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  11 janvier 2019 | International, Aérospatial

  Embraer and Boeing Welcome Brazilian Government Approval of Strategic Partnership

  SAO PAULO and CHICAGO, Jan. 10, 2019 /PRNewswire/ -- Embraer [B3: EMBR3, NYSE: ERJ] and Boeing [NYSE: BA] have welcomed approval by the Government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets. The government's approval comes after the two companies last month approved terms for the joint venture that will be made up of the commercial aircraft and services operations of Embraer. Boeing will hold an 80 percent ownership stake in the new company and Embraer will hold the remaining 20 percent. The companies have also agreed to the terms of another joint venture to promote and develop new markets for the multi-mission medium airlift KC-390. Under the terms of this proposed partnership, Embraer will own a 51 percent stake in the joint venture, with Boeing owning the remaining 49 percent. Once Embraer's Board of Directors ratifies its prior approval, the two companies will then execute definitive transaction documents. The closing of the transaction will be subject to shareholder and regulatory approvals and customary closing conditions. Assuming the approvals are received in a timely manner, the transaction is intended to close by the end of 2019. Forward-Looking Information Is Subject to Risk and Uncertainty Certain statements in this release may be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed terms of the transaction, the ability of the parties to satisfy the conditions to executing or closing the transaction and the timing thereof, and the benefits and synergies of the proposed transaction, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on current assumptions about future events that may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially from these forward-looking statements. As a result, these statements speak only as of the date they are made and neither party undertakes an obligation to update or revise any forward-looking statement, except as required by law. Specific factors that could cause actual results to differ materially from these forward-looking statements include the effect of global economic conditions, the ability of the parties to reach final agreement on a transaction, consummate such a transaction and realize anticipated synergies, and other important factors disclosed previously and from time to time in the filings of The Boeing Company and/or Embraer with the Securities and Exchange Commission. Media Contacts: Chaz Bickers Boeing Communications charles.n.bickers@boeing.com 312-544-2002 Valtecio Alencar Global Corporate Communications Embraer Valtecio.alencar@embraer.com.br 11-3040-6891 SOURCE Boeing https://boeing.mediaroom.com/2019-01-10-Embraer-and-Boeing-Welcome-Brazilian-Government-Approval-of-Strategic-Partnership

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  20 juin 2019 | International, Autre défense

