Canadian aviation company manufacturing air sanitizers to fight COVID-19

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  October 29, 2020 | International, Aerospace

  Raytheon laying off 20,000 amid commercial aviation slide

  Joe Gould WASHINGTON ― Raytheon Technologies is cutting 15,000 staff and 4,000 contractor positions, largely at the company's Pratt & Whitney and Collins Aerospace divisions, due to decreased commercial aerospace sales from COVID-19 pandemic, CEO Greg Hayes said Tuesday on the company's earnings call. The Waltham, Mass., aerospace giant is the latest company to announce losses since the pandemic has sent commercial aerospace companies reeling, costing them tens of thousands of jobs and millions in lost profits. Hayes projected the market segment wouldn't get a sharp rebound, but instead see “a long, slow recovery,” over several years. “We don't expect commercial air traffic to return to 2019 levels, until at least 2023. And that's of course depending upon the timing of a widely distributed vaccine. In the near term, we expect a gradual recovery of commercial air traffic particularly given the recent spike in global cases [of coronavirus],” Hayes said. “As you know, we set aggressive targets in the first quarter to reduce costs by about $2 billion and to take actions to conserve about $4 billion in cash, making difficult but necessary actions to reduce headcount,” Hayes said. The ongoing personnel actions will reflect a 20 percent cut at both divisions, and include both temporary furloughs and a hiring freeze. In its merger with United Technologies in April, the company already planned to cut 1,000 jobs, mostly on its corporate side, Hayes said. The company is also reducing its infrastructure, which takes up 31 million square feet, by more than 20 percent ― beyond an earlier 10 percent goal for the merger. Hayes said that even after the pandemic subsides, it would continue to employ increased remote-work arrangements as part of a multiyear strategy to slash overhead. An announced aerospace-parts facility in western North Carolina is still in the works, as Hayes said the company would need the capacity when demand returns. “I think by the time this comes online in late 2023, we should see a kind of return to normalcy in commercial aerospace, and Pratt will be well positioned with a much lower cost, much more automated production facility,” he said. According to third-quarter numbers posted by Raytheon, Pratt & Whitney posted a $615 million loss in operating profit for the quarter versus a $520 million profit for the same period in 2019. Pratt's military sales rose 11 percent, driven in part by production of the F-35 joint strike fighter. Collins managed to post an operating profit of $526 million for the quarter, but the number marked a 58 percent drop over the prior year. Raytheon's commercial aftermarket business fell 51 percent at Pratt & Whitney and 52 percent at Collins Aerospace, while the company's military side was up. Both Raytheon's intelligence and space and missiles and defense segments offset some of the losses, as the company reported sales of $14.7 billion and an operating profit of $434 million for the quarter. Raytheon executives were upbeat on the defense business's backlog of more than $70 billion, and for the quarter, the segment posted $928 million in classified bookings. Correction: An earlier version of the story misstated the timing of the job cuts. They are ongoing, and most took place prior to Tuesday's call. https://www.defensenews.com/2020/10/27/raytheon-to-lay-off-20000-amid-commercial-aviation-slide/

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  March 23, 2022 | International, Aerospace, Naval, Land, C4ISR, Security

  Augmentation du budget Défense de l’Allemagne : un challenge pour la France

  L'augmentation très forte de son budget de Défense par l'Allemagne représente un challenge pour la France, qui devra répondre avec la même ambition pour conserver son « leadership » en matière de Défense en Europe, relève La Tribune. « Pour garder son rang, la France doit répondre avec la même ambition et les mêmes objectifs en disant qu'elle va augmenter son budget et qu'elle souhaite faire des coopérations. La France doit saisir la balle au bond », estime un observateur cité par le quotidien. Le Président de la République, Emmanuel Macron, a confirmé le 17 mars la trajectoire pour 2025 de l'actuelle Loi de programmation militaire, à hauteur de 50 Md€. « Nous avons lancé plusieurs projets qui devront se poursuivre de coopérations capacitaires, et la France portera la défense d'un réinvestissement dans le fonds européen de Défense au niveau européen pour pouvoir justement aller plus loin et consolider cet effort », a-t-il précisé. « Je demanderai au chef d'état-major des Armées de pouvoir réévaluer tous les besoins qui apparaissent, à la lumière de la guerre que nous sommes en train de vivre et de la mise en œuvre de la Loi de programmation militaire depuis 2019 », a-t-il également indiqué. La Tribune du 22 mars

