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June 23, 2022 | International, Other Defence

Worried about inflation and the defense budget? A continuing resolution could make things worse

While rising inflation rates threaten DoD's purchasing power, congressional politics around a continuing resolution to start FY23 could exacerbate inflation's impact on the defense budget.

https://www.defensenews.com/opinion/commentary/2022/06/21/worried-about-inflation-and-the-defense-budget-a-continuing-resolution-could-make-things-worse/?utm_source=sailthru&utm_medium=email&utm_campaign=dfn-dnr

On the same subject

  • US Air Force Selects Boeing for A-10 Thunderbolt II Re-Winging Contract

    August 22, 2019 | International, Aerospace

    US Air Force Selects Boeing for A-10 Thunderbolt II Re-Winging Contract

    PLANO, Texas, Aug. 21, 2019 /PRNewswire/ -- Boeing (NYSE: BA) will continue its legacy of A-10 Thunderbolt II sustainment work under an Indefinite Delivery/Indefinite Quantity (IDIQ) contract award from the U.S. Air Force (USAF), with a maximum ceiling value of $999 million. Under the contract, which was competitively awarded, Boeing will be responsible for managing the production of a maximum of 112 wing sets and spare kits. The USAF ordered 27 wing sets immediately at contract award. "Boeing is honored to be selected to continue as the A-10 Thunderbolt II wing kit contractor," said Pam Valdez, vice president of Air Force Services for Boeing Global Services. "Our established supply base, experience with the A-10 structures, and our in-depth knowledge of the U.S. Air Force's requirements will help us deliver high-quality wings to meet the customer's critical need." Boeing will team with Korean Aerospace Industries and other key suppliers to deliver the first wing sets to Hill Air Force Base in Ogden, Utah. Under a previous contract, Boeing delivered 173 enhanced wing assemblies. Boeing is the world's largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As the top U.S. exporter, the company supports commercial and government customers in more than 150 countries. Boeing employs more than 150,000 people worldwide and leverages the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth. Contact Cassaundra Bantly Communications Mobile +1 562-243-9427 cassaundra.m.bantly@boeing.com SOURCE Boeing https://boeing.mediaroom.com/2019-08-21-US-Air-Force-Selects-Boeing-for-A-10-Thunderbolt-II-Re-Winging-Contract

  • BAE Systems unveils $1.9 billion economic impact of ground vehicle and weapon systems network

    July 25, 2023 | International, Land, Other Defence

    BAE Systems unveils $1.9 billion economic impact of ground vehicle and weapon systems network

    Through operations at its 12 sites, BAE Systems’ ground vehicle, amphibious vehicle and weapon systems product lines contributed to local families and economies by providing more than 5,000 jobs and...

  • Textron finalizes acquisition of robotics company

    January 11, 2019 | International, Land

    Textron finalizes acquisition of robotics company

    By: Valerie Insinna WASHINGTON — Textron's acquisition of robotics firm Howe & Howe Technologies stemmed from a late night channel surfing session, where a fortuitous viewing of “Jay Leno's Garage” turned into a big business deal. As its CEO Lisa Atherton watched the show at home with her husband, Howe & Howe's light tank drone wheeled across the screen. Textron had recently identified a gap in unmanned land vehicles, and this seemed to fit exactly the niche that the company was looking to fill. “I saw this tracked vehicle kind of flying through the woods and up and over the berms, and so I went and did a little research," Atherton told reporters on Jan. 10. Textron declared in October that it intended to purchase the Waterboro, Maine-based company. On Dec. 17, the deal was finalized, the company announced Thursday morning. The businesses have not disclosed the price or terms of the sale. Textron executives believe Howe & Howe, which specializes in innovative robotic ground vehicles, is a natural fit for their company, which is known for building unmanned systems — predominantly drones like the RQ-9 Shadow and maritime assets like the common unmanned surface vehicle that can deploy from a littoral combat ship to find mines. Meanwhile, Textron brings with it the ability to manufacture unmanned systems en masse and to support them in the field. Howe & Howe's senior vice president, Michael Howe, said his company's inventiveness, coupled with Textron's experience selling unmanned systems to the government, “makes for an extremely formidable combination.” Atherton said she is looking forward to getting Howe & Howe the investment dollars necessary to start work on new products and make existing ones more robust. “Mike and Geoff [Howe, the company's other founder] both have a ton of great ideas," she said. "They have ideas that they've sketched out in their books forever that they just haven't had the opportunity to do the investment for.” Several of Howe & Howe's robotic land vehicles have been evaluated by the U.S. Army. Its Ripsaw vehicle — the small unmanned tank seen on “Jay Leno's Garage” — has undergone testing at Picatinny Arsenal in New Jersey. But when sequestration slowed down funding of tests, the Howe brothers looked for other venues to promote it, landing the product a role in the 2015 classic “Mad Max: Fury Road.” “That speaks to their ingenuity, their ability to survive through sequestration as a small company,” Atherton said. Howe & Howe's RS2-H1 robot, invented to carry soldiers' gear, is competing against three other unmanned land vehicles for the Squad Multipurpose Equipment Transport program contract. Two Army infantry brigade combat teams and an undisclosed Marine unit are currently assessing the four contenders ahead of a downselect, Army Times reported last year. Atherton named that opportunity as one of the four big programs she's hoping Textron can win in 2019. Updated on 1/10/19 at 1:10 p.m with quotes from Textron CEO Lisa Atherton. https://www.defensenews.com/industry/2019/01/10/textron-finalizes-acquisition-of-robotics-company

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