13 juin 2019 | International, Autre défense
By Ian D'Costa
For decades, German arms giant Heckler & Koch has served as the gold standard for military and civilian weapons manufacturing — building revolutionary and oftentimes game-changing rifles, machine guns, grenade launchers, submachine guns and pistols for a variety of customers including special operations forces, conventional infantry units and law enforcement agencies.
After a lackluster 2018, reports indicate that H&K is now struggling to keep its head above water, with the hopes that boosting sales in FY2019 buys the company at least another year to come out of the red and fix the situation it's in.
The Tactical Wire recently reported that German business journals have already predicted the end for what was once one of the most powerful arms manufacturers in the world.
In fact, the situation is so bad that, as The Firearm Blog reported just last month, H&K employees jointly voted to increase weekly work hours without paid overtime, as well as nixed a one-off payment of 400 Euros per head for the month of July, so as to provide their beleaguered company some form of relief.
H&K's financial woes stem primarily from diminishing sales, so much so that FY2018 would have seen the company tank had it not been for “two bridging loans from an unnamed major shareholder.”
As the company's preexisting contracts with various international buyers are fulfilled, it has faced immeasurable difficulty generating new large-scale contracts with any of its products.
According to Neue Zürcher Zeitung, after KPMG conducted an audit of H&K in 2018, it was forced to insert a red flag warning that: “the lack of liquidity endangers the continued existence of Heckler & Koch." KPMG went on to state that the only way H&K would survive going forward is to generate a considerable bump in revenue over previous years, or face bankruptcy.
Earlier this year, H&K completed production and delivery of the M27 IAR (a derivative of the HK416) to the US Marine Corps. However, contracts with countries in the process of revamping their small arms arsenals, such as Portugal, have failed to materialize with these countries opting for weapons from other manufacturers.
2019 has also seen the imposition of a multi-million dollar fine on H&K by a German court after it was discovered that the company violated Germany's War Weapons Control Act through the illegal sales of rifles to Mexican states affected considerably by drug-trade violence.
H&K's hopes more than likely rest in securing a massive contract yet to be tendered by the German government for the long-term replacement of the German army's G36 assault rifles, another H&K product though one which didn't necessarily live up to the next-generation hype that earlier surrounded it.
Whether or not H&K will win the contract is a completely different question altogether, as it's also standard German defense procurement procedure to take into account the fiscal health and economic well being of the companies which have bid for larger contracts... and that's not looking too good for H&K.
It should also be noted that H&K is currently in the process of reequipping the French army with HK416 rifles to replace the FAMAS bullpup rifle platform with an overall mass order of over 93,000 units. The Norwegian government also contracted the company to supply HK416s to the Norwegian Armed Forces earlier this year.
However, that might not be enough to save H&K.
Should H&K lose out on the German G36 replacement contract, this could spell the end for the 71 year-old German small arms producer, and a potentially new beginning for a restructured company in its place.
5 décembre 2023 | International, Aérospatial
Russian air defence systems destroyed or intercepted a total of 41 Ukraine-launched drones overnight and early morning on Tuesday, the Russian defence ministry said.
8 mai 2019 | International, Aérospatial
By: Valerie Insinna NATIONAL HARBOR, Md. — The U.S. Navy and Marine Corps are monitoring the development of the Air Force's T-X training jet, but it may be years before they can launch their own competitions to replace the T-45, officials said Monday. “We're watching the T-X. Obviously the Air Force is going through that process,” Lt. Gen. Steven Rudder, the Marine Corps' deputy commandant for aviation, said during a panel at the Navy League's Sea-Air-Space conference. “At some point, we're going to have to replace the T-45. We're going to have to replace the F-5,” he said, referring to the T-45 Goshawk (used by the Navy and Marine Corps to train fighter pilots) and the F-5 (used to simulate adversaries during exercises). “Our adversary requirement is not going away. It only increases. That's another one that with our Air Force counterparts we're watching closely on many different fronts,” he added. Last year, the Air Force chose a Boeing-Saab team to build a new, clean-sheet trainer, awarding the firms a contract worth up to $9.2 billion. Although the service's program of record is 351 T-X jets and 46 simulators, the agreement gives it the flexibility to buy up to 475 aircraft and 120 simulators. A Navy and Marine Corps buy would add several hundred aircraft to the Air Force's eventual order — a massive financial win for Boeing, which bid extremely low on the T-X solicitation with the expectation of raking in big profits during the production stage. Boeing is set to deliver the first simulators to Joint Base San Antonio-Randolph, Texas, in 2023. In fiscal 2024, the Air Force will have enough simulators and trainers to declare its first squadron as operational. Angie Knappenberger, the Navy's deputy director of air warfare, said the timing of a T-X buy could be “problematic” because of the current schedule of the TH-57 replacement, which is taking priority over a new jet trainer. “Once we're able to accomplish that — the helicopter trainer replacement — then we're going to look more forward to something like the T-45 replacement. T-X would certainly be in the running as a candidate for something like that,” she said.https://www.defensenews.com/digital-show-dailies/navy-league/2019/05/07/the-air-forces-new-trainer-jet-is-attracting-the-navys-and-marine-corps-interests The Navy in January released a request for proposals for the TH-57 replacement, kick-starting a competition with Airbus, Bell and Leonardo that could potentially lead to a contract awarded this year. The service wants to buy 130 helicopter trainers from FY20 to FY23. Knappenberger did not elaborate on why the timing of the T-X program could be challenging for the Navy, but the service plans to finish purchasing new helicopter trainers just as Boeing starts producing and delivering T-Xs to the Air Force. Another key factor may be whether the T-X can be outfitted with the gear necessary for taking off from and landing on aircraft carriers, and how quickly Boeing could complete the engineering work involved. Like Rudder, Knappenberger noted the appeal of buying enough T-X trainers to fill the service's adversary air requirements, saying she's “curious to see” the jet's red air capabilities. The Air Force is also assessing the T-X's ability to conduct other mission sets. “You could imagine a version of the airframe that could be equipped as a light fighter. You can imagine a version that is equipped as an adversary air-training platform,” Air Combat Command head Gen. Mike Holmes told reporters in March. https://www.defensenews.com/digital-show-dailies/navy-league/2019/05/07/the-air-forces-new-trainer-jet-is-attracting-the-navys-and-marine-corps-interests
23 avril 2019 | International, Naval
The Navy on Wednesday released its first naval ship maintenance and modernization plan, underscoring the need for more dry docks because of the disparity between a backlog of repair work and repair shipyards' capabilities. The “Report to Congress on the... https://www.defensedaily.com/navys-first-maintenance-report-calls-dry-docks/navy-usmc/