29 mai 2020 | International, Terrestre

Kuwait wants to spend over $1.4 billion on Patriot upgrades

WASHINGTON — The U.S. State Department has OK'd a trio of packages to update Kuwait's Patriot missile defense systems, with a combined potential price tag of $1.425 billion.

The three packages, announced on the website of the U.S. Defense Security Cooperation Agency on Thursday, include $425 million for sustainment and technical assistance, $200 million for a repair and return program, and $800 million for 84 Patriot Advanced Capability (PAC-3) missile segment enhancements.

DSCA notifications are not final sales; if cleared by Congress, Kuwait will then enter negotiations over the package, during which quantities and costs can shift.

The potential sales “will supplement and improve Kuwait's capability to meet current and future threats and provide greater security for its critical oil and natural gas infrastructure,” according to the DSCA. “Kuwait will use the enhanced capability to strengthen its homeland defense. Kuwait will have no difficulty absorbing this equipment and services into its armed forces.”

The repair and return program involves shipping items that can't be serviced on the ground back to the U.S. military for refurbishment, and then inducted into the military's regular repair cycle. When the repairs are complete, the parts are shipped back to the country that owns them, which is then billed for the repairs.

Work will be performed at a number of locations, primarily the Huntsville, Alabama, locations of Raytheon, Lockheed Martin, Leido and KBR. In addition, work on the PAC-3 missile segments will be done at Lockheed's Dallas, Texas, office.

Kuwait has been a reliable customer for American military goods. Excluding Thursday's announcements, the country has been cleared for 13 Foreign Military Sales cases since the start of fiscal 2017, with an estimated price tag of $13.9 billion.

https://www.defensenews.com/global/mideast-africa/2020/05/28/kuwait-wants-to-spend-over-14-billion-on-patriot-upgrades/

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9 octobre 2019 | International, Aérospatial

Elbit Systems Awarded $153 Million Contract to Provide a Networked Multi-Layered UAS Array to an Army in Southeast Asia
HAIFA, Israel, October 6, 2019 /PRNewswire/ - Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at approximately $153 million to supply an Army of a country in Southeast Asia with a comprehensive, multi-layered array of Unmanned Aircraft Systems (UAS). The contract will be performed over a 22-month period. Under the contract, Elbit Systems will supply a networked multi-layered UAS solution, including more than a thousand THOR Multi-Rotor Vertical Takeoff and Landing (VTOL) mini-UAS, scores of Skylark LEX, Skylark 3 and Hermes 450 tactical UAS as well as Universal Ground Control Stations. Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, commented: "This contract award underlines our competitive edge as armies increasingly view multi-layered UAS solutions as key to providing superior intelligence while maintaining a high level of operational flexibility." About Elbit Systems Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land, and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems. For additional information, visit: elbitsystems.com, follow us on Twitter or visit our official Youtube Channel. Company Contact: Joseph Gaspar, Executive VP & CFO Tel: +972-4-8316663 j.gaspar@elbitsystems.com Rami Myerson, Director, Investor Relations Tel: +972-77-2946403 rami.myerson@elbitsystems.com David Vaaknin, VP, Head of Corporate Communications Tel: +972-77-2946691 david.vaaknin@elbitsystems.com IR Contact: Ehud Helft Gavriel Frohwein GK Investor Relations Tel: 1-646-688-3559 elbitsystems@gkir.com This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward-looking statements are based on management's expectations, estimates, projections and assumptions. Forward?looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward?looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward?looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements. Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein. View original content:http://www.prnewswire.com/news-releases/elbit-systems-awarded-153-million-contract-to-provide-a-networked-multi-layered-uas-array-to-an-army-in-southeast-asia-300932680.html SOURCE Elbit Systems Ltd
13 novembre 2023 | International, Aérospatial

BAE on track as orders flow amid heightened geopolitical risk | Reuters
BAE Systems maintained its guidance for annual earnings to rise as much as 12% as orders for military kit continued to flow at a time of heightened geopolitical risk, benefiting Britain's biggest defence company.
5 février 2021 | International, Aérospatial

GA-ASI Plans to Demonstrate Maritime Capability in UK
General Atomics Aeronautical Systems, Inc. (GA‑ASI) announces its plan to take a company-owned SkyGuardian Remotely Piloted Aircraft to the United Kingdom later this year to undertake a series of operational capability demonstrations for NATO allies, including the Netherlands. The UK's Protector program is a derivative of SkyGuardian with a range of UK modifications and the Royal Air Force (RAF) is supporting this visit. The GA-ASI aircraft will be configured with maritime capability, including a multi-mode maritime surface-search radar with Inverse Synthetic Aperture Radar imaging mode, an Automatic Identification System receiver, and a High-Definition, Full-Motion Video sensor equipped with optical and infrared cameras. This will build on previous GA-ASI demonstrations showcasing the unmanned advantage, which include the transatlantic flight of SkyGuardian in 2018, maritime demonstrations in Greece in 2019 and last year's validation flights in Japan. “GA-ASI will work closely with multiple European allies to demonstrate the capabilities of MQ-9B, including in the maritime environment, and how MQ-9B can complement and team within a networked environment with other national assets,” said Tommy Dunehew, vice president of International Strategic Development for GA-ASI. The series of civilian and military capability events is expected to kick off in July at the Royal Air Force's Waddington Air Base and will culminate with the MQ-9B's participation in the UK-led Joint Warrior exercise that will showcase how maritime capabilities can be integrated with other air, surface and land platforms. SkyGuardian flights will further develop GA-ASI's revolutionary Detect and Avoid capability, which will enable Protector to fly in unsegregated UK airspace. It will also assist RAF Waddington, the future home of the RAF Protector fleet, to best prepare to integrate the new aircraft into its daily operations. MQ-9B represents the next generation of RPA system having demonstrated airborne endurance of more than 40 hours, automatic takeoffs and landings under SATCOM-only control and the Detect and Avoid system. Its development is the result of a company-funded effort to deliver an RPA that can meet the stringent airworthiness certification requirements of various military and civil authorities. MQ-9B has garnered significant interest from customers throughout the world. The UK Ministry of Defence selected MQ-9B SkyGuardian for its Protector program, and in 2020 signed the production contract for deliveries to the Royal Air Force. SkyGuardian was selected by the Australian Defence Force under Project Air 7003, and the Belgian Ministry of Defense signed a contract for SkyGuardian. https://www.suasnews.com/2021/02/ga-asi-plans-to-demonstrate-maritime-capability-in-uk/

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Kuwait wants to spend over $1.4 billion on Patriot upgrades

Sur le même sujet

BAE on track as orders flow amid heightened geopolitical risk | Reuters BAE Systems maintained its guidance for annual earnings to rise as much as 12% as orders for military kit continued to flow at a time of heightened geopolitical risk, benefiting Britain's biggest defence company.

BAE on track as orders flow amid heightened geopolitical risk | Reuters
BAE Systems maintained its guidance for annual earnings to rise as much as 12% as orders for military kit continued to flow at a time of heightened geopolitical risk, benefiting Britain's biggest defence company.