16 décembre 2021 | International, Aérospatial
Hornet Extension Project remains on schedule - Skies Mag
Two projects to increase the size of the CF-188 Hornet fleet and improve systems interoperability and combat capability are hitting their targets.
1 août 2018 | International, Naval
France confirms Fincantieri-STX shipyard deal, cautious on defense merger
ROME (Reuters) - The French government continues to support Italian shipbuilder Fincantieri's (FCT.MI) takeover of STX France, finance minister Bruno Le Maire said on Wednesday, but cautioned against hastening a related defense naval merger.
Speaking in Rome after a meeting with the Italian government, he told journalists France had not changed its position on the deal, quelling concerns the takeover could be hampered by tenser relations between Paris and Italy's new anti-establishment government.
However, he warned against hastening a merger between Fincantieri and French military shipyards operator Naval Group which has been seen as a possible follow-up to the takeover of STX.
“It would not be wise” to discuss a defense merger now, Le Maire told reporters, stressing that this was not part of the deal reached in 2017.
Under the terms of that agreement between France and Italy, Fincantieri bought a 50 percent share in STX, but it took effective control of the French shipyards thanks to a 12-year loan of a 1 percent stake by the French state, which is subject to review clauses.
Relations between France and Italy have soured in recent weeks over spats on migrants and after the Italian government raised doubts on the TAV French-Italian rail link project which would connect Lyon and Turin.
Le Maire said after his meeting on Wednesday with Italian Deputy Prime Minister Luigi Di Maio that Paris was still waiting for Italy's position on the project.
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26 juillet 2021 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité
Contracts for July 23, 2021
Today
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25 juin 2020 | International, Naval
Statement of Electric Boat President Kevin Graney on US Navy Award of Columbia-class Ballistic Missile Submarine Contract
Groton, Conn. June 22, 2020 - General Dynamics Electric Boat president Kevin Graney issued the following statement about a US Navy contract award announced today. "The shipbuilders of Electric Boat recognize the responsibility and welcome the opportunity to deliver the Columbia class. Columbia is our nation's top strategic defense priority and, as the prime contractor, we will provide the safest and most capable class of submarines in the defense of our nation. As we move toward full scale construction later this year, Columbia's design is more advanced than that of any previous submarine program. We stand ready to execute on this critical program and have made extensive preparations by hiring and training the next generation of skilled shipbuilders, expanding and modernizing our facilities and strengthening our supply base." Background information The Navy announced today that General Dynamics Electric Boat has been awarded a contract modification for the design completion, engineering work and design support efforts for the Columbia Class of Ballistic Missile Submarines. An option valued at $9.47 billion supporting the construction of the first two ships of the Columbia class is established as part of this modification. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). Electric Boat is the prime contractor on the design and construction of 12-ship Columbia class, which will replace the aging Ohio class of ballistic missile submarines. Electric Boat will manage numerous vendors and suppliers to do this work. Advanced construction began in 2017 at the company's facility in Quonset Point, Rhode Island. Final assembly and test of the Columbia class will take place starting in 2024 at Electric Boat's shipyard in Groton. General Dynamics is investing $1.8 billion in capital expenditures to construct and expand its facilities to support the construction of the Columbia class, the world's most advanced strategic missile submarine. The company's three primary locations are in Groton and New London, Conn.; and Quonset Point, R.I. Its current workforce is more than 16,000 employees. More information about Electric Boat is available at www.gdeb.com For more information about General Dynamics, please visit www.generaldynamics.com. View source version on General Dynamics Electric Boat : http://www.gdeb.com/news/news_archives/2020archives.html#06-22-2020