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  September 26, 2019 | International, Aerospace, Naval, Land, C4ISR, Security

  Why Federal A&D Spending Is The Modern Interstate Highway System

  bY Michael Bruno Lockheed Martin recently broke ground on two new buildings in Courtland, Alabama, a small town 45 mi. west of Huntsville. The buildings will house the manufacturing and testing of hypersonics weapon programs. Lockheed expects to move at least 72 new jobs into Courtland and add another 200 in Huntsville over the next three years. It is big news for Courtland, which saw its population drop to 609 in the 2010 U.S. Census from 769 in 2000. But in the grand scheme of things, the dozens or perhaps hundreds of jobs involved—it is unclear how many are new hires versus relocations or backfill—are a fraction of Lockheed's roughly 105,000-person workforce. Yet it is what President Donald Trump wants to see—and where—and a result of record national security spending of $750 billion annually under his administration that includes new technology priorities such as hypersonics. Not surprisingly, Alabama's powerful Republican Senate appropriator Richard Shelby and Gov. Kay Ivey as well as Lockheed Chairman, CEO and President Marillyn Hewson and officials from the Air Force, Army and Navy made sure to be in Courtland for the public relations event Sept. 16. In 2016, Trump campaigned with a promise to provide a $1 trillion infrastructure plan to upgrade America. Roads, bridges and airports featured prominently. After he took office, Trump latched on to a contentious Republican proposal to outsource FAA air traffic control, which the White House called the cornerstone of his infrastructure push. All of it died legislatively. But before Democrats or others try to score points over the failure, they should understand Trump has still delivered. The truth is that Trump's defense spending and government support of commercial aviation and space are today's equivalent of the Dwight D. Eisenhower National System of Interstate and Defense Highways. They have been what passes for infrastructure spending, just without roads, bridges and airports. Increasingly, the employment figures are adding up, and so are the beneficiaries such as Courtland. The U.S. aerospace and defense (A&D) industry was responsible for more than 2.56 million jobs in 2018, a 5.5% gain over 2017, thanks primarily to a return to growth across the top tier and supply chain, according to September statistics from the Aerospace Industries Association. The trade association says A&D accounted for 20% of all U.S. manufacturing jobs and paid nearly $237 billion in wages and benefits last year, up 7.72% from 2017. In 2018, the average wage of an A&D worker was $92,742, an increase of 1.36%. That made the average A&D salary 87% higher than the national average salary of a U.S. worker. Hewson promises to hire thousands of workers, almost all in the U.S. “Roughly 93% of our employees are U.S.-based, as are 93% of our 16,000 suppliers, making Lockheed Martin a proud driver of broad-based economic development and opportunity in America,” the company says. A map of employment shows the company has at least 100 employees in half of the 50 states. This is the story across the industry, which is the model for farming taxpayer-funded work across the states in order to build political coalitions to support major A&D programs. On the same day of the Courtland event, Northrop Grumman unveiled its industry team bidding for the Ground-based Strategic Deterrent, including a contractor army of more than 10,000 people in at least 32 states. But all good things come to an end, and warnings are emerging that A&D's infrastructure-like run could sunset. “Trump is now in full ‘2020-reelection mode,' with continued 2022-26 defense funding growth rapidly becoming a secondary issue,” notes longtime defense consultant Jim McAleese. He points to a Sept. 9 rally in North Carolina at which Trump characterized the “rebuilding” of the U.S. military as “complete.” This can matter a lot to communities where federal A&D spending is focused. The Pentagon began to push out information this year to help states and local communities understand how much they depend on defense appropriations. In a report unveiled March 19 at the Brookings Institution, the Defense Department found the top 10 states by total defense spending received in fiscal 2017 accounted for $239.7 billion of the $407 billion total tracked that year. “There's no obvious correlation of red states or blue states, not that there should be,” noted Michael O'Hanlon, a senior fellow and Brookings analyst. Officials say communities should plan ahead. “It gets back to the rural areas,” says Patrick O'Brien, director of the Pentagon's Office of Economic Adjustment. “Some rural areas see a lot of defense spending; others do not. Where it is occurring, you probably have a very important facility or you have an important presence. And it's up to these local officials to get a better handle on it.” https://aviationweek.com/defense/why-federal-ad-spending-modern-interstate-highway-system