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Tax breaks and loans for attracting investments in Turkish defence programs

Tax breaks and loans for attracting investments in Turkish defence programs

ANKARA (Turkey), April 18, 2018, Author: Galina Zdravkova (Bm), Photo: Peter Macdiarmid/Getty Images

Turkey offers tax breaks, tax reductions, exemptions from import duties, as well as soft loans for the purposes of attracting investments in local defence programs. The goal of these incentives is the indigenous defence programs to be boosted, reported Defense News.

The program has shown immediate results. Only during the first two months of this year, thirteen defence investment projects were incorporated by the Government. The projects were submitted by 12 companies and the total amount of these investments is $350 million as of the moment.

Roketsan’s new production line is the largest investment program benefiting from the incentives till the end of February. The investment plan of the missile maker that is state-controlled is at the amount of $217 million.

The Turkey’s largest defence company – the military electronics specialist Aselsan – will be also supported under the incentives program for its new investment in electronic systems at $35 million and new investment in aerial and missile systems at $40 million.

Private defence investments will be also subsidized by government incentives this year. For example, the private company Most Makina has planned investment in steel equipment for defence systems at the amount of $385 million, for which it will receive government incentives.

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Raytheon Will Advise the Kingdom of Jordan’s Royal Hashemite Court on Cybersecurity

Raytheon Will Advise the Kingdom of Jordan’s Royal Hashemite Court on Cybersecurity

FARNBOROUGH, the UK (BulgarianMilitary.com), 20 July 2018, Editor: Galina Zdravkova, Photo credit: Raytheon

Raytheon will advise the Kingdom of Jordan’s Royal Hashemite Court on cybersecurity. The decision was announced by Raytheon on Tuesday, 17th July 2018. The Intelligence, Information and Services business of the company will ensure cyber defence solutions and counsel for the purposes of protecting systems and infrastructure of key importance within the Kingdom of Jordan, learned BulgarianMilitary.com

The President of Raytheon Intelligence, Information and Services Dave Wajsgras commented, “The cyber threat is increasing globally. We’ve been protecting large scale systems for decades and know how to help nations protect themselves from those who want to exploit our interconnected world. That’s what we do.”

The cybersecurity services that will be provided by Raytheon for the needs of the Royal Hashemite Court for defending its most important infrastructure systems will also include execution of vulnerability evaluations, cyber test range services, as well as cyber governance and policy strategy. The Royal aviation fleet will pass a holistic vulnerability evaluation in order to be checked if all integrated systems are strengthened and resilient to cyberattacks.

About the Royal Hashemite Court of the Kingdom of Jordan

The Royal Hashemite Court of the Kingdom of Jordan is the administrative and political link between the King of Jordan and the Jordanian regime which includes constitutional authorities (governmental, legislative and judicial), the Armed Forces and the Security Services. It is also the primary body responsible for supervising the relationships between the King and the Jordanian people.

About Raytheon

Raytheon is company with a history of 96 years headquartered in Waltham, Massachusetts. It is a technology and innovation leader offering products and services for the needs of the defence sector, as well as civil government and cybersecurity solutions for customers in more than 80 countries. The company features $25 billion sales and 64,000 employees for 2017.

Thanks to its experience, commercial best practices, and advanced technology Raytheon is capable of identifying and mitigating threats to systems, networks and equipment for various global commercial and government organizations.

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Lockheed Martin Team up with Rafael for Evaluating Potential SPICE Markets

Lockheed Martin Team up with Rafael for Evaluating Potential SPICE Markets

FARNBOROUGH, the UK (BulgarianMilitary.com), 20 July 2018, Editor: Galina Zdravkova, Photo credit: Lockheed Martin/Lockheed Martin with Rafael SPICE Agreement

Lockheed Martin announced on 16 July 2018 that the company has signed a Memorandum of Understanding with Rafael Advanced Defense Systems Ltd., the largest employer in Northern Israel, for evaluating customer requirements and potential markets for the SPICE (Smart, Precise Impact and Cost-Effective) missile guidance kits of Rafael, learned BulgarianMilitary.com

Yuval Miller, the Executive Vice President and Head of the Air & C4ISR Division of Rafael, commented, “SPICE is a leading air-to-surface weapon system offering U.S. and international air forces operating Lockheed Martin’s platforms, as well as strategic bomber aircraft, an important complement to their existing operational capabilities,” and added, “SPICE’s unique features greatly enhance the U.S.’ ability to operate in contested environments. We are excited to engage in cooperation with Lockheed Martin to make SPICE available as a U.S.-made system, adapted to fully meet U.S. standards.”

The SPICE missile guidance kit is a family of autonomous, stand-off, air-to-surface weapon systems that can destroy targets with pinpoint precision and at high attack volumes in a GPS-denied environment. It is combat-proven and currently in service with the Air Force of Israel and several international customers. The SPICE weapon system involves a state-of-the-art electro-optical seeker featuring unique scene-matching algorithms, navigation guidance and homing techniques for the purposes of operational missions in all-weather conditions without GPS.

