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December 12, 2022 | International, Naval

HII boss sees mission tech business growing faster than shipbuilding

HII’s mission technologies business, expanded through acquisitions, now makes up about 25% of the company's sales.

https://www.c4isrnet.com/industry/2022/12/12/hii-boss-sees-mission-tech-business-growing-faster-than-shipbuilding/

On the same subject

  • India is one step closer to spending billions on new naval helicopters from US, allies

    August 28, 2018 | International, Aerospace, Naval

    India is one step closer to spending billions on new naval helicopters from US, allies

    By: Vivek Raghuvanshi NEW DELHI — India's Ministry of Defence's apex procurement body, the Defence Acquisition Council, approved procurement of naval multirole and naval utility helicopters, but induction will not be made anytime soon. MoD's DAC approved the purchase of 24 MH-60 Romeo multi-role helicopters from the U.S. through a foreign military sale at a cost of more than $2 billion. DAC also approved purchase of 111 naval utility helicopters, costing around $3.39 billion, to be built under the Make in India policy by domestic private companies in partnership with overseas original equipment manufacturers. But this is only budgetary approval for purchase of two types of naval helicopters; that budget has yet to be allocated, and no timeline has been set for when the procurement process would kick-start, said a senior MoD official. “The procurement of naval multirole helicopters will take at least three to five years, while induction of naval utility helicopters will take from eight to 10years,”he noted. Another MoD official said the budgetary allocation for the naval multirole helicopters would come in the next three to six months; thereafter MoD will issue a letter of request, or LOR, to the U.S. Department of Defense, outlining specific requirements., beginning negotiations. MoD plans to pursue the procurement of 111 naval utility helicopters under Make in India's strategic partners policy, under which choppers will be produced by selected private companies though a possible joint venture and technology transfer from foreign companies. No private defense company in India have produced helicopters before, which could create a lengthy selection process. In July last year, Indian Navy floated a request for information (RFI) to both domestic and foreign original equipment manufacturers, or OEMs, to participate in naval utility helicopter program. Foreign OEMs including Airbus Helicopters of France, Russian Helicopters of Russia, Lockheed Martin and Bell of United States have expressed interest in supporting procurement efforts. Domestic private defense companies Adani Group, Bharat Forge Ltd, Reliance Defence, Mahindra Aerospace and Tata Advanced Systems Ltd have also responded to the RFI to build naval utility helicopters in the country. https://www.defensenews.com/naval/2018/08/27/india-is-one-step-closer-to-spending-billions-on-new-naval-helicopters-from-us-allies

  • Boeing has another overrun on the KC-46, but its CEO says there’s reason for hope

    October 29, 2020 | International, Land

    Boeing has another overrun on the KC-46, but its CEO says there’s reason for hope

    Valerie Insinna   WASHINGTON — Boeing reported another $67 million charge on the KC-46 tanker program in third-quarter earnings disclosed Oct. 28, capping off a difficult quarter defined by continued hardships on its commercial side. The increase in KC-46 costs was “due to continued COVID-19 disruptions and productivity inefficiencies,” Boeing's chief financial officer, Greg Smith, told investors during an earnings call. However, Boeing CEO Dave Calhoun expressed confidence that the program would turn the corner in 2021 and become profitable for the company. “The tanker has been a drag on us for three or four years in every way you can think of with respect to investors,” he said. “But we are continuing to clear the hurdle with our customers with respect to its performance in their fleet and their need for that tanker. "That whole relationship, I believe, will begin to transition next year, and opposed to being a drag on our franchise — which it's been — I believe it will become a strength in our franchise.” Previous charges on the KC-46 program amount to about $4.7 billion — almost equal to the $4.9 billion sum of the company's firm fixed-price contract with the U.S. Air Force, which it signed in 2011. In July, a $151 million charge was attributed to the decline in commercial plane production driven by the COVID-19 pandemic. That slowdown has made it more expensive to produce commercial derivative planes like the KC-46, which is based on the Boeing 767 and made on the same production line in Everett, Washington. Overall, defense revenues slightly decreased to $6.8 billion “primarily due to derivative aircraft award timing,” the company said in a news release. But that impact paled in comparison to Boeing's commercial business, where revenues dropped from $8.2 billion in 2019 to $3.6 billion in 2020. As a result of those continued difficulties, the company plans to lay off an additional 7,000 workers by the end of 2021, Calhoun announced. At that point, Boeing's workforce will have been cut by almost 20 percent, down from 161,000 earlier this year to about 130,000 employees. Smith characterized 2020 has a “year of transition” for defense programs like the MQ-25, T-7 trainer and the Air Force One replacement, which are in development. Once those programs move into production, Boeing expects to see “modest growth,” he said. But Calhoun added that global defense spending is unlikely to greatly increase in the coming years, meaning that growth in Boeing's defense portfolio will be limited. “In fact, we believe there will be pressure on defense spending as a result of all the COVID-related spending that of course governments around the world have been experiencing,” he said. “I don't think we're looking at that world through rose-colored glasses. I expect real pressure on that market.” https://www.defensenews.com/industry/2020/10/28/boeing-has-another-overrun-on-the-kc-46-but-its-ceo-says-theres-some-reason-for-hope/

  • Marshall signs exclusive partnership with QinetiQ for C-130 armour

    July 22, 2020 | International, Land

    Marshall signs exclusive partnership with QinetiQ for C-130 armour

    July 16, 2020 - Marshall Aerospace and Defence Group (Marshall ADG) signed an exclusive agreement with QinetiQ to market, sell and install the latest generation of lightweight armour (LAST Armor® LWA) for the C-130 Hercules. The new armour is half the weight and offers air crew the same threat protection as the previous LAST Armor. It also saves fuel, reduces the impact on the aircraft's centre of gravity and allows the C-130-30 variant its full cargo carrying capacity. Marshall ADG will be the first company to certify the new lightweight armour on the C -130 aircraft. Marshall ADG's Sales Director, Matthew Harvey said: “Being able to offer C-130 operators a lightweight armour solution that provides the same level of threat protection as the current LAST Armor demonstrates our commitment to protecting people in critical situations, “Crew safety is paramount and critical to mission success and we're pleased to be able to provide this capability to customers through this partnership with QinetiQ." This increased operational capability allows air forces around the world to operate in hostile environments with the confidence that their crews are protected against small arms fire. Vice President of QinetiQ Inc., Dan Deguire, said: “Since 1995, LAST Armor has provided critical protection from small arms fire on hundreds of C-130J, C-130E/H, C-5, and C-17s, as well as several other aircraft platforms. We are excited to have this opportunity to partner with Marshall ADG to launch our next generation of improved lightweight armor products worldwide.” The armour is manufactured from high tenacity polyethylene, making it extremely robust, and approximately 380kg (840lbs) lighter than the current LAST Armor solution specifically on the C -130J. This, combined with its environmental coatings ensures that the armour remains relatively inert throughout its service life, even when operating within the harshest of environments. The armour can be quickly and easily installed during scheduled maintenance or as a standalone activity, thus ensuring optimum aircraft mission availability. View source version on Marshall ADG: https://marshalladg.com/insights-news/marshall-signs-exclusive-partnership-with-qinetiq-for-c-130-armour

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