US Military Ordering Low-Velocity Cargo Parachutes

Afghan drop

Low-velocity parachutes are so named because they’re used for cargo airdrops made below about 1,200 feet, with the cargo aircraft flying at low speed as parachute-rigged containers roll out the rear ramp. US Army Soldier Systems Natick developed them in 2006, aiming to offer a lower-cost low altitude system that did not require specialized parachute manufacturers. US Army PM FSS engineer Bruce Bonaceto’s designs hit those targets, and low velocity parachutes have been doing the same on the front lines. They’re generally used to deliver basic supplies such as gas, ammunition and food to troops in rough terrain and isolated locations, without having to use a more expensive high-altitude GPS-guided parachute system like JPADS, or a more expensive standard parachute like the G-12.

As one might imagine, demand is high in Afghanistan, and some of the small business contract recipients are an interesting set of stories in and of themselves…

Rapid Fire April 26, 2012: Prime Financials, Q1 2012

• Q1 results are in for L-3 Communications, Lockheed Martin and Raytheon. They are all showing more topline resilience than Northrop Grumman. Quick summary table of their sales and backlog at the bottom of this entry.

• Lockheed Martin’s CEO Bob Stevens will retire and be replaced by current President and COO Christopher Kubasik effective January 1, 2013. Kubasik is an alumnus from the Defense Acquisition University.

• US Secretary of Defense Leon Panetta leaned on Brazil in support of Boeing’s F/A-18s for the ongoing F-X2 competition. Panetta discussed technology transfers with his counterpart Celso Amorim. Dassault is working the local cooperation angle too [in French].