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March 6, 2024 | International, Security

China unveils new defense budget, with a 7.2% increase

China’s military expenditure is about four times that of Japan and around 12 times larger than that of Taiwan.

https://www.defensenews.com/global/asia-pacific/2024/03/06/china-unveils-new-defense-budget-with-a-72-increase/

On the same subject

  • Safran Helicopter Engines strengthens its European team around Ardiden 3TP with ITP Aero in Spain

    October 6, 2020 | International, Aerospace

    Safran Helicopter Engines strengthens its European team around Ardiden 3TP with ITP Aero in Spain

    5 October 2020, Bordes Safran Helicopter Engines and the Spanish aero-engine company ITP Aero have signed a Memorandum of Agreement (MoA) to cooperate on Ardiden 3TP, a turboprop engine suitable for European military applications – specifically the unmanned, training and transport sectors. The Spanish aero engine specialist strengthen the European team with Safran Helicopter Engines, and ZF Aviation Technology in Germany. Ardiden 3TP is a 100% European solution based on Safran's Ardiden 3 core engine and featuring technologies developed through its Tech TP technological demonstrator, which ran for the first time in June 2019. Alvaro Santodomingo, ITP Aero Defence Business Unit Executive Director, said: "A collaboration with Safran Helicopter Engines in this engine is an important opportunity for us. Our aero-engine technologies and capabilities will significantly benefit this engine propulsive system, lowering operating and maintenance costs, while supporting future Spanish industrial capabilities". Commented Florent Chauvancy, Safran Helicopter Engines EVP OEM Sales, "We are proud to welcome ITP Aero into this exciting project. We are committed to delivering the Ardiden 3TP, a 100% European engine featuring high levels of design maturity and competitive operating and maintenance costs. It will be designed, built and supported by highly-experienced teams using state-of-the-art industrial capabilities in Germany, Spain and France. For European nations seeking to protect their national interests, in civil or military fixed-wing programs, Ardiden 3TP is the natural choice." The Ardiden 3TP will be optimized for operation at medium and high altitudes, up to 45,000 feet, and be easy to operate -- thanks to a unique throttle and Full Authority Digital Engine and Propeller Control (FADEPC) controlling power and propeller pitch. MT-Propeller will contribute to the propeller. It is based on Tech TP, a Clean Sky 2 research and innovation programme validating the technologies necessary to develop a new-generation turboprop. Since June 2019, tests have progressed at a steady pace. Featuring a compact and lightweight architecture, Tech TP offers 15 per cent lower fuel consumption and CO2 emissions (over current engines). It is one of the first Clean Sky 2 demonstrators to enter its test phase. More than 20 partners from eight European countries are contributing to the project. The Ardiden 3 is a new-generation core engine in the 1,700 to 2,000 shp power range. Two EASA-certified models, the Ardiden 3C and 3G, have completed over 10,000 hours of tests, confirming high levels of design maturity and competitive operating and maintenance costs. In addition, more than 250 Ardiden 1 engines have flown over 200,000 hours. The Ardiden 3 features a remarkably compact modular architecture, a best-in-class power-to-weight ratio and a low cost-of-ownership. https://www.safran-helicopter-engines.com/media/safran-helicopter-engines-strengthen-its-european-team-around-ardiden-3tp-itp-aero-spain-20201001

  • French defense firms fête formidable profits in 2019

    March 2, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

    French defense firms fête formidable profits in 2019

    By: Christina Mackenzie PARIS – France's major defense companies are looking back at a strong 2019, thanks to a combination of exceptional contracts and the country's overall healthy economy, executives said this week. In the naval sector, Naval Group's orders shot up 44 percent to €5.3 billion ($5.8 billion) in 2019, taking the company's order book to a total of €15.1 billion ($16.6 billion). Of this, 38 percent is for the export market and 62 percent is for France. Roughly three quarters of the business were in the shipbuilding sector, with almost one quarter in services. These figures do not include the whole of the contract to build 12 submarines for Australia, “as this income will be shown as it is paid, tranche by tranche,” explained outgoing CEO Hervé Guillou. In addition, the group saw a 6 percent rise in EBIT (earnings before interest and taxes) to €282 million ($310 million) and a 3 percent rise in revenues to €3.7 billion ($4 billion). Guillou, who will be replaced as CEO in March by Pierre-Eric Pommellet, said his successor had four main challenges for the future: delivering the Suffren submarine; accelerating production in the face of Chinese competition; consolidating the group's international presence; and developing the workforce. In the land sector, revenues for Arquus, the French company which is the defense arm of Sweden's Volvo Group, rocketed 72.5 percent between 2017 and 2019. CEO Emmanuel Levacher said he was not allowed to give revenue and sales figures for Arquus, whose revenues are included in the Volvo “Group functions and other” column. However, those data show net sales for 2019 were SEK8.8 billion ($911.4 million), which means they are likely around the $660 million mark. Levacher was all smiles announcing “a very great year” that was “exceptionally rich,” remarking that “this is remarkable growth for an industrial company.” He said he expected the company to grow a further 10 percent in 2020. Exports accounted for 42 percent of the revenue. Levacher was able to put a figure on contracts signed in 2019: €1.2 billion ($1.3 billion) “mostly in Africa,” but also a tranche of €214 million ($235 million) in the framework of the CaMo contract with Belgium for 382 Griffon multirole armored vehicles and 60 Jaguar armored reconnaissance and combat vehicles to be delivered between 2025 and 2030. Levacher said contracts were also signed for “a few dozen” Sherpa and Dagger vehicles for the Middle East. He was optimistic for the future, remarking that “all of the French army's military trucks, whether they be 4×4s, 6×6s, 8×8s all need to be changed in the next five years.” He said the company had developed a specific truck to meet these needs as the call for tender will be published before the end of this year. In the defense-electronics sector, Thales's CEO Patrice Cain also described 2019 as “a good year in which we progressed.” Its EBIT rose 19 percent to slightly over €2 billion ($2.2 billion), “the first time we've gone over the symbolic bar of €2 billion,” he said. Defense accounts for 40 percent of the group's revenues. Order intakes in the defense and security sector rose a record 17 percent to €9.9 billion ($11 billion) while sales rose 6.4 percent, “a little higher than anticipated,” according to CFO Pascal Bouchiat, to €8.3 billion ($9 billion). These include Thales and Babcock winning the bid for the T31 frigate in the UK against BAE Systems. Bouchiat noted that “several multi-year contracts” had been signed “underpinning long-term growth” for the group. Finally, in the military-aircraft sector, Dassault Aviation recorded an order intake of €3.3 billion (against €2.7 billion in 2018), the bulk of which (€2.6 billion) was for France and includes the integrated support contract for the French Rafale over the next 10 years and an additional order for supplemental development and integration work concerning communications for the F4 standard of the aircraft. Net sales shot up 44 percent to €7.3 billion due to the record number of 26 Rafales delivered in 2019. CEO Eric Trappier said that in 2020 Dassault expected to deliver 13 Rafales and he saw a tendency of governmental authorities to buying the company's Falcon business jet for surveillance and reconnaissance missions. Trappier said that in 2020 the company would continue to try and export the Rafale and was notably working on the Finnish and Swiss fighter competitions. Both countries are expected to make their decisions in 2021. https://www.defensenews.com/global/europe/2020/02/28/french-defense-firms-fete-formidable-profits-in-2019

  • Italy plans to spend 8.2 billion euros on new tanks, sources say
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