealand Air Force (RNZAF). A suite of training systems and courseware will prepare RNZAF aircrew and maintainers to safely and effectively operate and maintain the world’s premier maritime patrol and reconnaissance aircraft for decades to come.

Boeing’s holistic P-8 training system will enable the RNZAF to conduct up to 70 percent of all Poseidon-related training in a simulated environment. As part of the contract, Boeing will provide:

Operational Flight Trainer (OFT) – Full-motion simulator incorporates all P-8 unique displays and switches.

Weapons Tactics Trainer– Simulates mission systems and tactical operations, and when coupled with the OFT, forms a Weapons Systems Trainer that enables multi-crew, high-fidelity mission rehearsal training in the same simulated environment.

Virtual Maintenance Trainer – Enables training of maintenance professionals to properly perform maintenance tasks and procedures on the P-8A aircraft.

Scenario Generation Station – Creates custom scenarios for mission training.

Brief/Debrief Station – Provides post-mission analysis and playback.

In addition, Boeing’s Electronic Classroom will give RNZAF instructors and students access to courseware and testing capabilities. Boeing also will provide initial Instructor Cadre Training to a group of RNZAF instructors, enabling them to continue training additional RNZAF P-8A instructors and aircrews following delivery of the training system in early 2024.

“This holistic training system will enable aircrew to safely train for all aspects of flying and maintaining the P-8A Poseidon,” said Tonya Noble, director of International Defense Training for Boeing. “We look forward to bringing these training capabilities in-country and working alongside the RNZAF to ensure readiness of aircrew and maintenance personnel.”

All training will be conducted in Ohakea, New Zealand. In March 2020, the RNZAF acquired four P-8A Poseidon aircraft through the U.S. Navy FMS process, with expected delivery beginning in 2023. New Zealand is one of seven nations operating the P-8.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Boeing Digital Services to Optimize Planning and Operations for Frontier Airlines

Boeing (NYSE: BA) announced a new 10-year agreement with North American carrier Frontier Airlines to implement a range of crew, flight-planning and operations tools to enhance efficiency for the airline.

These digital solutions from Boeing’s Jeppesen product range provide fleet-wide cost savings across regional and international routes, enhance airline crew-planning processes and increase operational reliability.

“We are fully confident that these robust Jeppesen flight-planning and operational tools will bring tremendous benefit to Frontier’s operations from day one following implementation,” said Brad Lambert, vice president of Flight Operations for Frontier Airlines. “From maintenance and operational planning to day-of and irregular operations, the Jeppesen automation and crew-management tools will complement our low-cost business model while contributing to our system reliability and efficiency.”

In addition to its digital navigation and charting services from Boeing, Frontier Airlines will use a new Jeppesen digital solutions suite that provides day-of-operations decision-support tools, including:

– Flight-planning and scheduling services to enhance flight operations and enable on-time departures and efficient routing

– Crew management, tail assignment and operations-control tools that optimize schedules and aircraft utilization in the short- and long-term planning horizon, including day-of-operation issue detection and schedule recovery to minimize issues due to unexpected events

“As commercial aviation emerges from the COVID-19 pandemic, Frontier Airlines is poised to continue its exceptional growth, utilizing Boeing’s analytics-powered tools to maximize performance and reduce costs during this critical moment for our industry,” said Ted Colbert, president and CEO of Boeing Global Services. “This is a great example of our partnership with customers like Frontier to turn Boeing’s unparalleled digital expertise into operational bottom-line advantages.”

Frontier Airlines is committed to “Low Fares Done Right.” Headquartered in Denver, the company operates more than 100 aircraft with a route network spanning the U.S., the Caribbean and Mexico. With 160 new planes on order, Frontier will continue to grow to deliver on the mission of providing affordable travel across America. 

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

The Republic of Mali Orders an Additional Airbus C295

The Ministry of Defence of the Republic of Mali has placed a firm order for an additional Airbus C295 airlifter in the transport configuration. This second aircraft, to be delivered in 2021, will supplement the first C295 already in operation since December 2016 which has already accumulated 1,770 flight hours and transported more than 38,000 passengers and 900 tonnes of cargo in less than four years of operations.

