25 octobre 2023 | International, Terrestre

Military equipment for Ukraine helps fuel General Dynamics' profit | Reuters

U.S. defense contractor General Dynamics' third-quarter results beat Wall Street estimates on Wednesday, as demand for artillery and armored vehicles, driven in part by a need to restock supplies sent to Ukraine, helped offset higher costs.

https://www.reuters.com/business/aerospace-defense/general-dynamics-quartely-revenue-rises-buoyant-weapons-demand-2023-10-25/

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  • Naval sales buoy French arms exports in new tally

    4 juin 2020 | International, Naval

    Naval sales buoy French arms exports in new tally

    By: Christina Mackenzie PARIS – France remained in the world's top five defense exporters in 2019 with €8.3 billion ($9.3 billion) worth of contracts signed, notably with European partners Belgium, the Netherlands, Hungary and Spain, according to a defense ministry report published this week. Half of these contracts were in the naval sector, a very sharp rise from the average 10 percent this sector represented in the past. The contract to replace the mine-hunters for the navies of Belgium and the Netherlands, a program piloted by Belgium on behalf of the two nations, accounted for more than 40 percent of naval sector sales. These sales also partially explain the very sharp rise in 2019 of exports to EU member states: 42 percent of the total, a figure that rises to almost 45 percent if one includes European non-EU members, compared to 25 percent in 2018 and an average 10-15 percent in previous years. The next major export client was the United Arab Emirates (with the Gowind corvette contract) but the 30 percent share of exports in the Africa/Middle East zone was 20 points down compared to 2018 but also compared to the average of the past decade. The report notes that France's exports are, above all, aimed at preserving its own security by establishing bilateral cooperations with European countries and strengthening transatlantic ties. The bilateral cooperations are high-level, long-term, intergovernmental agreements and exports to help the partner nations strengthen and adapt their military capacity. The sale of 16 H225M helicopters and 20 H145M helicopters to Hungary, of two telecommunication satellites to Spain and of the mine-hunters to Belgium and the Netherlands illustrate this philosophy. These exports are on par with those of the past decade “and were obtained in a particularly competitive context with the confirmation of U.S. supremacy and the emergence of new major exporters (notably China).” The parliamentary report also notes that Russia “occupies a very strong position on markets with limited financial resources [...] notably to conquer clients outside its traditional sphere of influence. Over the past few years, Russia has strengthened its position on the Asian markets, in the Middle-East and in north Africa.” There were 4,634 export licenses delivered in 2019, either for transfer of equipment (within the European Union) or for export (to all non-EU countries). But each license does not necessarily mean that an export took place, they merely give the framework for the authorization and establish the conditions for the export. Twenty-five license requests were turned down and some 110 were withdrawn by the applicant. https://www.defensenews.com/global/europe/2020/06/03/naval-sales-buoy-french-arms-exports-in-new-tally/

  • The light attack aircraft competition will be down to two competitors

    7 août 2018 | International, Aérospatial

    The light attack aircraft competition will be down to two competitors

    By: Valerie Insinna WASHINGTON — The Air Force is preparing to begin buying light attack aircraft next year — and the winner is going to be either Textron's AT-6 Wolverine or the Sierra Nevada Corp.-Embraer A-29 Super Tucano. According to a pre-solicitation posted on FedBizOpps on Aug. 3, the service will put out a final request for proposals to the two competitors in December with the hopes of awarding a contract by the end of September 2019. However, Air Force spokeswoman Ann Stefanek told Defense News on Monday that service leaders have not yet made a final decision on whether to green-light a program of record. Should that happen, the pre-solicitation will ensure that the service can move as quickly as it would like to eventually procure new planes, she said. If the new weapons program moves forward, it appears the service will limit the competition to the two aircraft currently involved in the service's light attack experiment. The pre-solicitation states that SNC and Textron Aviation “are the only firms that appear to possess the capability necessary to meet the requirement within the Air Force's time frame without causing an unacceptable delay in meeting the needs of the warfighter.” The Air Force's decision to only consider the A-29 and AT-6 had been foreshadowed by officials like Lt. Gen. Arnold Bunch, its top uniformed acquisition officer, who repeatedly stated that the service would likely limit a competition to those two participants. Full Article: https://www.defensenews.com/air/2018/08/06/the-light-attack-aircraft-competition-will-be-down-to-two-competitors/

  • Sweden ups defense budget 40% due to regional tensions

    17 décembre 2020 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

    Sweden ups defense budget 40% due to regional tensions

    By: The Associated Press STOCKHOLM — Sweden's parliament on Tuesday approved a 40 percent increase in the defense budget for 2021-2025 because of tensions in the Baltic Sea region in recent years, with officials saying Russia is the main reason for the move. The 349-member Riksdag assembly approved the largest hike in 70 years, bringing the annual defense budget by 2025 to 89 billion kronor (U.S. $11 billion). Defence Minister Peter Hultquist told the assembly before the series of votes that “it is the largest investment since the 1950s.” The proposal was put forward in October by Sweden's two-party Social Democrat-Green Party minority government, and it received immediate backing from two smaller opposition groups. The government described it as sending a signal after Russia's 2014 annexation of Crimea, repeated airspace violations by Russian military aircraft in the neighboring Baltics and a military buildup in Russia's exclave of Kaliningrad, which sits across the Baltic Sea from Sweden. “There is much to suggest that Russia's military capabilities in absolute terms will increase throughout the next 10-year period,” the adopted proposal read. The plan will see the armed forces grow from the current 55,000 positions to 90,000 by 2030. Several disbanded regiments will be reestablished and the number of conscripts will increase to 8,000 annually, which is a doubling compared with 2019. The Navy will receive new equipment and there will be upgrades in armament. Sweden currently spends 1.1 percent of gross domestic product on defense. Guidelines issued by NATO, of which Sweden isn't a member, advise that members spend 2 percent, although many do not achieve that target. In December 2017, Sweden decided to establish the nation's first new military regiment since World War II — a unit of 350 soldiers based on the strategically important Baltic Sea island of Gotland. In the same year, Sweden also introduced a selective military draft for men and women, having previously abolished a men-only draft in 2010. https://www.defensenews.com/global/europe/2020/12/15/sweden-ups-defense-budget-40-due-to-regional-tensions/

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