Tuesday, October 19, 2010

DTN News: U.S. Department of Defense Contracts Dated October 19, 2010

Defense News: DTN News: U.S. Department of Defense Contracts Dated October 19, 2010
Source: U.S. DoD issued No. 953-10 October 19, 2010
(NSI News Source Info) WASHINGTON - October 20, 2010: U.S. Department of Defense, Office of the Assistant Secretary of Defense (Public Affairs) Contracts issued October 19,
2010 are undermentioned;
CONTRACTS

AIR FORCE

Lockheed Martin Corp., Marietta, Ga., has been awarded a $162,900,000 contract which will provide for the C-5M reliability enhancement and re-engining program, full-rate production Lot 5 advance procurement. At this time, the entire amount has been obligated. ASC/WLSK, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8625-07-C-6471).

Lockheed Martin Corp., Marietta, Ga., has been awarded a $115,658,189 contract modification. This contract will provide for the C-5M reliability enhancement and re-engining program, low-rate initial production Lot 3 installation. At this time, the entire amount has been obligated. ASC/WLSK, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8625-07-C-6471).

Ohio Aerospace Institute, Brook Park, Ohio, has been awarded a $9,299,974 contract which will establish a partnership in the computational aeronautical sciences. The research to be performed will involve basics and applied research in high-fidelity computational analysis of fluid dynamics across all speed regimes. At this time, $300,200 has been obligated. AFRL/PKVC, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8650-112-3112).

NAVY

Harkins Builders, Inc., Marriottsville, Md., is being awarded a $41,610,000 firm-fixed-price contract for the design and construction of student quarters and student dining facility at Marine Corps Base Quantico. The new multi-story student dining facility will provide a dining facility and media center for students attending The Basic School. Contract also provides a new student officer quarters facility. The facility is a new multi-story building to support billeting for 250 Marine officers undergoing initial training at The Basic School. The contract contains two planned modifications which, if exercised, would increase the cumulative contract value to $47,201,589. Work will be performed in Quantico, Va., and is expected to be completed by August 2012. Contract funds will not expire at the end of the current fiscal year. This contract was competitively procured via the Navy Electronic Commerce Online website, with 32 proposals received. The Naval Facilities Engineering Command, Washington, Washington, D.C., is the contracting activity (N40080-11-C-0015).

DTN News: Oshkosh Defense Expands U.S. Army Heavy Fleet With Additional Vehicle Orders

Defense News: DTN News: Oshkosh Defense Expands U.S. Army Heavy Fleet With Additional Vehicle Orders
Source: DTN News / Oshkosh Corporation
(NSI News Source Info) OSHKOSH, Wis. - October 20, 2010: Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), is increasing the U.S. Army’s Family of Heavy Tactical Vehicle (FHTV) fleet with the addition of 1,200 trucks following orders from the U.S. Army TACOM Life Cycle Management Command (LCMC). The bulk of the orders are for the Oshkosh Palletized Load System (PLS) A1, a next-generation truck that gives soldiers improved mobility and protection capabilities.

“The heavy tactical trucks that we supply to the U.S. Army have evolved with technological advancements over the years to meet the changing threats and demands of the modern battlefield,” said Mike Ivy, vice president and general manager of Army Programs for Oshkosh Defense. “Whether Iraq, Afghanistan or any other location in the world, the Army can count on Oshkosh for on-time delivery of quality products backed by best-in-class sustainment services. We're proud to serve the men and women who serve our nation.”

The PLS is the backbone of the Army’s distribution and resupply system. Built to transport ammunition and other critical supplies needed in battle, the PLS has proven its ability in front-line resupply missions in Bosnia, Kosovo, Iraq and Afghanistan. Together, the PLS truck and trailer form a complete system that reduces the need for forklifts or other material-handling equipment. The Long-Term Armor Strategy (LTAS)-compliant PLS A1 can accept add-on armor and uses an Oshkosh TAK-4® independent front suspension for improved off-road mobility.

Oshkosh will deliver more than 1,050 PLS A1 trucks under the orders, as well as nearly 150 Heavy Expanded Mobility Tactical Truck (HEMTT) A4s. Deliveries are scheduled to be completed by August 2012. The combined orders are valued at more than $459 million.

About Oshkosh Defense
Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com.

About Oshkosh Corporation
Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, visit www.oshkoshcorporation.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward-Looking Statements
This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this presentation, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the impact on revenues and margins of the projected decrease in M-ATV production rates; the cost of any warranty campaigns related to the Company’s products; the Company’s ability to start production under the FMTV contract at targeted margins; the cyclical nature of the Company’s access equipment, commercial and fire & emergency markets, especially during periods of global economic weakness and tight credit markets; the duration of the ongoing global economic weakness, which could lead to additional impairment charges related to many of the Company’s intangible assets and/or a slower recovery in the Company’s cyclical businesses than equity market expectations; the expected level and timing of U.S. DoD procurement of products and services and funding thereof; risks related to reductions in government expenditures in light of U.S. defense budget pressures and an uncertain DoD tactical wheeled vehicle strategy; the potential for the U.S. government to competitively bid the Company’s Army and Marine Corps contracts; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company’s ability to pursue various opportunities; risks related to the collectability of receivables, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy’s impact on the Company’s suppliers; the potential for commodity costs to rise sharply, particularly in a future economic recovery; risks related to costs and charges as a result of facilities consolidation and alignment; risks associated with international operations and sales, including foreign currency fluctuations and compliance with the Foreign Corrupt Practices Act; risks related to disruptions in the Company’s distribution networks; and the potential for increased costs relating to compliance with changes in laws and regulations. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. The Company disclaims any obligation to update such forward-looking statements.

