Back to news

February 12, 2021 | International, Aerospace

Podcast: What Are SPACs -- And Why Are They Important To A&D?

Joe Anselmo Michael Bruno Graham Warwick

Investors are putting billions into urban air mobility and space projects, hoping to strike the next Tesla. Listen in as Aviation Week editors discuss the trend.

Don't miss a single episode. Subscribe to Aviation Week's Check 6 podcast in iTunes, Stitcher, Spotify and Google Play. Please leave us a review.

Check back soon for a transcript of Aviation Week's February 11, 2021, Check 6 podcast.

https://aviationweek.com/aerospace/podcast-what-are-spacs-why-are-they-important-ad

On the same subject

  • Navy information warfare project received $400 million funding boost

    August 19, 2020 | International, Naval, C4ISR

    Navy information warfare project received $400 million funding boost

    Andrew Eversden WASHINGTON — An information warfare project run by Naval Information Warfare Systems Command (NAVWAR) recently received hundreds of millions of dollars in new funds after a successful first 18 months, NAVWAR announced Aug. 17. NAVWAR's Information Warfare Research Project (IWRP), which uses an agile acquisition tool known as an Other Transaction Authority to quickly contract for and deliver IW tools, recently received a $400 million funding increase and two-year performance period extension after hitting its $100 million funding ceiling a year before the project was set to expire next summer. The massive bump was approved by Assistant Secretary of the Navy for Research, Development and Acquisition James Geurts. The project, which kicked off in October 2018, now has a $500 million ceiling and a five-year performance period. “IWRP has proven its effectiveness and successfulness as a streamlined approach to rapid prototyping,” said Jee Youn Fickling, IWRP program manager at Naval Information Warfare Center (NIWC) Atlantic, in a statement. “As interest increases to do more prototyping in order to keep up with the pace of technology, IWRP OTA offers the flexibility and speed within 14 technology areas. The growth in interest from IWRP users across many Navy and Marine Corps commands and program offices and the growth in the size of the consortium, speaks volumes to the need to quickly make awards for prototypes.” The project focuses on technology areas that include tools for cyber warfare, autonomous systems, cloud computing and data analytics. IWRP partners with industry and academia through a consortium managed by Advanced Technology International, a non-profit that builds research and development partnerships. In the last 18 months, the IWRP has released more than 800 prototyping opportunities, according to the NAVWAR press release. The consortium has more than 580 partners. IWRP users include NAVWAR, NIWC Atlantic, NIWC Pacific, Naval Sea Systems Command Logistics, Maintenance and Industrial Operations, Program Executive Office (PEO) for Digital Enterprise Services, PEO for Manpower, Logistics and Business Solutions, PEO Command, Control, Communications, Computers and Intelligence Space Systems, PEO Integrated Warfare Systems, Marine Corps Systems Command, Naval Analytics Office and Office of Naval Research. “IWRP has been a game changer and has proven to be a key enabler in rapid delivery of IW capability to the warfighter,” said Nicole Stone, director of rapid prototyping – information warfare at NIWC Pacific, in a statement. “Collaboration with our partners in industry, small business and academia, with the flexibility necessary to adapt to evolving requirements, is critical to our success in winning the fight. IWRP provides that platform for us.” https://www.c4isrnet.com/information-warfare/2020/08/18/navy-information-warfare-project-received-400-million-funding-boost/

  • Spain’s Navantia joins industry team for European Patrol Corvette

    February 12, 2021 | International, Naval

    Spain’s Navantia joins industry team for European Patrol Corvette

    By: Sebastian Sprenger COLOGNE, Germany — Spanish shipbuilder Navantia has sealed its participation in the upcoming development of the European Control Corvette, a signature naval program that is part of the European Union's defense efforts. Company executives signed a memorandum of understanding to that effect with the Naviris consortium, the companies announced Feb. 11. Naviris is a 50-50 joint venture between France's Naval Group and Italy's Fincantieri. The notional European Patrol Corvette is meant to be a coast guard-type ship able to perform missions of fighting pirates and smugglers as well as border control and show-of-force trips in Europe's waters. At 100 meters and 3,000 tons, it will replace “several classes of ships, from patrol vessels to light frigates” in participating countries come 2027, the companies said. The program has been advancing through the EU's so-called Permanent Structured Cooperation framework, or PESCO, whose goal is to create joint capabilities across the continent. Companies participating in PESCO projects have a shot at subsidies flowing from the multibillion-dollar European Defence Fund. Italy has the lead on the patrol corvette project. The governments of France, Spain and Greece have already signed up, and Portugal is reportedly considering doing the same. All participating navies are expected to submit their design requirements this year, according to the Naviris announcement. The idea is to find “commonality of solutions and modularity for adaptions to national requirements,” the company said. “The ambition of the project ... is to include other European partners to integrate technological bricks, which correspond to innovation streams matching with national EPC requirements and European Commission strategy and guidelines.” The European Defence Agency announced earlier this year that it would lend project management and related support to the program. https://www.defensenews.com/global/europe/2021/02/11/spains-navantia-joins-industry-team-for-european-patrol-corvette

  • Rheinmetall wins mid-double-digit million euro order for mortar ammunition for international NATO customer

    September 26, 2024 | International, Land

    Rheinmetall wins mid-double-digit million euro order for mortar ammunition for international NATO customer

    In total, a six-digit number of mortar shells of various types will be manufactured by Rheinmetall Expal Munitions S.A.U., Spain

All news