21 avril 2021 | International, Aérospatial

Sustainment Becoming Most Profitable Part of F-35 for Lockheed Martin - Air Force Magazine

Lockheed Martin’s Chief Financial Officer said sustainment is soon to be the most profitable part of the F-35 program.

https://www.airforcemag.com/sustainment-becoming-most-profitable-part-of-f-35-for-lockheed-martin

Sur le même sujet

  • Raytheon-FlexRadio team to develop airborne high-frequency radio

    5 septembre 2019 | International, C4ISR

    Raytheon-FlexRadio team to develop airborne high-frequency radio

    FORT WAYNE, Ind., Sep. 4, 2019 /PRNewswire/ -- Raytheon (NYSE: RTN) will develop and qualify a high-frequency radio under a $36 million Project Agreement through an Other Transaction Agreement with Consortium Management Group. The OTA is on behalf of Consortium for Command, Control and Communications in Cyberspace, in support of requirements from the U.S. Air Force Life Cycle Management Center. The new radio will provide beyond line-of-sight, long distance communications for aircrews. "High-frequency radios provide the military with secure communications in an increasingly complex and congested threat environment," said Barbara Borgonovi, vice president of Integrated Communication Systems. "Raytheon's partnership with FlexRadio combines commercial innovation with advanced military hardening techniques to rapidly deliver a next-generation operational capability that supports strategic and tactical missions." The Raytheon-FlexRadio team is one of two recipients for this development program. After the 31-month period of performance, one team will be named to move on to production. "Worldwide high-frequency communications is what our commercial customers do every day using virtually every mode of operation and type of propagation," said Gerald Youngblood, CEO of FlexRadio. "Our partnership brings together the vast resources and experience of Raytheon in airborne tactical communications systems with FlexRadio's commercial off-the-shelf high-frequency Software Defined Radios to deliver a modular, extensible, and flexible communications platform for the warfighter." About CMG The mission of Consortium Management Group, Inc. on behalf of Consortium for Command, Control, and Communications in Cyberspace (C5) is to speed development of technologies to improve U.S. Government capabilities required to sustain U.S. military supremacy in weapon systems information technologies. For more information on CMG and its uniquely rapid, cost-effective and collaborative acquisition vehicle for companies, nonprofits and academic organizations seeking to do business with the Federal Government, contact Mary Reinecke at mary@cmgcorp.org, 202-466-4211 About FlexRadio FlexRadio Systems is a leader in technologically advanced software defined radio systems for the consumer, commercial and government markets. Founded in 2003, FlexRadio has customers in more than 30 countries with a wide range of products spanning consumer HF radio systems, government geolocation sensors and signals intelligence platforms. FlexRadio Systems is headquartered in Austin, Texas. For more information, please visit www.flexradio.com. About Raytheon Raytheon Company, with 2018 sales of $27 billion and 67,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 97 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter. Media Contact B.J. Boling +1.972.952.4761 saspr@raytheon.com http://raytheon.mediaroom.com/2019-09-04-Raytheon-FlexRadio-team-to-develop-airborne-high-frequency-radio

  • Navy creating unmanned, AI operations hub within US Southern Command

    4 avril 2023 | International, Naval, C4ISR

    Navy creating unmanned, AI operations hub within US Southern Command

    The service said that, following the success of Task Force 59 in the Middle East, it would bring unmanned and AI operations to Central and South America.

  • Financial pressures on Boeing’s commercial biz results in another $155M charge for the KC-46 tanker

    30 juillet 2020 | International, Aérospatial

    Financial pressures on Boeing’s commercial biz results in another $155M charge for the KC-46 tanker

    By: Valerie Insinna WASHINGTON — Boeing must pay another $151 million out of its own pocket for the KC-46 program, but this time the charge isn't associated with technical problems that have plagued the tanker's development. While Boeing announced its second-quarter earnings Wednesday, it said the KC-46 charge was “primarily driven by additional fixed-cost allocation resulting from lower commercial airplane production volume due to COVID-19.” In short, because Boeing's commercial plane production has slowed down, it's costing more to produce the KC-46, a derivative of the Boeing 767 airliner that is manufactured on the 767 production line in Everett, Washington, and converted into a military tanker. Greg Smith, Boeing's chief financial officer, said with the ramp down of production on some commercial airliners, certain fixed costs have been transferred to other programs. “That's essentially what took place with tanker,” he told reporters during a media roundtable. “It was notable on tanker because of the margin that we're booking on, and therefore turned it into a reach-forward loss. There was impact on some of the other [commercial derivative] programs, but it was not really material at all.” Boeing is locked into paying any costs associated with the KC-46 that exceed the $4.9 billion firm fixed-price ceiling on its 2011 contract with the U.S. Air Force. The latest charge means Boeing will have spent more than $4.7 billion in company funds on the KC-46 program — almost equivalent to the Air Force's own investment in the program. But Smith pointed to the lack of performance-related losses for the KC-46 this quarter as a sign that the program is progressing. “We've still got a lot of work to do, but [we're] making good progress,” he said. Despite the tanker charge, Boeing's earnings for its defense and space sector were a bright spot for the company, which continues to grapple with financial distress caused by the coronavirus pandemic's impact on the travel industry and the ongoing grounding of the 737 Max. Boeing Defense, Space & Security logged $7 billion in new orders this quarter, including an award for three additional MQ-25 tanker drones for the U.S. Navy and 24 AH-64E Apache helicopters for Morocco. During a call with investors, Boeing CEO Dave Calhoun said the defense market remains healthy and that recent contracts “underscore the strength of our offerings.” https://www.defensenews.com/industry/2020/07/29/financial-pressures-on-boeings-commercial-biz-results-in-another-155m-charge-for-the-kc-46-tanker/

Toutes les nouvelles