Turkey provides tax breaks, loans to attract investment in local defense programs

On the same subject

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  May 2, 2019 | International, Land

  Army Works to Slim Down Powerful New Laser Defense System

  Military.com | By Richard Sisk The Army is working on a powerful new 100-kilowatt laser system to defend against enemy missiles, artillery and drone swarms but will eventually have to make it smaller and lighter to deploy. "We're trying to get it small enough and efficient enough to put on a platform," Robert Snead, an engineer with the U.S. Army Space and Missile Defense Command based at Redstone Arsenal, Alabama, said Thursday, referring to the High Energy Laser Tactical Vehicle Demonstrator (HEL TVD), which the service described as being in the "pre-prototype" stage. https://www.military.com/daily-news/2019/05/01/army-works-slim-down-powerful-new-laser-defense-system.html

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  April 22, 2020 | International, Naval

  Kratos Wins Place on U.S. Navy Unmanned Surface Vehicle Family of Systems in $982.1 Million IDIQ Multiple Award Contract

  San Diego, April 16, 2020 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that its Kratos Unmanned Systems Division (KUSD) has been selected, and will participate in the Indefinite-Delivery Indefinite Quantity - Multiple Award Contract (IDIQ-MAC) to support the U.S. Naval Sea Systems Command Unmanned Surface Vehicle (USV) Family of Systems (FoS). The USV FoS includes platforms and systems that comprise the U.S. Navy's future unmanned surface fleet. With a contract ceiling for all orders under this IDIQ-MAC of $982.1 million, the government intends to support, maintain and modernize USV systems and subsystems to meet current and future operational requirements for Unmanned Maritime Systems under Program Executive Office Unmanned and Small Combatants. Under the contract KUSD is eligible to compete for individual tasks and/or delivery orders. The USV FoS IDIQ-MAC base contracting vehicle has an initial ordering period of 60 months after date of contract award. If options are exercised the base contracting vehicle will extend to an ordering period of 120 months. Steve Fendley, President of Kratos Unmanned Systems Division, said, “Kratos Unmanned is excited to extend its unparalleled experience in fielding unmanned systems for air, land, and sea applications further into the unmanned surface vessel domain. KUSD has a unique combination of expertise in the design, engineering, integration, and manufacturing of affordable unmanned system components, which will bring innovative, responsive, and best-value solutions to FoS customers.” Kratos Unmanned Systems Division is a leading provider of high performance unmanned aerial drone and target systems for threat representative target missions to exercise weapon, radar, and other systems; and tactical aerial drone systems for strike/ISR and force multiplication missions. About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. Kratos specializes in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com. Notice Regarding Forward-Looking Statements Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 29, 2019, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos. Press Contact: Yolanda White 858-812-7302 Direct Investor Information: 877-934-4687 investor@kratosdefense.com View source version on GlobeNewswire: http://www.globenewswire.com/news-release/2020/04/16/2017266/0/en/Kratos-Wins-Place-on-U-S-Navy-Unmanned-Surface-Vehicle-Family-of-Systems-in-982-1-Million-IDIQ-Multiple-Award-Contract.html

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  December 10, 2019 | International, Naval

  BREAKING: Marine Corps Planning Major Program Cuts

  By Jon Harper SIMI VALLEY, Calif. — The Marine Corps intends to divest itself of legacy systems as it transforms into a more mobile and expeditionary force, the service's commandant said Dec. 7. In recent decades Marines have been busy fighting land wars in Iraq and Afghanistan. But now they must prepare for a potential conflict in a naval environment against advanced adversaries such as China, Gen. David Berger told reporters at the Reagan National Defense Forum in Simi Valley, California. “We cannot wait any longer before we start adjusting our service to what we've got to be six, seven, eight years out,” he said. “We have lots of changes we have to make and ... we have to get rid of legacy things in the Marine Corps. We've got to go on a diet. We've got to get back on ship. We've got to become expeditionary again.” What types of legacy systems will be on the chopping block? “Big, heavy things,” Berger said. “Expensive things that we can't either afford to buy or afford to maintain over the life of it. Things that don't fit aboard ships. Things that can't fire hyper velocity projectiles. Things that don't have the range that we're going to need or the precision.” Mobility will be critical in future fights, he noted. Marines must be able to operate from ships or ashore, and move back and forth between domains. Other platforms that could see cuts include manned logistics vehicles and aircraft. “All those things we're going to trim down,” Berger said. The service is also looking to add new capabilities. The commandant did not identify specific systems that the Marines plan to buy, but he provided a flavor of the types of platforms that will be on the shopping list. “Think unmanned. Think expeditionary. Think very light. Think things that we can sustain forward without a huge logistical train,” Berger said. Unmanned logistics vehicles and aircraft are examples of new technologies that the service is interested in. Human beings will still be on the battlefield, Berger noted. “I just don't need them driving a truck delivering chow” if a self-driving platform could perform the task, he said. Drones could also deliver supplies. “Amazon does it. Why wouldn't we do it?” he asked. Unmanned combat aircraft are also on the wish list, he noted. The Marine Corps has been conducting wargames and simulations to help determine how the force should be redesigned for potential future combat scenarios that might occur 10 years out. “We're in the last stages of that,” Berger said. That effort will likely wrap up in late January or early February. Force composition changes will be made over 10 years, but some will begin next year, he said. Officials are examining “every part of our air-ground team,” Berger said. A wide range of capabilities are being looked at. “From individual equipment to crew served [weapons] to F-35s and everything in between.” The analysis will help determine which programs will be killed, trimmed or added, he said. The service needs new weapon systems that can find and kill enemy ships at range from ship or shore. “We have to become a naval force that's lethal in terms of putting at risk another naval force,” Berger said. In the future, large numbers of unmanned air and ground systems could function as motherships that launch other robotic vehicles and drones to conduct missions, he said. A major funding realignment is planned over the next five years. “You'll see a little bit of it” in the fiscal year 2021 budget blueprint, Berger said. “The big muscle movement — that will come in ‘22, ‘23, ‘24 in a big way.” https://www.nationaldefensemagazine.org/articles/2019/12/9/marine-corps-planning-major-program-cuts