September 13, 2023 | International, Aerospace
India's Aeroflex Industries , whose metal hoses are used in utilities, refineries and fire fighting equipment, is in talks to enter the aerospace sector, a top company executive said, aiming to capitalise on the country's burgeoning space program.
May 15, 2023 | International, Land
Germany has placed an order worth 1.087 billion euros ($1.20 billion) for a further 50 Puma infantry fighting vehicles with Rheinmetall and Krauss-Maffei Wegmann (KMW), the Frankfurt-listed German arms maker said on Monday.
July 13, 2020 | International, Land
India is a top buyer of foreign weapons on the international market and Russia has been its main supplier since the Soviet era The June 15 clash between China and India in the contested Galwan Valley lends an urgency to New Delhi's arms programme Russia and the United States are racing to sell weapons to India as New Delhi seeks to boost arms supplies for its ongoing military tension with Beijing. The Indian government last week rushed to approve a proposal to acquire 33 new Russian warplanes for US$2.4 billion and upgrade 59 more, in addition to an earlier US$5.43 billion deal for S-400 air defence missile systems, after the deadly skirmish with Chinese troops last month on their disputed border. However, Russia's close relationship with China raised questions over Moscow's reliability by some in India, while the US, which has been stepping up ties with New Delhi through the Indo-Pacific strategy, has been pushing for arms sale to India. “Many believe that India must not put all its eggs in one basket, rather continue to follow the middle path by pushing for engagement with both Russia as well as the United States,” said Rajeswari Pillai Rajagopalan, a distinguished fellow and head of the Nuclear and Space Policy Initiative at the Observer Research Foundation in New Delhi. India is a top buyer in the international arms market, with billions of dollars of imports every year. In the past 10 years, it has spent more money on foreign weapons than any other country in the world, according to the Stockholm International Peace Research Institute. Russia has been the main supplier to India since the Soviet era. Since 2000, it has sold about US$35 billion worth of weapons, accounting for more than two-thirds of India's arms procurement of US$51 billion. Most of India's strategic weapons – from its only active aircraft carrier INS Vikramaditya with its ship-borne MiG-29 and Ka-31 aircraft, to its only nuclear attack submarine in service, the Chakra II, to its T-90 and T-72 main battle tanks – are from Russia. Additionally, Russia licensed Indian firm HAL to build the Su-30 MKI, the main fighter for the Indian Air Force, and contributed to India's only nuclear-capable supersonic cruise missile – the BrahMos. In comparison, arms deals with the US have totalled just US$3.9 billion over the past 20 years but America has been rapidly catching up since 2010 to rise to number two vendor to India, surpassing Israel and France. India has equipped its military with Boeing C-17 and C-130J airlifters. Earlier this year, Indian Prime Minister Narendra Modi pledged to US President Donald Trump to buy US$3 billion worth of US equipment, including helicopters, as the two converged on a course to counter China in the Indo-Pacific region, and gradually formed much closer military ties with a series of strategic military pacts Then the tension between India and China suddenly escalated, culminating in a clash on June 15, in which at least 20 Indian soldiers were killed in the contested Galwan Valley between Indian-administered Ladakh and Chinese administered Aksai Chin. The continued stand-off added urgency to India's arms shopping. “Russians profit from a Sino-India clash. I don't think the Americans would be so happy to see that,” said Zhou Chenming, a Beijing-based military analyst. “The Trump administration has been trying very hard to grab a bigger share in this market of billions every year, which they wouldn't want to miss.” The US has leverage. The 2017 Countering America's Adversaries Through Sanctions Act (CAATSA) punishes whoever engages in “significant transactions” over US$15 million with the Russian state-owned defence industry. And Washington has remained non-committal despite the constant request for an exemption from the Indian side. “I don't think the US will actually implement the sanction at the end of the day. That was part of the effort to pressure India to choose American arms over Russian,” said Song Zhongping, a military commentator in Hong Kong. “And Russia will not sit by. They will also take action to keep India on.” Other efforts include discussions earlier this year in which the US offered to develop for India a “super F-16”, and even transfer the production line to India as preferred by the Modi government, as well as other air defence missile alternatives to the S-400. The US has delivered Apache and Chinook helicopters now deployed in Ladakh. Song said India's buying spree could increase its strength against the Chinese army but only to a limited extent. “India could buy some advanced weapons but cannot buy real combat capability. A modern military is an organic system,” he said. https://www.scmp.com/news/china/diplomacy/article/3092710/russia-and-us-jostle-arms-sales-india-after-tensions-china
June 7, 2019 | International, Aerospace
NEW YORK--(BUSINESS WIRE)--Jun. 6, 2019-- L3 Technologies (NYSE:LLL) announced today that it has been competitively awarded the $499 million U.S. Air Force C-130H Avionics Modernization Program Increment 2 (AMP INC 2). Under the contract, L3 will design, produce and certify a state-of-the-art modernization solution for a fleet of 176 Air National Guard and Air Force Reserve C-130H aircraft to improve aircraft availability, reliability and sustainability while significantly reducing life-cycle costs. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190606005185/en/ L3's avionics and Communications, Navigation, Surveillance/Air Traffic Management (CNS/ATM) upgrade solutions are fully certified for airworthiness and CNS/ATM compliance, and are flying today with U.S. and international customers. (Photo: Business Wire) “L3 is committed to delivering innovative, cost-effective solutions to ensure mission readiness in support of the U.S. Air Force's modernization strategy,” said Christopher E. Kubasik, L3's Chairman, Chief Executive Officer and President. “We are focused on providing an agile and low-risk approach to modernizing the Air Force's diverse fleet of C-130s, enabling these assets to operate well into the future.” Modernization solutions will include integration of a commercial off-the-shelf avionics suite, as well as L3's training integration and services. Development, initial- and full-rate production will take place at L3's facility in Waco, Texas, on multiple C-130H variants, including the C-130H1, C-130H2, C-130H2.5, C-130H3 and LC-130H. “L3's aircraft modernization and modification capabilities are world-class,” said Jeff Miller, L3's Senior Vice President and President of its ISR Systems segment, which includes the Waco facility where work on the AMP will be centered. “Our skilled workforce and our unique 1.25-million-square-foot facility in Waco will provide differentiated capabilities for C-130H fleet longevity.” L3 has more than 65 years of experience as an aircraft systems integrator, including modernizing avionics for C-130 aircraft in the U.S. Air Force fleet and for international allies. The company's tailored C-130 solutions feature a modern cockpit and open-architecture solutions that integrate avionics from leading providers, and are fully certified for airworthiness and Communications, Navigation, Surveillance/Air Traffic Management (CNS/ATM) compliance. L3's aircraft modernization and modification facilities are capable of retrofit, modernization and production for both fixed- and rotary-wing aircraft, delivering a broad range of aerospace modification and integration solutions to keep international military, head-of-state, government and commercial customers safe and mission-ready. L3 supports aircraft of all types, sizes and missions, with industry-leading capability to provide complex aircraft conversions; maritime, ISR, command and control, and airborne systems missionization; depot fleet maintenance and modification; and highly customized design, integration and certification of mission subsystems and interiors. With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2018 sales of $10.2 billion. To learn more about L3, please visit the company's website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company's website and is readily accessible. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-Looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements. https://www.l3t.com/press-release/l3-modernize-avionics-us-air-force-c-130hs