US FAA moves to streamline key commercial space launch hurdle

Sur le même sujet

• 

  18 mars 2020 | International, Terrestre

  Elbit Systems’ U.S. Subsidiary Awarded $200 Million Contract to Provide Artillery Systems

  Haifa, Israel, March 15, 2020 – Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems” or “the Company”) announced today further to the Company's announcement dated March 27, 2019, that its U.S. subsidiary, Elbit Systems of America, LLC, was awarded a $200 million contract as part of the Israeli Ministry of Defense (IMOD) automatic self-propelled howitzer gun systems program. The contract will be performed over a 12-year period. 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, 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-u-s-subsidiary-awarded-200-million-contract-to-provide-artillery-systems/

• 

  17 juin 2020 | International, Aérospatial

  Canadian CF-18 upgrade package OK’d by US

  By: Aaron Mehta WASHINGTON — The U.S. State Department has cleared Canada to purchase a package of upgrades for its fleet of CF-18 Hornets, including upgraded radars and weapons, intended to serve as a bridge between the legacy fleet and Canada's future fighter. The package, which comes with an estimated price tag of $862.3 million, would fulfill the requirements for Canada's “Hornet Extension Project Phase 2,” which was announced last year. The program seeks to upgrade the “sensors, weapons, survivability, security and mission support to maintain parity with evolving threats” for 36 of Canada's Hornets, with initial delivery in 2023, according to a statement on the Canadian military's website. Canada has 80 CF-18s in inventory and is in the midst of a long attempt to replace the aging fighters with 88 newer designs — one of which has been marred with restarts and political challenges. The Phase 2 extension is designed to help bridge the capability gap until new jets come online. Among the upgrades included in this potential package: 50 Sidewinder AIM-9X Block II tactical missiles; 38 APG-79(V)4 active electronically scanned array radars; 38 APG-79(V)4 AESA radar A1 kits; 46 F/A-18A wide-band RADOMEs; upgrades to the Advanced Distributed Combat Training System; and technical assistance to support the upgraded jets. “This sale will provide Canada a 2-squadron bridge of enhanced F/A-18A aircraft to continue meeting NORAD and NATO commitments while it gradually introduces new advanced aircraft via the Future Fighter Capability Program between 2025 and 2035,” said a statement from the Defense Security Cooperation Agency, using an acronym for the U.S.-Canadian North American Aerospace Defense Command. “The proposed sale of the capabilities, as listed, will improve Canada's capability to meet current and future warfare threats and provide greater security for its critical infrastructure,” it added. Work would be performed by Raytheon in its El Segundo, California, location; General Dynamics Mission Systems in Marion, Virginia; Boeing's St. Louis, Missouri, facility; and Collins Aerospace in Cedar Rapids, Iowa. Any industrial offset agreements will be sorted out in the future. Announcements of potential Foreign Military Sales deals are not final, and dollar amounts or quantities of items may change during final negotiation. https://www.defensenews.com/global/the-americas/2020/06/16/canadian-cf-18-upgrade-package-okd-by-us

• 

  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/