January 3, 2024 | International, Land
European nations team up to buy Patriot missiles in $5.5 billion deal
If all options are exercised, the four states will procure a joint quantity of up to 1,000 Patriot Guidance Enhanced Missiles.
July 16, 2018 | International, Naval
Governments receive plans for industrial tie-up between Fincantieri, Naval Group
By: Pierre Tran
PARIS — France and Italy received in June plans for industrial cooperation from shipbuilders Fincantieri and Naval Group, the spokeswoman for the French Armed Forces Ministry said.
“The governments concerned received the proposals from the companies and these proposals are being studied,” Valérie Lecasble said July 12, replying to a question from Defense News.
That delivery last month met a timetable for the Italian and French shipbuilders to pitch their plans for an industrial alliance in building warships and cooperating in export sales. Submarines are excluded from that proposed cooperation.
Naval Group is pursuing that link up with “great determination,” a company spokesman said.
Meanwhile, a 36-page report from ADIT, a partially state-owned company working in economic intelligence, has painted a “highly negative” picture of the compliance and ethics of Fincantieri, business paper La Tribune reported July 12. That ADIT report is circulating in the French Economy and Finance Ministry and the offices of the Armed Forces Minister, the report said.
There is also a report from the DGSE foreign intelligence service that cites “doubtful practices” Fincantieri's commercial matters. That DGSE report has been handed to the French prime minister's office, as well as the two French ministries.
The business model for the proposed Franco-Italian deal is seen by Naval Group as similar to the partnership between French carmaker Renault and its Japanese ally Nissan, in which there is close cooperation but the two are separate companies.
That proposed cross-border collaboration would seek synergies by pooling research, development and the procurement of equipment, and by cooperating on export offers in a bid to cut competition between the two companies.There would also be a cross shareholding of some 10 percent between the two companies.
It remains to be seen how the two partners have brought into the plan the French and Italian systems companies Thales and Leonardo, respectively, which supply electronics for warships. Thales holds a 35 percent stake in Naval Group, with the majority of the remainder owned by the French state.
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December 6, 2022 | International, Aerospace
Bezos' space company teams with Lockheed, Boeing for NASA moon lander pitch
Jeff Bezos' space company Blue Origin is partnering with Boeing Co and Lockheed Martin Corp to pitch a lunar lander to NASA as the agency seeks to send humans to the moon again, the companies announced on Tuesday.
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January 18, 2023 | International, Aerospace
CAE USA continues Fixed-Wing Flight Training Service with U.S. Army
CAE announced today that CAE Defense & Security has been awarded the competitive re-compete for Fixed-Wing Flight Training Service by the United States Army. The contract provides comprehensive initial and recurrent training for more than 600 U.S. Army and U.S. Air Force fixed-wing pilots annually. The firm-fixed-price award has an approximate total value of US$250 million through 2032 distributed from an initial base period and seven single-year options. “We are honored that the U.S. Army has once again selected the CAE Dothan Training Center to support the readiness of their future fixed-wing aviators,” said Dan Gelston, Group President, CAE Defense & Security. “The training center is a prime example of delivering live, virtual and constructive training with adaptive technologies and agile learning to deliver the highest quality instructional solutions to our military customers.” CAE Defense & Security has provided Army Fixed-Wing training at the company-owned company-operated Dothan Training Center in Alabama since the initial contract award in 2016. The state-of-the-art facility, near the U.S. Army’s Aviation Center of Excellence (USAACE) at Fort Rucker supports initial and recurrent training for transitioning Army rotary-wing aviators and Army initial-entry fixed-wing students. “CAE provides a world-class training program that balances academics, simulation, and aircraft flight training,” said Merrill Stoddard, Vice President and General Manager, CAE Defense & Security Readiness Solutions. “We leverage modern training solutions to deliver scenario-based training specific to the Army’s fixed-wing requirements.” The Fixed-Wing Flight Training Service program features academic, simulation and aircraft flight training, including the CAE Trax Academy which augments the current ground-based training assets with self-paced virtual and augmented reality (VR/AR) training in both the C-12 and Grob G-120TP. CAE also provides Grob G120 TP flight training devices and a suite of desktop trainers and courseware in addition to a fleet of C-12U King Air aircraft owned and maintained by the U.S. Army and operated by CAE instructors to deliver C-12 King Air aircraft flight training.