This new order also includes an integrated logistics support package with spare parts for the two aircraft and training for flight crews and mechanics.

This acquisition is in response to the urgent need of the authorities of the Republic of Mali to have permanent air transport capacity within a very short timeframe, providing a vital link supporting operations and actions for the development of isolated areas in the northern regions of the country. Bernhard Brenner, Head of Marketing and Sales at Airbus Defence and Space, said: “This repeat order demonstrates the excellent capabilities and performance of our aircraft. The C295 is becoming the 21stcentury standard tactical airlifter in Africa with 37 aircraft ordered in the region, from Algeria, Egypt and Ghana to Ivory Coast, Burkina Faso and Mali.”

Embraer Delivers First Modernized E-99 Jet to Brazilian Air Force

From Embraer press release

In a ceremony held today at the Embraer facility in Gavião Peixoto (São Paulo, Brazil), Embraer delivered the first modernized EMB 145 AEW&C (Airborne Early Warning and Control), designated E-99, to the Brazilian Air Force (FAB). Four additional E-99 aircraft will be modernized as part of the contract.

The mission systems and related subsystems, including electronic warfare, command and control, electronic countermeasures, and aerial surveillance radar were updated as part of the modernization process, expanding FAB’s capacity to carry out Flight Control and Alarm missions and Electronic Reconnaissance, among others.

The E-99M project is conducted by COPAC with support from Embraer and various international suppliers, such as SAAB, Aeroelectronica International (AELI), and Rohde & Schwarz. In addition to modernization, the project entails technology transfer agreements that will enable technological advancements for the Brazilian defense industry.

Atech, an Embraer Defense and Security company, participates in the development of the command and control system. Six mission planning and analysis stations were also acquired, which will be used for the training and improvement of crews.

Built on the successful ERJ 145 regional jet platform, with more than 1,200 units delivered and 30 million flight hours, the FAB E-99 aircraft can detect, track, and identify targets in their patrol area and transmit this information to allied forces. The aircraft can also perform airspace management, fighter positioning and interception control, signals intelligence, and surveillance missions.

Hungary Signs Contract For Two Multi-Mission KC-390 Millennium Airlifters

Budapest, Hungary, November 17th, 2020 – The Hungarian Government and Embraer signed today a contract for the acquisition of two new generation multi-mission transport aircraft Embraer C-390 Millennium, in its air-to-air refueling (AAR) configuration, designated KC-390. Additionally, pilots and technicians training as well as other services and support are included in the contract as part of the process to strengthen the Hungarian Defence Forces capabilities specifically on the tactical airlift, AAR and medical evacuation roles as well as in other missions of public interest. Deliveries are scheduled to start in 2023.

“Following the procurement of personnel air transport capabilities in 2018, we will see the arrival of KC-390 aircraft to Hungary in 2023-24, able to deliver large military loads in an operational environment, as well as providing air-to-air refueling services. We are acquiring a multi-role transport fleet for the Hungarian Defence Forces to fulfill the widest possible range of tasks within the national framework, in a sovereign way,” said Gáspár Maróth, government commissioner responsible for defence development.

“We are honored for being selected by the Hungarian Government and the Hungarian Defense Forces to provide the most advanced multi-mission transport aircraft available in the market,” said Jackson Schneider, President and CEO of Embraer Defense & Security. “Hungary is the second European nation and NATO operator to select the C-390 Millennium, a highly capable aircraft that offers excellent productivity through unrivalled combination of speed, payload and rapid reconfigurability for multi-mission operations.”

The KC-390 for the Hungarian Defence Forces will be the first in the world with the Intensive Care Unit in its configuration, an essential feature to perform humanitarian missions. The aircraft fully meets the requirements of the Hungarian Defense Forces, being able to perform different types of military and civilian missions including Humanitarian Support, Medical Evacuation, Search and Rescue, Cargo and Troops Transport, Precision Cargo Drop, Paratroopers Operations and AAR. These KC-390 are fully NATO compatible, not only in terms of its hardware but also in its avionics and communications configuration. Furthermore, the KC-390 probe and drogue refueling system means the aircraft can refuel the Hungarian JAS 39 Gripen as well as other aircraft that use the same technology.

