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Correction: Due to an editing error, the first edition of this newsletter was By 2021, F-35 sales have fallen from Finland. does not. The text below has been updated.
Welcome to August, a “slow news month” that doesn’t live up to the hype. Could it be true this year as Congress prepares for summer vacation and everyone is out for a revenge trip? Certainly, July was far from slow, with the first Farnborough Air Show in four years and approval for a major arms sale. Let’s review.
In the last two weeks The US State Department has approved more than $15 billion in foreign military sales. Among the approved deals: Patriot interceptors for Saudi Arabia and THAAD interceptors for the United Arab Emirates.
With less than two months left in the fiscal year ending Sept. 30, the Biden administration has approved $71 billion in arms sales to allies this year, according to data compiled by Cowen & Company analyst Roman Schweitzer. That total is more than the value of the arms deals approved during the Trump administration’s 2018, 2019 and 2020 budgets, Schweizer wrote in a note to investors on Thursday. In the year The deals approved in fiscal year 2021 totaled $85 billion—but remember, that includes the sale of F-35s and F/A-18s to Finland. Helsinki chose the F-35 over the F/A-18, so no sale of the Super Hornet occurred.
For years, the Middle East has been a hotbed for foreign arms sales, with allies drawing arms deals to thwart Iran. Indo-Pacific allies and partners are buying weapons amid China’s arms stockpile. European allies plan to spend more on defense and security as a result of Russia’s invasion of Ukraine. All of this is expected to add tens of billions of dollars to the Pentagon’s 2023 budget after Congress does the same this year.
We have discussed the potential for the purchase and stockpiling of US-made weapons in Ukraine, and we believe this may be a similar theme for partners in Europe and Asia who use US-made weapons (leads to a higher stockpile build),” Schweizer wrote.
Data analysis company Govini It released a new national security scorecard that looks at investments in critical technologies such as biotechnology, hypersonics, directed energy, space, advanced materials and more.
“[T]”We are on the eve of a new era in the nature of warfare brought about by rapid technological change,” Govini Chairman Bob Work and CEO Tara Murphy Dougherty wrote in the report’s foreword. “However, as in the past, the technologies driving change are not primarily military, but civilian technologies for military use. As a result, the United States’ techno-military clash with the People’s Republic of China is not about which side can build better weapons, but about who can use critical new technologies.”
Oshkosh delivered the first Stryker double-V-hull infantry carrier vehicle A 30 millimeter medium caliber weapon system was developed for evaluation at the US Army’s Aberdeen Test Center. The company is expected to deliver the seven vehicles to the Army by June 2023 for testing by September.
Defense and technology company Leidos Cobham Aviation Services has announced the acquisition of its Australian special mission business. “Cobham’s Special Missions Team carries out vital operations that protect Australia’s borders, support law enforcement and environmental protection and save lives,” Ledos CEO Roger Crone said in a statement. “The integration of Special Missions into Leidos Australia will expand global airborne ISR capabilities, increase revenues and open new avenues for growth.” Terms of the deal were not disclosed.
In other M&A news, Thales Defense & Security He took full ownership of Advanced Acoustic Concepts, a marine technology partnership previously with Leonardo DRS. The acquisition will allow Thales to “enhance its engineering and industrial footprint in the US defense market with consolidated American teams and capabilities.” Terms of the deal were not disclosed.
Doing activities
Defense Minister Lloyd Austin named Air Force General Patrick Ryder Pentagon press secretary. Ryder is currently the director of public affairs for the Air and Space Forces.
Head of Lockheed Martin Missiles and Fire Control Scott Green He announced his retirement on December 31 after 41 years with the company. A successor has not yet been named.
Named Palantir David Sparks, the Pentagon’s first chief data officer, senior adviser. The company said in an emailed statement that it will “advise the company’s leadership and focus on growing the U.S. government and international business.”
Parsons named James Lackey Head of Defense and Intelligence Mission Solutions Sector. “In his new position, Laki will oversee the sector’s business performance and strategic development, such as the company’s next-generation near-peer threat simulation environments and innovative integrated hardware and software solutions including space satellite launch integration, ground. station command and control, space domain awareness and DevSecOps engineering, The company said in an emailed statement.
Boeing was named on July 28 Brian BesanciniThe former Walmart and Disney executive has been the company’s senior vice president and chief communications officer since Sept. 6.
Sierra Space has established a national security advisory group that includes former senior government and military officials William Fraser, Lori Garver, Susan Gordon, David Hamilton, Paul Forest, Mac ThornberryAnd Stephen “Sev” Wilson. James “Hondo” Geurts He is the chairman of the board.
One of the defenses
Company officials see the company playing a major role in designing hypersonic weapons and next-generation aircraft.
Under the deal, Riyadh could spend $3 billion on Patriot interceptors; UAE, $2.2 billion on THAAD missiles.
Lockheed plans to continue investing in companies with disruptive technology.
The contract, which can grow to 75 aircraft, is a big victory for the supporters of the close air support.
Four unmanned surface ships traveled with the manned ships, sharing information and testing how they would work with the larger US fleet.
Nathaniel Feek, a former Navy SEAL and director of the Center for New American Security, also wants more defense efforts in cyberspace.
And could it help save the annual bloat caused by congressional inaction?
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