January 21, 2024 | International, Aerospace
Private-equity firm acquires aviation firm Kaman for $1.8 billion
Kaman, known for its K-MAX helicopter and KARGO UAS, will become a privately held company upon its sale to a private-equity firm.
October 8, 2020 | International, C4ISR
Meggitt Training Systems changes name to InVeris Training Solutions
WASHINGTON ― The live-fire and virtual weapons training company Meggitt Training Systems is rebranding to InVeris Training Solutions, the company announced Wednesday.
The Suwanee, Ga., firm, is shedding the name of its former parent company, Meggitt Plc., which sold the former subsidiary to private investment firm Pine Island Capital Partners LLC for $146 million in July. The new name is meant to connote trust and integrity, the company said.
Pine Island's partners include former former U.S. Sen. Saxby Chambliss, former Chairman of the Joint Chiefs of Staff Adm. Mike Mullen, former Senate Minority Leader Tom Daschle, former House Minority Leader Dick Gephardt and former Undersecretary of Defense for Policy Michele Flournoy.
Partner Clyde Tuggle, a former Coca-Cola executive, serves as interim CEO for InVeris, and Chambliss ― a partner at Pine Island ― is non-executive chairman for InVeris.
Chambliss, now with Washington law firm DLA Piper, represented Georgia as a Republican and served on the armed services and intelligence committees before retiring from Congress nearly six years ago. He became aware of the company now known as InVeris while serving in Congress and said it was a natural fit for Pine Island because of his partners' backgrounds in the defense space.
“We clearly understood at the time of the purchase back on July 1 that we were buying a company that is the gold standard when it comes to providing training for the United States military as well as to international clients in the same arena,” Chambliss said.
“Going forward, we think that clearly we have the opportunity, number one, to provide the resources to what is now known as InVeris to expand from a technology standpoint the products that we have been making for years, and to further develop and bring those products into the 21st Century.”
The company, which employs roughly 450 people, will retain its ownership of its legacy brands, FATS (a line of virtual systems) and Caswell technologies.
The company continues to work on the U.S. Army's Engagement Skills Trainer II contract and Squad Advanced Marksmanship-Trainer program, as well as the U.S. Marine Corps' Indoor Simulated Marksmanship Trainer, according to Vice President of Strategy, Sales and Marketing Andrea Czop. It's also fielded derivatives of those systems to the Navy and Air Force.
The company has fielded over 15,000 live-fire ranges and 5,100 virtual training systems globally in its 90-year history. It also has clients in more than 55 countries―including programs of record in Canada, Australia and the U.K. for more than 25 years.
Foreign sales are key to its growth plans, company executives say.
“We continue to be very active with all those international customers, and we're growing,” said Czop. “There are a lot of opportunities for us right now, and the focus is our international strategy.”
On the same subject
-
-
July 23, 2020 | International, Aerospace
Rafale coming in! How Rafale fighter jets fare against the Chinese PLAAF fighters?
Updated: Jul 22, 2020 8:43 AM The PAF had acquired the F-16 Fighting Falcons a couple of years before. This time around, with the induction of the Rafale, does the IAF need more than a catchy tag line to keep the PLAAF at bay? By Wing Commander Amit Ranjan Giri “The balance rests on us”–this was the catchphrase of the IAF when the first MiG 29 thundered down and took to the skies in Pune, in the mid-eighties, heralding the parity in new generation fighter jets between the PAF and IAF. The PAF had acquired the F-16 Fighting Falcons a couple of years before. This time around, with the induction of the Rafale, does the IAF need more than a catchy tag line to keep the PLAAF at bay? As Group Captain Harkirat and his boys land the latest fighting machines at Ambala, five in all, two twins seaters (RB series) and three single-seaters (BS series), they propel the IAF to another level of air fighting capability, one which would enhance itself with the acquisition of all 36 Rafales and associated weaponry in the near future. An interesting trivia about IAF fighters is that, Russian fighters generally come in huge crates and are assembled in India whereas most ‘western' fighters are flown in, from the OEM country. This, by no means, indicates that the incoming Rafales would be able to take on the enemy immediately, it would take the IAF a little time before these jets are operationalised with a plethora of weaponry, the earlier the better. How does the Rafale fare against the Chinese fighters? The Rafales' main contender in the PLAAF would be the Chengdu J-20 and if produced and operationalised the Shenyang J-31, both are highly rated by the Chinese media and pitched as fifth-generation stealth fighters against the Rafales' 4.5 generation lineage. That having been said, the Chinese fighters' capabilities are only on paper, much of them are yet to be demonstrated or proven. True, the Rafale lacks stealth but is built around the low RCS philosophy whereas, though the J-20 proclaims itself as a proponent of stealth the ‘canards' in front and additional external hardpoints for extra fuel tanks would shatter much of its claims in this department. Just to clear the air around stealth – absolute all aspect stealth is a myth, at least as of now. Aeroplanes claiming stealth are actually low observables depending on their aspect – the way they look to the enemy sensors- never invisible from all direction. The IAF has been known to pick up Chinese J-20s on their Su 30 radars earlier. Engine, weapons and avionics: who gets the better score? With limited internal capacity of weapons and no ‘supercruise' capability as yet, the Chinese contenders do have a lot to live up to. The Rafale, in this aspect, delivers what it promises – low RCS, excellent weapon carriage capability – albeit external and supercruise – the ability to go supersonic without afterburners. When it comes to avionics, all three aircraft would pitch ‘neck to neck'. All boast of one of the most advanced radars – the Active Electronically Scanned Array (AESA) and all three have equivalent avionics suites onboard. However, it is yet to be seen if the Chinese have been able to integrate these technologies to match, compute and present the desired data – a capability which leapfrogs an aircraft to the next level. The Rafale's SPECTRA defensive aids system is a classic example of this – processing and amalgamating information from various sensors to safeguard the aircraft. The SCALP and Meteor are some of the goodies in the Rafale package for the IAF. Whilst the former is a ground attack precision weapon, the latter, is one of the best BeyondVisualRange (BVR) air to air missiles available at present. The J-20 in comparison carries the PL series of missiles with the PL 15 matching up with the Meteor in terms of range. As per the last reports, the PL 21 with enhanced range was yet to be operationalised. Pedigree versus Pariah, who wins? The Rafale comes from an ancestry of well-known fighters which Dassault has produced and earned their place in the annals of history. If western intelligence reports are to be believed the Chinese fighters have been an attempted copy of the F 22 Raptor and the F 35 Lightning, curtsy hackers who had managed to steal substantial amount of data from the US servers. Apart from the privileged pedigree the Rafale is also combat-proven – Libya, Iraq and Syria were all contemporary conflicts wherein the French fighter has been able to earn a name for itself. The Chinese fighters, in contrast, are yet to be proven in battle, as far as the J-31 goes there are doubts if the machine has gone beyond the prototype stage as yet. The J-20, on the other hand, does enjoy an edge over its single-engined cousin, it has entered the production stage and rumours of about one squadron of this type with PLAAF has surfaced in the intelligence circle. All the above being said it needs to be appreciated that no comparison of fighting machines can be justified with data on paper – a lot goes in exploiting platforms during the war and a major portion of the winning effort comes from other non-tangible factors – the side which exploits the entire spectrum generally lands up on the victorious side. https://www.financialexpress.com/defence/rafale-coming-in-how-does-rafale-fighter-jets-fare-against-the-chinese-plaaf-fighters/2031381/
-
May 6, 2022 | International, Land
French military receives initial batch of new Serval armored vehicles
The upgrades are part of France's multibillion-euro Scorpion program, which aims to field a new set of combat and transport vehicles to the armed forces.