https://www.reuters.com/markets/deals/k ... 024-01-29/

Wow that's a nice little earner - put 6 million in, and cash out with 49% of a billion dollar IPO

To be fair the current CEO has tidied it up massively UK land is tiny, basically just 40% of RBSL, which may well be sold eventually I guess they see ship repair as not within Maritime because it's not product-driven, they're not developing anything. The funny one is Air Astana - they own an airline...

Order book is 70 billion and climbing! Here's a link for those who want to nerd out https://investors.baesystems.com/~/media/Files/B/BAE-Systems-Investor/pdfs/results-and-reports/results/2024/2023-full-year-presentation-transcript.pdf I found slides 31 and 52 really interesting, for example Order ba...

The thing is though many of these issues have affected every advanced manufacturing organisation in the world - Covid, supply chain, new production sites retiring workforce.- and they deal with them

Toyota runs 10 plants in the other Carolina

Air safety is complex. If you think you’ve got it all sorted and wrapped, you’re courting disaster. It is. But even after disaster years of it and repeated assurances Boeing still hasn’t got a grasp of the basics. The Rot is right through in Boeing it would seem. Had this conversation last year wit...

I meant more an "autonomous aircraft that can be thrown into A2A combat, figure out who the enemy is and defeat them". If they cannot do that then how can they replace fighter pilots? And if they need a manned fighter to act as "Mothership" what's to say the enemy won't just igno...

My .02 EUR worth - the manned fighter has been pronounced dead a few times. I mean, has a fully autonomous (as opposed to remotely piloted) aircraft actually flown? And if so why aren't we deploying them commercially? Possibly starting with airfreight. What about rules of engagement, hacking (which ...

Here's an interesting take on it https://www.timesaerospace.aero/news/events/wds-uk-moves-in-on-new-saudi-typhoon-order "But industry and UK Ministry of Defence (MoD) insiders reported that the German block had been just one factor in halting the planned deal, and that the RSAF was ‘holding out...

IMHO if LIS means anything that platform, or an evolution of it should basically own the light and medium strands of the LMP. They wouldn't need to be delivered in one batch - could be fed in at 100-200 a year as legacy platforms are phased out. The benefits of commonality and a short supply chain f...

If BAE are smart they'll keep the culture and add capital + marketing muscle. Personally I think it's exciting, we (UK PLC) really need to scale up in UAVs

I have to say, after listening to their founder, I question whether Aeralis have been going for the right market. Is fast jet training really a commodity? I mean if you get it slightly wrong / sub optimal you could end up losing many multiples of the the cost of the training platform. If I were an a...

This could be interesting -

https://www.telegraph.co.uk/business/20 ... er-of-sky/

Delivery platform for Stingray?

An update on setting up the organisational structure of the GCAP entity https://www.flightglobal.com/defence/gcap-industry-partners-70-through-negotiations-bae-official-says/156682.article I like this bit : We are looking at setting up a single entity that is authorised to act on behalf of the thre...

IMHO, given that we are maybe 12 months away from all out war with Russia and/or Iran, we probably need more of everything, yesterday. If TLAM can be bolted to the deck of a T45 where Harpoon used to go, just do it. Bolt Brimstone and/or Starstreak to the deck of the River class. Hell, the USMC stil...

Interesting discussion. In Automotive the tier one suppliers usually have an obligation to keep the supply chain in being for x years after production of the transmission / braking system / distributor / whatever is finished - for ongoing warranty and spare parts support. It's a key part of the init...

I speculated on something like this way upthread. Germany donating to Ukraine "indirectly"

Absolutely

BTW

I've got a bridge in London to sell you...

Maybe the Army might adopt it some time this century. Isn't Ukraine using Brimstone, mounted to Jackal?

Ian Hall wrote: ↑19 Nov 2023, 22:08 Not quite sure if we've seen such an export success as is CAMM for many decades.

It seems to have hit a sweet spot in the market, like Hawk or CVRT

I'm not sure where to put this - but it sounds interesting https://soldiersystems.net/2024/01/20/sig-sauer-expands-operations-in-united-kingdom/ “SIG will benefit from AI’s extensive UK market expertise and manufacturing and logistical infrastructure to assist in the transition toward a fully indepe...

BAE Archer proposal includes re-establishing sovereign UK barrel production https://www.baesystems.com/en-uk/article/bae-systems-announces-team-for-the-uks-future-artillery-programme If done, would be the one and only thing in the system that's made in Britain. One more than Ajax. ( except Optronic...

As a former cost accountant I love nerding out with this stuff :-). Currently in production - Customer / activity / backlog : Qatar Assembly c10 Kuwait Fuselage c15 Currently Contracted - Program / activity / PO Qty : Quadriga Fuselage 38 Halcon 1 Fuselage 20 Total Legal Commitment = Assembly 10 + F...

Sounds to me that worst case scenario Warton is going to become a support, subassembly, and upgrade business between now and the early 2030s. There's 63 fuselages to provide Spain / Quadriga plus 40 ECR2 upgrades (and more for KSA?). Also bear in mind Tempest is a revenue generating project. Warton'...

IMHO we should order more Typhoons now, from a hot production line.
How to pay for them? If more funding is off the agenda, worst case I'd take it out of the Army. Hold off on AH64E for a few years, drop the SF Chinooks, make do with 620 Boxer. Just my take, will grab tin hat

OMG
Are we sure this is not a parody account?

Update :
Comment from 4 years ago, latest stance is "fully supportive"