29 octobre 2020 | International, Aérospatial
WASHINGTON ― Raytheon Technologies is cutting 15,000 staff and 4,000 contractor positions, largely at the company's Pratt & Whitney and Collins Aerospace divisions, due to decreased commercial aerospace sales from COVID-19 pandemic, CEO Greg Hayes said Tuesday on the company's earnings call.
The Waltham, Mass., aerospace giant is the latest company to announce losses since the pandemic has sent commercial aerospace companies reeling, costing them tens of thousands of jobs and millions in lost profits. Hayes projected the market segment wouldn't get a sharp rebound, but instead see “a long, slow recovery,” over several years.
“We don't expect commercial air traffic to return to 2019 levels, until at least 2023. And that's of course depending upon the timing of a widely distributed vaccine. In the near term, we expect a gradual recovery of commercial air traffic particularly given the recent spike in global cases [of coronavirus],” Hayes said.
“As you know, we set aggressive targets in the first quarter to reduce costs by about $2 billion and to take actions to conserve about $4 billion in cash, making difficult but necessary actions to reduce headcount,” Hayes said.
The ongoing personnel actions will reflect a 20 percent cut at both divisions, and include both temporary furloughs and a hiring freeze. In its merger with United Technologies in April, the company already planned to cut 1,000 jobs, mostly on its corporate side, Hayes said.
The company is also reducing its infrastructure, which takes up 31 million square feet, by more than 20 percent ― beyond an earlier 10 percent goal for the merger. Hayes said that even after the pandemic subsides, it would continue to employ increased remote-work arrangements as part of a multiyear strategy to slash overhead.
An announced aerospace-parts facility in western North Carolina is still in the works, as Hayes said the company would need the capacity when demand returns. “I think by the time this comes online in late 2023, we should see a kind of return to normalcy in commercial aerospace, and Pratt will be well positioned with a much lower cost, much more automated production facility,” he said.
According to third-quarter numbers posted by Raytheon, Pratt & Whitney posted a $615 million loss in operating profit for the quarter versus a $520 million profit for the same period in 2019. Pratt's military sales rose 11 percent, driven in part by production of the F-35 joint strike fighter.
Collins managed to post an operating profit of $526 million for the quarter, but the number marked a 58 percent drop over the prior year.
Raytheon's commercial aftermarket business fell 51 percent at Pratt & Whitney and 52 percent at Collins Aerospace, while the company's military side was up.
Both Raytheon's intelligence and space and missiles and defense segments offset some of the losses, as the company reported sales of $14.7 billion and an operating profit of $434 million for the quarter.
Raytheon executives were upbeat on the defense business's backlog of more than $70 billion, and for the quarter, the segment posted $928 million in classified bookings.
Correction: An earlier version of the story misstated the timing of the job cuts. They are ongoing, and most took place prior to Tuesday's call.
https://www.defensenews.com/2020/10/27/raytheon-to-lay-off-20000-amid-commercial-aviation-slide/
3 mars 2021 | International, C4ISR
As part of the MOU, KAI and IAI are aiming to expand their long cooperation to market the loitering munitions to ROK Army requirements.
16 octobre 2018 | International, Naval, Terrestre, C4ISR
ARMY Absolute Business Solutions Inc., Herndon, Virginia (W911QY-19-D-0001); Data Systems Analysts Inc., Feasterville Trevose, Pennsylvania (W911QY-19-D-0002); DCS Corp., Alexandria, Virginia (W911QY-19-D-0003); HII Mission Driven Innovative Solutions Inc., Huntsville, Alabama (W911QY-19-D-0004); Integrity Consulting Engineering and Security Solutions,* Purcellville, Virginia (W911QY-19-D-0005); Interactive Process Technology LLC, Billerica, Massachusetts (W911QY-19-D-0006); Joint Research and Development Inc.,* Stafford, Virginia (W911QY-19-D-0007); Kalman and Company Inc., Virginia Beach, Virginia (W911QY-19-D-0008); MLT Systems LLC,* Stafford, Virginia (W911QY-19-D-0009); Mustang Gray LLC,* Stafford, Virginia (W911QY-19-D-0010); Patricio Enterprises Inc., Stafford, Virginia (W911QY-19-D-0011); and Whitney, Bradley & Brown Inc., Reston, Virginia (W911QY-19-D-0012), will share in a $249,000,000 firm-fixed-price contract for providing resources in support of the Joint Program Executive Office for Chemical and Biological Defense. Bids were solicited via the internet with 21 received. Work locations and funding will be determined with each order, with an estimated completion date of Oct. 14, 2023. U.S. Army Contracting Command, Aberdeen Proving Ground, Maryland, is the contracting activity. NAVY Dyncorp International LLC, Fort Worth, Texas, is awarded a $152,247,409 firm-fixed-price, cost reimbursable, indefinite-delivery/indefinite-quantity contract. This contract provides for logistics support services and material for the organizational and depot level maintenance of approximately 118 TH-57 aircraft. Work will be performed in Milton, Florida, and is expected to be completed in November 2022. No funds will be obligated at time of award. Funds will be obligated on individual task orders as they are issued. This contract was competitively procured via an electronic request for proposal, with two offers received. The Naval Air Warfare Center Training Systems Division, Orlando, Florida, is the contracting activity (N61340-19-D-0905). WR Systems Ltd., Norfolk, Virginia, is awarded a $49,999,996 indefinite-delivery/indefinite-quantity, performance-based