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  11 octobre 2019 | International, Naval

  Lockheed Martin-Led Team Begins Construction On Navy Littoral Combat Ship, The Future USS Nantucket

  MARINETTE, Wis., October 9, 2019 /PRNewswire/ - Lockheed Martin (NYSE: LMT) and Fincantieri Marinette Marine marked the beginning of construction on Littoral Combat Ship (LCS) 27, the future USS Nantucket, with a ceremony in Marinette. As part of a ship-building tradition dating back centuries, a shipyard worker welded the initials of Polly Spencer, USS Nantucket ship sponsor and wife of U.S. Secretary of the Navy Richard Spencer, into the ship's keel plate. This plate will be affixed to the ship and travel with Nantucket throughout its commissioned life. "The USS Nantucket will confront many complex challenges," said Richard V. Spencer, the U.S. Secretary of the Navy. "It will confront humanitarian relief all the way to great power competition, drawing on the strength of every weld, every rivet applied by the great people here." Unique among combat ships, the focused-mission LCS is designed to support mine countermeasures, anti-submarine and surface warfare missions today and is easily adapted to serve future and evolving missions tomorrow. The Freedom-variant LCS is: Flexible — Forty percent of the hull is easily reconfigurable, able to integrate Longbow Hellfire Missiles, 30 mm guns, and manned and unmanned vehicles designed to meet today's and tomorrow's missions. Lethal — LCS is standard equipped with Rolling Airframe Missiles (RAM) and a Mark 110 gun, capable of firing 220 rounds per minute. Fast — LCS is capable of speeds in excess of 40 knots. Automated — LCS has the most efficient staffing of any combat ship. "LCS' built-in flexibility makes it unlike any other Navy ship in the water today," said Joe DePietro, vice president and general manager of Small Combatants and Ship Systems. "LCS can serve a multitude of missions to include surface, anti-submarine and mine countermeasure missions by quickly integrating mission equipment and deploying manned and unmanned aerial, surface or sub-surface vehicles." LCS 27 is the first Navy ship to be named after Nantucket, Massachusetts in more than 150 years. Nantucket has a deep connection to sailing and maritime traditions, serving as a whaling hub in the 1800s and as the home of generations of American sailors since the town's beginning. The previous USS Nantucket, the first to be named after the island, was commissioned in 1862 to serve during the American Civil War. "I have been given a very special honor in being the sponsor of the future USS Nantucket. I am happy she is being built here in Marinette, Wisconsin, which has an impressive history of shipbuilding," said Polly Spencer, LCS 27 sponsor. "Thank you to all the talented people who are bringing this ship to life... it is going to be an amazing journey that I am thrilled to be on." LCS 27 will be the 14th Freedom-variant LCS and will join a class of more than 30 ships. It is one of six ships in various stages of construction and test at the Fincantieri Marinette Marine shipyard. "We are very excited to begin construction of the future USS Nantucket," said Jan Allman, CEO of Fincantieri Marinette Marine. "Our men and women are proud to put their efforts into giving the Navy versatile ships to keep our country and its interests safe." Multimedia assets are available here: Social media video: https://vimeo.com/365396145 B-roll: https://vimeo.com/365406413 Speaker remarks: https://vimeo.com/365402844 Photos: https://www.flickr.com/photos/143371902@N04/albums/72157711268036447 For additional information, visit our website: www.lockheedmartin.com/lcs. About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. About Fincantieri Marinette Marine Fincantieri is the leading western shipbuilder with a rich history dating back more than 230 years, and a track record of building more than 7,000 ships. Fincantieri Marine Group is the American subsidiary of Fincantieri, and operates three Great Lakes Shipyards: Fincantieri Marinette Marine, Fincantieri Bay Shipbuilding, and Fincantieri ACE Marine. Fincantieri Marine Group's more than 2,100 steelworkers, craftsman, engineers and technicians in the United States specialize in the design, construction and maintenance of merchant ships and government vessels, including for the United States Navy and Coast Guard. About Gibbs & Cox Gibbs & Cox, the nation's leading independent maritime solutions firm specializing in naval architecture, marine engineering and design, is headquartered in Arlington, Virginia. The company, founded in 1929, has provided designs for nearly 80 percent of the current U.S. Navy surface combatant fleet; approaching 7,000 naval and commercial ships have been built to Gibbs & Cox designs. SOURCE Lockheed Martin View source version on Lockheed Martin: https://news.lockheedmartin.com/2019-10-09-Lockheed-Martin-led-Team-Begins-Construction-on-Navys-Littoral-Combat-Ship-the-future-USS-Nantucket#assets_all

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  10 septembre 2020 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

