Back to news

December 24, 2018 | International, Land

MPF Light Tank Profits Estimated ~$495M: Byron Callan

By

The Army's said it wants 504 of the MPF light tanks. But analyst Byron Callan is betting that either the Marine Corps or foreign buyers (or both) add another 106, bringing the total to 610 machines.

WASHINGTON: Tis the season to buy... tanks?

When you Google any kind of military hardware, odds are the autocomplete algorithm will suggest “....for sale.” Of course, pricing weapons systems isn't actually so straightforward. Whatever autocomplete may think, you can't actually buy a fighter jet or tank online, and trying to buy one anywhere as a private individual is a good path to prison. The Pentagon announces budget figures and contract values, but how do you figure out what a program will cost before that data's public?

One of our favorite defense industry analysts, Capital Alpha's poetically named Byron Callan, just came up with an estimate for the Mobile Protected Firepowerprogram. The Army just announced Monday that established armsmakers BAE Systems and General Dynamics will build competing prototypes of the new armored vehicle, with a final winner picked in 2022.

Now, MPF is effectively a light tank to accompany airborne troops and other infantry where the massive M1 Abrams cannot go. The Army's said it wants 504 of the vehicles, 14 per infantry brigade (both active-duty and National Guard) plus spares and training vehicles. But Callan is betting that either the Marine Corps or foreign buyers (or both) add another 106 tanks, bringing the total to 610 machines.

Full article: https://breakingdefense.com/2018/12/mpf-light-tank-profits-estimated-495m-byron-callan

On the same subject

  • More than $41.4-billion in spending goes without Commons committee review
  • Spain’s Indra gets a key role in new Eurofighter radar development

    August 17, 2020 | International, Aerospace, C4ISR

    Spain’s Indra gets a key role in new Eurofighter radar development

    Sebastian Sprenger COLOGNE, Germany — Spanish defense contractor Indra is joining Germany's Hensoldt as a co-lead in the development of a new radar for the Eurofighter warplane, the company announced. The news comes after the German parliament in June approved a contract award to aircraft manufacturer Airbus worth almost $3 billion for a new version of the active electronically scanned array radar, dubbed Captor-E. More than half of that investment will go to sensor specialist Hensoldt, a former Airbus subsidiary. The contract is aimed at retrofitting roughly 130 German and Spanish aircraft in the mid-2020s, according to Hensoldt. Officials in Europe have billed the radar upgrade as a key prerequisite for keeping the Eurofighter relevant for future missions and possible sales — including ongoing acquisition decisions in Finland and Switzerland. Indra becoming the co-lead for the Captor-E's follow-on generation, dubbed Eurofighter Common Radar System Mk1, represents a boost to the company's prospects when it comes to developing a new generation of air warfare equipment. “The contract will allow Indra to create long-term highly-skilled jobs, in addition to reinforcing its technological expertise and role as a key supplier in the field of airborne sensors, as well as the leader of the Sensors technological pillar within the FCAS program,” the company wrote in a statement, referring to the German-French-Spanish Future Combat Air System program. The pairing of Hensoldt and Indra for the fully digitized Mk1 version of the radar represents something of a fork in the road for the aircraft's radar developments. To date, the “Euroradar” consortium — made up of Leonardo's British and Italian arms as well as Hensoldt and Indra — has overseen technology development for the multinational fighter program through the Captor-E, or Mk0, version. Kuwait and Qatar also purchased Mk0 upgrades for their respective Eurofighter fleets, though the Mk1 version is slated to go only into Spanish and German planes. The British military has said it wants its own sensor for the fleet of Royal Air Force Typhoons, reportedly with more specialized performance in the areas of air-to-ground and electronic warfare, as well as with an eye on connectivity to the American-made F-35 fighter jet. Italy has yet to declare which way it wants to go, meaning Leonardo stands to lose a lead role in the Mk1 development. The ongoing industrial teaming arrangements for the Eurofighter radar, complete with hedging and betting on political developments, can be seen as a precursor for a similar dynamic in Europe's race for a next-generation air weapon. The United Kingdom is spearheading the development of the Tempest fighter jet as a competition to the mainland's FCAS proposal. For Airbus, a co-lead in the project with France's Dassault, the Eurofighter is something of a test bed and bridging technology on the way toward more futuristic weaponry. https://www.c4isrnet.com/global/europe/2020/08/14/spains-indra-gets-a-key-role-in-new-eurofighter-radar-development/

