Contracts for October 18, 2021

On the same subject

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  April 17, 2020 | International, Land

  Nammo signs major ammunition contract with Sweden

  April 16, 2020 - Nammo has signed a contract with the Swedish Defence Materiel Administration for delivery of small caliber ammunition worth SEK 670 million. Covering deliveries from 2020-22, the contract builds on a framework agreement signed in 2017, and will enable to Swedish Armed Forces to strengthen its levels of training and readiness. ”We are honored that the Swedish Armed Forces have placed their trust in us as their primary supplier of small caliber ammunition. Customers like Sweden accept only the best, and also have some very specific requirements that we have to fulfil, so in our view this is a major achievement by Nammo's product and manufacturing teams,” said Reijo Bragberg, Nammo's Executive Vice President for Small and Medium Caliber Ammunition. This contract is the second issued under the 2017 framework agreement, and covers six different ammunition types, both for training and combat. Going forward, Nammo is looking to expand its cooperation with the Swedish government in line with the strategic partnerships it has developed with both of Sweden's Nordic neighbors. Nammo CEO Morten Brandtzæg sees this kind of collaboration between industry and governments as essential in dealing both current and future security challenges. ”Recent events have again underscored the need to ensure security of supply in all situations, ranging from peace to crisis, conflict and even war. In our view this relies on both industry and governments cooperating more closely, and we stand ready to support from our side,” said Brandtzæg. Related / Contacts Endre Lunde Endre Lunde Press Contact Senior Vice President, Communications endre.lunde@nammo.com +4790853270 View source version on NAMMO: https://www.nammo.com/newsroom/#/pressreleases/nammo-signs-major-ammunition-contract-with-sweden-2991652

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  October 29, 2019 | International, Aerospace

  Pentagon and Lockheed Martin reach agreement reducing F-35A cost by 12.8 per cent

  The F-35 Joint Program Office and Lockheed Martin finalized a US$34 billion agreement for the production and delivery of 478 F-35s at the lowest aircraft price during the history of the program. This contract includes all U.S., international partners and foreign military sales aircraft in Lots 12, 13 and 14. In the agreement, the F-35 Enterprise meets and exceeds its long-stated cost reduction targets for each variant – and the F-35A unit price, including aircraft and engine, is now below US$80 million in both Lot 13 and Lot 14, the F-35A unit cost represents an estimated overall 12.8 per cent reduction from Lot 11 costs for the conventional landing variant, and an average of 12.7 per cent savings across all three variants from Lot 11 to 14. “Driving down cost is critical to the success of this program. I am excited that the F-35 Joint Program Office and Lockheed Martin have agreed on this landmark three-lot deal. This agreement achieves an average 12.7 per cent cost reduction across all three variants and gets us below US$80 Million for a USAF F-35A by Lot 13 — one lot earlier than planned,” said Air Force LGen Eric Fick, F-35 program executive officer. “This US$34 billion agreement is a truly historic milestone for the F-35 Enterprise.” The agreement includes 291 aircraft for the U.S. Services, 127 for F-35 international partners, and 60 for F-35 foreign military sales customers. Price details include: F-35A — Lot 12: US$82.4M; Lot 13: US$79.2M; Lot 14: US$77.9M; % reduction from Lot 11: 12.8 per cent F-35B — Lot 12: US$108M; Lot 13: US$104.8M; Lot 14: US$101.3M; % reduction from Lot 11: 12.3 per cent F-35C — Lot 12: US$103.1M; Lot 13: US$98.1M; Lot 14: US$94.4M; % reduction from Lot 11: 13.2 per cent “With smart acquisition strategies, strong government-industry partnership and a relentless focus on quality and cost reduction, the F-35 Enterprise has successfully reduced procurement costs of the fifth generation F-35 to equal or less than fourth generation legacy aircraft,” said Greg Ulmer, Lockheed Martin, F-35 program vice-president and general manager. “With the F-35A unit cost now below US$80 million in Lot 13, we were able to exceed our long-standing cost reduction commitment one year earlier than planned.” The sub US$80 million unit recurring flyaway cost for an F-35 represents an integrated acquisition price for the fifth generation weapon system. With embedded sensors and targeting pods, this F-35 unit price includes items that add additional procurement and sustainment costs to legacy fourth generation aircraft. Program Progress With more than 450 aircraft operating from 19 bases around the globe, the F-35 is playing a critical role in today's global security environment. More than 910 pilots and 8,350 maintainers have been trained, and the F-35 fleet has surpassed more than 220,000 cumulative flight hours. Eight nations have F-35s operating from a base on their home soil and seven services have declared initial operating capability. In addition to strengthening global security and partnerships, the F-35 provides economic stability to the U.S. and international partners by creating jobs, commerce and security, and contributing to the global trade balance. The F-35 is built by thousands of men and women in America and around the world. With more than 1,400 suppliers in 46 states and Puerto Rico, the F-35 Program supports more than 220,000 direct and indirect jobs in the U.S. alone. The program also includes more than 100 international suppliers, creating or sustaining thousands of jobs. https://www.skiesmag.com/press-releases/pentagon-and-lockheed-martin-reach-agreement-reducing-f-35a-cost-by-12-8-per-cent

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  February 3, 2021 | International, Aerospace

  Turkey launches F-16 life-extension program amid lack of replacement aircraft

  By: Burak Ege Bekdil   ANKARA, Turkey — Turkey's procurement and defense authorities have launched a program designed to increase the structural life of the country's existing fleet of F-16 Block 30 jets from 8,000 flight hours to 12,000, the country's top procurement official announced. Ismail Demir, who leads the Presidency of Defence Industries, wrote in a Feb. 2 tweet that the comprehensive upgrade program would involve revisions, renewals, replacements and body reinforcement. “The upgrades will cover 1,200 to 1,500 parts per aircraft,” Demir said. Caglar Kurc, a Turkish defense analyst, said the upgrade program indicates Turkey's intention to keep the F-16s as its main aerial firepower until the country completes work on its planned indigenous fighter jet. “In addition to the F-16s, [armed and unarmed] drones could be used to support, particularly, anti-terror missions,” Kurc said. Turkey has been seeking options for a new-generation fighter after it was suspended from the American-led, multinational Joint Strike Fighter program that builds the F-35 Lightning II. Turkish Aerospace Industries will perform the structural upgrades for the F-16s as part of an ongoing upgrade program. TAI is currently building 30 new F-16 Block 50+ aircraft for the Turkish Air Force and is running an upgrade program covering more than 160 F-16 Block 30/40/50 aircraft. Turkey's indigenous fighter program, dubbed TF-X (or MMU in its Turkish acronym), has been crawling over the past years due to technological failures and issues with know-how transfers. Turkish engineers must first select an engine for the planned aircraft before finalizing the design phase. TAI has been in talks with British engine-maker Rolls-Royce for engine know-how and co-production, but a final contract has yet to emerge. https://www.defensenews.com/air/2021/02/02/turkey-launches-f-16-life-extension-program-amid-lack-of-replacement-aircraft/