March 7, 2024 | International, Land
Fincantieri in talks to buy Leonardo’s torpedo business, source says
For more than a decade Leonardo has searched on and off for a buyer or partner for its torpedo unit known as WASS.
November 6, 2020 | International, C4ISR
BAE building new campus for recently acquired GPS business
WASHINGTON — BAE Systems announced Thursday it is investing more than $100 million in new infrastructure to support its navigation and sensor systems business, which was acquired from Collins Aerospace over the summer.
The new campus, located in Cedar Rapids, Iowa, will condense the company's military GPS capabilities from around the country into one location. Included in the project is a 278,000-square-foot factory and research and development center, located on a 32-acre site just minutes from Eastern Iowa Airport.
The building will include a large factory, several hundred offices, workstations, and both classified and unclassified labs, according to a company release, with the ability to add 50,000 square feet of space if needed.
BAE spent $1.9 billion to land the business unit, which primarily focuses on military GPS technologies, in a deal that was completed July 31. The acquisition followed the merger of defense contracting giants United Technologies Corp. and Raytheon into Raytheon Technologies Corporation in June 2019. The U.S. Department of Justice approved that merger in March 2020, but only on the condition the companies divest UTC's military GPS and large space-based optical systems businesses, as well as Raytheon's military airborne radios business.
In March, BAE's chief executive Jerry DeMuro told Defense News that the purchase, along with $275 million spent to purchase the airborne radio business, positioned the company well under the National Defense Strategy.
The military GPS business includes a workforce of 700 employees that design and build advanced, hardened, secure GPS products, including devices that can utilize M-Code, a more secure U.S. military GPS signal. The business boasts more than 1.5 million GPS devices installed on more than 280 weapons systems.
“Our world-class military GPS business is built on the rich talent pool in Greater Cedar Rapids,” John Watkins, vice president and general manager of precision strike and sensing solutions at BAE Systems, said in a statement. “This investment will provide our high-tech engineering and manufacturing experts with a world-class workspace and the tools to enhance operational excellence.”
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March 4, 2024 | International, Land
Saab starts construction of new Carl-Gustaf factory in India
After receiving approval of 100% foreign direct investment, Saab has established a new company, Saab FFVO India Pvt Ltd, which will fully own the new manufacturing facility and produce the...
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June 20, 2018 | International, Land
US Army test-fires Belgian-made gun amid plans for Stryker upgrade competition
Pierre Tran PARIS ― The U.S. Army's test-firing of a 30mm gun turret from CMI Defence is seen by the Belgian firm as putting it in a privileged position for an upcoming tender for greater firepower for the Stryker combat vehicle, a company spokesman said. “We're in pole position, “ Xavier Rigo, communications manager of CMI Defence, told Defense News on June 18. “That does not mean we will win the race, but it puts us in a very good position. We are very proud to have been selected for tests, a real recognition for our team and our equipment.” That test-firing stems from a cooperative research and development agreement CMI signed in 2015 with the U.S. Army Armament Research, Development and Engineering Center, which is seeking a lethality upgrade for the Stryker. CMI adapted the turret to fit the U.S. requirement for linkless ammunition, he said. ATK supplies the 30mm gun, which CMI fitted to its turret. The Belgian company also supplies a 105mm gun turret for a bid led by SAIC in the U.S. tender for the Mobile Protected Firepower program. CMI has fielded its Cockerill 3105 turret, which uses its turret and 105mm cannon, with the latter built in a factory in northern France. A Cockerill 3105 turret was among the products on display at the CMI stand at the Eurosatory trade show, which ran June 11-15. The stand at the show two years ago used the Cockerill brand name. BAE Systems, General Dynamics Land Systems and SAIC are the competitors in that Mobile Protected Firepower competition, Rigo said. The next step is a down-select to two bidders, which will be asked to build and supply 12 prototype vehicles for tests. In Europe, CMI is ”in discussion with the Belgian government“ in its search for a role in Belgium's planned €1 billion (U.S. $1.2 billion) acquisition of the Griffon and Jaguar armored vehicles from the French Army Scorpion program. Those talks are exploring the possibility for CMI to participate in local production and maintenance of the Scorpion vehicles, he said. The Belgian project, dubbed Capacité Mobilisé, or CAMO, sparked debate, as the planned acquisition boosted French contractors Arquus, Nexter and Thales, but left CMI turrets by the wayside. CMI has delivered 130 gun turrets and is building some 20 turrets per month to supply GDLS, which has a contract with a Middle Eastern country, he said, declining to identify the client nation. Those turrets are based on four modules, armed with 30mm, 90 mm, 105 mm, and both 105mm and 30mm guns. There are both manned and unmanned versions of the turret. Canadian broadcaster CBC reported March 19 that GLDS Canada has sold to Saudi Arabia combat vehicles armed with 105mm and 30mm guns for ”heavy assault,” anti-tank and direct-fire support. CMI conducted a firing demonstration of its six Cockerill gun turrets June 15 at the French Army Suippes firing range, eastern France. Some 60 representatives of foreign army delegations attended, the company said in a statement. The Belgian company had been one of the bidders for Arquus, the then-Governmental Sales unit of Volvo Group, until the Swedish truck maker canceled the sale. Nexter had been the other bidder. https://www.defensenews.com/digital-show-dailies/eurosatory/2018/06/19/us-army-test-fires-belgian-made-gun-amid-plans-for-stryker-upgrade-competition/