  • Navy to Update 2 Dry Docks to Accommodate Ford-Class Carriers

    September 3, 2019 | International, Naval

    Navy to Update 2 Dry Docks to Accommodate Ford-Class Carriers

    By: Ben Werner Only one of the Navy's 18 dry docks used for maintaining the nuclear-powered carrier fleet can support a Ford-class carrier, Navy officials told USNI News. Dry Dock 8 at the Norfolk Naval Shipyard can handle a Ford-class carrier, but only after a temporary cooling water systems is set up. A permanent cooling water system and other upgrades to Dry Dock 8 are scheduled to occur before USS Gerald R. Ford (CVN-78) enters its first planned dry dock availability, Anna Taylor, a Naval Sea Systems Command spokeswoman, told USNI News in an email. The Navy also plans to upgrade a West Coast dry dock to handle the future USS John F. Kennedy (CVN-79), Taylor added. Mike Petters, chief executive of Huntington Ingalls Industries, whose Newport News Shipbuilding yard is the sole builder of aircraft carriers for the U.S. Navy, said in a conference call with analysts earlier this month that the fixes required were not complicated. The hull size of the new class is roughly the same as the Nimitz-class carriers that make up the rest of the fleet, so Petters said the shipyards do not need to do many physical changes to piers and docks. “There are clearly differences between Ford and Nimitz,” Petters said of the carrier classes. “The power requirements, those kinds of things. I think those are all things that can be addressed and will be addressed by the government shipyards, so I don't really see a major fundamental change in the way the Ford-class is going to be supported from the industry.” The Navy is also planning improvements to the Puget Sound Naval Shipyard and Intermediate Maintenance Facility's dry dock infrastructure before the future USS Kennedy (CVN-79) is expected to enter its first availability, Taylor said. Doing so will give the Navy two dry docks – one on each coast – capable of supporting Ford-class carriers. Kennedy is expected to be christened later this year and is still years away from joining the fleet. The need to upgrade dry docks to support the new class of carriers comes amid both a push to modernize and optimize the four public shipyards that work on carriers and submarines, as well as a realization that the need for maintenance facilities is far greater than what's available at public and private yards. The Navy's long-range ship maintenance and modernization plan, released in March, details the mismatch and suggests some strategies to fix the problem. The Navy's Shipyard Infrastructure Optimization Program (SIOP) is a 20-year, $21-billion program to modernize the Navy's four public shipyards and is a major part of the solution laid out in the long-range plan, Taylor said. With a renewed focus on readiness, there's an opportunity for private shipyards willing to make investments in their facilities, too, to pick up some more Navy maintenance business, Petters told analysts during the conference call. The Navy's long-range ship maintenance and modernization plan also states that the Navy needs private sector help. “Sustaining the 355-ship fleet will require changes to both public and private industrial capability and capacity. Current infrastructure will require update and refurbishment to support modern classes of ships and repair. Likewise, additional dry docks will be needed to address the growing fleet size,” the plan states. Petters cited the Navy's work improving readiness among its aviation community as a good sign the Navy can translate this experience to the ship repair business. However, the Navy needs private shipyards to address its backlog of repair and maintenance work. “The Navy has taken a hard turn on how do you do readiness in a more efficient way, and that's being led from the secretary's office,” Petters said. “We've talked about readiness in my career for a long time. This is a no-kidding effort to go get it sorted out.” Predictability in contracting, though, is critical if the private sector is going to invest in upgrading its yards, Petters said. “I think we're on the front end of that to see whether we can actually create more efficiency there,” Petters said. “We certainly want to participate in that, and so far we've kind of got our toe in the water with the Virginia-class (submarine maintenance) support. And we'll see what other opportunities it presents. So little early for us to try to predict how that's all going to shake out.” https://news.usni.org/2019/08/30/navy-to-update-2-dry-docks-to-accommodate-ford-class-carriers

All news