Archive: Business/Financial

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 […]

U.S. Forces Need More Persistent ISR, Ability To Move Data Across Battlefield, Official Says

U. S. forces operating in Iraq and Afghanistan need more persistent intelligence, surveillance and reconnaissance (ISR) as well as the ability to move data and images across the battlefield, according to the head of the Marine Corps’ special operations command (MARSOC). Marine Corps special operations forces have a limited persistent ISR capability, but they have […]

Kuwait Seeking PAC-3 Missiles, Upgrades

Kuwait has requested a possible $1.36 billion sale of 80 PAC-3 missiles, PAC-2 missile upgrades to GEM (Guidance Enhanced Missile)-T, and Patriot ground support equipment upgrades as well as associated equipment and services, the Defense Security Cooperation Agency (DSCA) reported. Along with the PAC-3 missiles, Kuwait is looking to buy Patriot GEM-T Modification Kits to […]

State Department To Delay Sale of Weapons To Saudi Arabia

The State Department last week told Congress it has postponed a request for the sale of GPS-guided bombs to Saudi Arabia until mid-January. The State Department announced the $20 million arms sales package in July as part of a diplomatic effort in the Middle East. In November, the Defense Department told Congress it intended to […]

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 […]

Boeing Confident HH-47 Will Prevail Again In New CSAR-X Competition

By Michael Sirak The Boeing [BA] HH-47 helicopter will prevail once again in the Air Force’s revised CSAR-X competition because it is the best platform for the combat- search-and-rescue mission, the company official in charge of the HH-47 program said yesterday. "We remain confident Boeing’s HH-47 is the best value choice and, in the end, […]

TSA, Continental, Pilot Paperless Boarding Pass

By Calvin Biesecker The Transportation Security Administration (TSA) and Continental Airlines [CAL] kicked off a new pilot project this week at George Bush International Airport that allows passengers to receive their boarding passes electronically on their cell phones or PDAs, eliminating the need for a paper boarding pass. Moreover, unlike the current paper boarding passes, […]

Cross Match, L-1, Receive Initial U.S.-VISIT Upgrade Orders

By Calvin Biesecker Cross Match Technologies and L-1 Identity Solutions [ID] have received initial orders for both companies’ 10-print fingerprint systems as part of an upgrade of the Department of Homeland Security’s (DHS) U.S.-VISIT program that requires collecting 10 fingerprints from most foreign travelers into the United States instead of the current two. L-1 is […]

Galil Motion Control Aids 360-Degree Surveillance, Soldier Protection

By Ann Roosevelt More than 100 Galil Motion Control components are part of PVP Advanced Electro-Optical Systems Inc., (PVPAEO), which supply the General Dynamics [GD] Stryker Mobile Gun System (MGS) with a Commanders Pan Viewer System (CPV)–that gives commanders a 360 degree view of the world, its threats and dangers, from inside the vehicle, according […]

Air Force, Boeing, Demonstrate Technology For Automated Refueling of Unmanned Aircraft

The Air Force and a Boeing [BA]-led industry team have demonstrated in-flight the ability of unmanned aircraft to rendezvous autonomously with tanker aircraft so that they could be refueled in flight, the Chicago-based company said yesterday. The flight test occurred under phase one of the Air Force Research Laboratory (AFRL)-sponsored Automated Aerial Refueling (AAR) program. […]