Archive: Business/Financial

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. […]

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. […]

Wyle To Acquire RS Information Systems

Wyle said yesterday 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, […]

Army Considers Stryker As Replacement For Armored Personnel Carrier

By Jen DiMascio The Army is considering Stryker vehicles as an option for replacing the M113 armored personnel carrier–the highest density vehicle in the fleet. The Army "absolutely" wants to replace the M113 family of vehicles, which has been in its inventory for 60 years, according to a senior service official. If the Army does […]

iRobot Teams With Advanced Scientific Concepts

iRobot [IRBT] yesterday said it has teamed with Santa Barbara, Calif.-based Advanced Scientific Concepts. The deal grants iRobot the exclusive rights to develop and market ASC’s 3-D Flash Laser Radar or "LADAR" technology for unmanned ground vehicles and robots in exchange for future commitments to purchase units. Separately, iRobot made a minority investment for preferred […]

Raytheon’s SSDS Set For USS

By Geoff Fein Early next year, the Navy will install and begin testing Raytheon’s [RTN] ship self-defense system (SSDS) onboard the USS Nimitz (CVN-68) aircraft carrier, leading up to certification of the company’s ship self-defense systems. Additionally, this fall, Raytheon’s initial export approval has been received for SSDS. "That means we can partner with the […]

Contracts

New Spy Satellite System Planned, To Cost Billions: Report The Department of Defense (DOD) is expected to procure spy satellites that likely will be based on commercial-sat architecture, in a program costing $2 billion to $4 billion, the Associated Press reported. Called BASIC, the new system likely would be based on an existing commercial satellite […]