Archive: News

Cyber Insurance Maturing But Gaps Remain For Intellectual Property

With litigation on the rise, the range of coverage options for cyber insurance has expanded. Yet experts believe a gap remains for covering intellectual property (IP) loss or theft. "If you lose some of that IP, it could have massive ramifications. Right now we’re not at the point of being able to get that type […]

Northrop Grumman Begins Production On NATO Global Hawk

The first NATO Alliance Ground Surveillance (AGS) Block 40 Global Hawk aircraft, configured to meet NATO operational requirements, has started down the production line at Northrop Grumman’s [NOC] Moss Point, Miss., Unmanned Systems Center.  NATO representatives, state dignitaries, community leaders and Northrop Grumman employees gathered Dec. 3 to celebrate the start of production for the first […]

South Korea Moves Closer To Buying Lockheed Martin F-35 Fighters

The South Korean government has revised the requirements for its next fighter jet and suggested that it will likely buy the stealth-capable Lockheed Martin [LMT] F-35.  Numerous recent media reports out of Seoul said the Defense Ministry’s Joint Chiefs of Staff announced plans to purchase 40 aircraft and added stealth technology to the equation in making a […]

Three U.K. Companies Partner To Bid On Mastiff FoV Support

Morgan Advanced Materials, Ricardo, and Ultra Electronics, all U.K. based and owned companies, have partnered to bid for the continued support and upgrade of the Ministry of Defense’s (MoD) Mastiff, Ridgback and Wolfhound fleet of Protected Patrol Vehicles (PPV). Morgan will lead the group and is bidding as prime contractor. The Mastiff and Ridgeback vehicles were manufactured by General […]

RAF Begins Training On Puma Mk2 After Multi-Million Upgrade

The U.K. Ministry of Defense and Defense Equipment and Support on Nov. 26 said the Royal Air Force (RAF) has begun training on the Puma Mk2 helicopter after an approximately $421 million upgrade. The ministry said the upgrade, conducted by EADS unit Eurocopter, includes new engines which give them 35 percent more power and improved fuel efficiency […]

General Dynamics To Prepare For Stryker ECP Upgrade

The Army TACOM Contracting Command recently awarded General Dynamics [GD] a $28 million contract for research, development and testing in preparation for the Stryker Engineering Change Proposal (ECP) upgrade program. Stryker Vehicle     Photo: General Dynamics The Stryker ECP upgrade program is an engineering-development effort focused on integrating a group of system improvements into […]

RAF Begins Training On Puma Mk2 After Multi-Million Upgrade

The U.K. Ministry of Defense and Defense Equipment and Support on Nov. 26 said the Royal Air Force (RAF) has begun training on the Puma Mk2 helicopter after an approximately $421 million upgrade. The ministry said the upgrade, conducted by EADS unit Eurocopter, includes new engines which give them 35 percent more power and improved fuel efficiency […]

Air Force Formally Chooses Sikorsky For Combat Rescue Helicopter

The Air Force formally announced on Nov. 22 it is going with Sikorsky for the potentially $6.8 billion Combat Rescue Helicopter (CRH) program.  “We received one proposal,” Air Force spokeswoman Capt. Erika Yepsen said in a statement. “That offer, from Sikorsky Aircraft Company, has provided an acceptable technical solution.” Sikorsky, a division of United Technologies Corp. [UTX], […]

Bell To Deliver First 412EPI Helicopter To Australia

Bell Helicopter said it has signed a purchase agreement with the New South Wales Police in Sydney for its 412EPI helicopters.  The company–a division of Textron [TXT]–said the aircraft will be the first 412EPI to fly in Australia. The 412PEI is an upgraded version of the medium lift, utility helicopter. The enhancements include the Bell […]

Northrop Grumman Begins Production On NATO Global Hawk

The first NATO Alliance Ground Surveillance (AGS) Block 40 Global Hawk aircraft, configured to meet NATO operational requirements, has started down the production line at Northrop Grumman’s [NOC] Moss Point, Miss., Unmanned Systems Center. NATO representatives, state dignitaries, community leaders and Northrop Grumman employees gathered Dec. 3 to celebrate the start of production for the first […]