Back to news

September 17, 2018 | International, Naval

Fincantieri, Leonardo, tussle over acquisition ahead of French tie-up

By:

ROME — Italy's two state-controlled defense champions, Leonardo and Fincantieri, have fought an unusual battle over the acquisition of a smaller company as they jockey for position ahead of their expected integration of naval work with French industry.

Shipyard Fincantieri thought it had sewn up the purchase of Italian firm Vitrociset in August, only for Leonardo to snatch it from under its nose on Sept. 7, leaving the Italian government to step in to mediate.

The tussle between two firms that both answer to the Italian state and closely cooperate on naval programs around the world is due to new rivalry as both edge toward teaming on naval programs with France's Naval Group.

The Italo-French deal is still being thrashed out, but may see a 10 percent share swap between Naval Group and Fincantieri and joint export campaigns to reduce the fractured nature of the European shipbuilding industry.

The deal automatically involves Leonardo since it provides electronics, guns and radars for Fincantieri's ships. But Leonardo CEO Alessandro Profumo has expressed concerns that regarding ships built or marketed jointly by Fincantieri and the French, his systems may be overlooked in favor of those produced by Thales, which is a shareholder in Naval Group.

Full article: https://www.defensenews.com/industry/2018/09/14/fincantieri-leonardo-tussle-over-acquisition-ahead-of-french-tie-up

On the same subject

  • Army to outfit all Double V-Hull Strykers with 30mm firepower

    May 2, 2019 | International, Land

    Army to outfit all Double V-Hull Strykers with 30mm firepower

    By: Jen Judson WASHINGTON — The Army has decided to outfit all of its brigades equipped with Double V-Hull A1 Stryker Infantry Carrier Vehicles with 30mm guns following an evaluation of the vehicle equipped with the cannons in Europe, according to an Army official. The service plans to open up a competition to integrate and field up-gunned DVHA1, the official told Defense News on background. The Army Chief of Staff Gen. Mark Milley and the Army Requirements Oversight Council decided on March 20to equip future Stryker brigades with 30mm Medium Caliber Weapon System (MCWS) capability after reviewing lessons learned from the 2nd Cavalry Regiment in Europe, but also directed the Army to ensure that the new MCWS capability be applied to the more mobile, better protected DVH ICVVA1 that will be the basis for the future Stryker fleet, according to the official. Based on an urgent operational need out of Europe, the Army was provided emergency funding from Congress in 2015 — a little over $300 million — to rapidly develop and field a Stryker with a 30mm cannon specifically for the 2nd Cavalry Regiment, which is permanently stationed in Germany. The funding covered development, eight prototypes and upgrades to 83 production vehicles, as well as spares. The Army spent 18 months to put together its upgunned Stryker using off-the-shelf solutions, such as the remote turret, from Kongsberg in Norway, and the 30mm cannon from Orbital ATK and shipped those vehicles off to Europe for an evaluation that went on for the better part of a year. The plan going forward is to execute a competition in two phases to select a 30x173mm-equipped MCWS integrated onto a Stryker DVH ICVVA1, the official said, which will lead to equipping the first brigade with a new capability in fiscal year 2022. Army Contracting Command released a Request for Quote to begin the first phase of the Stryker MCWS program on April 9. The recent request called for integration designs. The Army will award up to seven design integration study contracts for potential vendors to study integrating a MCWS onto a Stryker ICVVA1 platform. The Army will supply both a Stryker platform and the XM813 30mm cannon to build production representative system samples, the official said. The service will then circulate a draft request for proposal this fall to begin the second phase of the program, which will establish a full-and-open competition to award a production contract for a MCWS integrated onto an ICVVA1, which will be based on vendors' production representative system samples and proposals. The MCWS will be part of a suite of lethality improvements for Stryker formations which include the Common Remote Operated Weapons Station-Javelin (CROWS-J) — that was also on the Stryker ICV Dragoon in Europe — and the Stryker Anti-Tank Guided Missile Vehicle (ATGM) engineering change proposal program. The Army is also developing a host of other capabilities for the Stryker through the Army Futures Command Cross-Functional Team initiatives, according to the official. Col. Glenn Dean, the Stryker program manager, told Defense News last fall that between early user testing in 2018 and subsequent fieldings, there had been an overall “very positive response” to the lethality and effectiveness of the Stryker ICVD. “The cannon provides a tremendous standoff and additional maneuver space, and it is very effective against the threats they are concerned about in Europe,” he said. But some feedback suggested that the physical layout of the vehicle could use some improvements, particularly when it came to situational awareness. The turret for the cannon takes up a lot of roof and hatch space and also affects how equipment is stowed. But the Army was already making modifications to the Dragoon based on feedback from the field, according to Dean. It is unclear what the specific requirements might be for a more lethal Stryker, but one factor up for debate could be whether there is a need to reload and operate the turret under armor, which could change the physical nature of the vendors' designs. Another issue to work out is what is necessary for a field-of-view inside the vehicle and how that might be achieved and who might control the cameras providing a view of the battlefield. Soldiers in the Stryker ICVD noted a lot of dead zones where users couldn't see. The Army made improvements to the cameras used on the vehicles in Europe providing an overlapped field-of-view. https://www.defensenews.com/land/2019/05/01/army-to-outfit-all-double-v-hull-strykers-with-30mm-firepower/