The Memorandum of Understanding concerns the following missile guidance kit versions: SPICE 1000 (belonging to the 453 kg weight class) and SPICE 2000 (belonging to the 907 kg weight class).

The Strategy and Business Development VP at Lockheed Martin Missiles and Fire Control Dan Norton said, “Lockheed Martin has a long history of successfully providing customers with missiles and missile systems that are affordable, proven and in production. This partnership will allow us to share our precision guided system and aircraft integration expertise with allies that can benefit from the mission flexibility that the SPICE 1000 and SPICE 2000 offer.”

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The US Army Will Operate Raytheon’s Coyote UAVs

The US Army Will Operate Raytheon’s Coyote UAVs

FARNBOROUGH, the UK (BulgarianMilitary.com), 19 July 2018, Editor: Galina Zdravkova, Photo credit: Raytheon

The U.S. Army will operate Raytheon’s Coyote UAVs (unmanned air vehicles) as counter-drone defence with Ku-band radio frequency system fire control radars, learned BulgarianMilitary.com

The quantity purchased by the U.S. Army is undisclosed as of the moment.

The Coyote UAV is a tube-launched vehicle developed for chasing down enemy UAVs and destroying them in flight with a small fragmentation warhead. Fire control radar directs the Coyote to the target.

Thomas Bussing, Raytheon’s vice-president of advanced missile systems, commented the deal at Farnborough, “We are currently under funding by the US Army to develop and deploy these devices by the end of this year. We had a demonstration with the army where we flew 12. Eleven were successful. One had a launch misfire, but the other 11 all hit their targets.”

Bussing explained that he armed drones are may take down quadrotor helicopters and other Class 1 and Class 2 unmanned air systems and added that knocking down quadcopters from the sky turned out to be more challenging than expected.

“These quadcopters are actually fairly challenging. They have a resin structure, which is actually very difficult to penetrate. They are very resilient to small arms fire and so forth. But the warheads are very capable of destroying them,” further clarified Bussing.

The Coyote UAVs allow launching from a ship, land, or air. That unmanned air vehicle may be flown individually or in swarms. It is a good solution for electronic warfare, surveillance, and counter-UAV missions. As a swarm Coyote UAVs may be used for attacking groups of vessels or targets ahead of a shore assault.

Bussing underlined that the Coyote airframe is exportable, but its electronics and warhead are not.

The Raytheon’s Coyote can operate up to 1 hour and is developed for interchangeable payloads. It is operated by the National Oceanographic and Atmospheric Administration for hurricane tracking and is assessed by the U.S. Air Force and Army as an intelligence, surveillance, and reconnaissance asset.

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Lockheed Martin and Northrop Grumman’s Joint Venture with Contracts at $170 Million

Lockheed Martin and Northrop Grumman’s Joint Venture with Contracts at $170 Million

FARNBOROUGH, the UK (BulgarianMilitary.com), 19 July 2018, Editor: Galina Zdravkova, Photo credit: Lockheed Martin / The LONGBOW FCR is effective in adverse weather.

LONGBOW LLC (a joint venture of Lockheed Martin and Northrop Grumman Corporation) and the U.S. Army have concluded contracts at $170.5 million for provision of LONGBOW Fire Control Radar (FCR) hardware for Apache AH-64E helicopters in support of the U.S. Army lots 7 and 8 and three other international customers, learned BulgarianMilitary.com

That was announced by the global security and aerospace company Lockheed Martin in a news release yesterday, 18th July 2018.

Jim Messina, LONGBOW LLC president and director of LONGBOW programs at Lockheed Martin Missiles and Fire Control commented, “We remain focused on delivering significant upgrades and products as quickly and efficiently as possible. This contract allows us to supply the U.S. Army fleet with REUs, which is the foundation for future enhancements like extended range, maritime mode and unmanned aerial systems detection.”

The contracts cover LONGBOW FCR key components Mast Mounted Assemblies (MMA) and Radar Electronics Units (REU), as well as spare parts for the U.S. Army, Saudi Arabia, the United Kingdom and Qatar. Through this deal Qatar becomes the 13th international customer to operate LONGBOW FCR.

The LONGBOW system searches, detects, locates, classifies and prioritizes automatically multiple moving or fixed targets on land or in the air, in any weather conditions, and in obscured battlefields.

The manufacturing under the contracts will be performed at the facilities of Lockheed Martin in Orlando and Ocala (Florida) and Northrop Grumman in Baltimore (Maryland) and is expected to continue till April 2021.

“The LONGBOW FCR REU continues to provide outstanding capabilities to our customers. The REU provides growth capabilities to LONGBOW FCR while reducing space, weight and power, along with maintenance cost,” underlined the LONGBOW LLC vice president and vice president Advanced Tactical Systems, Northrop Grumman Mission Systems Susan Bruce.

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