April 30, 2018 | International, Aerospace, Naval, Land, C4ISR
By: Aaron Mehta
WASHINGTON ― The Defense Security Cooperation Agency announced this week that it is reducing a surcharge on American defense goods sold abroad from 3.5 percent to 3.2 percent, effectively dropping the price foreign nations have to pay when buying weapons through the Foreign Military Sales system.
The change will go into effect June 1. The funding from the surcharge is used to support the FMS process, by which the U.S. government acts as the go-between for industry and a foreign customer, using the American acquisition system.
The announcement comes days after the Trump administration rolled out a new set of guidelinesfor conventional arms transfers and unmanned systems as part of a broader push to increase American weapon sales abroad.
The U.S. sold $41.9 billion in arms through the FMS process in fiscal 2017, per a DSCA statement. Based on that figure, the U.S. took in roughly $1.46 billion through the 3.5 percent surcharge. Reducing it to 3.2 percent would drop that number to around $1.34 billion.
DSCA head Lt. Gen. Charles Hooper tied the surcharge cut directly to that broader goal, saying in the announcement that the change “will immediately reduce the cost of doing business for our international partners.”
“It demonstrates the Department of Defense's commitment to charge only what is needed in order to support the administration of the FMS program which includes the sale of defense articles, defense services, and military training,” Hooper added.
September 29, 2024 | International, Aerospace
Six firms will conduct feasibility assessments, considering the technical trades and engineering requirements for on-demand satellite de-orbit services.
September 26, 2022 | International, Aerospace, Naval, Land, C4ISR
Analysts question whether the Ministry of Defence could even spend the amount of extra money envisioned by the Truss government.
October 9, 2020 | International, Aerospace, C4ISR
Oct 9, 2020 SOURCE: Collins Aerospace Systems Cedar Rapids, Iowa, October 8, 2020 – Collins Aerospace Systems, a unit of Raytheon Technologies Corp. (NYSE: RTX), has been selected by Boeing to provide its proven NAV-4500 navigation receivers for the T-7A Red Hawk, the U.S. Air Force's (USAF) new advanced pilot training system in development by both Boeing and Saab. This award builds on previously announced Collins Aerospace positions on the T-7A, including its ACES 5® ejection seat; the platform‘s fully integrated landing gear system; various Power & Controls components, including the aircraft's Power Take Off (PTO) shaft, Auxiliary Power Engine Control Unit (APECU), engine start system and Main Electric Power Generation System (MEPGS); as well as air data, ice detection and total air temperature sensors. By selecting the NAV-4500, Boeing brings Collins Aerospace's commercial technology proven over multiple generations of aircraft to its T-7A program. These navigation receivers package the VHF Omnidirectional Range (VOR) and Instrument Landing System (ILS) radio signals, glideslope and marker beacon into a single, space-saving product designed for simple and flexible installation via a remote mount. “The NAV-4500 will provide the T-7A with proven technology in the military operating environment, while offering industry-leading size, weight and power resulting from the system's commercial baseline,” said Dave Schreck, vice president and general manager of Military Avionics and Helicopters at Collins Aerospace. “We are proud to bring a number of solutions from across Collins Aerospace to support both Boeing and the USAF on their next-generation advanced pilot training system.” About Collins Aerospace Collins Aerospace Systems is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers' toughest challenges and to meet the demands of a rapidly evolving global market. With 2019 net sales of approximately $26 billion, the business has 78,000 employees across more than 300 locations globally. It is one of the four businesses that form Raytheon Technologies. For more information, visit www.CollinsAerospace.com About Raytheon Technologies Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With 195,000 employees and four industry-leading businesses ― Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts. View source version on Collins Aerospace Systems: https://www.collinsaerospace.com/newsroom/News/2020/10/Collins-adds-navigation-receivers-Boeing-T-7A-Red-Hawk