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Non-US Aerospace/Defense Companies & Contracts
HEADS UP TECHNOLOGIES ACQUIRES STG AEROSPACE
Thursday, August 11, 2022
CARROLLTON, Tex. -- Heads Up Technologies has acquired STG Aerospace, a manufacturer of proprietary aircraft cabin lighting products based in Cwmbran, U.K., and Miami, Florida.

"We are thrilled to welcome the STG Aerospace team to Heads Up Technologies to leverage our collective lighting solutions to meet critical OEM and operator needs across the entire aviation market," said Robert Harshaw, President and CEO of Heads Up Technologies. "STG Aerospace's concept-to-certification capability and extensive intellectual property are excellent complements to Heads Up Technologies' portfolio of lighting innovations."

"Designing high-quality emergency and cabin lighting components and systems that utilize our deep expertise and proprietary technology to create innovative solutions is our goal. Combining the expertise and products of both Heads Up Technologies and STG Aerospace makes an exciting solution set," said Grant Bennett, CEO of STG Aerospace.

This is the first acquisition by Heads Up Technologies since it teamed with the private equity firm JLL Partners in 2019. Heads Up Technologies designs, engineers, and manufactures proprietary cockpit, cabin, and aircraft electrical components and systems for the business and commercial aviation markets.

Source:  Heads Up Technologies

 
THALES ACQUIRES FULL OWNERSHIP OF ADVANCED ACOUSTIC CONCEPTS (AAC)
Wednesday, July 27, 2022
Click image for a larger picture

SQQ-89

.Source: U.S. Navy


SQQ-89

Source: U.S. Navy


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PARIS -- Thales' US subsidiary Thales Defense & Security, Inc. (TDSI) has acquired full ownership of AAC, their joint venture with Leonardo DRS. ? Terms were not announced.

TDSI serves the defense, federal, and commercial markets as a US provider of mission-critical systems, providing innovative solutions for the ground tactical, airborne and avionics, naval/maritime, and security domains. As a subsidiary of Thales, TDSI operates in accordance with a Proxy Agreement approved by the US Department of Defense to mitigate concerns associated with Foreign Ownership, Control, or Influence (FOCI).

With a well-recognized technology portfolio, TDSI serves as a gateway, leveraging proven Thales solutions from around the world - such as combat management systems; airborne, ship and ground radars; helmet mounted displays; missile fuzes; and battlefield sensors - to address US requirements.

AAC is one of the main US technical players in the fields of advanced sonar, training and knowledge management systems. The company delivers modernization systems for the US Navy through an open business, open systems technology insertion model. With more than 200 employees, AAC generated $80 million (about EUR€70 Million) sales in 2021.

Source:  https://www.thalesgroup.com/en/worldwide/defence/press_release/thales-acquires-full-ownership-advanced-acoustic-concepts-aac

 
U.S. NAVY'S NEW CONSTELLATION CLASS FRIGATE PROGRAM MOVES FORWARD
Monday, August 15, 2022
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Rendering of Future Constellation (FFG 62) FREMM Frigate

.Source: US Navy


Rendering of Future Constellation (FFG 62) FREMM Frigate

Source: US Navy


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NEWTOWN, Conn. -- The U.S. Navy's selection of the Italian version of FREMM for its Constellation class FFG(X) program can only be described as a stunning success for Fincantieri. This decision overturned over 200 years of U.S. Navy tradition. For all that time, it has been an abiding Navy principle that all its major surface combatants would be designed in the United States.

On April 30, 2020, the U.S. Navy awarded the contract for the new FFG(X) frigate to the Fincantieri-led team. The value of the contract is $795 million, and it covers the lead ship of the class plus nine additional ships as options. A minimum of 20 ships are planned, with construction taking place at Fincantieri's Marinette Marine shipyard in Wisconsin.

The detail design phase began immediately, and construction began around April 2022. The first ship of the class will be delivered by 20260. The lead ship will cost $1.281 billion, with $795 million of that covering the shipbuilder's detail design and construction costs and the rest covering the government-furnished equipment (GFE), including the combat systems, radar, launchers, command and control systems, decoys and more.

On October 8, 2020, U.S. Navy Secretary Kenneth Braithwaite announced that the first FFG(X) guided-missile frigate will be named USS Constellation (FFG 62), honoring one of the first wooden sailing frigates built for the U.S. Navy. The second USS Constellation was the last wooden sailing frigate built for the Navy and is currently preserved as a National Historic Landmark in Baltimore. FFG 62 will be the fifth ship to bear the name.

Announcement of the name for the lead ship of the FFG 62 class was accompanied by details of the new Battle Force 2045 plan, analyzing the force structure needed by the U.S. Navy to beat China in a high-end conflict. One possibility considered in Battle Force 2045 is contracting with a second yard to help build an increased number of FFG 62 class frigates, following the pattern of two contractors building the Arleigh Burke class destroyers. Three ships of this class have been named to date. The three ships are the Constellation, the Congress, and the Chesapeake. All three are named after three of the U.S. Navy's original six frigates.

In May 2021, a $554 million contract was signed for the second ship of class, the future USS Congress.

On August 15, 2022, Marinette Marine Corp. was awarded a $39,414,122 cost-plus-fixed-fee modification to previously awarded contract N00024-20-C-2300, from the United States Navy, to exercise an option for fiscal 2022 engineering and class support requirements in support of detail design and construction of the Constellation class guided-missile frigate.

Work will be performed in Marinette, Wisconsin (30%); Newport News, Virginia (25%); New York, New York (10%); Columbia, Maryland (10%); Philadelphia, Pennsylvania (10%); Ayer, Massachusetts (5%); Arlington, Virginia (5%); Herndon, Virginia (2%); Camden, New Jersey (2%); and Tulsa, Oklahoma (1%), and is expected to be completed by August 2023.

Work is expected to be completed by August 2031 if all options are exercised.

Fiscal 2022 shipbuilding and conversion (Navy) funds in the amount of $5,500,000 will be obligated at time of award and will not expire at the end of the current fiscal year.

The U.S. Navy's Naval Sea Systems Command, Washington, D.C., is the contracting activity.

Source:  www.forecastinternational.com
Associated URL: Click here to visit
Author: R. Sterk, Senior Analyst 

 

MORE NEWS CATEGORIES
AEROSPACE & DEFENSE ELECTRONICS
AIRLINES, COMMERCIAL AVIATION & MAINTENANCE
AVIATION ENGINES, PROPULSION & AUXILIARY POWER UNITS
INDUSTRIAL & MARINE GAS TURBINES
INTERNATIONAL MILITARY MARKETS & BUDGETS - ASIA, AUSTRALIA & PAC RIM/EURASIA
INTERNATIONAL MILITARY MARKETS & BUDGETS - EUROPE
INTERNATIONAL MILITARY MARKETS & BUDGETS - NORTH AMERICA
MILITARY AIRCRAFT
MILITARY VEHICLES, ORDNANCE, MUNITIONS, AMMUNITION & SMALL ARMS
MISSILES & MISSILE SYSTEMS
NAVAL SHIPS AND OPERATING SYSTEMS
NON-US AEROSPACE/DEFENSE COMPANIES & CONTRACTS
REGIONAL, BUSINESS & GENERAL AVIATION
ROTORCRAFT
SPACECRAFT, LAUNCH VEHICLES & SATELLITES
US AEROSPACE/DEFENSE COMPANIES & CONTRACTS
Drones and Unmanned Systems - Air, Sea, Land, Micro & Robot Systems
UTILITIES, ROTATING MACHINERY & POWER GENERATION


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