Japanese firms view GCAP as opportunity to develop skills, international supply chain
Execs and officials hope that GCAP can open doors for Japan's defense industrial base to expand.
Execs and officials hope that GCAP can open doors for Japan's defense industrial base to expand.
The idea of a "First Breakfast" has been made before, but Josh Kirshner and Jonathan Green of Beacon Global Strategies argue that a new spin, one that involves industry, DoD and State, is needed to fully counter China.
During a Tuesday event, several chief executives from US and European weapons companies pointed to interoperability as a key consideration as defense firms ramp up munitions production and nail down new coproduction agreements.
Eyeing risks of losses, L3Harris' Chris Kubasik said, "I think the industry as a whole is going to continue to no-bid these contracts until [DoD uses] the right vehicles.”
Increased spending in Europe will likely "increase the amount of competition between European and US defense companies," says Leonardo DRS CEO William Lynn.
New revelations about Russia's reliance on foreign components means replacing equipment lost in Ukraine may prove nearly impossible.
At Dubai, Russia made no secret of its ambitions to push the US and Europe out of the regional market.
If Saudi Arabia want to send a signal to Washington without really endangering the American-Saudi security relationship, they'll limit their arms deals with Russia to smaller - or even token - orders of relatively benign equipment.
Kendall and Shyu each have acquiesced to Warren's request that they "extend their ethics agreements / industry recusals from two years to four years, and to avoid seeking a waiver to their ethics agreements," said a congressional aide familiar with the issue.
This summer, Pentagon acquisition chief Ellen Lord estimated DoD needed about $11B to help industry cover COVID costs -- that number has now gone up by $9B.
The $55.6 billion represents closed deals, many of which had in in the works for years. But the focus of the Trump administration pumping up US arms sales to boost domestic manufacturing jobs has led to officials across the Pentagon and State Department to proclaim pushing American kit is a big part of their international engagements.
Japan is in the middle of taking a hard look at its role providing security for the region, while it races to meet fresh threats from China and North Korea.
The Trump Administration is putting the final touches on a plan to speed up arms sales to allies, and play catchup to China and Israel in selling armed drones.
WASHINGTON: DC’s biggest defense conference just stopped getting smaller. The Association of the US Army’s annual meeting is a cultural touchstone for the largest service and a leading indicator for the health of the defense industry. Like the Pentagon budget, AUSA attendance peaked during the troop surge in 2010, then shrank rapidly with the drawdowns, […]