The winds of change are echoing through the naval systems business globally. The pace is breathtaking. In the US by 2024, the first two of five Ford Class Carriers will be operational with an expected service life lasting at least 50 years. This comes amid the backdrop of the US Navy’s explorations around shipyard modernization and even in-theater IoT adoption with the so-called "Ocean of Things."
Meanwhile, the UK government is looking to offset the cost of its own naval modernization through ship exports as it prepares to leave the EU. This emphasis on cost savings has translated into diplomacy in the buildup to the $26 billion decision for BAE’s Type 26 frigate platform by the Australian Navy in June 2018.
In Canada, the Crown is getting ready to award a replacement of the Halifax Class frigates and Iroquois Class destroyers. The three competing teams for the Canadian Surface Combatant (CSC) program boil down along national lines; the British design with the Type 26 by BAE, the Spanish design by Navantia for the F-100 Christopher Columbus Class, and the Dutch design for the De Zeven Provincien Class. The program spend could be as high as $50 billion.
Mission success within budget is a key business challenge for both industry and government stakeholders in aerospace and defense. PTC has the system-wide insight, proven technology, and best practices to help the naval systems sector lower risk while connecting the present to the future. Read on for some critical questions to ask as business challenges in naval systems arise—our aerospace and defense experts are ready with solutions on the other side.
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