Bow River Capital’s Post

Lockheed Martin is bolstering the global supply chain of its PAC-3 missile system through strategic industrial partnerships in Poland. These collaborations are part of the Wisla Offset Program, aiming to strengthen Poland's defence capabilities and technological expertise. Anna Ortylewski, the In-country Leader for the PATRIOT Advanced Capability-3 (PAC-3) Poland Offsets, emphasizes Lockheed Martin’s long-term commitment to Poland’s national defence. The partnerships focus on building technical capabilities within the Polish industrial base and creating sustainable, high-value engineering jobs. A significant development in this collaboration is the completion of key milestones by Polish defence companies, contributing to the PAC-3 program’s success. Wojskowe Zakłady Elektroniczne S.A. has achieved production milestones for crucial PAC-3 MSE components, and its success in these projects has positioned WZE as a potential bidder for future phases of the WISLA program. Wojskowe Zakłady Lotnicze Nr 1 S.A. (WZL 1) has also reached critical milestones, enabling them to produce PAC-3 MSE Launch Tubes, thus bringing a significant aspect of PAC-3 MSE production to Poland. Read more here: https://lnkd.in/eG-arKUa #Poland #airdefence #missiledefence #Wisla #PATRIOT #PAC3 #missile #interceptor #LockheedMartin #defence #industry #cooperation

https://lnkd.in/e3yHrBbY Great episode, but I have to take issue with the discussion around 47:20. In the defense industry, we spend an inordinate amount of time and effort designing and fielding systems that are easy to troubleshoot and repair. Replaceable cards in control systems are an example. Compare F-16 or F-18 mission capable rates to F-4s.

Respectfully, our new agile defense firms haven’t quite discovered how the Washington game works yet and it shows. The three aforementioned Prime contractors are usually the loudest in the room plus have the longevity as a prime. That street cred mixed with public investment dollars makes them the first person I would call when ideating concepts for weapon systems - (not stating this as a solid fact just illustrating a point based on my years on the other side of the table). From a logical lens, we all agree that we need to spend less and scale faster. But is it really the smart move to throw millions at a new company with no track record for success and that will likely get sold to the highest bidder in 3-5 years? That is how a handful of powerful leaders on the Hill perceive this scenario and it’s up to the new young gun companies to learn how to speak Congress’s language in order to assuage those concerns. Are companies like Castelion or Hermeus doing that? Do they have a dedicated lobbying firm or internal gov relations team? Or are they relying solely on the lobbying efforts by their VC backers to pull them into rooms with decisionmakers? Hermeus utilized lobbying firm Forbes Tate Partners in 2022 and in the same year landed the Air Force’s Advanced Battle Management System (ABMS) contract with a ceiling up to $950M. Coincidence? Not likely.

More of the Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) value chain sets up shop within NATO's eastern flank, deepening the Transatlantic integration of Allied defense industrial base. The Lockheed Martin - Wojskowe Zakłady Elektroniczne S.A. deal is part of the WISLA Offset Program. It follows a comprehensive overhaul of Polish IAMD capabilities with US-made Patriot infrastructure. The Polish move toward Patriot adoption started in 2017 and saw over $14.5 billion in investments - mostly paid in Polish currency. The PAC-3 MSE upgrade on the M903 Launcher can fire 12 MSE or 16 PAC-3 CRI missiles from its cannisters. It is also PAC-2 GEM-capable up to four missiles. Each cannister is single-use and replaceable in the field. Their production lines are separate from the PAC-2 GEM and PAC-3 CRI, developed by Raytheon. The Alliance is on track to a more interoperable and more capable air defense apparatus. The WISLA Program builds a more robust and resilient deterrent posture for the North Atlantic community. Get in touch with BCE Consulting (BCE)'s Global A&D Practice: Craig Belanger, Mark Kipphut, Anirudh Suneel, Joe Giandomenico, Robyn Pirie, Ben Osterholtz

Greenwich Capital Group is pleased to announce its role as the exclusive investment banker to TopFlite Components, a provider of mission-critical interconnect solutions for aerospace & defense and other markets, on its sale to kSARIA Corporation, a portfolio company of Behrman Capital. This transaction adds to GCG’s extensive experience in the aerospace and defense industry. TopFlite specializes in high-complexity interconnect challenges in mission-critical and harsh environment applications across the defense, aerospace, transportation, oil & gas, medical and industrial markets. TopFlite focuses on custom solutions and leverages a highly-experienced engineering capability to differentiate itself in the market through high-quality proprietary products, a willingness and ability to customize, short lead times, and competitive pricing. Read more about the transaction here: https://lnkd.in/g34YW_B6 Peter Frankfort #transaction #closeddeal #investmentbanking #aerospace #defense

