Japan to relax export curbs to allow overseas sales of joint jet fighter

On the same subject

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  November 30, 2020 | International, Land

  Textron Systems readies all-electric Ripsaw M5 UGV

  by Melanie Rovery Textron Systems has developed an all-electric version of the Ripsaw M5 unmanned ground vehicle (UGV). Delivery of the platform for experimentation and trials will take place in 2021. The Textron Systems-led team, selected by the US Army in January 2020, are to provide four Robotic Combat Vehicles – Medium (RCV-M) with the Ripsaw M5 offering. In addition to the baseline hybrid electric drive (HED) platform, the team will also be delivering an all-electric version called the Ripsaw M5-E. The US Army Combat Capabilities Development Command Armaments Center (CCDC, also known as DEVCOM) will receive an M5-E in a flat-deck configuration to support weapons integration testing. Deliveries will start in the second quarter of 2021. The Ripsaw M5 platform is designed and built by Textron Systems' subsidiary Howe and Howe Inc, drawing from the latter's experience in UGV and specialty vehicle development. Despite Howe and Howe's knowledge, there are common issues associated with HED and electric drive (ED) development. One concern is ensuring there is sufficient battery capacity to power the electric motors. A Textron spokesperson told Janes that the company's experience “has allowed us to continually refine our [ED] systems and incorporate these lessons learned into the M5-E, which is designed to provide an all-electric test bed for our customer”. Future challenges for the HED/ED include electric efficiency and charge rates. Textron believes this will be mitigated by improved technology. “Our current solution leverages increased fuel efficiency and is enabled by agile logistics, ensuring adequate fuel is available,” the spokesperson explained. https://www.janes.com/defence-news/news-detail/textron-systems-readies-all-electric-ripsaw-m5-ugv

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  February 7, 2024 | International, Land

  Saudi Arabia signs $3.2B deal for South Korean air defense systems

  The two countries also inked a memorandum of understanding to further strengthen defense cooperation.

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  June 11, 2018 | International, Aerospace

  LOCKHEED MARTIN ANNOUNCES $100 MILLION VENTURE FUND INCREASE

  BETHESDA, Md., June 7, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced the doubling of its venture capital fund to $200 million and recent investments in early-stage companies focused in the areas of autonomy and advanced manufacturing. "Our focus is on finding and investing in companies developing cutting-edge technologies that will grow our business and disrupt our industry," said Chris Moran, vice president and general manager of Lockheed Martin Ventures. "We're developing long-term strategic partnerships with companies and helping them navigate through the early stages of product development while leveraging our decades of experience working with government customers." Enabled by tax reform legislation, Lockheed Martin Ventures is focusing the additional $100 million on early-stage companies in the areas of sensor technologies, autonomy, artificial intelligence and cyber. With the fund's latest investment, Lockheed Martin expanded its relationship with nTopology, creator of ELEMENT, an emerging software technology in the high-growth additive and advanced manufacturing sectors. "Our investment in nTopology will bring strategic advantages in Lockheed Martin's computational design processes and help shorten the periods between the design and manufacturing phase," said Moran. The increase in the venture fund is part of $460 million that Lockheed Martin is investing as a direct result of tax reform savings. The tax reform legislation enables Lockheed Martin to make investments that improve its global competitiveness, including investing in transformative technologies that will bring lasting benefits to customers, employees and communities. The company is making additional investments enabled by tax reform savings, including: $200 million additional investments in capital expenditures and research and development in 2018 $100 million in employee training and educational opportunities over the next five years $50 million investment in science, technology, engineering and math (STEM) education enrichment, including the establishment of a new Lockheed Martin STEM Scholarship Fund $10 million for the launch of the Lockheed Martin Innovation Prize competition More details of Lockheed Martin's investments enabled by tax reform legislation can be found here. About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. SOURCE Lockheed Martin https://news.lockheedmartin.com/2018-06-07-Lockheed-Martin-Announces-100-Million-Venture-Fund-Increase