US Army ups the ante with yearslong campaign to test integrated fires

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  June 19, 2019 | International, C4ISR

  L3 Technologies and Saudi Arabian Military Industries Enter Into Joint Venture

  LE BOURGET, France--(BUSINESS WIRE)--L3 Technologies (NYSE:LLL) announced today that it has signed a joint venture agreement with Saudi Arabian Military Industries (SAMI) to collaborate on electro-optical and infrared (EO/IR) and special mission systems projects within the Kingdom of Saudi Arabia (KSA). The contract was signed on June 18 in the SAMI Chalet during the Paris Air Show. In February 2019, L3 and SAMI announced the signing of a Memorandum of Understanding (MoU) relating to the joint venture. “Through this partnership, L3 will further establish a long-term presence within the KSA,” said Christopher E. Kubasik, L3's Chairman, Chief Executive Officer and President. “This venture with SAMI, which includes research and development, manufacturing, training and sustainment activities, represents a key milestone in the further development and execution of L3's international growth strategy.” “We are pleased to partner with L3 as we move towards our goal of creating a Center of Excellence in the Kingdom,” said H.E. Ahmed Al-Khateeb, Chairman of SAMI. “As we continue to support objectives tied to Saudi Vision 2030, this long-term partnership with L3 will help grow the sensor and mission systems industry while creating a comprehensive through-life support structure for our military customers.” L3 Technologies designs and manufactures industry-leading multi-spectral and multi-sensor EO/IR imaging and targeting sensor systems in addition to fully customizable mission systems for air, land and maritime vessels. Together, L3 and SAMI will indigenously design and implement these advanced technologies and solutions for a variety of customer-specific applications from a Center of Excellence that will be established in the Kingdom. About L3 Technologies With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2018 sales of $10.2 billion. To learn more about L3, please visit the company's website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company's website and is readily accessible. About Saudi Arabian Military Industries Launched in May 2017, Saudi Arabian Military Industries (SAMI) is a state-owned military industries company working under the directives outlined in the Saudi Vision 2030. Aiming to be among the top 25 military industries companies in the world by 2030, SAMI is expected to play a key role in localizing 50% of the Kingdom's total government military spending. SAMI is combining the latest technologies and the best national talent to develop military products and services at par with international standards across four business divisions – Aeronautics, Land Systems, Weapons and Missiles, and Defense Electronics. For more information, visit www.sami.com.sa or e-mail us at info@sami.com.sa. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-Looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements. https://www.businesswire.com/news/home/20190618005809/en

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  February 16, 2021 | International, Aerospace

  Can UAM, Advanced Air Mobility Escape From The Hype Phase?

  Michael Bruno Stop me if you have heard this before: A whole new class of aircraft will democratize and revolutionize seemingly everything, starting with air travel. Will it be advanced air mobility or maybe very light jets? Aviation consultant Brian Foley recalls the latter while thinking of the former, since both are in the news recently. Disruptive paradigms are not a new threat to aviation, even this century, he notes. The Eclipse very light jet (VLJ) was intended to make airborne commuting more of a reality before it became a $1.5 billion “smoking crater in the ground.” In November, the U.S. Bankruptcy Court for the District of Delaware authorized the sale of Eclipse Aerospace and the Eclipse Aircraft project to AML Global Eclipse, backed by British businessman Christopher Harborne, for $5.25 million. Now some observers wonder whether urban air mobility (UAM) and advanced air mobility (AAM) will experience something similar. “There are two sides of the fence, and you're either on one side or another,” Foley pointed out in a recent edition of the Aerospace Executive Podcast with talent finder Craig Picken. “One side of the fence is that this is disruptive technology, and this will just change the whole landscape of how people travel in cities and between regional points. Some investors believe that, too, and they are putting some chips down on the different potential winners if this thing does come out on the other end and is successful. “There are others that are a little bit curious to see how this thing works,” Foley continued. “We've had helicopter service for years, which isn't all that much different. There are some concerns over noise—these things are overgrown drones.” Yes, billions of dollars are pouring into UAM/AAM, but is it actually significant yet? Silicon Valley is behind this, as are multiple other investors. But UAM/AAM represents a fraction of their investments, which are otherwise cast far and wide and could include UAM/AAM only as a one-off gamble. “Even though it seems like a big number to us, it's just pocket change to them,” Foley said. “They hope there is a return. Right now, there are as many arguments why it's going to succeed and won't succeed.” Such context is easy to forget amid the flurry of recent headlines, such as Joby Aviation's takeover of Uber Elevate and a reported public trading debut on the horizon. What is more, consultants continue to publish eye-catching reports about the market's value in coming decades. The latest from Deloitte consultancy and the Aerospace Industries Association (AIA) says the UAM/AAM sector could be worth $115 billion a year by 2035, employing more than 280,000 “high-paying” aerospace workers and generating an annual $20 billion in U.S. exports. “It's become increasingly apparent that this particular area has become more real,” AIA Vice President for Civil Aviation David Silver told Aviation Week ahead of the release of the Jan. 26 study. “This is very real technology that is just on the horizon, and there is no single silver bullet that is going to make it happen.” Deloitte's global and U.S. aerospace and defense leader, Robin Lineberger, concurred during the interview. The report pushes for a sustained, collaborative approach by the public and private sectors for electric vertical-takeoff-and-landing (eVTOL) aircraft to be widely accepted and adopted, sooner rather than later. “With the market poised to grow sevenfold between 2025 and 2035, it's important for U.S. policymakers and industries to cooperate now to ensure American leadership in this transformative emerging sector,” he said. Already, the global race for AAM leadership is intensifying, the groups said, and the U.S. faces strong competition from China, Germany and South Korea. As a result, the AIA-Deloitte document calls for streamlined eVTOL testing and certification as well as seamlessly integrating aircraft into the U.S. airspace system. Silver said it is important to shed light on the issue now, at the beginning of the Biden administration, as Washington is expected again to consider domestic infrastructure development as a key priority. The point is to broaden policymakers' horizons, he said, so that they wonder, “Are we even asking the right questions?” Still, other observers point out that—like almost everything in aerospace—paradigm shifts come slowly compared with other business sectors. Take the City-Airbus vision from the European giant: “Realistically, we will have to wait until the end of the decade to see more than a demonstrator,” Airbus Helicopters CEO Bruno Even acknowledged in a November press briefing. Even's boss, Airbus CEO Guillaume Faury, was even more clear-eyed days later in a separate online debate with an automotive CEO. Faury explained that eVTOL projects, such as the Vahana two-seater and the CityAirbus four-seater, should be seen primarily as low-cost demonstrators for future technology on commercial aircraft. Faury stressed: “There will be a market eventually, but profitability will be tricky at the start." https://aviationweek.com/aerospace/urban-unmanned-aviation/can-uam-advanced-air-mobility-escape-hype-phase

