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December 19, 2023 | International, Aerospace, Naval, Land, C4ISR, Security

Denmark, U.S. reach defence agreement

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  • Huntington Ingalls Industries Awarded $936 Million Contract to Build Navy Destroyer

    July 6, 2020 | International, Naval

    Huntington Ingalls Industries Awarded $936 Million Contract to Build Navy Destroyer

    Pascagoula, Miss., June 30, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries' (NYSE: HII) Ingalls Shipbuilding division has been awarded a $936 million contract for the construction of an additional Arleigh Burke-class (DDG 51) Flight III destroyer for the U.S. Navy. In 2018, Ingalls was awarded a $5.1 billion fixed-price incentive, multiyear contract for construction of six Arleigh Burke-class Flight III destroyers for the U.S. Navy. “We take great pride in the craftsmanship of our shipbuilders, and in the capabilities of our world-class shipyard,” Ingalls Shipbuilding President Brian Cuccias said. “This contract award provides great momentum for Ingalls and our more than 600 suppliers, in nearly 40 states, as we enter the second half of the year. We continue to focus on high performance and providing the greatest value possible to our customers.” Ingalls has delivered 32 destroyers to the Navy and has four more under construction including Frank E. Petersen Jr. (DDG 121), Lenah H. Sutcliffe Higbee (DDG 123), Jack H. Lucas (DDG 125) and Ted Stevens (DDG 128). Ingalls delivered Delbert D. Black (DDG 119) to the Navy in April. Arleigh Burke-class destroyers are capable, multi-mission ships and can conduct a variety of operations, from peacetime presence and crisis management to sea control and power projection, all in support of the United States' military strategy. These guided missile destroyers are capable of simultaneously fighting air, surface and subsurface battles. These ships contains myriad offensive and defensive weapons designed to support maritime defense needs well into the 21st century. About Huntington Ingalls Industries Huntington Ingalls Industries is America's largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII's Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII's Technical Solutions division supports national security missions around the globe with unmanned systems, defense and federal solutions, nuclear and environmental services, and fleet sustainment. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit: HII on the web: www.huntingtoningalls.com HII on Facebook: www.facebook.com/HuntingtonIngallsIndustries HII on Twitter: www.twitter.com/hiindustries HII on Instagram: https://www.instagram.com/huntingtoningalls/ Statements in this release, as well as other statements we may make from time to time, other than statements of historical fact, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause our actual results to differ materially from those expressed in these statements. Factors that may cause such differences include: changes in government and customer priorities and requirements (including government budgetary constraints, shifts in defense spending, and changes in customer short-range and long-range plans); our ability to estimate our future contract costs and perform our contracts effectively; changes in procurement processes and government regulations and our ability to comply with such requirements; our ability to deliver our products and services at an affordable life cycle cost and compete within our markets; natural and environmental disasters and political instability; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures, and strategic acquisitions; adverse economic conditions in the United States and globally; changes in key estimates and assumptions regarding our pension and retiree health care costs; security threats, including cyber security threats, and related disruptions; and other risk factors discussed in our filings with the U.S. Securities and Exchange Commission. There may be other risks and uncertainties that we are unable to predict at this time or that we currently do not expect to have a material adverse effect on our business, and we undertake no obligation to update or revise any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make. CONTACT INFORMATION Teckie Hinkebein Manager of Media Relations (228) 935-1323 teckie.hinkebein@hii-co.com View source version on Huntington Ingalls Industries: https://newsroom.huntingtoningalls.com/releases/huntington-ingalls-industries-awarded-936-million-contract-to-build-navy-destroyer

  • IAI ELTA Awarded 125 Million-Dollar Contract for Czech Mobile Air Defence Radar (MADR) Program

    December 6, 2019 | International, Aerospace, C4ISR

    IAI ELTA Awarded 125 Million-Dollar Contract for Czech Mobile Air Defence Radar (MADR) Program

    December 5, 2019 - ELTA Systems, a subsidiary of Israel Aerospace Industries (IAI), announced that a Government-to-Government (GTG), contract has been signed today in Prague, by the International Defense Cooperation Directorate (SIBAT), at the Israel Ministry of Defense and the Czech Ministry of Defense. The agreement was signed for the Czech Mobile Air Defense Radar (MADR), program and comprises eight ELTA ELM-2084 Multi-Mission Radars (MMR) with air surveillance, air defense, and artillery capabilities. IAI's ELTA will assume the role of prime contractor. The MADR systems will be delivered, tested, licensed and accepted in operational condition during 2021-2023 in the Czech Republic, and will be adapted to operate in accordance with Czech and NATO command and control systems. The Israeli party will transfer state-of-the-art technology and know-how. The program also includes a substantial contribution from Czech industries, amounting to 30% of the contract value. The cooperation with local companies will apply to all parts of the program including design, manufacturing, assembly, integration, testing and life-time maintenance of the systems. Certain security components will be manufactured locally, including advanced Gallium Nitride (GaN) radar modules, as well as auxiliary sub-systems such as trucks and camouflage nets. This agreement is part of the ongoing and excellent cooperation between the two countries on the political, industrial, defense and homeland security levels. Yoav Tourgeman, IAI VP and CEO of ELTA, stated “The MADR program expands the global use of the ELM- 2084 MMR radar, known as the "Iron Dome" system radar, which currently includes over 100 systems contracted worldwide (including NATO countries). We are proud and honored to supply the best combat proven multi-mission radar to the Czech armed forces. These radars will propel forward the Czech Air-force capabilities and enable to confront the most advanced aerial threats. We believe that MADR program pave the path to additional cooperation between the Israeli and Czech defense industries. Director of SIBAT, Brig. Gen. (Ret.), Yair Kulas: “I applaud the agreement that was signed today with the Czech Ministry of Defense. Today is monumental for the State of Israel due to the history of the Czech support for the State of Israel, since its establishment 70 years ago. This agreement will deepen and strengthen the cooperation and relations with our Czech partners. It is an expression of confidence in the capabilities of the Israeli defense establishment and defense industries and highlights the significance of Israeli technology in the face of the threats shared by the international community. We hope to see this agreement opening the door for further cooperation with our Czech partners and with additional NATO states.” View source version on IAI : https://www.iai.co.il/iai-elta-awarded-125-million-dollar-contract-czech-mobile-air-defence-radar-madr-program

  • Pacific force’s wish list seeks $11 billion more than defense proposal

    March 20, 2024 | International, Land

    Pacific force’s wish list seeks $11 billion more than defense proposal

    Indo-Pacific Command says it faces an $11 billion funding gap for regional military construction, space programs, munitions and Guam missile defenses.

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