BAE Systems Tests Battle Management System in ACVs, As Company Mulls Future Upgrades and Variants - USNI News

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  November 19, 2020 | International, Aerospace, Land

  Here’s who’s taking over as Sikorsky’s president

  By: Jen Judson WASHINGTON — Lockheed Martin-owned Sikorsky's President Dan Schultz is set to retire at the beginning of 2021 and Paul Lemmo, the company's current vice president of integrated warfare systems and sensors, will take over the role, according to a Nov. 18 Lockheed statement. The bench will shift within Lockheed with Jon Rambeau, the current vice president of C6ISR, taking over for Lemmo. Gregg Bauer, vice president for undersea warfare, will assume Rambeau's role. “Just recently the president of our Sikorsky business, Dan Schultz, announced his decision to retire at the beginning of 2021,” Stephanie Hill, executive vice president of Lockheed Martin Rotary and Mission Systems, said in the statement. “Dan has had a tremendous impact to Lockheed Martin and I'm grateful for his contributions.” Schultz joined Lockheed in 2006. Before assuming his current role at Sikorsky, he was the vice president and general manager of ship and aviation systems. Schultz served in the U.S. Marine Corps and was the program manager for the Joint V-22 Osprey tiltrotor program, according to his company biography. Lemmo “built a broad career” that spans more than 30 years at Lockheed Martin, Hill said. “I'm proud of Lockheed Martin's focus on talent development which allows for smooth and seamless transitions and ensures we continue to support our customers' missions without disruption,” Hill said. Sikorsky is in the midst of two major helicopter competitions with the U.S. Army — the Future Long Range Assault Aircraft (FLRAA) and the Future Attack Reconnaissance Aircraft (FARA). Sikorsky has partnered with Boeing in the FLRAA competition and in both efforts the company is competing head-to-head with Bell. https://www.defensenews.com/land/2020/11/18/heres-whos-taking-over-as-sikorskys-president/

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  November 20, 2019 | International, Aerospace

  British government signals support for Cobham takeover by private equity firm Advent

  By: Andrew Chuter LONDON — The British government has signaled it will give the green light to a £4 billion (U.S. $5 billion) takeover that would see local defense contractor Cobham acquired by a U.S.-based private equity company. Business Secretary Andrea Leadsom announced Nov. 19 that she was “minded to accept” the proposed takeover but would put out for public consultation assurances given by Advent International regarding British security concerns before making a final call. Advent moved to buy Cobham in July securing the approval of 93 percent of shareholders in the Wimborne, southwest England-based contractor best known for its world leading role of air-to-air refueling technology. Cobham's annual turnover of £1.86 billion took it to 57th place in the Defense News Top 100 companies listing earlier this year. Over 50 percent of its revenues were generated in the United States where the company has substantial manufacturing facilities. The British government intervened in the takeover in September following criticism led by Nadine Cobham, whose father-in-law formed the company in 1935. Members of Parliament also raised security concerns over the sale. The government has spent the last few weeks reviewing the proposed acquisition ahead of Leadsom outlining the government's current position. "Following my update to Parliament on 5. November, I have now reviewed further national security advice from the Ministry of Defence and met with both Cobham and Advent, who have offered legally binding undertakings designed to mitigate national security concerns, which I am minded to accept.” "They will now be considered by a public consultation, and I will provide a further update once that process has concluded,” said Leadsom. The consultation closes Dec. 17 – five days after the general election. The assurances include Advent giving the MoD prior notice of plans to sell off parts or all of Cobham, agreeing to honor the terms of existing contracts. In addition, the new owners would have to ensure existing security arrangements are strengthened and maintain the ability to supply key services for five years. Nadine Cobham has previously said assurances were not worth the paper they were written on. Alex Ashbourne-Walmsley, a defense consultant at ASC here in London, said she thought Leadsom had taken the right decision on the Cobham sale. “It's advisable for the government to respect the clear instructions of the Cobham shareholders. It is sensible, however, for government to build in conditions regarding any future sale of parts of the business. Private equity houses, unlike traditional industrial corporations, tend to take the shorter-term, more profit-driven view of disposal of their acquisitions, rather than considering matters such as national security of supply and the wider strategic interest,” she said. Criticism over the proposed acquisition of an important part of the British defense industry follows the controversial takeover last year of GKN by Melrose, another private equity company. Despite the furore over the Cobham sale the Financial Times said today the assurances sought by the government from Advent were weaker than those demanded to wave the GKN deal through. https://www.defensenews.com/global/europe/2019/11/19/british-government-signals-support-for-cobham-takeover-by-private-equity-firm-advent

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  October 31, 2022 | International, Aerospace

  Pentagon seeks additive manufacturing to spur hypersonic development

  The Growing Additive Manufacturing Maturity for Airbreathing Hypersonics, or GAMMA-H, initiative targets materials and processes.