26 octobre 2023 | International, Aérospatial

Swedish defence group Saab raises outlook after Q3 profit jumps, shares rise | Reuters

Swedish defence contractor Saab reported on Thursday a jump in third-quarter profit helped by high demand and raised its full-year sales outlook, sending its shares up 7% in early trade.

https://www.reuters.com/business/aerospace-defense/defence-group-saabs-q3-profit-jumps-raises-sales-outlook-2023-10-26/

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  • Elbit Systems Awarded $53 Million Contract to Supply and Integrate Intelligence Suites to a Navy in Southeast Asia

    6 juillet 2020 | International, Naval

    Elbit Systems Awarded $53 Million Contract to Supply and Integrate Intelligence Suites to a Navy in Southeast Asia

    Haifa, Israel, July 1, 2020 – Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems” or “the Company”) announced today that it was awarded a contract valued at approximately $53 million to provide and integrate intelligence suites onboard vessels of the Navy of a country in Southeast Asia. The contract will be performed over a two-year period. Under the contract Elbit Systems will equip several vessels with suites that provide the capability to perform complex reconnaissance missions, generating an operational picture of the air, surface and underwater domains. Elbit Systems will supply and integrate comprehensive suites comprised of an array of systems from across the Company's maritime portfolio, including: AES-212 electronic intelligence systems, NATACS naval tactical communication intelligence systems and jamming capabilities, SPECTRO XRTM electro-optical payloads, M670 hull mounted sonars, TRAPS towed reel-able active/passive sonars, underwater communication systems and combat management systems. The program also includes maritime radars and satellite communication capabilities. In addition, the Company will provide training services. Elad Aharonson, General Manager of Elbit Systems ISTAR Division, said: “There is growing demand for our maritime solutions. I believe that the unique combination of a diverse portfolio of operational systems and groundbreaking technological innovation enables us to effectively address the evolving needs of maritime forces.” 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, 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: https://elbitsystems.com/ , follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels. Contacts: 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, Brand & 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 View source version on Elbit Systems Ltd: https://elbitsystems.com/pr-new/elbit-systems-awarded-53-million-contract-to-supply-and-integrate-intelligence-suites-to-a-navy-in-southeast-asia/

  • Tunisia receives four T-6C training aircraft from U.S

    18 juillet 2023 | International, Aérospatial

    Tunisia receives four T-6C training aircraft from U.S

    The Tunisian defense ministry said on Tuesday it had received four T-6C training aircraft from the United States, as part of cooperation to renew its fleet of training aircraft for the air force.

  • With F-16 buy, Slovakia ‘cutting off’ Russian hardware

    19 novembre 2018 | International, Aérospatial

    With F-16 buy, Slovakia ‘cutting off’ Russian hardware

    HALIFAX, Canada — NATO member Slovakia is on track to purchase 14 Lockheed Martin F-16V fighters to replace its MiG-29 jets in a wider effort to break from Russia, the Slovak Ministry of Defence's No. 2 official said Saturday. In an interview on the sidelines of the Halifax International Security Forum, MoD State Secretary Róbert Ondrejcsák said of the Russian defense industrial relationship: “We are cutting off as quickly as we can. “The most important connection with Russia is still the MiG-29, which is still Russian manufactured, and it's what we are cutting now with the decision about the F-16s,” Ondrejcsák said. “There several are other smaller systems.” In the same vein, Slovakia also expects to receive five more Sikorsky UH-60M Black Hawk helicopters, which completes its planned purchase of nine. (Long-term plans call for at least 18 multi-role helicopters to replace Soviet-designed Mi-17 rotorcraft, though no platform has been selected as yet.) “By replacing them, we are also cutting those ties with Russia,” Ondrejcsák said, adding that Slovakia will fly the UH-60 and Mi-17 for several years while the UH-60 is phased in. Slovakia was a part of the Soviet bloc during the Cold War but joined the European Union and the NATO military alliance in 2004. Slovakian officials understand the purchase of American hardware strengthens their strategic relationship, but Ondrejcsák emphasized — on the anniversary of Czechoslovakia's velvet revolution in 1989 — the partnership is based on faith in liberal democratic values. “We want to see America as a leader in the free world, as they did for 70 years,” Ondrejcsák said. “We hear a lot here [at Halifax] about the values-based international order, but it's very real for us.” Beyond the U.S., leaders of Slovakia and the Czech Republic announced in September the two countries will cooperate on joint purchases of weapons and military equipment. Both have moved to increase their respective defense budgets following Russia's alleged military intervention in Ukraine's eastern part and its annexation of the Crimean Peninsula in 2014. As to the F-16s, Ondrejcsák said the intent is for his government to finalize the legislative vehicle and contract in the coming months to ensure timely delivery of the first F-16s in 2022 or 2023. In part driven by maintenance costs, Slovakia decided to make a switch from the MiG-29 and ultimately chose the F-16V over the Saab Gripen based on price and internal analysis, according to Ondrejcsák. The announcement came in July after U.S. State Department in April approved the potential sale of 14 Block 70/72 F-16Vs for Slovakia. Otherwise, negotiations are also underway for the U.S. to further improve Slovakian air fields in Sliač, which is in central Slovakia and in Malacky, which is in in Western Slovakia. “We take it as a win-win situation because they are investing in infrastructure, which will be crucial for us too,” Ondrejcsák said of the U.S. military. “Of course its good for them (the U.S. military) because in case of potential operations, they (the airfields) are available.” The U.S. Air Force has ramped up investments that would enable it to deploy to allied bases in Eastern Europe and operate close to Russia's western flank. U.S. air field improvements have already included partner air bases in Hungary, Estonia and elsewhere. As Slovakia upgrades its heavy mechanized units, it is also exploring the modernization of its existing fleet of T-72 main battle tanks, Ondrejcsák said, rather than wait for the next generation of MBT to be developed. No platform has been selected. “We will upgrade them to the highest possible standards which will allow them to operate in the framework of the mechanized brigade,” he said. https://www.defensenews.com/global/europe/2018/11/18/with-f-16-buy-slovakia-cutting-off-russian-hardware

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