Finland is purchasing 64 F-35 for usd 9.4 bn including weapons systems. India purchased 36 Rafale for 8.7 bn usd including weapons, radar, helmet etc + offsets. Both deals include maintenance though exact terms are not yet available.
Meanwhile UAE is purchasing 80 Rafale + 12 helicopters for usd 19 bn which is close to the price we got.
Greece purchased 18 including 12 second hand/used for eur 2.5 bn/usd 3 bn which seems cheaper but no details of weapons and other accessories. Lot cheaper than India but depends on how many years it was used and vintage/version.
Croatia is buying 12 used Rafale for usd 1.1 bn which is way cheaper than India and cheaper than Greece. Again depends on how many years it was used and vintage/version.
Egypt purchased 24 Rafale for usd 5.7 bn in 2015 and now plans to purchase 30 more for usd 4.5 bn. Old deal was in line with India but new deal is cheaper than even Egypt's old deal and India. In effect, Egypt would be paying 10.2 bn for 54 plans whereas India is paying 8.7 bn for 36.
Qatar paid usd 7 bn for 24 Rafale in 2015 but paid only usd 1.3 bn for an additional 12 in 2017.
https://www.reuters.com/business/aerospace-defense/lockheed-f-35-jet-wins-finnish-fighter-competition-source-2021-12-10/
https://www.aljazeera.com/news/2021/12/3/uae-buys-record-80-french-fighter-jets-as-macron-starts-gulf-tour
https://www.ndtv.com/world-news/qatar-france-sign-1bn-fighter-jet-deal-amid-gulf-crisis-1784950
I know many of us are stumped with the rapidly falling share prices of MMAT.
Let me share with you a little hopium. If you didn't know, MMAT has been working with Lockheed Martin in developing metaSOLAR. Lockheed is known to spend a substantial amount of money each year in R&D. Working with Lockheed itself is self-explanatory.
In an article written back on JUNE 1, 2017 - https://innovacorp.ca/news/metamaterial-technologies-signs-56-million-agreement-lockheed-martin
It explains the partnership between the 2 companies. It says,
Metamaterial Technologies Inc. (MTI) has signed a $5.6 million agreement with Lockheed Martin (NYSE: LMT), which represents Lockheed Martin’s first solar investment in Canada.
metaSOLAR incorporates NanoWeb, a highly-conductive metal mesh printed lithographically onto any surface using MTI’s proprietary Rolling Mask Lithography (RML) manufacturing tool. RML is used to manufacture functional materials in a variety of geometries and designs, allowing MTI to create a new class of smart materials for a wide range of applications.
MTI uses the latest achievements in optical science, metamaterials, semiconductors and nanofabrication. Its patented solar technology has been engineered to collect, trap and absorb solar light from all directions at wide angles, significantly improving efficiency, removing the need to track the sun.
“Metamaterials are in essence the materials of the future. MTI is pioneering large scale affordable nanofabrication technology that can push the boundaries for crystalline silicon solar efficiency and create very thin form factors for solar cells”.
MTI has signed an Investment Framework Agreement under the Industrial and Technological Benefits (ITB) Policy with Lockheed Martin. Lockheed Martin is making these investments as part of its ITB obligations for the in-service support of the C-130J Super Hercules, a transport aircraft.
We are now in 2022 and we all know the acquisition of NANOWEB and the new facility to print is ready. I believe MMAT will begin to roll out their RML production beginning this Spring.
THAT MEANS IT WILL BE $$$ = REVENUE
If you want to read more about LM and their spending you can read it here, [https://www.lockheedmartin.com/content/dam/lockheed-martin/canada/documents/PwC_Economic_Impact_Study_of_Canada.pdf](https://www.lockheedmartin
... keep reading on reddit ➡
Hi everyone! I was wondering if it was typically normal to get an offer after 1 round of interview for these companies for supply chain? I got a role from both Boeing and Lockheed but only did a phone screening & phone interview (They didn't even see my face) for an entry level role. While I interviewed at a smaller company that had 4 rounds of interview is this normal for them?
