30 juillet 2020 | International, Aérospatial

Financial pressures on Boeing’s commercial biz results in another $155M charge for the KC-46 tanker

WASHINGTON — Boeing must pay another $151 million out of its own pocket for the KC-46 program, but this time the charge isn't associated with technical problems that have plagued the tanker's development.

While Boeing announced its second-quarter earnings Wednesday, it said the KC-46 charge was “primarily driven by additional fixed-cost allocation resulting from lower commercial airplane production volume due to COVID-19.”

In short, because Boeing's commercial plane production has slowed down, it's costing more to produce the KC-46, a derivative of the Boeing 767 airliner that is manufactured on the 767 production line in Everett, Washington, and converted into a military tanker.

Greg Smith, Boeing's chief financial officer, said with the ramp down of production on some commercial airliners, certain fixed costs have been transferred to other programs.

“That's essentially what took place with tanker,” he told reporters during a media roundtable. “It was notable on tanker because of the margin that we're booking on, and therefore turned it into a reach-forward loss. There was impact on some of the other [commercial derivative] programs, but it was not really material at all.”

Boeing is locked into paying any costs associated with the KC-46 that exceed the $4.9 billion firm fixed-price ceiling on its 2011 contract with the U.S. Air Force.

The latest charge means Boeing will have spent more than $4.7 billion in company funds on the KC-46 program — almost equivalent to the Air Force's own investment in the program.

But Smith pointed to the lack of performance-related losses for the KC-46 this quarter as a sign that the program is progressing. “We've still got a lot of work to do, but [we're] making good progress,” he said.

Despite the tanker charge, Boeing's earnings for its defense and space sector were a bright spot for the company, which continues to grapple with financial distress caused by the coronavirus pandemic's impact on the travel industry and the ongoing grounding of the 737 Max.

Boeing Defense, Space & Security logged $7 billion in new orders this quarter, including an award for three additional MQ-25 tanker drones for the U.S. Navy and 24 AH-64E Apache helicopters for Morocco.

During a call with investors, Boeing CEO Dave Calhoun said the defense market remains healthy and that recent contracts “underscore the strength of our offerings.”

https://www.defensenews.com/industry/2020/07/29/financial-pressures-on-boeings-commercial-biz-results-in-another-155m-charge-for-the-kc-46-tanker/

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16 février 2021 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

Contract Awards by US Department of Defense - February 16, 2021
AIR FORCE LinQuest Corp., Los Angeles, California, has been awarded a $200,000,000 indefinite-delivery/indefinite-quantity for advisory and assistance services in support of Space Operations Command. Work will be performed at Peterson Air Force Base, Colorado, and is expected to be completed Feb. 28, 2030. This award is the result of a competitive acquisition and one offer was received. Fiscal 2021 Space Force operation and maintenance funds in the amount $12,730,301 are being obligated at the time of award. Space Operations Command/Space Acquisition Management – Directorate, Peterson AFB, Colorado, is the contracting activity (FA2518-21-D-0001). U.S. SPECIAL OPERATIONS COMMAND Reservoir International LLC, Fayetteville, North Carolina, was awarded a $200,000,000 maximum indefinite-delivery/indefinite-quantity contract (H92239-21-D-0001) for Army Special Operations Forces training support services in support of the John F. Kennedy Special Warfare Center and 1st Special Warfare Training Group. Fiscal 2021 operation and maintenance funds in the amount of $3,449,752 are being obligated at the time of award. The work will be performed in the vicinity of Camp MacKall, North Carolina, until January 2026. The contract was awarded competitively among service-disabled veteran-owned small businesses with nine proposals received. U.S. Special Operations Command, Fort Bragg, North Carolina, is the contracting activity. DEFENSE HEALTH AGENCY Valor Network Inc., Metuchen, New Jersey (HT0015-21-D-0001), was awarded a $73,532,325 fixed-price, indefinite-delivery/indefinite-quantity contract to provide professional diagnostic radiology interpretive services to the Military Health System (MHS). The base year amount of the contract is $13,369,448. The contract has four 12-month option periods. This enterprise contract is to support the continued implementation of the MHS organizational reform required by 10 U.S. Code § 1073c, and sections 711 and 712 of the John S. McCain National Defense Authorization Act for fiscal 2019, effective Oct. 25, 2019, which eliminated separate silos of military healthcare and officially integrated healthcare under the authority, direction, and control of the Defense Health Agency, consistent with the direction provided by the secretary of defense. This contract was a competitive acquisition with eight proposals received. Fiscal 2021 operation and maintenance funds in the amount of $13,369,448 are being obligated at time of award. The Defense Health Agency, Enterprise Medical Support Contracting Division, San Antonio, Texas, is the contracting activity. (Awarded Feb. 12, 2021) ARMY General Dynamics Land Systems, Sterling Heights, Michigan, was awarded a $20,652,845 modification (P00127) to contract W56HZV-17-C-0067 for Abrams systems technical support. Work will be performed in Sterling Heights, Michigan, with an estimated completion date of June 22, 2022. Fiscal 2010 Foreign Military Sales (Kuwait) funds; fiscal 2021 operation and maintenance (Army) funds; and fiscal 2019, 2020 and 2021 other procurement (Army) funds in the amount of $20,652,845 were obligated at the time of the award. U.S. Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity. Raytheon Co., Dulles, Virginia, was awarded an $8,220,193 modification (P00042) to contract W52P1J-16-C-0046 for multinational information sharing services. Work will be performed in Kuwait, with an estimated completion date of July 15, 2021. Fiscal 2021 operation and maintenance (Army) funds in the amount of $1,895,193 were obligated at the time of the award. U.S. Army Contracting Command, Rock Island Arsenal, Illinois, is the contracting activity. Carbro Constructors Corp.,* Hillsborough, New Jersey, was awarded a $7,773,175 modification (P00004) to contract W912DS-19-C-0035 for construction of flood-control measures for Green Brook Segment C1. Work will be performed in Middlesex, New Jersey, with an estimated completion date of Oct. 13, 2021. Fiscal 2010 civil construction funds in the amount of $7,773,175 were obligated at the time of the award. U.S. Army Corps of Engineers, New York, New York, is the contracting activity. *Small business https://www.defense.gov/Newsroom/Contracts/Contract/Article/2504777/
18 janvier 2019 | International, Aérospatial