  • Aerojet Rocketdyne to Provide ULA's Vulcan Centaur Key Propulsion for Next Generation of Air Force LSP

    August 11, 2020 | International, Aerospace

    Aerojet Rocketdyne to Provide ULA's Vulcan Centaur Key Propulsion for Next Generation of Air Force LSP

    The U.S. Air Force selected United Launch Alliance (ULA) as one of two launch service providers under the National Security Space Launch Phase 2 Launch Services Procurement (LSP). Aerojet Rocketdyne will provide two RL10 rocket engines to power the upper stage of ULA's Vulcan Centaur launch vehicle, as well as the thrusters that control the stage while in flight and the composite overwrapped pressure vessels that store gases required for operation of the launch vehicle. “Aerojet Rocketdyne congratulates ULA on its selection and we look forward to providing our highly reliable RL10 engine on the Vulcan,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Aerojet Rocketdyne has supported the nation's most important national security space missions for decades. We will now bring the RL10 engine's tremendous record of mission success to support the next generation of American National Security Space Launch missions. Under the LSP contract, ULA will support approximately 60% of missions starting in 2022 and continuing through the next five years. The RL10 engine's outstanding performance and reliability has made it the upper-stage engine of choice for the nation. Built in West Palm Beach, Florida, the RL10 engine is currently used to power the upper stages of ULA's Delta IV and Atlas V rockets, and has supported earlier versions of those vehicles dating back to the early 1960s. The flight-proven RL10 engine provided the upper-stage propulsion to place hundreds of military, civil and commercial satellites into orbit and has sent spacecraft on their journeys to explore every planet in our solar system. The RL10 engine has been continuously upgraded throughout its service life with recent efforts focused on incorporating additive manufacturing to enhance affordability while maintaining its unequaled performance. “With 500 engines flown in space, the RL10 has an unmatched reputation worldwide,” added Drake. “We look forward to continuing our strong partnership with ULA as we provide an advanced RL10 engine for Vulcan.” Source: United Launch Alliance Date: Aug 8, 2020 https://www.asdnews.com/news/aerospace/2020/08/08/aerojet-rocketdyne-provide-ulas-vulcan-centaur-key-propulsion-next-generation-air-force-lsp

  • BAE Systems awarded Next Generation Launcher design contract

    July 7, 2023 | International, Land

    BAE Systems awarded Next Generation Launcher design contract

    The company will support the NSPO to design and deliver prototype deck launching systems to support the U.S. Navy and allied countries with the ESSM ship self-defense system.

All news