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October 24, 2023 | International, Aerospace

Companies lobby Congress to approve $1 billion ‘hedge portfolio’

In an Oct. 24 letter, drafted on behalf of 63 companies, the Silicon Valley Defense Group calls on lawmakers to fully fund the provision.

https://www.defensenews.com/battlefield-tech/2023/10/24/companies-lobby-congress-to-approve-1-billion-hedge-portfolio/

On the same subject

  • Iranian MOIS-Linked Hackers Behind Destructive Attacks on Albania and Israel

    May 21, 2024 | International, Security

    Iranian MOIS-Linked Hackers Behind Destructive Attacks on Albania and Israel

    Iranian threat actor Void Manticore (Storm-0842) has been identified as the culprit behind destructive wiping attacks targeting Albania and Israel.

  • Indra provides the Spanish Army with the most advanced helicopter simulator in Europe

    October 30, 2019 | International, Aerospace

    Indra provides the Spanish Army with the most advanced helicopter simulator in Europe

    October 25, 2019, Spain - Indra, one of the leading multinational technology and consulting companies, has delivered the most advanced helicopter flight simulator in Europe to the Spanish Army. It is the NH90 training system, which contributes to the training of pilots of the three army corps and has been installed at the Héroes del Revellín base in Agoncillo (La Rioja, Spain) as part of the Helicopter Simulation Center (CESIHEL) of the Aviation Academy of the Spanish Army (ACAVIET). The official reception of the system took place this morning in an act chaired by the General Director of Armament and Material (DIGAM), Admiral Santiago Ramón González, in the presence of the Logistic Support Command Chief of the Spanish Army (JEMALE), Lieutenant General Ramón Pardo de Santayana, various Army commanders, and the General Director of Indra, Ignacio Mataix. The NH90 simulator is Indra's new "crown jewel" in simulation. With its launch, the company strengthens its position in the global military simulation market that has grown steadily in recent years and in 2017 generated around 10.8 billion dollars. Indra is positioned ahead of its competitors as a candidate to meet the training needs of the 13 countries and 18 users who have the NH90, both in Europe and the rest of the world. The use of synthetic training systems is essential in preparing pilots of an aircraft equipped with the most complex systems, greatly reducing training times and increasing safety while lowering costs. Indra's simulator recreates with maximum fidelity and realism all the missions in which a military pilot can participate. It has been specially designed for tactical training. On board, pilots can prepare for real operations before carrying them out in their deployments. Remote virtual network training This new system will be integrated into the Army's simulator network, allowing its pilots to carry out joint training missions with other helicopter simulators found in other army bases such as the CH-47D Chinook, the AS532 Cougar, the EC135 or the EC665 Tiger attack helicopter. This means all the pilots will share the same scenario and can train together, regardless of being separated by hundreds of kilometers. The new system represents a decisive commitment to innovation and development of proprietary technologies by the Spanish Ministry of Defense. It ensures top-quality training for pilots of this multipurpose helicopter, the most advanced of its kind in the world, as it is an aircraft designed to carry out missions ranging from tactical transportation and medical evacuation, to special operations, and naval, antisubmarine and electronic combat. About Indra Indra (www.indracompany.com) is one of the leading global technology and consulting companies and is a technology partner for the key business operations of its clients worldwide. It is a leading global supplier of proprietary solutions in specific segments of the Transportation and Defense markets, and a leading company in digital transformation and Information Technology consulting in Spain and Latin America through its subsidiary, Minsait. Its business model is based on a comprehensive offer of its own products, with an end-to-end approach, high-value and a high innovation aspect. In 2018 financial year, Indra achieved revenue of 3.104 billion, with 43,000 employees, a local presence in 46 countries and business operations in more than 140 countries. View source version on Indra: https://www.indracompany.com/en/noticia/indra-provides-spanish-army-advanced-helicopter-simulator-europe

  • Secretive New Skunk Works UAS Set For Ground Testing Soon

    February 12, 2021 | International, Aerospace, C4ISR

    Secretive New Skunk Works UAS Set For Ground Testing Soon

    Steve Trimble A secretive new unmanned aircraft system (UAS) designed by the Lockheed Martin Skunk Works is poised to enter ground testing “imminently,” a Lockheed Martin spokeswoman said on Feb. 11. The UAS known only as “Speed Racer” is awaiting the pending delivery of engines supplied by Technical Directions Inc. (TDI), a Michigan-based small turbojet supplier that was acquired in 2019 by Kratos Defense and Security Solutions, the spokeswoman said. A Lockheed official disclosed the Speed Racer project during a Sept. 16 press briefing, but provided few details. The name itself is an acronym, but none of the words have been released. The UAS is intended to validate a new digital engineering system within Lockheed called StarDrive. Heeding the U.S. Air Force's call to unite digital engineering tools across the design, manufacturing and sustainment phases of a new weapon system, Lockheed built the StarDrive to reduce the time and cost of producing and operating new flight vehicles for the military. Despite its name, Lockheed has emphasized that the concept is not necessarily about producing a fast UAS. The link to the StarDrive program may imply that “Speed Racer” is a reference to the pace of design and production. The only clear fact about Speed Racer is that it is powered by multiple engines made by TDI, which suggests a smaller vehicle. TDI's product portfolio consists of four turbojets with diameters between 4.5-8.5 in., and power ratings between 30-200-lb. thrust. Along with Florida Turbine Technologies—another Kratos acquisition—TDI is seeking to “disrupt the [small] engine market over the next few years,” said Eric Demarco, Kratos' chief executive officer, during a Jan. 13 virtual presentation to investors and analysts. https://aviationweek.com/defense-space/aircraft-propulsion/secretive-new-skunk-works-uas-set-ground-testing-soon

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