The C-390 Millennium is fully operational and, since receiving its first aircraft in 2019, the Brazilian Air Force has deployed the airlift on several critical missions in Brazil and abroad with greater availability. Also, the Portuguese Government signed a contract for the acquisition of five C-390 Millennium in 2019 that are currently in the production line and will be in service in 2023.

The C-390 is a tactical transport jet aircraft designed to set new standards in its category. Some of the strong aspects of the aircraft are increased mobility, rugged design, higher flexibility, state-of-the-art proven technology and easier maintenance. Flying faster and delivering more cargo, both the C-390 Millennium and the KC-390 variant are the right sized platform for major deployment scenarios. Minimized interventions and on condition maintenance combined with highly reliable systems and components support the reduced downtime and costs, contributing to outstanding availability levels and low life cycle costs.

Boeing Secures Over $800M in Middle East Training and Support Contracts

– Qatar Emiri Air Force to receive aircrew and maintenance training support for F-15QA aircraft

– Comprehensive support includes pre-delivery training and maintenance, and in-country services support

Boeing [NYSA: BA] today acknowledged three foreign military sales contracts with the U.S. Air Force for training services and support in the Middle East valued at more than $800 million.

The first previously unannounced contract was awarded in 2019 and will support the Qatar Emiri Air Force (QEAF) with F-15QA program management, maintenance and aircrew training valued at $240 million over a five-year contract period.

Boeing also received a separate not-to-exceed $68 million contract to provide maintenance and logistics support for the QEAF during their pre-delivery training for the F-15QA aircraft, which will commence early next year. The QEAF will send pilots and weapon system operators to the U.S., where the aircrews will learn how to independently operate the F-15QA ahead of receiving their new aircraft. Training will include in-person instruction, simulation events and flying operations and will be held near Boeing’s F-15 production facility in the U.S. through mid-2021.

Following this, Boeing will establish and operate an aircrew and maintenance training center for the QEAF at Al Udeid Air Base, Qatar, through 2024.

A third contract awarded in November and valued at more than $500 million will provide the QEAF with in-country spares and logistics support once the aircraft are delivered to Qatar.

“The tailored training and sustainment delivered by our team, coupled with Boeing’s platform expertise, allows us to deliver a holistic solution to our Qatari customer so they can optimize the full capability of their fleet with high availability rates,” said Tim Buerk, director of Middle East defense services for Boeing. “We look forward to our continued partnership with Qatar and further supporting their mission readiness needs.”

The F-15QA is an advanced variant of the undefeated F-15 aircraft. The Advanced F-15 features next-generation technologies that offer more speed, range and payload than any other fighter in its class. Boeing will deliver 36 F-15QA aircraft to Qatar starting in 2021.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

F-15QA1 and F-15QA2 Air to Air. Includes Arch Fly-by, St. Louis, MO. MSF20-0028 Series.

Boeing Wins Contract for Two More KC-46 Tankers for Japan

The U.S. Air Force has exercised the option for the Japan Air Self-Defense Force’s (JASDF) third and fourth Boeing [NYSE: BA] KC-46 tanker through the Foreign Military Sale (FMS) process.

 “Japan’s new tankers will play an invaluable role in the security alliance between our two countries,” said Col. Jason Lindsey, U.S. Air Force KC-46 System program manager.

Boeing’s KC-46 will be a force multiplier in the U.S.-Japanese defense alliance. It can refuel U.S., allied and coalition military aircraft compatible with international aerial refueling procedures, any time, on any mission, and can carry passengers, cargo and patients whenever and wherever needed.

“This order further enhances our enduring partnership with Japan,” said Will Shaffer, president of Boeing Japan. “The KC-46 will be an unparalleled asset to Japan’s air mobility fleet for decades to come.”

Boeing was awarded the initial FMS contract for Japan’s first KC-46 aircraft and logistics services in December 2017 following the Japan Ministry of Defense’s KC-X aerial refueling competition. A contract for a second KC-46 was awarded to Boeing in December 2018.

Boeing assembles KC-46A aircraft for both the U.S. Air Force and the JASDF on its 767 production line in Everett. Japan’s first KC-46 is scheduled for delivery in 2021.

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