31 octobre 2023 | International, Naval, C4ISR

Businesses reposition amid growing demand for solid rocket motors

Companies in the rocket propulsion industry are making their own moves, reshuffling the market with potentially wide-ranging effects.

https://www.c4isrnet.com/industry/2023/10/31/businesses-reposition-amid-growing-demand-for-solid-rocket-motors/

Sur le même sujet

  • The Air Force’s 5 principles to advance artificial intelligence

    27 juin 2019 | International, Aérospatial, Autre défense

    The Air Force’s 5 principles to advance artificial intelligence

    By: Kelsey Reichmann The Air Force has been on an almost three-year journey to integrate artificial intelligence into operations and that effort will soon be more apparent as the service plans to declassify its artificial intelligence strategy, Capt. Michael Kanaan, the service's co-chair for artificial intelligence, said June 26 at the AI World Government Conference in Washington, D.C. “We had to find a way to get us to a place where we could talk about AI in a pragmatic, principled, meaningful way,” said Kanaan. During his speech, Kanaan laid out five principles that have guided the Air Force with artificial intelligence in the meantime. They are: 1. Technological barriers will be a significant hurdle. Kanaan said the service has made it a point to limit technological obstacles. However, one problem contractors may face is higher priced products geared toward security-driven government programs versus the same, less expensive commercial programs. A new attitude toward commercial off-the-shelf technology within the service can help, he said. “Too often working with our agencies, they have to take risks in the framework of time, people and bespoke unique solutions to deploy on your systems,” Kanaan said. However, this does not have to be the case. “Accept commercial standards because unclassified does not mean un-secured." 2. Data needs to be treated like a strategic asset. “We used to ask the question, if a tree falls in the forest does it make a sound. Well, in the 21st century the real question to ask is was something there to measure it,” he said. He explained this involves looking at when and how to digitize workflows. 3. The Air Force must be able to democratize access to AI. “This is an opportunity now to say, machine learning as our end state, if done right, should be readable to everyone else,” Kanaan said. This will involve balancing support and operations and taking into consider the reality that the demographics of the traditional workforce are going to shift, Kanaan explained. “Not looking at the top one percent, but focusing on the 99 percent of our workforce,” he said. “The Air Force, of those 450,000 people, 88 percent are millennials [adults under 40]." Looking to digital natives in the integration process will be valuable because this younger slice of the workforce already has insights into how this technology works. 4. Computer skills must be viewed as strategic assets. Just as the Defense Department has treated foreign language skills as an asset, Kanaan said, the Air Force must view computer skills the same way. In the United States, 50,000 graduates qualified for 500,000 technology-based jobs each year, and the Air Force must promote emerging technology skills the way it did traditional electrical engineering, astronautics and aeronautics during the space race, Kanaan said. “I believe that it is time for another national defense education act," Kanaan said. 5. Communication, transparency and cooperation are imperative. As innovations are made, communication, transparency and cooperation are necessary for discussions with international governments, industry and academic partners, Kanaan said. “As Americans we should be communicating about the ethics of artificial intelligence and how we view society every single day. These are important topics and they do provide that signal to the rest of the world that we view our society in different ways than maybe some others and our values and norms are important because AI at its end state bolsters our biases.” Most importantly, these issues must be addressed sooner rather than later, Kanaan said. https://www.c4isrnet.com/artificial-intelligence/2019/06/26/the-air-forces-5-principles-to-advance-artificial-intelligence/

  • MDA Awarded First Production Contract for the Canadian Surface Combatant Project

    24 février 2021 | International, Naval

    MDA Awarded First Production Contract for the Canadian Surface Combatant Project

    /CNW/ - MDA today announced that it has been awarded an initial contract with an expected production value of more than CAD$60 million on the Canadian Surface...

