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May 19, 2024 | International, Land

In data: Romania's defence modernisation strategy  - Army Technology

An analysis of Romania's defence sector, covering budgetary surges, procurement strategies, and market dynamics.

https://www.army-technology.com/news/in-data-romanias-defence-modernisation-strategy/

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  • Dassault et Airbus ne trouvent pas d'accord, le projet d'avion de combat européen SCAF repoussé ?
  • Financial pressures on Boeing’s commercial biz results in another $155M charge for the KC-46 tanker

    July 30, 2020 | International, Aerospace

    Financial pressures on Boeing’s commercial biz results in another $155M charge for the KC-46 tanker

    By: Valerie Insinna WASHINGTON — Boeing must pay another $151 million out of its own pocket for the KC-46 program, but this time the charge isn't associated with technical problems that have plagued the tanker's development. While Boeing announced its second-quarter earnings Wednesday, it said the KC-46 charge was “primarily driven by additional fixed-cost allocation resulting from lower commercial airplane production volume due to COVID-19.” In short, because Boeing's commercial plane production has slowed down, it's costing more to produce the KC-46, a derivative of the Boeing 767 airliner that is manufactured on the 767 production line in Everett, Washington, and converted into a military tanker. Greg Smith, Boeing's chief financial officer, said with the ramp down of production on some commercial airliners, certain fixed costs have been transferred to other programs. “That's essentially what took place with tanker,” he told reporters during a media roundtable. “It was notable on tanker because of the margin that we're booking on, and therefore turned it into a reach-forward loss. There was impact on some of the other [commercial derivative] programs, but it was not really material at all.” Boeing is locked into paying any costs associated with the KC-46 that exceed the $4.9 billion firm fixed-price ceiling on its 2011 contract with the U.S. Air Force. The latest charge means Boeing will have spent more than $4.7 billion in company funds on the KC-46 program — almost equivalent to the Air Force's own investment in the program. But Smith pointed to the lack of performance-related losses for the KC-46 this quarter as a sign that the program is progressing. “We've still got a lot of work to do, but [we're] making good progress,” he said. Despite the tanker charge, Boeing's earnings for its defense and space sector were a bright spot for the company, which continues to grapple with financial distress caused by the coronavirus pandemic's impact on the travel industry and the ongoing grounding of the 737 Max. Boeing Defense, Space & Security logged $7 billion in new orders this quarter, including an award for three additional MQ-25 tanker drones for the U.S. Navy and 24 AH-64E Apache helicopters for Morocco. During a call with investors, Boeing CEO Dave Calhoun said the defense market remains healthy and that recent contracts “underscore the strength of our offerings.” https://www.defensenews.com/industry/2020/07/29/financial-pressures-on-boeings-commercial-biz-results-in-another-155m-charge-for-the-kc-46-tanker/

  • Contract Awards by US Department of Defense - January 3, 2019

    January 4, 2019 | International, Aerospace, Naval, Land, C4ISR, Security

    Contract Awards by US Department of Defense - January 3, 2019

    DEFENSE INTELLIGENCE AGENCY Fulcrum IT Services LLC, Centreville, Virginia, has been awarded a labor-hour contract (HHM402-19-C-0012) with a ceiling amount of $128,003,638 for all-source intelligence analysis and operational support services to the Joint Intelligence Operations Center–Korea (JIOC-K), U.S. Forces Korea and six divisions in Korea. Work will be performed in the Republic of Korea with an expected completion date of July 13, 2024, if all options are exercised. Fiscal 2019 operations and maintenance funds in the amount of $10,000,000 are being obligated at time of award. This contract was a competitive acquisition and seven offers were received. The Virginia Contracting Activity, Washington, District of Columbia, is the contracting activity AIR FORCE Defense Research Associates Inc.,* Beavercreek, Ohio, has been awarded an $11,098,274 cost-plus-fixed-fee contract for research and development. This contract provides research and development to transition technologies related to long-duration multispectral sensor technology utilizing radiation from numerous sources to obtain warfighter objectives/advantages. Work will be performed in Dayton, Ohio, and is expected to be complete by January 6, 2025. This award is the result of a Small-Business Innovation Research Phase III request for proposal. Fiscal 2018 research and development funds in the amount of $200,000 are being obligated at time of award. Air Force Research Laboratory, Wright-Patterson Air Force Base, Ohio is the contracting activity (FA8650-19-C-1600). Northrop Grumman Corp., Aerospace Systems, Azusa, California, has been awarded a $7,688,550 contract option modification (P00029) to contract FA8810-15-C-0001 for Defense Support Program (DSP) on-orbit satellite and anomaly resolution support. This support provides root-cause analysis as a key component of the lifetime extension of DSP. Work will be performed in Azusa, California; Aurora, Colorado; and Colorado Springs, Colorado, and is expected to be completed by Sept. 30, 2019. Fiscal 2019 operations and maintenance funds in the amount of $7,688,550 are being obligated at the time of award. Total cumulative face value is $108,244,260. Space and Missile Systems Center, Peterson Air Force Base, Colorado, is the contracting activity. Awarded on Dec. 31, 2018. ARMY Torch Technologies Inc., Huntsville, Alabama, was awarded an $8,802,273 modification (000043) to contract W31P4Q-09-A-0021 for engineering, integration, test and analysis. One bid was solicited with one bid received. Work will be performed in Huntsville, Alabama, with an estimated completion date of Nov. 30, 2019. Fiscal 2019 research, development, test and evaluation funds in the amount of $8,802,273 were obligated at the time of the award. U.S. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity. CORRECTION: The contract announced on Jan. 2, 2019, for $60,736,752 to O'gara-Hess & Eisenhardt Armoring Co. LLC,* Fairfield, Ohio, has not been awarded. No award date has been determined at this time. *Small business https://dod.defense.gov/News/Contracts/Contract-View/Article/1723912/source/GovDelivery/

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