UK: £293 million deal for Apache fleet
The MOD has awarded a five-year, multi-million-pound deal to Leonardo Helicopters (UK) for the support of the existing fleet of 50 Apache attack helicopters. Defence Minister Stuart Andrew announced the £293 million contract with Leonardo Helicopters during a visit to the company's site in Yeovil where some of the vital work on the aircraft will take place. The Apache AH MK1 Integrated Operational Support (IOS) contract will maintain the fleet until it's out of service date in March 2024. The Apache MK1 is being incrementally replaced by the latest Apache AH-64E aircraft that will begin entering service with the British Army in 2022. The new AH-64E model will have improved sensors and avionics as well as greater performance that will enable the Army to sustain its battle-winning capabilities in future operations. Defence Minister Stuart Andrew said: The Apache has provided years of crucial battlefield support to UK and coalition troops in operations in Libya and Afghanistan. This multi-million-pound contract will ensure our Armed Forces continue to benefit from this vital capability as we integrate the latest Apache model into service in 2022. The IOS contract secured by Defence Equipment and Support, the MOD's procurement agency, includes deep maintenance, repair and overhaul of the MK1 aircraft as well as the provision of technical and spares support. The contract has been awarded in three tranches, to maintain value for money, with this latest investment covering the final five years of the fleet in service. Full article: https://www.gov.uk/government/news/293-million-deal-for-apache-fleet
21 juillet 2020 | International, Aérospatial

Indonesia says it wants to buy Austria’s entire Typhoon fighter fleet
By: Mike Yeo MELBOURNE, Australia — Indonesia has expressed interest in acquiring Austria's fleet of Eurofighter Typhoon fighter jets, in yet another surprise defense procurement plan from the southeast Asian country. Indonesia's defense minister, Prabowo Subianto, wrote a letter to his Austrian counterpart, Klaudia Tanner, seeking to initiate negotiations to buy all 15 Typhoons belonging to the Austrian Air Force. In his letter, which was published by Indonesian news outlets, Prabowo said the potential purchase will assist in his aims to continue modernizing the Indonesian Air Force. He added that he understood the “sensitivity” of his proposal, which was likely to be a reference to the continued controversy surrounding Austria's 2002 acquisition of the Typhoon. That purchase has been dogged by questions about cost and the effectiveness of the aircraft. More recently, there have been allegations of corruption related to the original contract award. These culminated in Austria's 2017 decision to retire the aircraft from service this year in favor of a “more effective and cost-effective” solution for the central European country's air defense needs. Indonesia's interest in the fleet comes two weeks after the surprise announcement that the U.S. State Department cleared the country to buy the Bell-Boeing MV-22 tilt-rotor aircraft. Indonesia has been seeking a fighter aircraft to serve alongside its fleet of 23 refurbished early-block Lockheed Martin F-16C/D Fighting Falcon jets. These are all former aircraft operated by the U.S. Air National Guard, and were delivered from 2014 onward. The decision to seek the Austrian Typhoons, which are all Tranche 1 aircraft configured primarily for air defense missions, is a blow to Russian aspirations to sell the Sukhoi Su-35 Flanker interceptor to Indonesia. Indonesia had selected the Su-35 as its next fighter to provide continuity with its existing fleet of Su-27 and Su-30s Flankers acquired in the early part of the last decade. Negotiations for the Russian jets ended in 2018, but Indonesia had been reticent to sign the $1.14 billion contract, reportedly over fears that it may be subject to American sanctions. The sanctions would come from a U.S. law, Countering America's Adversaries Through Sanctions Act, that targets Iran, North Korea and Russia. CAATSA was passed by Congress in 2017 and is meant to discourage governments or entities from acquiring weapons or military hardware and parts from U.S. adversaries. https://www.defensenews.com/global/asia-pacific/2020/07/20/indonesia-says-it-wants-to-buy-austrias-entire-typhoon-fighter-fleet/

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