20 mai 2022 | International, Aérospatial

Aerojet Rocketdyne reprimands chairman over attempt to oust CEO

The conflict between Aerojet's chief executive and executive chairman became increasingly rancorous as 2021 proceeded with the Lockheed acquisition stuck in limbo.


Sur le même sujet

  • When you should expect the Air Force to announce its next trainer aircraft

    29 août 2018 | International, Aérospatial

    When you should expect the Air Force to announce its next trainer aircraft

    By: Aaron Mehta WASHINGTON – With the U.S. Air Force having received final bids from industry, the service is now poised to award a contract for its 350-plane next-generation trainer fleet in just a few weeks. An Air Force official, speaking on background, said the service expects to award the contract by the end of the fiscal year — in other words, before Sept. 30. Many have speculated that the days before the Air Force Association’s annual conference, being held Sept. 17-19 outside of Washington, would be a potential time for an announcement to come. However, a source with knowledge of the situation said the current plan is to make the announcement after AFA concludes, likely the week of Sept. 24. If true, it could create an awkward environment at the event, where senior leaders will have to duck commenting on the soon-to-come T-X winner. Three industry teams have submitted bids for the T-X competition, with an estimated price tag of $16 billion over the life of the program. Boeing and Swedish aerospace firm Saab have developed a new, clean-sheet design; Lockheed Martin and Korea Aerospace Industries are offering the T-50A, a take on KAI’s T-50 jet trainer; and Leonardo DRS is offering the T-100, a modified version of the Italian aerospace company’s M-346. The contract represents more than just 350 jets, although that alone would make it one of the biggest U.S. Air Force programs in years. Whichever contractor captures the USAF market may have the inside track on a number of future trainer competitions around the globe, particularly among countries looking to buy the F-35 Joint Strike Fighter. In addition, if the U.S. Air Force decides to purchase aggressor aircraft for live-flying training, something that has been discussed on and off in recent years, simply buying more T-X trainers would be a logical solution. The contact has been a long time coming, and the contest has been filled with twists and turns. The service has for years sought to replace its aged T-38 jet, which ended production in the early 1970s and has served as the primary training plane for fighter pilots for decades. However, other priorities and sequestration-related budget caps saw the T-X campaign pushed to the right; while companies began announcing their entries for the competition as early as 2010, it wasn’t until 2015 that the service revealed its actual criteria. At this point last year, the Air Force was still pledging to announce a winner by the end of calendar 2017. That projected award was pushed to March, and then to the end of the fiscal year. The expected winners have shifted over time as well. Around 2013, the conventional wisdom was that either Leonardo or the BAE Hawk, teamed with Northrop Grumman, would be the winner, as the service was looking for an off-the-shelf solution that has already been proven in service elsewhere. Boeing’s idea of a clean-sheet design was seen as a longshot, due to the associated costs and timeline. However, that view shifted to the point that in 2015, Northrop and BAE scrapped plans to offer the Hawk and instead developed a new clean-sheet design of their own; the companies ultimately dropped out of the competition entirely in February of 2017. Meanwhile, the T-100 team struggled, with original partner General Dynamics dropping off the project in March 2015. GD was replaced by Raytheon in February 2016, but quit less than a year later. Other competitors, including Textron AirLand’s Scorpion jet and a team-up between Turkish Aerospace Industries and Sierra Nevada, have come and gone, leaving only the three remaining competitors. Of those, industry analysts largely agree the winner will be either the Lockheed/KAI team or the Boeing offering. https://www.defensenews.com/air/2018/08/28/when-you-should-expect-the-air-force-to-announce-its-next-trainer-aircraft

  • Raytheon will participate in Army missile defense radar ‘sense-off’

    25 février 2019 | International, Terrestre, C4ISR

    Raytheon will participate in Army missile defense radar ‘sense-off’

