Mattis says US will work more closely with Argentina

On the same subject

• 

  March 25, 2024 | International, Naval

  Eurodrone program bags fresh round of EU subsidies

  The four-nation effort, which aims for a maiden flight in 2027, is in line for €100 million from the European Defence Fund.

• 

  December 19, 2018 | International, Aerospace

  L3 Awarded Comprehensive F-16 Pilot Training Contract Valued at $350 Million

  – The USAF Contract Consolidates Multiple Training Programs Into a Single, Unified Program – NEW YORK--(BUSINESS WIRE)--Dec. 18, 2018-- L3 Technologies (NYSE:LLL) has been selected as the prime contractor for the F-16 Simulators Training Program (STP) by the U.S. Air Force. Valued at $350 million, the F-16 STP contract consolidates the previous F-16 Mission Training Center (MTC), F-16 Weapons and Tactics Trainer (WTT) Advanced Sustainment, and F-16 Training System (TS) programs into a single, unified program. “For more than four decades L3 has proudly developed pilots and expert technicians in support of U.S. Air Force F-16 weapons system operations,” said Christopher E. Kubasik, L3's Chairman, Chief Executive Officer and President. “This award demonstrates our ability to deliver comprehensive, world-class training solutions that support total air readiness.” Now in a prime contractor role, L3 was the incumbent on two of the three predecessor programs to the F-16 STP, including the F-16 MTC and F-16 TS. The company was awarded the F-16 MTC in 2008 through a competitive procurement. “By combining three different programs, F-16 STP will enable the U.S. Air Force to provide a more cost-effective approach to maintaining concurrency for the warfighter,” said Mike Swanger, Program Manager, F-16 Simulators, U.S. Air Force. “Our international allies will have the opportunity to benefit from our expertise in their own countries,” added Lenny Genna, President of L3 Link Training & Simulation. “We are proud to build on our long-standing partnership with the Air Force and look forward to being a key provider of F-16 training systems and services for many years to come.” Since 1986, L3 has provided the U.S. Air Force with state-of-the-art, high-fidelity F-16 training systems at both domestic and overseas locations. The company simultaneously ensures that the training systems remain concurrent with the fielded aircraft configurations to ensure the highest-quality training. L3's training systems support maintainers and aircrews across the globe. L3 Technologies is an agile innovator and leading provider of global ISR, communications and networked systems, and electronic systems for military, homeland security and commercial aviation customers. 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 2017 sales of $9.6 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20181218005778/en/ Source: L3 Technologies L3 Technologies Corporate Communications 212-697-1111 https://www.l3t.com/press-release/l3-awarded-comprehensive-f-16-pilot-training-contract-valued-350-million

• 

  July 12, 2018 | International, Aerospace

  Lockheed to double Patriot missile production as orders explode

  By: Jen Judson WASHINGTON — Lockheed Martin is planning to double its most advanced Patriot missile's production in the coming years to deal with exploding orders of the weapon from the U.S. Army and its allies, according to a company executive. The U.S. Army has dramatically increased its Patriot Advanced Capability-3 Missile Segment Enhancement, or PAC-3 MSE, orders to not just account for full-rate production of the missile but to increase the stockpile on hand as operations overseas continue to eat up the inventory. The MSE version has a larger, dual-pulse solid-rocket motor and larger control fins that double the missile's reach and improve performance against evolving ballistic and cruise missiles. Meanwhile, several new customers abroad have joined the ranks of Patriot air and missile defense owners to include Poland, Romania and Sweden this year. This includes the purchase of a number of the MSE missiles as part of the initial order. For example, Lockheed would build 576 PAC-3 MSEs just for the three European countries that recently signed on to buy Patriot. Romania plans to buy 168 PAC-3 MSEs for its Patriot system as part of its order. Poland wants to buy 208 of them. Sweden intends to buy 200. The reason for such an explosion in PAC-3 MSE buys is due to the proliferating threat both in the Middle East and in Europe as the U.S. and its allies remain embroiled in conflict in the Gulf region, and as European countries work to build up robust air defenses to deter Russia. By: Aaron Mehta A comparison of the U.S. Army's fiscal 2018 and fiscal 2019 budget justification documents show the service drastically increased its planned buys — in some cases more than doubling — across FY18 through FY22. The Army had planned to buy roughly 95 missiles per year from FY18 through FY22, but a year later the service increased the 2018 order from 93 to 240 to include those bought with overseas contingency operations funds. In FY19, the Army asked for 240 missiles again. And the base orders for the missile in FY21 and FY22 total 160 each year. The Army's plans to dramatically increase its PAC-3 MSE production going forward has seen unanimous congressional approval, although the final FY19 defense appropriations bill has yet to become law. House and Senate appropriators are fully funding the production of 179 MSE missiles in FY19 in the base budget. Lockheed is no longer selling its original PAC-3 missiles, but it is still producing them for one customer, according to Bob Delgado, director of international business development for integrated air and missile defense at Lockheed Martin, who spoke to Defense News in a recent interview at the defense conference Eurosatory in Paris. This means Lockheed can make room for PAC-3 MSE production, which received the go-ahead to move into full-rate production by the U.S. Army in April. “There is a lot of interest in [PAC-3 MSE], so much so we are doubling our capacity,” which equates to up to 500 of the missiles per year, Delgado said. This will likely mean adding an extra production line, he added. Lockheed is currently meeting the demand, Delgado said, “however, it is getting more difficult as more orders come in, and that is why we are foreseeing, along with the U.S. government, a point where we need to increase our capacity.” https://www.defensenews.com/land/2018/07/11/lockheed-to-double-patriot-missile-production-as-orders-explode/