As Europe Scrambles To Buy UAVs, Where’s The Pilot In That Gripen?
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The Swedes who build the Gripen fighter are known for being practical, producing advanced fighters that are relatively cheap (at least compared to almost everyone else). At the Paris Air Show the Gripen folks, SaaB Group. very deliberately floated an interesting idea. Since the Gripen uses fly-by-wire technology and advanced avionics which virtually eliminate the need… Keep reading →
Foreign Arms Sales, Sequestration And The Future of Aerospace Companies
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PARIS: Every American defense company here wants to sell more weapons to foreign buyers in the Middle East and in Asia as they seek to compensate for flat or declining sales in the United States. Every European defense company wants to sell more weapons to foreign buyers in the Middle East and in Asia as… Keep reading →
V-22 Sees Up To 100 Foreign Sales; Drives Flight Costs Down, Boosts Readiness
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PARIS AIR SHOW: Flight hour costs have dropped while readiness rates have improved for the V-22, a rare feat indeed for a modern combat aircraft. Critics have pointed to the V-22’s readiness rates and costs as yet another reason to curtail the program, but when I asked Marine Col. Greg Masiello, manager of the Joint… Keep reading →
China Set To Grab UAV Market While US Restricts Sales
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PARIS: Psst. Hey mister. Wanna buy a UAV? China’s got drones for shooting, drones for intelligence, surveillance and reconnaissance, and drones for target practice. Cheap prices and no arms export restrictions. And China may grab a significant share of the international market for just those reasons, according to a new report by the U.S-China Economic… Keep reading →
Singapore Poised To Announce Purchase Of 12 F-35Bs
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WASHINGTON: Singapore is expected to announce sometime in the next 10 days that it plans to buy its first squadron –12 planes — of some 75 of Lockheed Martin’s F-35Bs, further bolstering what had been the flagging fortunes of the world’s most expensive conventional weapon system. The fact that American allies in the Pacific are… Keep reading →
U.S. Aerospace Sales Grow, But Not Jobs: AIA
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WASHINGTON: While anxiety over sequestration dominated yesterday’s annual meeting dominated of the Aerospace Industries Association, its member companies actually did pretty well in 2012. Civil aircraft sales, up 14 percent since 2011, and arms exports, up 12 percent, grew faster than Pentagon spending declined, which was just 3.4 percent. Overall, aerospace and defense profits are… Keep reading →
Drones Fly Into Postwar Storm: Insitu Faces Shrinking DoD Budget, ITAR, FAA
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GILLIAM COUNTY, OREGON: This isolated test site in rural Oregon is where Boeing subsidiary Insitu takes its drones “to torture them,” said site manager Jerry McWithey. Temperates soar to 110 degrees in summer and plummet to 10 degrees — with 50-knot winds — in winter. The hot-and-cold ordeal the drones go through is a microcosm… Keep reading →
Tanks For The Memories: What Was Hot At Massive Army Meet-Up
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AUSA: The Association of the US Army’s annual meeting was smaller this year, but when it comes to AUSA — like most things Army-related– small is a relative term. The conference, held this week, engulfed the entire Walter E. Washington Convention Center. Defense industry displays ranging from rifles to huge armored vehicles sprawled over 198,000… Keep reading →
Raytheon, Foreign Sales Already Strong, Looks to India, Turkey For More
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WASHINGTON: As US defense spending drops, lots of arms makers are seeking sales abroad, including mighty Lockheed Martin. But Raytheon executive Thomas Kennedy insists his company’s different. While other US contractors began emphasizing foreign sales in the last year, “54 percent of the revenue for the IDS business is from international [already],” said Kennedy, president… Keep reading →
US Defense Biz Outlook Grim, Foreign Sales Won’t Save It: Deloitte
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Even if Congress somehow averts sequestration, the defense industry is headed for layoffs and, at best, anemic growth, and the much-vaunted surge in foreign military sales won’t turn that around. If the automatic cuts known as sequestration do take effect as currently scheduled in January, the impact would be “a devastating blow.” That’s the bleak… Keep reading →