DTN News: Defense News / Latest Press Releases Dated October 20, 2010

Defense News:
DTN News: Defense News / Latest Press Releases Dated October 20, 2010
Source: DTN News - - This article compiled by Roger Smith from reliable sources
(NSI News Source Info) KOTTAKKAL, Kerala, India - October 20, 2010: Comprehensive daily news related to Defense News / Latest Press Releases for the world of TODAY.*Comprehensive daily news related to Defense News / Latest Press Releases for the world of TODAY

*Sources - Defense News, Defense-Aerospace.com

FUEL CAPACITY PIVOTAL IN U.S. TANKER BID: EXPERTS

BY JOHN REED

Fuel capacity will be a major factor in deciding the outcome of the U.S. Air Force's $35 billion KC-X tanker competition, which will likely be the Air Force's last tanker buy for decades, according to an influential analyst and a former Air Force three-star general. ...full story
19 Oct 14:19 EDT (18:19 GMT)

Europe »

Fuel Capacity Pivotal in U.S. Tanker Bid: Experts

BY JOHN REED

Fuel capacity will be a major factor in deciding the outcome of the U.S. Air Force's $35 billion KC-X tanker competition, which will likely be the Air Force's last tanker buy for decades, according to an influential analyst and a former Air Force three-star general. ...full story
19 Oct 14:19 EDT (18:19 GMT)

Finmeccanica Eyes C-27J Sales to China

BY TOM KINGTON

ROME - The CEO of Italy's Finmeccanica has said he would like to sell his firm's C-27J tactical transport aircraft to China, given that U.S. President Barack Obama has proposed the sale of C-130s to China. ... full story
18 Oct 17:21 EDT (21:21 GMT)

France, India Eye Joint Military Operations: Report

AGENCE FRANCE-PRESSE

NEW DELHI - France hopes to forge closer military ties with India through arms co-production and joint field operations, Defense Minister Herve Morin said in comments published Oct. 18. ... full story
18 Oct 10:29 EDT (14:29 GMT)

Americas »

Fuel Capacity Pivotal in U.S. Tanker Bid: Experts

BY JOHN REED

Fuel capacity will be a major factor in deciding the outcome of the U.S. Air Force's $35 billion KC-X tanker competition, which will likely be the Air Force's last tanker buy for decades, according to an influential analyst and a former Air Force three-star general. ...full story
19 Oct 14:19 EDT (18:19 GMT)

France Seeks Quick UAV Buy, Longer-Term Joint Effort

BY PIERRE TRAN

PARIS - French Defense Minister Hervé Morin told lawmakers he favored tackling an immediate problem in the Afghan theater by buying a medium-altitude, long-endurance drone off the shelf, while seeking an Anglo-French cooperation to build a European system in the medium term. ... full story
15 Oct 15:32 EDT (19:32 GMT)

S. Korea Investigates Malfunctioning Missiles

BY JUNG SUNG-KI

SEOUL - South Korea's Navy has launched an investigation into problems with three types of naval missiles built by foreign manufacturers, a ruling party lawmaker said Oct. 12. ... full story
12 Oct 17:10 EDT (21:10 GMT)

Asia & Pacific Rim »

Finmeccanica Eyes C-27J Sales to China

BY TOM KINGTON

ROME - The CEO of Italy's Finmeccanica has said he would like to sell his firm's C-27J tactical transport aircraft to China, given that U.S. President Barack Obama has proposed the sale of C-130s to China. ... full story
18 Oct 17:21 EDT (21:21 GMT)

France, India Eye Joint Military Operations: Report

AGENCE FRANCE-PRESSE

NEW DELHI - France hopes to forge closer military ties with India through arms co-production and joint field operations, Defense Minister Herve Morin said in comments published Oct. 18. ... full story
18 Oct 10:29 EDT (14:29 GMT)

S. Korea Investigates Malfunctioning Missiles

BY JUNG SUNG-KI

SEOUL - South Korea's Navy has launched an investigation into problems with three types of naval missiles built by foreign manufacturers, a ruling party lawmaker said Oct. 12. ... full story
12 Oct 17:10 EDT (21:10 GMT)

Middle East & Africa »

Israel-Greece Conclude Combined Air Drill

BY BARBARA OPALL-ROME

TEL AVIV - Spurned by Turkey, a partner in bilateral and multilateral military exercises for more than a decade, the Israel Air Force is now conducting routine drills with Ankara's Aegean rival, Greece. The large-scale drill involved UH-60 and AH-64 helicopters and fighter jets from the Israel Air Force, along with Apaches, AS332 Super Puma and fighters from the Hellenic Air Force. ... full story
15 Oct 14:16 EDT (18:16 GMT)

Israel Signs for First JSF Squadron

BY BARBARA OPALL-ROME

Tel Aviv - After nearly eight years of politically charged evaluation and negotiation, followed by acrimonious cost-benefit deliberations within the Israeli Cabinet, it is now official: The Israel Air Force will become the first non-partner nation to fly the F-35 Joint Strike Fighter. ... full story
8 Oct 18:24 EDT (22:24 GMT)

Russia To Reimburse Iran Over Missile Deal

BY ANNA SMOLCHENKO, AGENCE FRANCE-PRESSE

NICOSIA - Russia is reimbursing Iran for its down payments on a deal for advanced S-300 ground-to-air missiles, which Moscow halted in the face of tough new U.N. sanctions, Russian Technologies chief Sergei Chemezov told reporters on Oct. 7. ... full story
7 Oct 08:15 EDT (12:15 GMT)