August 1, 2018 | International, Naval
ROME (Reuters) - The French government continues to support Italian shipbuilder Fincantieri's (FCT.MI) takeover of STX France, finance minister Bruno Le Maire said on Wednesday, but cautioned against hastening a related defense naval merger.
Speaking in Rome after a meeting with the Italian government, he told journalists France had not changed its position on the deal, quelling concerns the takeover could be hampered by tenser relations between Paris and Italy's new anti-establishment government.
However, he warned against hastening a merger between Fincantieri and French military shipyards operator Naval Group which has been seen as a possible follow-up to the takeover of STX.
“It would not be wise” to discuss a defense merger now, Le Maire told reporters, stressing that this was not part of the deal reached in 2017.
Under the terms of that agreement between France and Italy, Fincantieri bought a 50 percent share in STX, but it took effective control of the French shipyards thanks to a 12-year loan of a 1 percent stake by the French state, which is subject to review clauses.
Relations between France and Italy have soured in recent weeks over spats on migrants and after the Italian government raised doubts on the TAV French-Italian rail link project which would connect Lyon and Turin.
Le Maire said after his meeting on Wednesday with Italian Deputy Prime Minister Luigi Di Maio that Paris was still waiting for Italy's position on the project.
February 29, 2024 | International, Land
The goal of the FORGE C2 effort is to evolve the current ground architecture, leveraging newer technologies and architecture approaches.
March 30, 2023 | International, Aerospace
“We currently are paying for a great capability, but we’re currently only getting a good capability fielded,” subcommittee chairman Rep. Rob Wittman said.
January 30, 2019 | International, C4ISR
Annapolis Junction, Maryland, January 29, 2019 – Lockheed Martin [NYSE:LMT] has been awarded a Prototype Project Agreement through an Other Transaction Agreement (OTA) with Consortium Management Group (CMG) on behalf of Consortium for Command, Control and Communications in Cyberspace (C5)valued at $18 million to design, develop and test a cyber/electronic warfare podded system for the “Air Large” component of the U.S. Army's Multi-Function Electronic Warfare (MFEW) family of systems program. Lockheed Martin created an open architecture system called Silent CROW™ that can be easily configured for a variety of airborne and ground platforms, such as a wing-mounted pod for Group 4 unmanned aerial systems. Silent CROW would enable U.S. soldiers to disrupt, deny, degrade, deceive and destroy adversaries' electronic systems through electronic support, electronic attack and cyber techniques. “Lockheed Martin's deep roots in cyberspace allow us to anticipate future threats while actively solving today's most complex cyber problems,” said Deon Viergutz, vice president of Lockheed Martin's Spectrum Convergence. “We're prioritizing the Army's critical needs by partnering with them and investing in new technologies that are scalable and affordable.” Lockheed Martin has decades of cyber and integrated electronic warfare experience, providing real-time situational awareness and countermeasure technologies to protect land, sea and air assets from attacks. The team has completed extensive internal research, development and testing on Silent CROW and will continue to evolve it's cyber and electronic warfare systems to meet the emerging needs of our DoD customers and overcome advances in adversary technologies. About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Distribution Statement A: Approved for Public Release. Distribution is Unlimited. https://news.lockheedmartin.com/2019-01-19-Lockheed-Martin-to-Develop-Cyber-Electronic-Warfare-Podded-System-for-US-Army