US Army says Congress doubled funds for 155 artillery

On the same subject

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  May 27, 2024 | International, Land

  Baltic States propose 2.5% Nato defence spending target, ACDC - Army Technology

  The Allied Capability Delivery Commitment (ACDC) will ask Nato allies to spend 2.5% of their GDP on defence.

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  May 7, 2019 | International, Naval

  NAVSUP Showcases Innovation at Sea Air Space Expo 2019

  By Matt Morrison, NAVSUP Public Affairs NATIONAL HARBOR, Md. (NNS) -- Naval Supply Systems Command (NAVSUP) showcases innovative technology and processes at this year's Sea Air Space Exposition, May 6-8, in National Harbor, Maryland. Featured in booth 1201 this year is the latest information on NAVSUP's reform initiative. NAVSUP's reform program is advancing with a series of initiatives to build on the efforts started in 2018. These initiatives are designed to enable audit and inventory accountability, aggressively accelerate contracting speed, deliver on our end-to-end supply chain integrator role, organize internally to deliver on fleet needs, enable the deck plate, and get more from the supply base. These efforts will improve warfighter readiness and lethality, and enable NAVSUP to improve business processes and better align with its customers in delivering supplies, services, and quality-of-life support to the Navy and Joint warfighters around the world. NAVSUP is the single point of accountability for the integrated Navy supply chain with full audit compliance. NAVSUP is also demonstrating the latest in autonomous mobile robot (AMR) technology at the expo. AMR is an emerging technology that provides a powerful toolset to collect, monitor and react to important information regarding asset location. The AMR uses onboard radio frequency identification (RFID) readers to gather data from passive RFID tags placed on material in our warehouses. This provides the ability to constantly collect inventory data and immediately react to discrepancies. This solution does not require an expensive fixed infrastructure to deploy and will enable NAVSUP to perform wall-to-wall inventories on a regular basis and exceed inventory validity goals. Representatives from the NAVSUP Office of Small Business Programs will be in the booth sharing information on NAVSUP initiatives to offer procurement opportunities to small business. The office of small business is committed to maximizing procurement opportunities for all small business concerns and minority-serving educational institutions. This effort is in support of the Secretary of the Navy's goal to identify and develop small businesses that can support the NAVSUP mission and the Navy/Marine Corps force for tomorrow. NAVSUP's procurement includes weapon systems spares and repair parts, Navy medical supplies and services, and commercial supplies and services that support the fleet. Sea-Air-Space is the largest maritime exposition in the United States and is an extension of the Navy League's mission of maritime policy education and sea service support. The expo features the most current information and technology relevant to maritime policy. Headquartered in Mechanicsburg, Pennsylvania, and employing a diverse, worldwide workforce of more than 22,500 military and civilian personnel, NAVSUP's mission is to provide supplies, services, and quality-of-life support to the Navy and joint warfighter. Learn more at www.navsup.navy.mil, www.facebook.com/navsup and http://twitter.com/navsupsyscom. Get more information about the Navy from US Navy facebook or twitter. For more news from Naval Supply Systems Command, visit www.navy.mil/local/navsup/. https://www.navy.mil/submit/display.asp?story_id=109498

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  January 28, 2021 | International, Aerospace

  Lockheed Overtakes Boeing as Largest US Aerospace and Defense Firm

  Boeing, which saw no defense revenue growth last year, takes another financial hit from the tanker program. Boeing ceded its long-held top spot as America's largest aerospace and defense firms to Lockheed Martin after reporting financial results from an abysmal 2020 on Wednesday. The Chicago-based company also said it would lose another $275 million building Air Force KC-46 tankers because of “program primarily due to production inefficiencies including impacts of COVID-19 disruption.” The company has lost more than $4 billion on the project. The company closed 2020 — a year that saw the collapse of passenger air travel from the coronavirus pandemic and the return to flight of the 737 Max airliner — with just under $58.2 billion in revenue, down 24 percent from the previous year. While Lockheed — which on Tuesday reported $65.4 billion in 2020 sales — has long been the world's largest defense contractor, revenue from Boeing's commercial airplane business has combined with its military work to keep it atop the defense-and-aerospace category for decades. Boeing's defense and space sales were flat year-over-year at just shy of $26.3 billion. Its services business, which includes defense work, made $15.5 billion, down 16 percent as thousands of aircraft remain grounded due to the pandemic. “Overall, the government services and defense and space businesses remain significant and relatively stable and we continue to see solid global demand for our major programs,” CEO David Calhoun said on the company's quarterly earnings call Wednesday. “Nevertheless, the scale of government spending on COVID-19 response has the potential to add pressure to global defense spending in the years ahead.” U.S. defense spending is expected to flatten or decline in coming years as the Biden administration and a Democrat-controlled Congress focus more on domestic issues. Calhoun said the company expects its defense business to grow in the “lower end of the single digits” in coming years. “It's hard to commit to a big uptick in any way on growth rates anytime soon, in light of what I think are the pressures,” he said. Calhoun, who became CEO of the firm one year ago this month, said the coronavirus would continue to delay international defense contracts. “The order activity in those international markets has pushed to the right, somewhat of an almost entirely because of COVID-related stuff, not because of any competitive issue one way or the other,” he said. Like many of his colleagues in recent years, Calhoun touted Boeing's classified military work as being “incredibly encouraging and incredibly important to us.” Despite the continued problems with the KC-46, the Air Force has purchased 94 of a planned 179 aircraft. Just this month, it placed two orders totaling $3.8 billion for 27 aircraft. The FAA last month cleared the 737 Max for passenger flights in the United States. Some airlines have already resumed flights across North and South America. European regulators on Wednesday said the plane can resume flights across the continent. Boeing also disclosed Wednesday that it would not deliver its first 777X, a larger, more efficient version of the popular 777 jetliner, until late 2023. https://www.defenseone.com/business/2021/01/lockheed-overtakes-boeing-largest-us-aerospace-and-defense-firm/171684/