Stocks to Watch –
Innovation for US Military Aircraft Safety; Stocks Mentioned: (NYSE American:
$KULR) @KULRTech, (Nasdaq: $HON), (NASDAQ: $ISSC), (NYSE: $NOC)
December
31, 2024 - Investorideas.com, a
go-to investing platform covering cleantech and defense stocks releases a snapshot
on publicly traded companies driving innovation for US Army Aviation Safety, featuring
KULR Technology Group, Inc (NYSE
American:KULR), a leader in advanced thermal management and vibration reduction
solutions,
with a history of technology collaboration with the Armed Forces.
Companies discussed
include:
Honeywell (Nasdaq:HON),
Innovative Solutions & Support, Inc.’s (NASDAQ: ISSC),
Northrop Grumman Corporation (NYSE: NOC).
The US military aircraft market size is
evaluated at USD 18.26 billion in 2024 and is expected to exceed around USD
29.27 billion by 2034, growing at a CAGR of 4.81% from 2024 to 2034,according
to PrecendenceResearch.com
They report, “North America dominated the
global military aircraft market in 2023 due to the largest air force in the
world. The modernization of aircraft is extensively noticed in the
transportation industry and military operations. The United States holds the
largest number of military aircraft in the world is 5,213 active aircraft. The
advancement in technology and the established air fleet globally are the
primary factors in the growth of this region. Combine all the military
departments in the United States- Navy, Army, and Marine Corps bringing to a
total of 13,300 aircraft.”
Safety
for the aircraft and crews is a big part of budgets moving forward and
companies in the defense sector are creating next generation solutions.
KULR Technology Group, Inc. (NYSE
American:KULR) just announced
its active collaboration with the U.S. Army to plan an in-depth evaluation of
the KULR VIBE system for vibration reduction and optimal balance on AH-64E
Apache and UH-60 Black Hawk helicopters. The evaluation is slated to begin in
2025 and will explore the potential of KULR VIBE to enhance operational
efficiency and safety across these critical platforms.
This news is paid news dissemination for KULR Technology Group, Inc.
Read this news,
featuring KULR in full at https://www.investorideas.com/news/2024/defense/12311Stocks-for-US-Military-Aircraft-Safety.asp
From the
news: The planned 12-month study will be conducted in partnership with
the South Carolina National Guard at McEntire Joint National Guard Base. It
aims to assess how KULR VIBE can contribute to stricter vibration standards,
streamlining track and balance operations, reducing long-term maintenance
costs, and improving aircraft longevity and reliability. Ultimately, the study
seeks to bolster Army Aviation’s operational availability while reducing
overall expenditures.
“KULR is proud to collaborate with the U.S. Army on this
forward-thinking initiative,” said Ted Krupp, Vice President of Sales and
Marketing at KULR Technology. “It is an honor to be entrusted to explore
innovative ways to improve operational availability and cost-efficiency. We are
excited by the potential of KULR VIBE to be a force multiplier for military
aviation, enhancing both reliability and safety while reducing maintenance
overhead.”
From the
news: This collaboration underscores the Army's ongoing commitment to
leveraging advanced technologies to optimize performance and safety across its
aviation fleet. Upon completion of the study, findings will be published for
review, potentially paving the way for widespread adoption of KULR VIBE across
Army Aviation platforms.
From the
news: KULR Technology has a proven track record of delivering
innovative solutions that directly support the operational readiness of
military assets. For example, the company’s work with the U.S. Marine Corps on
the AH-1Z Viper helped avoid the premature retirement of a $39 million asset
and reduced over 2,000 hours of troubleshooting time, directly saving the
Department of Defense millions of dollars. This partnership with the Army
continues KULR’s dedication to enhancing the reliability, safety, and
operational efficiency of critical equipment, ultimately contributing to
mission success across the armed services.
In
October, Honeywell (Nasdaq:HON) was awarded a $103
million contract by the US Army, through the Defense
Logistics Agency, to provide its Next-Generation APN-209 Radar Altimeter (Next
Gen APN-209) system on a wide variety of Army aircraft. This contract
underscores Honeywell's ongoing commitment to delivering advanced, reliable
technology to support US Army missions. It also supports Honeywell's alignment
of its portfolio to three powerful megatrends, including the future of
aviation.