contract with provisions for cost-plus-fixed-fee and firm-fixed-price task orders. The contract is for the procurement of positioning, navigation and timing engineering and in-service engineering agency support services. The services required include design development, systems integration, acquisition and prototype engineering, technical documentation, and integrated logistic support in order to support the Integrated Product Team. Work will be performed in Norfolk, Virginia, and is expected to be completed by October 2020. Fiscal 2018 other procurement (Navy) funds in the amount of $1,200 are obligated at the time of award and will not expire at the end of the current fiscal year. This contract was not competitively procured because this is a sole-source acquisition pursuant to the authority of 10 U.S. Code 2304(c)(1), one source or limited sources (Federal Acquisition Regulation 6.302-1(a)(2)(iii)(B)). Space and Naval Warfare Systems Center Atlantic, Charleston, South Carolina, is the contracting activity (N6523619D8001). The Boeing Co., St. Louis, Missouri, is awarded $24,400,000 for cost plus-incentive-fee delivery order N0001918F2046 against a previously issued basic ordering agreement (N00019-16-G-0001). This order provides for Airborne Electronic Attack (AEA) System enhancements to the ALQ-218 receiver system hardware and communication lines between assemblies to accommodate future planned functional growth and enhancements. Thirteen sets of WRA-7, WRA-8, WRA-9, and 18 AEA gun bay pallets will be modified and the associated technical directives will be written in support of the Navy and the government of Australia. Work will be performed in Baltimore, Maryland (31 percent); St. Louis, Missouri (23 percent); St. Augustine, Florida (15 percent); Bethpage, New York (11 percent); Patuxent River, Maryland (10 percent); and China Lake, California (10 percent), and is expected to be completed in December 2020. Fiscal 2018 aircraft procurement (Navy); and foreign military sales funds in the amount of $24,400,000 will be obligated at time of award, none of which will expire at the end of the current fiscal year. This delivery order combines purchases for the Navy ($23,157,457; 95 percent); and the government of Australia ($1,242,543; 5 percent). The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity. Electric Boat Corp., Groton, Connecticut, is awarded a $14,718,840 cost-plus-fixed-fee contract for the Next Generation Submarine Science and Technology Research. This contract contains options, which if exercised, would increase the contract value to $39,661,906. Work will be performed in Groton, Connecticut, and work is expected to be completed by Oct. 14, 2019. If options are exercised, work will continue through October 2023. Fiscal 2018 research, development, test and evaluation (Navy) funds in the amount $10,000 will be obligated at the time of award. No funds will expire at the end of the current fiscal year. This contract was competitively procured under N00014-18-S-B001 “Long Range Broad Agency Announcement (BAA) for Navy and Marine Corps Science and Technology.” Proposals will be received throughout the year under the long range BAA, therefore, the number of proposals received in response to the solicitation is unknown. The Office of Naval Research, Arlington, Virginia, is the contracting activity (N00014-19-C-1002). DEFENSE INFORMATION SYSTEMS AGENCY Southwind Construction Services LLC, Edmond, Oklahoma, was awarded a competitive firm-fixed-price contract for the installation of raised floor and high density cooling and power upgrade at the Oklahoma City, Oklahoma data center. The face value of this action is $9,177,535 funded by fiscal 2018 and 2019 capital funds. Performance will be at Data Center Oklahoma City, Tinker Air Force Base, Oklahoma. Proposals were solicited via the Federal Business Opportunity website and three proposals were received. The period of performance is 365 days after contract award (estimated period of performance is Oct. 22, 2018 - Oct. 21, 2019). The Defense Information Technology Contracting Organization, Scott AFB, Illinois, is the contracting activity (HC102819C0001). *Small Business https://dod.defense.gov/News/Contracts/Contract-View/Article/1662895/source/GovDelivery/
28 janvier 2021 | International, Aérospatial, C4ISR
DEFENSE Focus sur le système « Vision », développé par Safran Electronics & Defense et Sodern La Tribune consacre un article au système de visée stellaire diurne et nocturne pour avions militaires, baptisé « Vision », développé par Safran Electronics & Defense et Sodern (filiale d'ArianeGroup). Ce système vise à être « permanent et totalement discret, sans émission de signaux radio électriques, et permettra une navigation précise et sûre, non tributaire de signaux de radionavigation (donc ni brouillable ni leurrable) et totalement souveraine », selon l'Agence de l'innovation de défense. « Ces viseurs d'étoiles diurnes permettront à nos aéronefs d'effectuer leur mission même lorsque les solutions de positionnement par satellites ne sont plus disponibles, comme cela peut malheureusement arriver sur nos thé'tres d'opérations », avait expliqué en juillet dernier la ministre des Armées, Florence Parly, dans un discours prononcé à Limeil-Brévannes au sein de Sodern. Lancé en 2016 par la DGA (Direction générale de l'armement), le projet vient de franchir une étape importante, avec la réalisation « d'essais au sol et en vol couronnés de succès », a récemment fait savoir l'Agence de l'Innovation de défense. Au terme de son développement, cet équipement permettra aux forces armées françaises de s'affranchir de toute dépendance aux systèmes de positionnement par satellites GNSS, notamment au GPS et à Galileo. La Tribune du 28 janvier