Archive: Business/Financial

MDA To Acquire Alliance Spacesystems To Expand U.S. Presence

By Calvin Biesecker Canada’s MacDonald, Dettwiler and Associates (MDA) yesterday said it has agreed to acquire Alliance Spacesystems, a California-based space company with composite structures expertise and a leading position on robotic space subsystems, in a deal that expands its market channel in the United States for its space business. Terms of the deal, which […]

Bell Helicopter, Army, Sign Cooperative Agreement To Develop CBM Technologies

Bell Helicopter Textron [TXT] and the Army Aviation Applied Technology Directorate (AATD) have signed an agreement to develop and mature state-of-the- art condition based maintenance (CBM) technologies. Bell’s winning proposal for this three-year program includes risk sharing partners Honeywell [HON] and Goodrich Corporation [GR], and a variety of internationally recognized universities, small businesses, and consultants. […]

Navy, Industry, Tackle Unmanned Systems Operation From LCS

By Geoff Fein The Navy and Northrop Grumman [NOC] are working to develop, test and eventually integrate technologies onto both variants of the Littoral Combat Ship (LCS) that will enable mission module crews to operate multiple unmanned systems from a common control station. The Program Executive Officer for Littoral and Mine Warfare (PEO LMW) has […]

Wyle To Acquire RS Information Systems

Wyle said recently it has agreed to acquire RS Information Systems (RSIS), significantly expanding the company’s capabilities and customer base in the federal information technology (IT) sector and also giving it a larger presence in the Washington, D.C., area. Terms of the deal between the two private companies were not disclosed. Wyle, base in California, […]

UAE Buying PAC-3 Missiles, E-2C Upgrades

The United Arab Emirates is looking to spend upward of $9 billion to buy 288 Patriot Advanced Capability-3 (PAC-3) missiles as well as associated equipment and services, the Defense Security Cooperation Agency (DSCA) reported. In addition to the PAC-3 missile sales, the UAE is seeking 216 Guidance Enhanced Missiles-T (GEM-T), nine Patriot Fire Units that […]

Raytheon Launches Initiative To Capture International ISR Business Opportunities

Raytheon [RTN] has launched an initiative called Global Intelligence, Surveillance and Reconnaissance (GO ISR) to leverage the company’s expertise and provide tailored information-gathering systems and integrated sensor-platform solutions in the near term to customers in the emerging, multibillion-dollar international ISR market, according to a senior company official. "We have been doing a lot of analysis […]

ICGS Delivers C4ISR Simulator To Coast Guard

By Calvin Biesecker The Coast Guard this week took delivery of a new C4ISR simulator as part of its Deepwater modernization program that will allow the entire watch team for its National Security Cutters to train together before heading to sea. The $20 million C4ISR simulator is located at the Training Center Petaluma in Petaluma, […]

Army, NASA, Prepare New Facilities At White Sands Missile Range

The Army has a new Electromagnetic Vulnerability Assessment Facility (EMVAF) and NASA is building new launch facilities, expanding the capabilities of White Sands Missile Range, N.M. NASA held ground breaking ceremonies Nov. 14 for the Orion Abort Flight Test Launch Complex. The Army in late October held a ribbon cutting for the EMVAF hosted by […]

General Dynamics C4 Receives $75 Million Order On CHS-3 For Win-T

General Dynamics [GD] C4 Systems unit has received a $75 million order on the Common Hardware/Software 3 (CHS-3) contract from the Army for military hardware and software, including computers and network equipment for the Warfighter Information Network-Tactical (WIN-T) Program. The CHS-3 contract vehicle enables the military and government agencies to affordably access the latest commercial […]

U.K. MoD Orders More Lockheed Martin Desert Hawk UAS

The United Kingdom’s Ministry of Defence awarded Lockheed Martin [LMT] a $4.8 million contract to procure additional Desert Hawk III Unmanned Aircraft Systems (UAS), the company said Nov. 28. With a $6.3 million award in April, the contracts are directed at increasing the capability of the British Army. The Desert Hawk III UAS consists of […]