From the news: Honeywell's
new APN-209 Radar Altimeter system is a direct replacement for its legacy
APN-209, which has been the primary radar altimeter on numerous U.S. Army
aircraft since its introduction in 1975. This modernized system offers several
key enhancements:
From the news: Higher
reliability and environmental performance: The Next Gen APN-209 is engineered
to operate with greater reliability and superior performance in challenging
weather conditions.
Advanced
common-core architecture: Utilizing Honeywell's common-core radar altimeter
architecture from its civil radar altimeter portfolio, the Next Gen APN-209
addresses risks associated with supply chain disruptions, component
obsolescence and long-term repair support, improving sustained operational
readiness.
From the news: Flexible
integration options: The system is available with an integrated altitude
indicator or as a standalone transceiver for aircraft that utilize separate
displays, offering versatility to meet various aircraft requirements.
From the news: "We
are honored to continue our support of the U.S. Army with the Next Gen APN-209
Radar Altimeter system," said Matt Milas, President of Defense and Space
at Honeywell Aerospace Technologies. "The introduction of our Next Gen
APN-209 underscores our decades-long commitment to providing cutting-edge
technology that enhances the safety, reliability, and operational capability of
military aircraft. Our new advanced radar altimeter system will not only enable
us to further support the Army's mission
success, but it will also be a capability we intend to extend, where
permissible, to our international customers in the coming years."
Also
in October, Innovative Solutions &
Support, Inc.’s (NASDAQ: ISSC)
patented ThrustSense® Autothrottle system was selected by the
US Army to be installed on their C-12 (B200) aircraft equipped
with ProLine 21 avionics suites. This advanced technology will provide full
flight envelope protection, from takeoff to landing, including go-around,
enabling pilots to automatically control engine power settings for enhanced
safety and efficiency. With a September 2024 contract award, deliveries of the
IS&S ThrustSense Autothrottle system are set to begin immediately, with
ongoing installations planned.
From the news: The
ThrustSense Autothrottle reduces pilot workload by computing and adjusting
power levels automatically, bringing a new standard of safety and convenience
to operators of the King Air and C-12 platforms. It ensures stabilized
approaches by maintaining optimal descent speeds and protects against critical
flight conditions, including overtorque, overtemperature, and dangerously slow
or fast speeds during high-workload scenarios. Additionally, ThrustSense guards
against VMCa (Minimum Control Speed in Air), proportionally reducing engine
power to maintain directional control.
From the news: Controlled
by an easy-to-install Integrated Standby Unit (ISU), the ThrustSense system
requires no structural modifications to the throttle quadrant and can be
installed with minimal aircraft downtime. The ISU combines autothrottle control
with upgraded standby functionality, making it an ideal retrofit solution.
Earlier
this year, defense contractor Northrop Grumman Corporation (NYSE: NOC) was selected by the
US Army to compete in the first phase of the Improved Threat
Detection System program, featuring Northrop Grumman’s Advanced Tactical
Hostile Engagement Awareness (ATHENA) sensor on an Other Transaction Agreement
(OTA) through the Consortium Management Group, Inc., on behalf of the
Consortium for Command, Control and Communications in Cyberspace (C5).
ATHENA
is a next-generation missile warning sensor providing always-on, 360-degree
situational awareness — elevating aircraft protection and survivability.
From the news: The
ATHENA sensor delivers high-resolution, surround video and wide-band threat
detection that can quickly geolocate incoming Electro-Optical/Infrared (EO/IR)
threats, including hostile fire and anti-tank guided missiles, small arms,
medium- and large-caliber machine guns, rocket propelled grenades and anti-tank
guided munitions.
Dennis
Neel, Survivability Development Programs Director, Northrop Grumman explained,
“ATHENA can see where pilots can’t, even looking through an aircraft floor. The
sensor delivers safety in-flight through advanced threat warning capabilities
and situational awareness previously limited to larger aircraft, making
missions safer for pilots and aircrews.”
From the news: Northrop
Grumman’s ATHENA sensor meets today’s mission needs while providing the US Army
with connected, multi-service capabilities to identify future threats. The
sensor has performed in several Government live-fire exercises. As a form/fit
replacement for legacy aircraft sensors, it seamlessly integrates into an
aircraft with flare or laser-based countermeasure systems, such as the Common
Infrared Countermeasure system.
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