January 22, 2024 | International, Aerospace
Norway increasing ammunition production with $190m investment - Army Technology
Ammunition production from Norway will receive a $190m boost intended to ramp up supply of the critical military stock.
October 25, 2018 | International, Naval
Richard Scott, London and Luca Peruzzi, Genoa - Jane's Navy International
Romania's Ministry of Defence is nearing a decision on the procurement of new multirole corvettes after receiving final bids at the beginning of October from Damen Schelde Naval Shipbuilding of the Netherlands, Italy's Fincantieri, and France's Naval Group.
The EUR1.6 billion (USD1.85 billion) programme covers the acquisition of four corvettes, as well as the combat system modernisation of the Romanian Navy's two ex-UK Royal Navy Type 22 frigates Regina Maria and Regele Ferdinand . A source selection is scheduled for 26 October, although industry sources suggest this could slip by a number of weeks.
Romania's requirement calls for a 2,500-tonne class multipurpose ship with capabilities across anti-submarine warfare, anti-surface warfare, anti-air warfare, electronic warfare, naval gunfire support, and search and rescue. The design is also required to provide aviation facilities suitable for an IAR 330 Puma 10-tonne helicopter and a shipborne unmanned aircraft system.
In line with Romanian stipulations for local industry participation, all three contenders are proposing build and in-service support in conjunction with subsidiaries or partners based in country. Romania has asked for the first corvette to be delivered inside three years, with the programme to be completed in seven years.
Damen Schelde Naval Shipbuilding is bidding a variant of its SIGMA 10514 design with sister yard Damen Shipyards Galati. To meet the Romanian requirement, Daman has specified a Thales Nederland combat management system (CMS)/sensor fit, the Raytheon Evolved SeaSparrow Missile System and Boeing Harpoon Block II anti-ship missiles. The underwater warfare suite would be provided by General Dynamics Mission Systems-Canada.
Fincantieri, which owns the Vard Braila and Tulcea shipyards in Romania, is offering a customised variant of the Abu Dhabi corvette previously built for the United Arab Emirates. It is likely that Vard Braila would be the focal point for both construction and in-service support if Fincantieri is selected.
https://www.janes.com/article/83937/romania-set-to-choose-four-new-corvettes-frigate-upgrade
 
					January 22, 2024 | International, Aerospace
Ammunition production from Norway will receive a $190m boost intended to ramp up supply of the critical military stock.
 
					June 3, 2024 | International, Security
Researchers discovered authorization bypass vulnerabilities in Cox modems that could have allowed hackers to access and control millions of devices.
 
					July 31, 2020 | International, Naval
Davidson, N.C.— July 28, 2020 - (BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded contracts valued in excess of $220 million to provide propulsion valves, pumps and advanced instrumentation and control systems for the U.S. Navy's Virginia-class nuclear powered attack submarine, Columbia-class submarine and Ford-class aircraft carrier programs. The awards were received from Bechtel Plant Machinery, Inc. (BPMI) and General Dynamics Electric Boat to support ship construction, spare parts and submarine back-fit procurements. “Curtiss-Wright is proud to have been awarded these important naval defense contracts, building upon our long-standing relationship with the U.S. Nuclear Navy and reflecting our ongoing support of these critical naval defense platforms, which continue to receive strong Congressional support,” said David C. Adams, Chairman and CEO of Curtiss-Wright Corporation. “We look forward to delivering the most advanced, reliable and vital technologies and remain well-positioned to benefit from the continued expansion of our U.S. naval fleet.” Curtiss-Wright is performing this work at its facilities in New York and Pennsylvania within the Company's Defense and Power Segments. Engineering and manufacturing has commenced and will continue through 2024. For over 60 years, Curtiss-Wright has ensured safe, reliable operations by supplying innovative, high-performance products for every nuclear submarine and aircraft carrier commissioned by the U.S. Navy. In addition, Curtiss-Wright technologies, such as power-dense motors and enhanced valve designs, enable more efficient operations, reduce manpower and cost, and increase safety. For more information on Curtiss-Wright's Defense Segment and Power Segment products for the U.S. Navy, please visit www.cwdefense.com or www.cw-ems.com, respectively. About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE:CW) is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing reliable solutions through trusted customer relationships. The company employs approximately 8,900 people worldwide. For more information, visit www.curtisswright.com. This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, including statements relating to Curtiss-Wright Corporation's expectations of future performance of our pump and valve products, the continued relationship with an existing customer, the continued funding of these programs by the U.S. Navy, the successful implementation of our products into these naval defense programs, the overall success of these naval defense programs and future opportunities associated with these programs, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in US and Foreign government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities Exchange Act of 1934, as amended, for further information. View source version on businesswire.com: https://www.businesswire.com/news/home/20200728005570/en/ Jim Ryan (704) 869-4621 jim.ryan@curtisswright.com Source: Curtiss-Wright Corporation View source version on Curtiss-Wright Corporation: https://www.curtisswright.com/news/press-releases/news-release-details/2020/Curtiss-Wright-Awarded-Contracts-Valued-in-Excess-of-220-Million-to-Support-Critical-U.S.-Naval-Defense-Platforms/default.aspx