Philippines prioritises counter-purchases in defence trade
27 September 2021
by Jon Grevatt
According to Janes Defence Budgets, the Philippines will have one of the fastest growing defence budgets in the Indo-Pacific over the next 10 years. (Janes Defence Budgets)
The Philippines is continuing to place strong emphasis on ensuring government procurement in sectors including defence support counter-purchases of local commercial commodities, official statistics provided to
Statistics from the government's Philippine International Trading Corporation (PITC) show that 80% of completed countertrade projects between 1993 and 2020 supported the counter-purchase or export of local commodities.
The total value of completed countertrade projects during this period was USD835 million, the PITC statistics show. While the majority of these deals supported counter-purchases, 15% enabled offsets including technology transfers, and 5% were designated by the PITC as “debt for goods”.
The PITC did not disclose what proportion of these countertrade programmes were linked directly to procurements by the Department of National Defense (DND).
However, according to statistics showing data between 1989 and 2014, about 26% of the total value of completed countertrade projects were linked to defence and military procurements.
Babcock finishes selling Frazer-Nash Consultancy to KBR
22 October 2021
by Marc Selinger
UK-based Babcock International Group has completed the previously announced sale of its Frazer-Nash Consultancy to fellow engineering company KBR for approximately GBP293 million (USD404.2 million), Babcock said on 21 October.
Babcock first disclosed the transaction in August, saying the divestiture would help reduce its debt. Meanwhile, US-based KBR will expand its international advisory capabilities by obtaining Frazer-Nash, which operates mainly in the UK and Australia.
Frazer-Nash serves government and industry customers in defence and other sectors. Its defence engineering expertise spans areas such as air, land, and naval systems; command, control, communications, computers, intelligence, surveillance, target acquisition,
and reconnaissance; space defence; and weapons.
Besides providing the divestiture update, Babcock said its financial performance for the first half of fiscal year 2022 was in line with its expectations, as the company generated revenue of GBP2.2 billion and underlying operating profit of GBP115 million.
Babcock plans to release more details about its first-half results on 7 December.
ADEX 2021: Hanwha deepens collaboration with Israeli firms
22 October 2021
by Jon Grevatt
Hanwha Systems and Elta Systems have signed an agreement to explore opportunities to export AESA radars. In recent years, the two companies have collaborated on Hanwha's project to develop an AESA radar (pictured) for the KF-21 Boramae future fighter. (Defense Acquisition Program Administration)
South Korean firm Hanwha Systems has signed agreements with Israeli companies Elbit Systems and Elta Systems, a subsidiary of Israel Aerospace Industries (IAI), to pursue opportunities for technology co-operation and trade.
Hanwha Systems said on 21 October that the agreements – signed at the Seoul International Aerospace & Defense Exhibition (ADEX) – are focused on capabilities such as active electronically scanned array (AESA) radars, urban air mobility (UAM), and avionics.
Hanwha Systems' agreement with Elta Systems will look to collaborate on exporting AESA radars. Such efforts will integrate Hanwha Systems' radar antenna and Elta's radar signal processor, a press release stated.
The co-operation will also look to leverage the companies' joint work on developing an AESA radar for South Korea's KF-21 Boramae future fighter aircraft, which is being developed by Korea Aerospace Industries (KAI).
France qualifies Sea Fire radar ahead of FDI combat system integration
22 October 2021
by Richard Scott
A dual-face Sea Fire system is installed at SESDA in a replica of the FDI integrated mast. (Thales)
France's Direction générale de l'armement (DGA) has formally qualified the Thales Sea Fire S-band multifunction active electronically scanned array (AESA) radar ahead of integration into the combat system of the new Amiral Ronarc'h-class Frégate de défense et d'intervention (FDI) frigates.
Announced on 21 October 2021, the qualification milestone follows 18 months of land-based testing performed at the DGA's Site d'expérimentation des systèmes de défense aérienne (SESDA) shore integration facility at Saint-Mandrier, near Toulon, on the Mediterranean coast. The radar is now being transferred to Naval Group to support FDI combat system integration activities.
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