  Industry could wait months for COVID reimbursements from Pentagon

  By: Aaron Mehta WASHINGTON — As the defense department seeks billions in emergency funding to reimburse industry for costs incurred during the COVID-19 pandemic, the Pentagon's top acquisition official pledged not to rush that money out the door. Speaking at the annual Defense News Conference, Ellen Lord, undersecretary of defense for acquisition and sustainment, said it will likely take five to six months before any reimbursements to industry under the Coronavirus Aid, Relief, and Economic Security (CARES) act will take place as the department seeks a “very data driven approach” to that money. Section 3610 of the CARES act allows firms serving the federal government to seek reimbursement for pandemic-related expenses, but Congress hasn't passed corresponding appropriations. Defense officials have said they need roughly $10 billion, and that without added funding from Congress, the Pentagon would have to dip into modernization and readiness funds. “We believe we need that appropriation to maintain readiness because if we do not get that what we are going to find is we are not going to get the number of units delivered, we are not going to maintain warfighter readiness, we're not going to move forward in modernization,” Lord said. “We would like to take the one-time hit and then see where we go from there.” Should Congress appropriate the requested funds, the Pentagon would issue a request for proposal, with the large primes gathering data from up and down their supply chains before returning with their requests to the Pentagon. That process will likely take two to three months, Lord said. “Then we want to look at all of the proposals at once. It isn't going to be a first-in-first-out and we have to rationalize using the rules we've put in place, what would be reimbursable, and what's not,” she added. “So overall, we think five to six months, in terms of a process.” When the COVID pandemic struck in March, hundreds of defense subcontractors had to close up shop. As of now, only 30 remain shuttered, Lord said, although she acknowledged that the department is keeping a wary eye on the situation. “What we are looking for is whether or not we're maintaining warfighter readiness for our production programs, and then relative to modernization, whether we are hitting key milestones relative to development programs,” she said. “We have seen some slowdowns. We are carefully monitoring, using monthly metrics, where we are.” While the most recent round of quarterly earnings reports from public defense companies did not show a major slowdown from COVID, Lord warned that those reports “in large part don't reflect the hits that were taken by business,” warning of a “delayed response” in terms of the diseases' economic impact on the sector. “I would contend that most of the effects of COVID haven't yet been seen, because most companies gave their employees time off, they stretched out production, paid a lot of people for working 100% when perhaps they were only getting 50% of the hours in and so forth,” she said. “So I think the system has absorbed it up to this point in time. Now when we get to the point where we're having payments and incentive fees and award fees earned, and if we haven't done the deliveries, that's where you're going to see the hit.” https://www.defensenews.com/smr/defense-news-conference/2020/09/09/industry-could-wait-months-for-covid-reimbursements-from-pentagon

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  29 octobre 2020 | International, Terrestre

  Boeing has another overrun on the KC-46, but its CEO says there’s reason for hope

  Valerie Insinna   WASHINGTON — Boeing reported another $67 million charge on the KC-46 tanker program in third-quarter earnings disclosed Oct. 28, capping off a difficult quarter defined by continued hardships on its commercial side. The increase in KC-46 costs was “due to continued COVID-19 disruptions and productivity inefficiencies,” Boeing's chief financial officer, Greg Smith, told investors during an earnings call. However, Boeing CEO Dave Calhoun expressed confidence that the program would turn the corner in 2021 and become profitable for the company. “The tanker has been a drag on us for three or four years in every way you can think of with respect to investors,” he said. “But we are continuing to clear the hurdle with our customers with respect to its performance in their fleet and their need for that tanker. "That whole relationship, I believe, will begin to transition next year, and opposed to being a drag on our franchise — which it's been — I believe it will become a strength in our franchise.” Previous charges on the KC-46 program amount to about $4.7 billion — almost equal to the $4.9 billion sum of the company's firm fixed-price contract with the U.S. Air Force, which it signed in 2011. In July, a $151 million charge was attributed to the decline in commercial plane production driven by the COVID-19 pandemic. That slowdown has made it more expensive to produce commercial derivative planes like the KC-46, which is based on the Boeing 767 and made on the same production line in Everett, Washington. Overall, defense revenues slightly decreased to $6.8 billion “primarily due to derivative aircraft award timing,” the company said in a news release. But that impact paled in comparison to Boeing's commercial business, where revenues dropped from $8.2 billion in 2019 to $3.6 billion in 2020. As a result of those continued difficulties, the company plans to lay off an additional 7,000 workers by the end of 2021, Calhoun announced. At that point, Boeing's workforce will have been cut by almost 20 percent, down from 161,000 earlier this year to about 130,000 employees. Smith characterized 2020 has a “year of transition” for defense programs like the MQ-25, T-7 trainer and the Air Force One replacement, which are in development. Once those programs move into production, Boeing expects to see “modest growth,” he said. But Calhoun added that global defense spending is unlikely to greatly increase in the coming years, meaning that growth in Boeing's defense portfolio will be limited. “In fact, we believe there will be pressure on defense spending as a result of all the COVID-related spending that of course governments around the world have been experiencing,” he said. “I don't think we're looking at that world through rose-colored glasses. I expect real pressure on that market.” https://www.defensenews.com/industry/2020/10/28/boeing-has-another-overrun-on-the-kc-46-but-its-ceo-says-theres-some-reason-for-hope/