    By: Jill Aitoro  WASHINGTON — Raytheon will participate in a missile defense radar “sense-off” to test designs that could be included in the U.S. Army’s Integrated Air and Missile Defense system under development. The Army announced plans for the sense-off in October, resetting the approach for the Lower Tier Air and Missile Defense Sensor, or LTAMDS, program that has struggled to bring about a new radar for well over a decade. The sense-off is “separate and distinct” from contracts awarded to Raytheon and Lockheed Martin last fallto come up with design concepts for a new missile defense radar, according to Bob Kelly, Raytheon’s director for integrated air and missile defense in the company’s Integrated Defense Systems division, who spoke with reporters Thursday. According to an Oct. 29 notice posted to the Federal Business Opportunities website, the sense-off will take place this spring at White Sands Missile Range, New Mexico. Each vendor with a radar will have roughly two weeks on the range to demonstrate capabilities. A down-select will happen by the end of the year. “We can meet the timeline for both the sense off and initial operational capability in fiscal year 2022,” Kelly said. However, it’s unclear what this means for the prior technology development program. Kelly said that effort remains relevant, with the contract ongoing, but referred any further questions about its status to the Army. “Our developmental efforts — what we do for one, it serves the other as well,” he said. “We were both [Raytheon and Lockheed Martin] going to develop prototypes. But with the sense-off, we’re doing it faster,” and with more competitors. The sense-off strategy accelerates the timeline by a couple of years, Kelly said. The other lingering question is whether the LTAMDS will include 360-degree coverage — a high priority for the Army, but seemingly one downsized in importance for the LTAMDS effort. “The threshold is not for a 360-degree radar,” Kelly said, adding that Raytheon’s base design does include the capability. “We have a lot of scalability in our system, so if the Army decides they don’t want [360-degree coverage], we can give them the opportunity in the future to upgrade.” The Raytheon-made Patriot air and missile defense radar was first fielded in the 1980s, and the Army attempted to replace the system with Lockheed Martin’s Medium Extended Air Defense System through a co-development effort with Germany and Italy. But that program was canceled in the U.S. after closing out a proof-of-concept phase roughly six years ago. Since then, the Army has studied and debated how to replace the Patriot radar with one that has 360-degree detection capability, while Raytheon continues to upgrade its radar to keep pace with current threats. It is acknowledged that there will come a point where that radar will not be able to go up against future threats. “The Patriot remains exceptional” today, Kelly said. “LTAMDS is looking out beyond tomorrow.” https://www.defensenews.com/land/2019/02/21/raytheon-will-participate-in-army-missile-defense-sense-off/

  • INVISIO Awarded Five-Year Framework Agreement for up to SEK 290 Million From the U.S. Department of Defense

    2 octobre 2019 | International, C4ISR

    INVISIO Awarded Five-Year Framework Agreement for up to SEK 290 Million From the U.S. Department of Defense

    STOCKHOLM, October 1, 2019 /PRNewswire/ - INVISIO has been awarded a five-year IDIQ (Indefinite Delivery, Indefinite Quantity) contract from the U.S. Department of Defense for communication and hearing protection systems. The framework agreement is for up to SEK 290 million over the time period, but no volumes are guaranteed. The Department of Defense has awarded INVISIO a five-year framework agreement for the supply of advanced communications and hearing protection systems to American troops. The maximum order value of the agreement over the five-year time period is USD 30 million, equivalent to approximately SEK 290 million. This is the second time the Department of Defense has awarded INVISIO a long-term contract. The new contract replaces the first one received in 2017 which expired earlier this year. The INVISIO systems provide enhanced communication capabilities in noisy environ­ments while protecting the users hearing, which gives operational benefits and increased tactical advantages including improved situational awareness for the users. "We are very proud of receiving a new long-term contract with the U.S. Department of Defense. This contract and the size of it, together with our other U.S.-engagements confirms our market leading position", says Lars Højgard Hansen, CEO, INVISIO Communications. For more information, please contact: Lars Højgard Hansen CEO INVISIO Communications Mobile: +45-53-72-7722 | E-mail: lhh@invisio.com Michael Peterson Director IR & Corporate Communication INVISIO Communications Mobile: +45-53-72-7733 | E-mail: mpn@invisio.com This information is information that INVISIO Communications AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the CEO, on October 1, 2019, at 08:30 CEST. About INVISIO Communications AB (publ) INVISIO develops and sells advanced communication systems with hearing protection that enable professionals in noisy and mission critical environments to communicate and operate effectively. The company combines insights in acoustics and human hearing with broad engineering know-how in software, materials technology and integration. Sales are primarily via a global network of partners and resellers, as well as from the head­quarters in Copenhagen and the sales offices in the USA, France and Italy. INVISIO's registered office is in Stockholm, Sweden, and the company's share is listed on Nasdaq Stockholm (IVSO). Read more on the company's website, www.invisio.com. This information was brought to you by Cision http://news.cision.com https://news.cision.com/invisio-communications-ab/r/invisio-awarded-five-year-framework-agreement-for-up-to-sek-290-million-from-the-u-s--department-of-,c2921729

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