May 17, 2023 | International, Naval
Pentagon seeks authority to transfer nuclear submarines to Australia
The Pentagon has asked Congress to authorize three new AUKUS provisions, including the transfer of nuclear-powered submarines to Australia.
October 30, 2018 | International, Naval, C4ISR
UK MoD gets budget boost of more than $1B with three programs in mind
By: Andrew Chuter
LONDON — Britain's Ministry of Defence has been given a £1 billion (U.S. $1.28 billion) spending boost in the Treasury budget announcement Oct. 29, with Chancellor Philip Hammond suggesting the money would be mainly spent on three strategic military programs.
Hammond said the additional money would be available in the coming months. Cyber, anti-submarine warfare and the Dreadnought nuclear submarine build program all got named as destinations for the extra cash.
“As a former defense secretary myself I understand the immediate pressure our armed forces are facing, so today I will provide £1 billion to cover the remainder of this year and next to boost our cyber, and anti-submarine warfare capacity and to maintain the pace of the Dreadnought program,” Hammond told Parliament.
The increase caught many by surprise. Defence Secretary Gavin Williamson has been battling with Hammond for months for extra cash, but a massive funding commitment to the National Health Service made new funds toward security seem unlikely.
Jon Louth, the director for defence, industry and society at the Royal United Services Institute think-tank in London said the additional funding was good news, but fell well short of what is required.
“It's welcome, but comes nowhere near addressing the potential funding gap if you add up all the programs in the equipment plan. It does appear to be a significant increase in percentage terms, although the devil will be in the detail,” he said.
The RUSI analyst said the outcome was “better than we expected a few months ago. Politically people will be chalking that up as a win for Williamson in the context of the wider government budget. One billion pounds is a win,” he said.
Louth cautioned against getting too hung up on the chancellor's announcement about where the extra cash will be spent.
“I suspect when we come to see how the money is used next year it will potentially be a little different from the chancellor's headlines today,” he said.
Defense consultant Alex Ashbourne Walmsley of Ashbourne Strategic Consulting said the new money was a “sticking plaster, but it will buy the MoD a bit more time to work out how to do more with less.”
Earlier this year the MoD received a total of £800 million in funds to keep the program to build four Trident missile equipped Dreadnought nuclear submarines on track.
Some £600 million of that cash came from a £10 billion contingency fund set aside by the government for the Dreadnought program.
Ashbourne-Walmsley described the Dreadnought program as a “money pit.”
The MoD is trying to bridge a funding gap in its £179 billion 10-year equipment plan.
The black hole is put at anywhere between £4 billion and £20 billion by the National Audit Office, the government's financial watchdog. The final figure is dependent, in part, on how effective an ongoing efficiency drive is at the MoD.
The MoD budget for this year is £36.6 billion with 15.6 percent of that spent on equipment procurement and 18.7 percent on support.
The Conservative government is committed to increasing equipment spending in real terms by 0.5 percent a year until 2020.
A long running review, known as the Defence Modernisation Program, has been looking at how British armed forces can adapt and transform to meet the changing and growing military threat, while at the same time balancing the books — an effort that could require capability cuts in several areas.
Publication of that report has already been kicked down the road a couple of times. Although Williamson may announce something before the end of the year, analysts and industry executives expect little of substance ahead of a comprehensive spending review due to take place across all government departments next year.
Hammond appeared to say as much today when he told Parliamentarians the modernisation review will “form the basis for a comprehensive consideration of defense spending next year.”
“The Modernizing Defence Program is increasingly tied into the comprehensive spending review and the 10-year equipment plan in 2019. We might get a whitepaper in late winter or early spring to set up some of the themes but the details won't be out until beyond April,” said Louth.
Some industry executives though are starting to wonder if the modernization program could be published even by April. One executive who asked not to be named, said he wondered whether the comprehensive spending plan might be the trigger for a full blown strategic defense review, particularly if Brexit goes badly and the economy takes a big hit.