  • Amid The Financial Wreckage Of A&D, Space Rises Above

    17 août 2020 | International, Aérospatial

    Amid The Financial Wreckage Of A&D, Space Rises Above

    Michael Bruno As public companies reported their latest quarterly results amid the recent financial carnage in the aerospace and defense sector, it was hard to find genuine optimism. With COVID-19 gutting the commercial aerospace manufacturing sector and maintenance, repair and overhaul segment, and expectations hardening around flat or worse defense spending, most corporate managers provided slimmed-down outlooks for the foreseeable future. But one segment stood out for its near-universal positivity: space. It may have almost taken an implosion of the airliner business and historic federal deficit spending against a pandemic to get there, but suddenly outer space looks like the best place to be in business. “Space continues to be an opportunity for companies to drive growth in a flat-to-down environment,” Jefferies analysts wrote in an Aug. 10 report. As the recent earnings season showed, numerous companies are being lifted by space business. “The primes are having such strong growth there,” Credit Suisse analyst Rob Spingarn noted in a July 31 teleconference. For instance, L3Harris Technologies sees space—both space-based and ground support—as its fastest-growing opportunity, with a combined $10 billion pipeline of long-term opportunities and several bid proposals awaiting responses that total around $1 billion in the near term. “We feel very encouraged by the space business as a whole,” said L3Harris Chairman and CEO Bill Brown. Several others below the marquee prime government contractor level are also benefiting, according to Jefferies analysts Sheila Kahyaoglu and Greg Konrad. “Kratos Defense and Security is benefiting from the need for low-Earth-orbit (LEO) satellites in real-time data processing, and Mercury Systems is getting pulled in, given an increased need for data processing power at the edge.” What is more, both Booz Allen Hamilton and Parsons indicate that space is even a target area for mergers and acquisitions. President Donald Trump's administration's spending and focus on space, from the new U.S. Space Force to a NASA mission to return Americans to the Moon in the coming years, certainly helps set the tone. Significantly, there is a commercial sector race to establish LEO-based communication and Earth observation services—albeit one driven by billionaires and their personal passions for a space legacy. A more subtle shift, though no less significant, is occurring down the value chain, where there is an emerging middle market for space services. Companies such as Parsons, Virgin Galactic and KBR have reengineered their companies and are making money by providing support services for the space effort—in ways that are not as sexy as SpaceX's NASA crew transport mission but just as real when it comes to making a profit. “We had nice year-on-year growth in the space business, just under double-digit growth there,” KBR CEO and President Stuart Bradie said Aug. 6. The former Halliburton business, once publicly associated with military logistics support during the George W. Bush administration, now is the world's only government-licensed provider training astronauts for commercial space missions. “Investors often overlook that KBR has transformed its portfolio since 2015 and still perceive the firm as an engineering and construction play, given its heritage as a unit of Halliburton,” Cowen analyst Gautum Khanna noted in June. But acquisitions of Wyle Labs, Honeywell Technology Solutions and Stinger Ghaffarian Technologies in 2016-18 “put KBR on the map as a noteworthy government services competitor.” Government services, especially space, now are responsible for 70% of the company's annual revenue. Interestingly, the space market is expanding so fast that KBR itself may have competition for astronaut training. In June, NASA signed a Space Act Agreement with Virgin Galactic to develop a private orbital astronaut readiness program for space tourists. “As part of this, we will offer our existing space training infrastructure at Spaceport America and customized future Astronaut Readiness Program . . . allowing these private astronauts to become familiar with the environment in and en route to space such as G forces and zero G,” Virgin Chief Space Officer George Whitesides said Aug. 3. “This initiative has been largely driven by the considerable demand among our existing customer base to participate in orbital space flights.” There have also been plenty of space company setbacks in recent months, with OneWeb's bankruptcy heading the list. But it should come as no surprise that business success in space is hard. Maybe what is surprising is that space is already proving lucrative for public investors, and the market looks set to grow. https://aviationweek.com/defense-space/space/amid-financial-wreckage-ad-space-rises-above

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