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  September 21, 2018 | International, Aerospace

  How does the US Air Force plan to keep bombers affordable?

  By: Daniel Cebul WASHINGTON — The U.S. strategic bomber program plays a vital role in U.S. nuclear and conventional posture, providing both penetrating and standoff capabilities that allow the U.S. to hit targets almost anywhere in the world. But as the Air Force expands from 312 to 386 operational squadrons — planning to increase the bomber squadron from nine to 14 — how can the service keep costs within reason? A key to keeping down modernization costs will be the force's ability to field systems that can easily be updated as new technology develops, according to Gen. Timothy Ray, commander of Global Strike Command. “What I really want to drive home is that if we have a force, whatever the size of the force, it has to be affordable,” Ray said at the Air Force Association's annual Air, Space and Cyber Conference on Sept. 18. Ray believes prices will be affordable depending on the service's “ability to field a relevant force as part of our integrated capabilities, both nuclear and conventional, that has a rapid capability to be updated and modified.” Communications systems, weapons, sensors and defensive capabilities are very sensitive to technological change, which “is already going on much faster than what we can field right now using the old legacy processes,” Ray said. Ray pointed to the B-21 bomber as having "the right attributes that are going to set us up for success.” Others suggest that looking at the unit price for bombers is deceptive and does not allow the Air Force to address its critical modernization needs. “It is very easy to look at individual unit cost [per bomber], but that does not equate to value," Retired Lt. Gen David Deptula said. "People, particularly programmers, like to talk about cost, but they don't talk about the effectiveness piece.” This sentiment was echoed by retired Lt. Gen. Bob Elder Jr., who feels the public and some military members do not appreciate the active role bombers play in defending the U.S. As busy as these bombers are, Edler said, “it's a bargain” for how much the Air Force pays for them. Deptula also believes that if the Air Force is serious about modernization, it is past time that requirements for meeting U.S. strategic goals determine force structure, rather than depending on “arbitrary budget lines.” “For way too long our force structure has been solely driven by the budget and not the war-fighting demands of our nation's security strategy,” he said. “I dare say no one will argue with the preamble of the Constitution, which basically talks about how we form government to provide for the common defense, and then to promote the general welfare. It doesn't say the other way around.” “People will say the new enterprise is going to be too expensive, so don't keep it. I don't agree,” Ray said, adding that a more competitive approach will enable the Air Force to drive down procurement and modernization costs. “I have got to know our competitive nature of our approach will draw the talent from industry; or if I'm not quite certain with a technical capability or the capability is so far advanced I can't draw the talent from industry, now I find myself with an important issue,” Ray noted. In regard to ensuring the service can get the funding to grow its squadrons, Ray added: “Where you drop cost down and have a rapid modification capability or a relevant force for an extended period of time, then you begin to tell a more complete story,” which he explained should help dollars keep flowing into necessary programs. https://www.defensenews.com/digital-show-dailies/air-force-association/2018/09/20/how-does-the-us-air-force-plan-to-keep-bombers-affordable