BAE Systems Australia to expand F-35 precinct

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  November 1, 2019 | International, Naval

  Fincantieri, Naval Group dub their joint venture ‘Naviris’

  By: Tom Kington ROME – Italy's Fincantieri and France's Naval Group announced the name of their new naval joint venture will be ‘Naviris' on Wednesday, the day after Fincantieri lashed out at reports that its takeover of French ship yard Chantiers de l'Atlantique faces EU anti-trust opposition. The new name for the JV was announced after a quarterly steering committee meeting of the 50-50 alliance, which was launched in June and is set to be incorporated by year's end. The two state-controlled shipbuilding firms aim to use the joint venture to build and market naval vessels, as well share supply chains, research and testing. As part of the deal, France is using an Italian design for its new logistics vessel, while the two yards will work together on upgrading the Horizon frigates jointly built by Italy and France and operated by both countries. There are also plans for the JV to work on a new European Patrol Corvette. The two yards have promoted the JV as a way to create synergies in Europe's fractured naval industry to allow it to compete globally, and it came on the heels of Fincantieri's takeover of France's Chantiers de l'Atlantique shipyard — a deal which will allow the two yards to share work on cruise ships. This month the drive for more synergy appeared be bearing fruit when Fincantieri said that it would be building forward sections for the new French logistics ships. The four vessels, part of the FLOTLOG (Flotte logistique) program, which are based on the Italian Vulcano design, are being built by a temporary consortium between Chantiers de l'Atlantique and Naval Group. Fincantieri said it would build the sections at its Castellammare di Stabia shipyard in southern Italy, with deliveries to Chantiers de l'Atlantique, which it controls, scheduled between 2021 and 2027. The only potential hitch to the cross-border cooperation is the European Union, which is studying the Fincantieri takeover of Chantiers de l'Atlantique for anti-trust violations, and has yet to give a green light. On Tuesday Fincantieri attacked press reports suggesting the anti-trust probe had been extended, claiming it “strongly disapproves of such rumors, which have also negatively affected its share price today.” In a statement, Fincantieri said that if the rumors were true, it would “firmly” disapprove of such a decision by the EU. The company challenged reports that the deal would cut the number of cruise ship builders in Europe to two, claiming the real number would be three. Correction: This story was updated on Nov. 1 to correct the name of the new joint venture. https://www.defensenews.com/global/europe/2019/10/31/fincantieri-naval-group-dub-their-joint-venture-navaris

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  September 9, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

  GOP’s ‘targeted’ stimulus doesn’t include defense dollars

  By: Joe Gould WASHINGTON ― Senate Majority Leader Mitch McConnell on Tuesday introduced and set up a floor vote for a leaner Republican coronavirus relief bill, but it does not contain the billions of dollars the defense industry has sought to diffuse the economic impact of the pandemic. The bill, which includes some of the elements of the $1 trillion package the GOP proposed in July, is intended to break a weekslong partisan stalemate. However, it has a slim chance of passage in the face of Democrats' insistence for more sweeping aid. “The Senate Republican majority is introducing a new targeted proposal, focused on some of the very most urgent health-care, education and economic issues. It does not contain every idea our party likes,” McConnell said in a statement. “I will be moving immediately today to set up a floor vote as soon as this week.” It wasn't immediately clear what the differences, if any, were to an earlier version that Senate Republicans floated last month. Both draft bills excluded the $29 billion for defense that the GOP included in its previous $1 trillion package. The $1 trillion proposal from July contained $11 billion to reimburse defense contractors for coronavirus-related expenses, as authorized by Section 3610 of the Coronavirus Aid, Relief and Economic Security Act. which expires Sept. 30. Defense firms and trade associations have lobbied for an extension of Section 3610 as well as the funding, fearing the Pentagon would otherwise have to tap modernization and readiness accounts. The move comes as lawmakers straggle back to Washington for an abbreviated preelection session, as hopes are dimming for another coronavirus relief bill — or much else. Passage of an extension for Section 3610 and any funding may have a better chance if lawmakers can attach it to and pass a stopgap continuing resolution before Sept. 30, when the fiscal year ends and 2020 appropriations run out. However, defense industry observers were pessimistic on Tuesday. “I don't see any of the COVID package procurement money making it into the CR, and the CR is a high hurdle in any event,” a defense industry source told Defense News. “This Senate bill is a ‘press release' bill and not a piece of legislation that has a chance of passing into law.” Several Republican senators in tough reelection bids are eager to show constituents they are working to ease the pandemic's strain on jobs, businesses and health care. But many Senate Republicans are resisting more spending. Senate Finance Committee Chairman Chuck Grassley, R-Iowa, told reporters Tuesday that the GOP conference would discuss the legislation during a meeting on Wednesday. McConnell's move Tuesday would clear the way for a Thursday test vote in which the $500 billion, scaled-back bill — roughly half the size of a measure McConnell unveiled earlier this summer — is sure to be blocked by Democrats. McConnell's bill would provide more than $100 billion to help schools reopen, enact a shield against lawsuits for businesses and others that are powering ahead to reopen, create a scaled-back supplemental jobless benefit of $300-per-week, and write off $10 billion in earlier post office debt. (The National Defense Industrial Association is among groups that have called for a liability shield.) But the bill won't contain another round of $1,200 direct payments going out under President Donald Trump's name. House Speaker Nancy Pelosi, D-Calif., continues to demand $2.2 trillion, and while Trump's negotiators have signaled a willingness to inch further in her direction, a significant gap remains. Pelosi and Senate Minority Leader Chuck Schumer, D-N.Y., rapped McConnell in a statement Tuesday for resisting earlier calls to work on an economic stimulus bill. They called the most recent bill “political” and a nonstarter with Democrats. “As they scramble to make up for this historic mistake, Senate Republicans appear dead-set on another bill which doesn't come close to addressing the problems and is headed nowhere,” Pelosi and Schumer said. The Associated Press contributed to this report. https://www.defensenews.com/congress/2020/09/08/will-gops-targeted-stimulus-include-defense-dollars/

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  November 19, 2024 | International, Land

  Last American soldier to leave Afghanistan to command US Army Europe

  The general, whose career has been defined by special operations, has been tapped to lead a conventional deterrence mission.