Taiwan proposes USD8.6 billion for defence ‘special' fund

by Jon Grevatt & Andrew MacDonald

Janes Defence Budgets forecasts that Taiwan's total defence expenditure will grow strongly in real terms in 2022 but will also likely decline by a similar margin in 2027 when allocated and proposed ‘special' funding ends. (Janes Defence Budgets)

Taiwan's Executive Yuan has announced a plan to spend TWD240 billion (USD8.6 billion) over the next five years to bolster naval and air combat capabilities.

The funding is designated as a ‘special' expenditure, and will be in addition to annual defence budget allocations. The new expenditure will also be focused on procuring local equipment and systems instead of imports.

In August, the Executive Yuan announced that the special budget for 2022 will be TWD40.1 billion. This allocation is part of a proposed total defence expenditure of TWD471.7 billion for the year, a nominal 4% increase over the total allocation in 2021.

In a press release on 16 September, the Executive Yuan indicated that the new special budget is required to boost Taiwan's national security in response to rising military threats from China.

“[The funding] will safeguard national sovereignty and national security based on regional environmental changes and the need for combat readiness,” said the Executive Yuan.


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Babcock finishes selling Frazer-Nash Consultancy to KBR

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.


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ADEX 2021: Hanwha deepens collaboration with Israeli firms

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).


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France qualifies Sea Fire radar ahead of FDI combat system integration

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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https://www.janes.com/defence-news/industry-headlines/latest/taiwan-proposes-usd86-billion-for-defence-special-fund

Taiwan's Executive Yuan has announced a plan to spend TWD240 billion (USD8.6 billion) over the next ...

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