28 octobre 2024 | International, Naval

Financing becomes a hurdle in Argentina’s quest for new submarines

A letter of intent for a purchase from Naval Group is in the works, but the country's bad credit history is holding up a financing arrangement.

https://www.defensenews.com/global/the-americas/2024/10/28/financing-becomes-a-hurdle-in-argentinas-quest-for-new-submarines/

Sur le même sujet

  • McCarthy: Without budget growth, Army heads toward ‘collision course’

    5 mars 2020 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

    McCarthy: Without budget growth, Army heads toward ‘collision course’

    Jen Judson WASHINGTON — Without top-line growth in the U.S. Army's future budgets, the service is headed toward a “collision course,” Army Secretary Ryan McCarthy said March 4 at the McAleese Defense Programs Conference. The Army has already gone through two-and-a-half years of deep budget scrubs through its “night court” process, which seeks to find funding areas in the budget that don't align with the National Defense Strategy and the service's modernization efforts, and moves those dollars into accounts that meet its priorities. In the Army's first night court, the chief, secretary, vice chief and undersecretary presided over decisions — big and small, easy and tough — for roughly 600 programs, shifting $33 billion from programs across the fiscal 2020 through FY24 five-year plan. In FY20, the Army is investing $8.6 billion in modernization efforts and, across the next five years, investing a total of $57 billion, a 137 percent increase from the previous year's five-year plan. The Army found another roughly 80 programs to scale back or cancel in order to free up funding in FY21, but Army leadership has admitted it's getting harder and harder to find low-hanging fruit in the process. The Army is now in the process of conducting its night court for FY22 in order to try to find more money to align with its modernization goals. Officials will have to start making choices in terms of restructuring procurement accounts to begin the divestiture of current capabilities in the force to make room for future programs that will enter Low-Rate Initial Production (LRIP) in the comings years. But that may not be enough if the Army doesn't get an increased top line of 3 to 5 percent in future budget years, McCarthy said. “What is going to be a challenge for us in ‘22 and ‘23 when [modernization programs] start to mature, we have to make choices in this milestone process, you start buying LRIP tranches,” he said. At the same time the Army has to grow the force because its current ratio of dwell time to deployment time is 1:1 worldwide, McCarthy said. “If we don't get 3 to 5 percent growth in the out-years, there is a collision course if you keep growing the force and starting bringing in all these capabilities,” he said. “Choices will have to be made if we can't increase the top line in ‘22 and ‘23, so will that mean will we have to flatten end-strength? Do we tier the weapon systems that we bring into the formations,” McCarthy asked. “These are the choices that we are talking about, we are looking at and we are going to be prepared to make.” McCarthy referenced recent comments from Defense Secretary Mark Esper regarding the need to review combatant command demands and asked, “Can we reduce demand worldwide? ... Are we being efficient with every soldier, sailor, airman and marine that we send forward? Can the allies do better? Can we increase their capabilities that do more of the burden that is everything from investing as well as putting more boots forward in the form of deterrence?” McCarthy told reporters following his speech that if the demand doesn't come down there, "there is no trade space left even if you are going to kill weapon systems that we've had for 40 to 50 years and if you are successful with Congress in getting that done.” The Army is discussing the numbers it needs with the White House, McCarthy added, but noted that “this is an election year. This is tough. This is going to be a march for the next couple of months.” But McCarthy stressed, the Army will “continue to grow until we are forced with a really difficult, really another inflection point, if you will, downstream.” https://www.defensenews.com/land/2020/03/04/mccarthy-without-budget-growth-army-heads-toward-collision-course/

  • US Navy acquisition chief outlines FY22 priorities

    5 octobre 2021 | International, Naval

    US Navy acquisition chief outlines FY22 priorities

    Next year will be a big one for Navy readiness, setting up the fleet for future success through F-35 sustainment, shipyard overhauls and IT transformation.

  • Bell pitches Viper attack helo to replace Japan’s Cobra copters

    29 novembre 2018 | International, Aérospatial

    Bell pitches Viper attack helo to replace Japan’s Cobra copters

    By: Mike Yeo TOKYO — American company Bell is promoting its AH-1Z Viper attack helicopter at the Japan International Aerospace Exhibition in Tokyo as its entrant for Japan's attack helicopter replacement program. The East Asian U.S. ally is seeking a new helicopter to replace the approximately 70 Bell AH-1S Cobra helos currently in use by the Japan Ground Self-Defense Force. The country had released a request for information in May seeking a new helicopter. Speaking to Defense News at the show, retired Lt. Gen. George Trautman, a former U.S. Marine aviator and commander of all Marine Corps aviation who now works as an adviser for Bell, said the company responded to the RFI through the U.S. government with 50 AH-1Z helicopters. John Woodbury, Bell's director of global military business development in the Asia-Pacific region, added that the RFI called for an attack helicopter with “marinization and shipboard compatibility,” with Trautman asserting that the AH-1Z can “operate onboard ships far better than the competition.” The representatives from Bell said there's more to marinization than additional corrosion protection from saltwater. They said this also includes foldable rotor blades and other measures that reduce the stowage footprint onboard the limited space on ships, as well as a design that minimizes electromagnetic interference. The requirement for the new attack helicopter to operate from ships suggests Japan plans to use them on Izumo-class helicopter destroyers or the smaller Hyuga-class of the Japan Maritime Self-Defense Force, which are equipped with a long flight deck to operate multiple helicopters. Japan will likely require at least a degree of technology transfer and local production for the new helicopters. Bell's relationship with Japan reaches across 65 years, including the company's partnership with Fuji Heavy Industries (now Subaru) for production of Japan's AH-1S helicopters. https://www.defensenews.com/digital-show-dailies/japan-aerospace/2018/11/28/bell-pitches-viper-attack-helo-to-replace-japans-cobra-copters

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