Since the outbreak of the war in Ukraine, demand for "21st Century Security solutions" (as Lockheed Martin states) is at an all-time high. Lockheed Martin has implemented a "digital transformation initiative" known as 1LMX to adapt. The 1LMX entails deploying automation, investing in long-lead procurement, and many other processes to increase manufacturing capacity and cut down missile production time. For example, with this initiative, the Pike County Operations Facility in Troy, Alabama has managed to cut Javelin missile production time down to 30 minutes! With the 1LMX initiative, Lockheed Martin can enhance the defense of the US and its allies in the 21st century and beyond. For more insight read the article linked down below: https://lnkd.in/gPZnhi2d #SCLTSPRING2024SCLT3387 José Manuel Velarde CSCP, CPIM, CPSM, CPSD Margaret A. Kidd, CMILT, CPE™ Supply Chain & Logistics Technology - University of Houston

Scalable ZLD and a Solution for PCB Start-ups. In this interview with Alex Stępiński, FRSA, Stepinski Group, Alex talks about his business priorities for this year and what the market, particularly aerospace and defense, needs for orders to be filled. https://bit.ly/44TliFA

🚀 Exciting Growth in the Aerospace and Defense Industry! 🛡️ - The Aerospace and Defense industry continues to boom after seeing a slight slowdown in 2021 and 2022. In 2023, the Department of Defense issued a record-breaking $488 billion in contract awards, an increase of 11.5% year-over-year. - Out of the $488 billion awarded in 2023, 5 leading defense contractors accounted for 32% of total award volume. However, with almost $200 billion of contracts being reported as awarded as of Q2 2024, the DOD is on track for another record-breaking year with even more opportunities for growth within the industry. - Despite a slowdown in the first half of 2024, the A&D start-up space ended 2023 on a high note with 89 deals resulting in just under $3 billion in Venture Capital funding raised, the most invested in the industry since the 2nd quarter of 2022. - Even one-quarter of significant capital investment can lead to an increase in real estate activity. Five of the start-ups who received VC investment in Q4 2023 signed six leases within a year of receiving funding, accounting for over 190,000 s.f. of demand. Four of the leases signed were in Southern California and two were in Northern Virginia. With such robust growth and investment, the future of the Aerospace and Defense industry remains promising. As the industry gains momentum, we can expect continued expansion and a surge in real estate activity. #Aerospace #Defense #GrowthOpportunities #RealEstate #JLL #Innovation

🚀 Exciting Growth in the Aerospace and Defense Industry! 🛡️ - The Aerospace and Defense industry continues to boom after seeing a slight slowdown in 2021 and 2022. In 2023, the Department of Defense issued a record-breaking $488 billion in contract awards, an increase of 11.5% year-over-year. - Out of the $488 billion awarded in 2023, 5 leading defense contractors accounted for 32% of total award volume. However, with almost $200 billion of contracts being reported as awarded as of Q2 2024, the DOD is on track for another record-breaking year with even more opportunities for growth within the industry. - Despite a slowdown in the first half of 2024, the A&D start-up space ended 2023 on a high note with 89 deals resulting in just under $3 billion in Venture Capital funding raised, the most invested in the industry since the 2nd quarter of 2022. - Even one-quarter of significant capital investment can lead to an increase in real estate activity. Five of the start-ups who received VC investment in Q4 2023 signed six leases within a year of receiving funding, accounting for over 190,000 s.f. of demand. Four of the leases signed were in Southern California and two were in Northern Virginia. With such robust growth and investment, the future of the Aerospace and Defense industry remains promising. As the industry gains momentum, we can expect continued expansion and a surge in real estate activity. #Aerospace #Defense #GrowthOpportunities #RealEstate #JLL #Innovation

🚀 Exciting Growth in the Aerospace and Defense Industry! 🛡️ - The Aerospace and Defense industry continues to boom after seeing a slight slowdown in 2021 and 2022. In 2023, the Department of Defense issued a record-breaking $488 billion in contract awards, an increase of 11.5% year-over-year. - Out of the $488 billion awarded in 2023, 5 leading defense contractors accounted for 32% of total award volume. However, with almost $200 billion of contracts being reported as awarded as of Q2 2024, the DOD is on track for another record-breaking year with even more opportunities for growth within the industry. - Despite a slowdown in the first half of 2024, the A&D start-up space ended 2023 on a high note with 89 deals resulting in just under $3 billion in Venture Capital funding raised, the most invested in the industry since the 2nd quarter of 2022. - Even one-quarter of significant capital investment can lead to an increase in real estate activity. Five of the start-ups who received VC investment in Q4 2023 signed six leases within a year of receiving funding, accounting for over 190,000 s.f. of demand. Four of the leases signed were in Southern California and two were in Northern Virginia. With such robust growth and investment, the future of the Aerospace and Defense industry remains promising. As the industry gains momentum, we can expect continued expansion and a surge in real estate activity. #Aerospace #Defense #GrowthOpportunities #RealEstate #JLL #Innovation