  Government watchdog finds 3 issues disrupting US nuclear modernization efforts

  By: Kelsey Reichmann WASHINGTON — The U.S. agency responsible for making explosive materials used in nuclear weapons is facing challenges that could impact the country's planned modernization of its nuclear arsenal, according to a report by the Government Accountability Office. The National Nuclear Security Administration, a semiautonomous agency within the Energy Department, is facing three main challenges, according to the report: a dwindling supply of explosive materials, aging and deteriorating infrastructure, and difficulty in recruiting and training qualified staff. This report comes amid congressional debate over the cost of modernizing the U.S. nuclear arsenal, an effort driven by President Donald Trump. NNSA's supply of materials, which are “highly specialized” with specific chemical and physical characteristics, are in low supply, the report says. Furthermore, the NNSA is lacking the knowledge base to produce the materials, as the recipes to make them were not well-documented, or the processes themselves infrequently practiced, the report notes. Challenges in obtaining materials is not a new issue for the NNSA, the watchdog notes. The agency experienced a similar situation with a material known as “Fogbank,” and the GAO reported in March 2009 that the NNSA lacked the knowledge to manufacture the material — leaving the process for Fogbank “dormant for about 25 years." Fogbank is used in the production of the W76-1, a warhead for the Navy's Trident ballistic missile. Under the Trump administration's plans for a new low-yield nuclear weapon, the U.S. is making a W76-2 variant, which entered production earlier this year. The GAO notes that when the NNSA is actually able to replicate formulas for materials, procuring those materials has proved challenging, given the irregular and small order specifications to contractors. But the GAO identifies aging infrastructure as the greatest risk to the NSSA. “The NNSA 2019 Master Asset Plan states that 40 percent of the explosives infrastructure of NNSA's sites is insufficient to meet mission needs, which can lead to contamination of explosive products or limit the use of facilities,” the report says. It notes that contamination has already occurred from rust falling off rafters and grass blowing through cracks in the walls, contaminating batches of explosives. Aging facilities must receive updates to modern safety standards to protect employees, the GAO says. The Los Alamos High Explosives Chemistry Laboratory, for example, was built in the 1950s and has struggled to adopt to modern instrumentation, according to the report. Facilities also deal with limited storage, the report says, meaning explosives can be stored in a single location where they could potentially cause a chemical reaction. The report also cites NNSA documents that describe challenges in recruiting qualified staff, who often must have a security clearance. For example, Pantex, a contractor hired by the agency, in 2018 estimated it would need 211 full-time staff members. However, in November that year, it reported only 172 full-time employees. Officials with agency contractors told the GAO that the problem is largely due to the competitive industry; in particular, Pantex competes with oil and gas companies in Texas. The company has now expanded its recruitment efforts to include local colleges and universities, the report says. In a written response to the report, the head of the NNSA, Lisa Gordon-Hagerty, said the “GAO's observations and recommendations are consistent with [the Department of Energy]/NNSA's recent efforts to centralize management of energetic material." The Office of Safety, Infrastructure, and Operations previously identified many of the infrastructure data issues presented in the report and developed a series of actions aimed at improving the accuracy of asset data,” she wrote. “These efforts have already resulted in improved data quality, and the accuracy and consistency of data will continue to improve as additional actions are completed.” https://www.defensenews.com/global/the-americas/2019/06/19/government-watchdog-finds-3-issues-disrupting-us-nuclear-modernization-efforts/

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  27 juillet 2018 | International, Aérospatial

  A long-term future for Robins Air Force Base and US national defense

  By: Sen. David Perdue I grew up in Warner Robins, Georgia. As a member of the United States Senate Armed Services Committee and a former member of the Senate Foreign Relations Committee, I know that Robins Air Force Base is an integral piece of our country's national security. Since 1996, Robins has been home to the Joint Surveillance and Target Attack Radar System mission. JSTARS is a platform that helps with intelligence gathering and battle management. JSTARS planes are very much in demand. However, JSTARS is an aging platform. Russia and China have modernized their air defenses to keep America's specialized capabilities, like JSTARS, out of potentially denied airspace. There are growing areas of denied airspace around the world that JSTARS planes simply cannot penetrate. The Obama administration had proposed a JSTARS recapitalization that was on track to leave a significant capability gap. We fought that in the United States Senate and House by pushing for a JSTARS recapitalization that would continue the mission in non-denied airspace with new planes and avoid that gap. Now, President Donald Trump and his national security team have created an opportunity for a long-term solution for both denied and non-denied airspace. The final version of this year's National Defense Authorization Act is supported by President Trump, Defense Secretary Jim Mattis and Air Force Secretary Heather Wilson. First, the plan in the defense authorization bill secures the future of the JSTARS platform for the next 10 years, including the more than 2,500 jobs that JSTARS supports. Second, the plan accelerates the development of the Advanced Battle Management System, or ABMS, mission, which is a multidimensional platform that can access both denied and non-denied airspace. Third, the Air Force has named Robins Air Force Base as the host base of this new ABMS mission. This means that Robins will be a force for years to come, while providing for our long-term national defense by developing this technology more quickly than we would have been able to do otherwise. Clearly, this is a major win for Robins Air Force Base, the middle Georgia community and for our national defense overall. It provides certainty for the current JSTARS mission for the next 10 years. It accelerates the development of next-generation mission capabilities so desperately needed by our armed forces today. Finally, the Air Force has assured Robins' future role in dealing with modern-day threats by naming Robins the host base of the Advanced Battle Management System. Sen. David Perdue, R-Ga., is a member of the U.S. Senate Armed Services Committee. https://www.defensenews.com/opinion/commentary/2018/07/26/a-long-term-future-for-robins-air-force-base-and-us-national-defense