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News Briefs

25 January 2022

Smiths Group PLC

Author: Thomas J. Zoretich , Drawn From: Defense & Aerospace Companies Briefing

Smiths Group plc is a diversified company that provides advanced technical solutions to four core markets: safety & security, general industry, energy and aerospace.

Smiths Group Report 2021 revenue

It has built up a very strong and rapidly growing position in the detection of chemical, biological and nuclear threats. That position straddles both Europe and the United States and both the military and civil markets.

20 December 2021

Northrop Grumman Corp.

Author: Thomas J. Zoretich , Drawn From: Defense & Aerospace Companies Briefing

Northrop Grumman Corp. is well aligned with the national security strategy. Northrop Report 2021 revenueThe company’s strengths in strategic bombers, ICBMs, and unmanned aerial vehicles are critical capabilities as the US military focuses more on possible confrontation with major powers including China and Russia.

28 October 2021

Moon Base Space Race

Author: Marco A. Cáceres, Drawn From: World Space Systems Briefing

Okay, so we now have a new target launch date for the maiden launch of the SLS rocket and the uncrewed Artemis 1 mission to the Moon. The launch was supposed to go off in November-December timeframe, but it has been rescheduled for February 12, 2022. Whether or not that happens will depend on what is called a “wet dress rehearsal,” which is a fueling test in which the ground team will pump cryogenic fuel into the SLS’s first and second stages. It will be the final check out of both the rocket and ground systems.

08 October 2021

China's Commitment to Manned Space

Author: Marco A. Cáceres, Drawn From: World Space Systems Briefing

It is no secret that China has major space aspirations. China has been spending more than $3 billion annually on its space program, on everything from developing a domestic satellite manufacturing capability to building a modern fleet of expendable launch vehicles. The budget continues to grow, as does the diversity and ambitiousness of the Chinese program. There is no better example of this than Shenzhou.

Shenzhou (“Divine Vessel”) is a Chinese manned capsule. It is based on Russia’s Soyuz re-entry crew capsule. Four unmanned test flights of a prototype Shenzhou occurred during 1999-2002. The first manned Shenzhou was carried out on October 15, 2003.

22 December 2021

Sea Change in Naval Radar Market: Raytheon to Surpass Lockheed

Author: Dr. David L. Rockwell, Drawn From: Military Electronics Briefing

Teal Group’s Naval Surface Ship Radar & C4I Systems funding forecast for major large-ship radar programs will truly be huge for military electronics programs – even compared to F-35 Joint Strike Fighter (JSF) programs. Teal Group forecasts the naval radar market for large ships – one of the biggest electronics markets ever – to be worth $31.1 billion for Raytheon’s AN/SPY-6(V) AMDR & EASR & DBR Radar & C4I Systems over the next ten years, and $24.4 billion for Lockheed Martin’s AN/SPY-1(V) & SPY-7(V) & Aegis BMD Systems, with Teal Group’s new and still undetermined Future SPY-1 Replacement/Upgrade program to be worth another $5.0 billion (and forecast to ramp up all decade and still be increasing in 2030).

05 November 2021

AUKUS SSN: air power might be the better choice

Drawn From: World Military & Civil Aircraft Briefing

I don’t know from submarines. The industry, technology, and people are all very interesting, but I only cover aero systems. Yet the AUKUS SSN announcement this month has implications and lessons for the aero world. Here are two commentaries, one advertisement, and one caveat.

Commentary: the bigger the weapons deal, the more you’re buying a strategic relationship, and there are big implications for other sales to the region. Deal size isn’t always correlated with politics; Denmark, with its small 28 F-35 buy, also expects that deal to help preserve its standing in NATO, and the US’s commitment to NATO.

25 October 2021

Sensor Fusion – The Future of Soldier Vision: War and Peace

Author: Dr. David L. Rockwell, Drawn From: Military Electronics Briefing

Teal Group’s forecasts for Present & Future Soldier Sensor Fusion Programs would make these soldier vision/C4I systems one of the world’s biggest electronics markets – of any kind – over the next decade, worth more than $11.6 billion, with continually increasing capabilities and – likely – funding. Our multiple forecast lines (see Teal Group’s Military Electronics Briefing for full forecasts) are essentially our all-inclusive future soldier vision forecasts. 

NOTE: On 12 October 2021, US Army officials confirmed at the AUSA 2021 Annual Meeting & Exposition in Washington, DC that the Army has “paused” fielding of Microsoft’s new Integrated Visual Augmentation System (IVAS) Heads Up Display (HUD) system. Teal Group’s discussion and forecasts below were largely written before the Army’s “pause” – which has not yet been presented in detail – but our forecasts already included delays in testing and fielding, and considerably less funding over the next decade than Microsoft has claimed ($22 billion). Our background and discussion below (especially for the ENVG) explain why Teal Group’s forecasts still stand – and what will likely happen over the next decade. 

21 September 2021

Space Tourism, Star Trek and Captain Kirk

Author: Marco A. Cáceres, Drawn From: World Space Systems Briefing

During the past few years, there has been a lot of publicity given to SpaceX’s plans to send humans to Mars—sooner rather than later. The idea of eventually colonizing the Red Planet has begun to take hold of the public’s imagination. I think we’re getting used to this previously outlandish notion.

The same can be said of the nascent space tourism industry, especially now after the successful exploits of Virgin Galactic and Blue Origin in sending tourists for a bit of weightless microgravity time in sub-orbit this past summer, as well as SpaceX’s three-day Inspiration4 space tourism mission to low Earth orbit.

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