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April 25, 2023 | International, Aerospace

Joby Aviation lands $55 million contract from US Air Force

Electric aircraft maker Joby Aviation will deliver up to nine air taxis to the U.S. Air Force under a $55 million contract extension that marks the company’s first revenue-generating operations, the company announced on Tuesday.

https://www.reuters.com/business/aerospace-defense/joby-aviation-lands-55-million-contract-us-air-force-2023-04-25/

On the same subject

  • Great Britain procures Rheinmetall Mission Master – Cargo

    April 17, 2020 | International, Land

    Great Britain procures Rheinmetall Mission Master – Cargo

    April 16, 2020 - Her Majesty's Armed Forces have ordered four Rheinmetall Mission Master robotic vehicles. Configured for transporting cargo, these unmanned ground vehicles will form part of the United Kingdom's Robotic Platoon Vehicle programme. This programme is designed to determine the extent to which unmanned vehicles can boost the combat effectiveness and capabilities of dismounted troops at platoon level. The four Mission Master – Cargo vehicles will be delivered throughout the spring of 2020. In addition, the scope of supply comprises two stretcher systems that can be integrated into the cargo vehicle in just 60 seconds. The order, which was placed at the end of 2019, also includes training and service support, as well as spare parts. The vehicles will be supplied by Rheinmetall Canada, with Rheinmetall BAE Land Systems providing on-location support services in its capacity as cooperation partner. Robotics is already changing the modern battlefield. A modular unmanned ground vehicle (UGV), Rheinmetall's new Mission Master enhances the combat performance of soldiers deployed on the ground in numerous ways. The Mission Master's artificial intelligence and robotic brawn mean that it can execute a multitude of dull, dirty, and dangerous tasks that troops would otherwise have to perform themselves, letting them get on with the most important thing of all: their core mission. The Mission Master – Cargo system reduces the combat load soldiers have to carry, boosting their mobility and efficiency. Its flexible stowage concept and robust design let the Mission Master – -Cargo shoulder a payload of up to half a ton of supplies, tactical kit, or medical equipment Ready for action, the Mission Master can operate in autonomous or semiautonomous mode as a fully-fledged member of the combat team. The Mission Master platform is designed for maximum flexibility, and can be readily adapted for a wide variety of different missions thanks to modular build-ons specially engineered for quick installation. Potential applications include surveillance, protection, evacuation of casualties, firefighting, and CBRN reconnaissance and detection. It can also serve as a mobile radio relay station. Speed, scalable autonomy, and proven high mobility in all types of terrain combine to make the amphibious Mission Master a powerful, highly reliable comrade of dismounted forces operating in small groups. View source version on Rheinmetall : https://rheinmetall-defence.com/en/rheinmetall_defence/public_relations/news/latest_news/index_23616.php

  • Major Brazilian bank ceases financing for local defense industry

    February 4, 2024 | International, Security

    Major Brazilian bank ceases financing for local defense industry

    "Without this, it’s impossible to close contracts. The effect of this measure can be catastrophic."

  • UK MoD gets budget boost of more than $1B with three programs in mind

    October 30, 2018 | International, Naval, C4ISR

    UK MoD gets budget boost of more than $1B with three programs in mind

    By: Andrew Chuter LONDON — Britain's Ministry of Defence has been given a £1 billion (U.S. $1.28 billion) spending boost in the Treasury budget announcement Oct. 29, with Chancellor Philip Hammond suggesting the money would be mainly spent on three strategic military programs. Hammond said the additional money would be available in the coming months. Cyber, anti-submarine warfare and the Dreadnought nuclear submarine build program all got named as destinations for the extra cash. “As a former defense secretary myself I understand the immediate pressure our armed forces are facing, so today I will provide £1 billion to cover the remainder of this year and next to boost our cyber, and anti-submarine warfare capacity and to maintain the pace of the Dreadnought program,” Hammond told Parliament. The increase caught many by surprise. Defence Secretary Gavin Williamson has been battling with Hammond for months for extra cash, but a massive funding commitment to the National Health Service made new funds toward security seem unlikely. Jon Louth, the director for defence, industry and society at the Royal United Services Institute think-tank in London said the additional funding was good news, but fell well short of what is required. “It's welcome, but comes nowhere near addressing the potential funding gap if you add up all the programs in the equipment plan. It does appear to be a significant increase in percentage terms, although the devil will be in the detail,” he said. The RUSI analyst said the outcome was “better than we expected a few months ago. Politically people will be chalking that up as a win for Williamson in the context of the wider government budget. One billion pounds is a win,” he said. Louth cautioned against getting too hung up on the chancellor's announcement about where the extra cash will be spent. “I suspect when we come to see how the money is used next year it will potentially be a little different from the chancellor's headlines today,” he said. Defense consultant Alex Ashbourne Walmsley of Ashbourne Strategic Consulting said the new money was a “sticking plaster, but it will buy the MoD a bit more time to work out how to do more with less.” Earlier this year the MoD received a total of £800 million in funds to keep the program to build four Trident missile equipped Dreadnought nuclear submarines on track. Some £600 million of that cash came from a £10 billion contingency fund set aside by the government for the Dreadnought program. Ashbourne-Walmsley described the Dreadnought program as a “money pit.” The MoD is trying to bridge a funding gap in its £179 billion 10-year equipment plan. The black hole is put at anywhere between £4 billion and £20 billion by the National Audit Office, the government's financial watchdog. The final figure is dependent, in part, on how effective an ongoing efficiency drive is at the MoD. The MoD budget for this year is £36.6 billion with 15.6 percent of that spent on equipment procurement and 18.7 percent on support. The Conservative government is committed to increasing equipment spending in real terms by 0.5 percent a year until 2020. A long running review, known as the Defence Modernisation Program, has been looking at how British armed forces can adapt and transform to meet the changing and growing military threat, while at the same time balancing the books — an effort that could require capability cuts in several areas. Publication of that report has already been kicked down the road a couple of times. Although Williamson may announce something before the end of the year, analysts and industry executives expect little of substance ahead of a comprehensive spending review due to take place across all government departments next year. Hammond appeared to say as much today when he told Parliamentarians the modernisation review will “form the basis for a comprehensive consideration of defense spending next year.” “The Modernizing Defence Program is increasingly tied into the comprehensive spending review and the 10-year equipment plan in 2019. We might get a whitepaper in late winter or early spring to set up some of the themes but the details won't be out until beyond April,” said Louth. Some industry executives though are starting to wonder if the modernization program could be published even by April. One executive who asked not to be named, said he wondered whether the comprehensive spending plan might be the trigger for a full blown strategic defense review, particularly if Brexit goes badly and the economy takes a big hit. https://www.defensenews.com/global/europe/2018/10/29/uk-mod-gets-budget-boost-of-more-than-1b-with-three-programs-in-mind

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