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October 30, 2023 | International, Aerospace
Hitachi wins EU okay for $1.8 bln Thales deal | Reuters
EU antitrust regulators said on Monday they cleared Hitachi's 1.7-billion-euro ($1.80 billion) bid for Thales' GTS railway signalling business on condition the Japanese company sells assets in France and Germany, as it offered to do so.
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August 28, 2019 | International, Naval
EPF 11 COMPLETES ACCEPTANCE TRIALS FOR U.S. NAVY
AUSTAL Limited (ASX: ASB) is pleased to announce that the 11th Austal designed and built Expeditionary Fast Transport Vessel, the future USNS Puerto Rico (EPF 11), has successfully completed U.S. Navy Acceptance Trials. These trials, conducted in the Gulf of Mexico, were unique in that they integrated formal Builder's Trials with Acceptance Trials for the first time on an EPF vessel. By combining the two at-sea trials into one event, there are great efficiencies gained, enabling reduced costs and a shorter completion schedule. Austal CEO David Singleton congratulated Austal USA for achieving this critical program milestone. “The future USNS Puerto Rico successfully completed and passed all tests – a clean sweep – and returned from sea earlier than scheduled, a testament to the effort and expertise of Austal USA's professional shipbuilding team and the U.S. Navy's Board of Inspection and Survey (INSURV),” he said. “These trials involved the execution of intense, comprehensive testing by the Austal-led industry team while underway, which demonstrated to the U.S. Navy the successful operation of the ship's major systems and equipment. Sea trials are the last milestone before delivery of the ship. The future USNS Puerto Rico is scheduled for delivery to the U.S. Navy before the end of the year and is the eleventh Spearhead Class ship in Austal's 14-ship EPF portfolio. “The flexibility and versatility of the EPF is becoming increasingly evident. From serving as a mother ship to test unmanned aerial and undersea systems in the Atlantic to performing as command ships in Pacific Partnership 2019 (an exercise that includes more than 500 military and civilian personnel from more than 10 nations), the EPF fleet is proving to be a great asset to the future 355-ship US Navy,” Mr Singleton said. Austal's EPF program is mature with ten ships delivered and three more under construction in Mobile, Alabama, in addition to the future USS Puerto Rico. The Spearhead-class EPF is currently providing high-speed, high-payload transport capability to fleet and combatant commanders. The EPF's large, open mission deck and large habitability spaces provide the opportunity to conduct a wide range of missions from engagement and humanitarian assistance or disaster relief missions, to the possibility of supporting a range of future missions including special operations support, command and control, and medical support operations. With its ability to access austere and degraded ports with minimal external assistance, the EPF provides unique options to fleet and combatant commanders. In addition to the EPF program, Austal has also received contracts for 19 Independence-variant Littoral Combat Ships (LCS) for the U.S. Navy. Ten LCS have been delivered, five ships are in various stages of construction and four are yet to start construction. AUSTAL MEDIA CONTACT Contact: Gemma Whiting - Government Relations Mobile: +61 (0)408 982 727 Email: gemma.whiting@austal.com Website: www.austal.com ABOUT AUSTAL Austal is an Australian shipbuilder and global defence prime contractor which designs constructs and sustains some of the world's most advanced commercial and defence vessels. Austal successfully balances commercial and defence projects and celebrated 30 years of success in 2018. Austal has designed, constructed and delivered more than 300 commercial and defence vessels for more than 100 operators in 54 countries worldwide. Austal is Australia's largest defence exporter and the only ASX-listed shipbuilder. Austal has industry leading shipyards in Australia, the United States of America and Philippines and service centres worldwide. Austal delivers iconic monohull, catamaran and trimaran commercial vessel platforms – including the world's largest trimaran ferry and multiple defence programs such as the Littoral Combat Ship (LCS) and Expeditionary Fast Transport (EPF) for the United States Navy. Austal has grown to become the world's largest aluminium shipbuilder. FURTHER INFORMATION Contact: Austal Phone: 61 8 9410 1111 Fax: 61 8 9410 2564 Email: media@austal.com https://www.austal.com/news/epf-11-completes-acceptance-trials-us-navy