Germany unveils increased defense budget

Sur le même sujet

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  18 décembre 2020 | International, Aérospatial

  Counter-drone startup Epirus raises $70M, plans to hire 100 people

  By: Joe Gould WASHINGTON ― Epirus, a venture-backed startup offering a counter-drone capability, announced Thursday it raised $70 million to speed its technology to market. The round was led by San Francisco, California-based Bedrock Capital, and brings the 2-year-old company's total capital raised to roughly $80 million. The news comes six months after Epirus inked a strategic supplier agreement with Northrop Grumman to provide exclusive access to Epirus' software-defined electromagnetic pulse system Leonidas. Since then, the firm has doubled in size and plans to add 100 jobs in 2021. “We're aggressively hiring and expanding our footprint on the East and West coasts,” Epirus CEO Leigh Madden told Defense News. He added that the firm is shifting its headquarters from the Hawthorne, California, office to its newer offices in Tysons Corner, Virginia. Alongside Bedrock and several other investment firms, L3Harris Technologies is investing in Epirus. Epirus developed a SmartPower power-management technology that underpins its counter-unmanned aircraft system, and the company plans to partner with L3Harris to create greater power efficiencies within some of its existing systems. The technology, which allows the system to deliver a high-power output with a relatively low-power input, has a range of applications across other radio frequency systems, Madden said. (The company's systems involve a combination of high-power microwave technology and, for enhanced targeting, artificial intelligence.) The new funding, “enables us to rapidly build out our counter-UAS system,” Madden said. “We'll be bringing the Leonidas system to market as well as advancing the capabilities of our SmartPower technology ― and working with government customers and partners to expand the application of that technology.” Beyond Bedrock and L3Harris, the new Series B funding came from Piedmont Capital Investments, 8VC, Fathom VC and Greenspring Associates. In 2019, Epirus closed $17 million in Series A funding, which was led by 8VC. (Series A is meant to help a company progress to the development stage, and Series B is meant to help a company market or expand its existing market footprint.) Geoff Lewis of Bedrock Capital said in a statement that investors are “confident Epirus has the capacity to integrate its technology into top tier counter-UAS systems and lead the way in developing new and compelling directed energy applications.” “Epirus counters the weak assumption baked into standard VC models that the economic and cultural gaps of defense-focused investments are too wide to overcome,” Lewis said. https://www.defensenews.com/2020/12/17/counter-drone-startup-epirus-raises-70m-plans-to-hire-100-people/

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  15 janvier 2019 | International, Aérospatial

  Croatia backtracks on decision to buy Israeli jets. What went wrong?

  By: Jaroslaw Adamowski WARSAW, Poland — The Croatian government has canceled its decision to purchase used F-16C/D Barak fighters from Israel, the Defence Ministry said in a Jan. 14 statement. The move follows a recommendation by the Croatian Defence Council that authorities relaunch the procurement step of its fighter jet acquisition program, set up to replace the country's outdated Mikoyan MiG-21 fighters. The council is comprised of President Kolinda Grabar-Kitarovic, Prime Minister Andrej Plenkovic, and a number of senior government, parliamentary and military officials. After a thorough analysis of the canceled procurement, Plenkovic's cabinet will “define a new model” of acquiring fighter jets for the Croatian Air Force, the prime minister said. Prior to the cancellation, Croatian Defence Minister Damir Krstičević said in a statement that “Israel has ... unfortunately officially informed the Ministry of Defence that it is unable to receive the adequate [third-party transfer] approval for the delivery of Israeli F-16 Barak aircraft to the Republic of Croatia.” Earlier this month, the Croatian government said it had given “Israel a deadline on its capability to deliver the aircraft offered at the international tender” and that Israel was “responsible for obtaining the approval from the United States for the supply of the aircraft.” Croatian officials have told local media the U.S. government accused its Israeli counterpart of unfair competition in the tender, in which the U.S. had offered Croatia secondhand F-16s. Other bidders included Greece, which offered used F-16s, and Sweden, which offered JAS 39 Gripen fighters. https://www.defensenews.com/air/2019/01/14/croatia-backtracks-on-decision-to-buy-israeli-jets-what-went-wrong

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  22 juin 2018 | International, Aérospatial, Naval, Terrestre, C4ISR

  Here’s who will lead the DoD group that could decide the future of military shopping

  By: Karen Jowers A retired Army major general and former retail executive will lead a Pentagon task force that is examining the case for a possible merger of the military exchange and commissary systems, Defense officials announced Thursday. Keith Thurgood, who was also the chief executive officer of the Army and Air Force Exchange Service from 2007 to 2010, will start work Monday. If the task force business case analysis confirms that consolidation is the right approach, and if Defense Department officials back that finding, Thurgood will serve as the consolidated organization's executive director until the permanent position is advertised and filled, according to a May 29 memo directing the task force's formation. The retired Reserve major general has more than 28 years of military service and has held executive positions at PepsiCo & Frito-Lay Inc., Sam's Club, Overseas Military Sales Corporation, and MedAssets, Inc. He will take a sabbatical from his current position as clinical professor at the University of Texas at Dallas. He could serve up to two years on the task force. The task force will examine “back office” operations of the exchanges and commissaries, such as information technology, human resources and accounting. It will first determine whether the exchange systems ― AAFES, Navy Exchange Service Command, and Marine Corps Exchange ― could be combined with one corporate “backbone.” Then members will determine whether the Defense Commissary Agency could be merged into that system. Consolidation of the stores wouldn't necessarily mean that commissaries and exchanges would be combined into one store. Officials are also looking at keeping the individual branding of the exchange stores on military bases, as they combine behind-the-scenes operations. “With General Thurgood's leadership, understanding of the customer experience, and private sector experience in the retail space, the task force will evaluate our potential to generate efficiencies and scrutinize the above-the-store business aspects of the exchange system, with a goal of validating and defining our execution plan for the way forward,” said John H. Gibson, II, DoD's chief management officer, in the DoD announcement. https://www.militarytimes.com/pay-benefits/2018/06/21/heres-who-will-lead-the-dod-group-that-could-decide-the-future-of-military-shopping/