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November 20, 2023 | International, Aerospace

Investors pump over $600 mln into defense funds as geopolitical tensions rise | Reuters

Investors piled into exchange-traded funds tracking defense companies since October in anticipation of increased military budgets in the U.S. and Europe due to rising incidents of geopolitical conflicts.

https://www.reuters.com/business/aerospace-defense/investors-pump-over-600-mln-into-defense-funds-geopolitical-tensions-rise-2023-11-20/

On the same subject

  • Companies unveil Eurodrone model at Berlin Air Show

    April 27, 2018 | International, Aerospace

    Companies unveil Eurodrone model at Berlin Air Show

    By: Sebastian Sprenger BERLIN ― Airbus, Dassault and Leonardo have revealed the first full-scale model of an envisioned European drone at the Berlin Air Show, upping the the visibility ― and scrutiny ― of a project meant to epitomize the continent's growing military profile. Thursday's mock-up unveiling was orchestrated with big fanfare on the tarmac of Schönefeld airport south of the German capital. Featuring climactic music, lights and dissipating smoke, the ceremony organizers were lucky enough to catch a momentary break between a hefty mix of rain showers, sunshine and wind gusts, considered typical April weather here. The medium-altitude, long-endurance aircraft rides on a twin-turboprop propulsion system and will come in a strike-capable configuration when it reaches the actual flying stage in the mid-2020s. Germany, France, Italy and Spain have a hand in the program, though only the first three are considered the principal main industry partners, with Germany's Airbus in the lead. Notably, companies are building the unmanned plane so it can operate immediately in the dense European airspace. Past practice of first acquiring a drone and later worrying about requisite certifications has proven to be problematic, especially for the Germans. The mock-up is based on a vehicle configuration agreed by the partner nations in mid-2017. In January, the program passed a systems requirements review, prompting another study phase that should last through 2018 and lead to another milestone, a “system preliminary design review,” the companies wrote in a statement. “While still a lot of work lies ahead of us, this full-scale model represents a first milestone of what Europe can achieve in a high-technology sector if it bundles its industrial strength and know-how,” said Dirk Hoke, CEO of Airbus Defence and Space. Hoke told reporters he views the approach to the drone as a learning experience for a new combat aircraft development that is on the horizon between Germany and France. In addition, he told Defense News there is some hope of redemption for problem-plagued projects of the past. For example, the European drone will come in one base configuration for all the countries that users can then move to expand, avoiding too many separate build types that came to haunt the A-400M, Hoke said. “This is a chance to prove that we can work in a different way together,” he said. One of the configurations will entail a strike package, though officials said they had yet to think about the particulars of that mission set. In an apparent nod to Germany, Hoke told Defense News that the combat capability would depend on political sensitivities in each user nations, and that customers can opt to solely install the reconnaissance features. Armed drones are a thorny subject in Germany, as the weapons conjure up images of the U.S. government's targeted killing of suspected terrorists, which many in the country reject. By the time the issue of armaments comes up for the Eurodrone, however, there may already be a resolution. That's because upcoming parliamentary decisions could lead to Germany's first-ever armed drone, the Heron TP, leased through Airbus from Israel. https://www.defensenews.com/industry/techwatch/2018/04/26/companies-unveil-eurodrone-model-at-berlin-air-show/

  • Safran va fournir des antennes Sparte 700 de télémesure à l'US Air Force

    February 3, 2022 | International, C4ISR

    Safran va fournir des antennes Sparte 700 de télémesure à l'US Air Force

    DÉFENSE Safran va fournir des antennes Sparte 700 de télémesure à l'US Air Force Safran Data Systems a été sélectionné par l'US Air Force pour la fourniture d'antennes de poursuite de télémesure de 7 mètres 30. Ces antennes seront installées à partir du second trimestre 2023 sur un site de l'US Air Force situé en Floride. Depuis 2017, plus de 40 antennes ont été livrées aux industriels du secteur aérospatial et aux organismes de la défense américaine par l'entreprise. « Gr'ce à ces antennes de télémesure, Safran démontre sa capacité à fournir des équipements innovants qui participent à l'amélioration et à la modernisation des capacités de tests de l'armée pour soutenir des scénarios d'essais en vol toujours plus nombreux et plus complexes » commente Ray Munoz, président de Safran Data Systems. « Ces dernières années, nous avons considérablement développé nos activités aux États-Unis et nous sommes très fiers de livrer des antennes de télémesure construites, assemblées et testées depuis notre site américain ». Basé en Géorgie (Etats-Unis), Safran Data Systems est un leader dans l'instrumentation d'essais, la télémesure et les communications spatiales. L'entreprise propose notamment des solutions complètes d'acquisition, d'enregistrement et d'exploitation des données pour les essais en vol ainsi que des équipements et solutions pour le suivi des satellites. Zonebourse du 2 février

  • CSAF Goldfein’s Top COVID-19 Supply Chain Worry: F-35

    April 23, 2020 | International, Aerospace

    CSAF Goldfein’s Top COVID-19 Supply Chain Worry: F-35

    Goldfein said up to now no major programs have shown any signs of being "in a critical state ... at risk of cancellation" due to the COVID-19 coronavirus pandemic. By THERESA HITCHENS WASHINGTON: Gen. Jay Raymond, as head of Space Command, will lead efforts to determine how to combat expected interference with GPS receivers from the future Ligado 5G wireless mobile communication network, says Air Force Chief of Staff Gen. David Goldfein. “We are both very concerned about this,” Goldfein told the Defense Writers Group this morning. “The best way I've heard it described ... is, if you're in a room trying to have a quiet conversation, and in the next room you've got a 500-watt speaker blaring music. Chief Raymond and I are looking at different mitigation steps,” he added. “It's a huge challenge.” Goldfein explained that, as the SPACECOM commander, Raymond is the combatant commander charged with spectrum management so any mitigation plan would be primarily his responsibility — with Goldfein serving a support function as the service chief. However, he noted that, since Raymond is dual-hatted as chief of Space Force, the two peers “will work together closely with the Chairman of the Joint Chiefs of Staff to provide options” to DoD Secretary Mark Esper. Much of Goldfein's conversation with reporters this morning centered on the affects of the COVID-19 pandemic on the service and its programs, as well as his service's responses. A few weeks ago the service went through what he called a “reset to the new normal” as senior officials worked out methodologies to ensure its highest priority missions could be maintained “despite a 15 to 20 percent infection rate.”

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