Back to news

November 16, 2023 | International, Land

Leonardo focuses on European alliances as it trims DRS stake in US | Reuters

Italy's Leonardo is trimming its stake in U.S. unit DRS as new CEO Roberto Cingolani looks to expand the state-controlled group with major roles in European defence projects.

https://www.reuters.com/business/aerospace-defense/leonardo-focuses-european-alliances-it-trims-drs-stake-us-2023-11-16/

On the same subject

  • The Pilot Project Podcast: Featuring Greg Juurlink on deploying with the Canadian Helicopter Force Afghanistan - Skies Mag

    October 10, 2023 | International, Aerospace, Security

    The Pilot Project Podcast: Featuring Greg Juurlink on deploying with the Canadian Helicopter Force Afghanistan - Skies Mag

    In episode 24 of the Pilot Project Podcast, Juurlink shares what it was like to deploy to fight in Afghanistan with CHFA.

  • U.S. Army Awards BAE Systems $45 Million Contract for Extended Range Cannon Artillery Prototype

    July 15, 2019 | International, Land

    U.S. Army Awards BAE Systems $45 Million Contract for Extended Range Cannon Artillery Prototype

    STERLING HEIGHTS, Mich.--(BUSINESS WIRE)--The U.S. Army has awarded BAE Systems a $45 million contract for the Extended Range Cannon Artillery (ERCA) Increment 1 prototype with the purpose of increasing the range and rate of fire on current and future M109A7 self-propelled howitzers. The development of ERCA is in collaboration with the Army's Combat Capabilities Development Command (CCDC) Armaments Center. This prototype phase will address capability gaps in the Army's indirect fire systems and improve the rate and range of fire with the development of power distribution software and hardware integration solutions. ERCA will be integrated onto the M109A7 and will require the M109A7's current 39-caliber turret to be replaced with a 58-caliber, 30-foot long gun barrel with the objective of creating firepower double the current range. “ERCA is a significant technological step forward for the Army's artillery portfolio,” said Scott Davis, vice president or programs, BAE Systems' Combat Vehicles business. “We were selected based on our years of experience in the development of self-propelled howitzer systems. Long-range precision fire is a top priority for the Army, and we are pleased to be a partner in efforts to equip soldiers with the latest technology.” The development program aims to provide the warfighter with extended range while maintaining the weight found in current systems to minimize performance impacts on the chassis. Under separate contracts, BAE Systems is also developing precision guidance kits with anti-jamming capabilities (PGK-AJ) that can operate in the challenging ERCA firing environment. PGK-AJ is compatible with existing and new long-range rounds for multiple firing platforms, including the M109 self-propelled howitzer. BAE Systems is currently producing the M109A7 configuration for the Army in the low-rate initial production phase. Development work on ERCA Self Propelled Howitzer will take place at the Army's Picatinny Arsenal and BAE Systems' facilities in York, Pennsylvania; Sterling Heights, Michigan and Minneapolis, Minnesota. https://www.businesswire.com/news/home/20190715005684/en

  • Bell, Leonardo to partner on tiltrotor helicopters

    February 29, 2024 | International, Land

    Bell, Leonardo to partner on tiltrotor helicopters

    The agreement follows a long partnership between the firms on the BA609 tiltrotor program, which ended in 2011.

All news