Archive: Market Sectors

F/A-18 Hornet
Photo: Boeing

Canada Reveals Eligible Suppliers For F-18 Replacement Fighters

The Canadian government on Thursday released the five eligible suppliers that will be allowed to submit proposals to replace the government’s aging CF-18 fighter fleet. The government’s Public Services and Procurement Canada (PSPC) listed Airbus Defense and Space with the UK, Boeing [BA], France’s Dassault, Lockheed Martin [LMT] and Sweden’s Saab. Suppliers were named by aircraft […]

FI-aboutus

Knight Point Systems Receives Nearly $1 Billion Deal To Continue DoD Communications Support

The Department of Defense’s IT services agency has awarded Knight Point Systems a five-year contract extension worth nearly a billion dollars to continue supporting communication infrastructure services. Under the new deal, awarded Feb. 15, the Reston, Va.-based software company will provide hardware and software equipment for Defense Information Systems Agency’s (DISA) network communications support operations. […]

NNSA logo

W80-4 Would Grab Lion’s Share of Proposed Budget Increase for NNSA Stockpile Work

Accelerating upgrades for the nuclear warhead slated to fly in the next decade on a new air-launched cruise missile would consume the single largest portion of the budget increase proposed for National Nuclear Security Administration (NNSA) nuclear weapons programs in 2019, according to a detailed budget document released Friday. For fiscal 2019, the semiautonomous Department […]

Stuart Bradie, president and CEO of Houston-based KBR, Inc. Photo: KBR

KBR To Acquire SGT To Expand Government Services Business

KBR, Inc. [KBR] on Friday said it has agreed to acquire Stinger Ghaffarian Technologies, Inc. (SGT) in a $355 million deal that will expand its support for the federal government, and position it as a top tier services contractor at NASA. The deal is expected to close in early April. KBR said the acquisition will […]

CSDE logo

Telecom, IT Industry Leaders Form New Cyber Threat Solution Council

A group of major telecommunications and IT industry leaders officially launched a new council Friday aimed at finding new solutions for future cyber threats. Industry groups USTelecom and  the Information Technology Industry Council (ITI) will lead the new Council to Secure the Digital Economy (CSDE) and work to gather cross-sector expertise on mitigating software vulnerabilities […]

An AC-130J taxis the runway for its first official sortie Jan. 31, 2014, at Eglin AFB, Fla. Photo: Air Force.

AFSOC’s Laser Gunship Demo Slowed By Budget Turmoil

ORLANDO, Fla. — Budget uncertainty has slowed efforts by U.S. Air Force Special Operations Command (AFSOC) to test a solid-state laser weapon on an AC-130 gunship, according to the command’s leader. While AFSOC has been aiming to conduct the demonstration in 2020, it has not received all the money it needs to proceed, Air Force […]

iStock Cyber Lock

SEC Issues New Cyber Risk Reporting Guidelines

The Securities and Exchange Commission approved a new set of guidelines Wednesday urging companies to be more forthcoming in disclosing known cyber risks and incident reports following breaches. The latest report builds on a set of 2011 guidelines and requires companies implement policies to more rapidly assess cyber threats and detail potential vulnerabilities in its […]

MotionDSP's software capabilities include video enhancement. Photo: MotionDSP

Cubic Acquires MotionDSP To Bolster C4ISR Business

Cubic Corp. [CUB] on Thursday said it has acquired the motion video processing company MotionDSP to strengthen its capabilities in the C4ISR area. Terms of the deal were not disclosed. Cubic said in a regulatory filing that it originally acquired a 49 percent stake in MotionDSP on Oct. 31, 2017, for $4.7 million. MotionDSP, which […]

NNSA logo

Nuclear Weapons Council Plans Spring Field Trips to ‘Key’ NNSA Facilities

To help hash out military requirements for two new low-yield nuclear warheads called for in the Trump administration’s new Nuclear Posture Review, the bi-agency Nuclear Weapons Council is planning a series of road trips to key Department of Energy nuclear weapons labs and production facilities this spring, a senior Pentagon official said here Thursday. “I’m […]

Bell's new logo

Bell Drops ‘Helicopter’ From Name In Rebranding Effort

Bell Helicopter is rolling out a new rebrand campaign, dropping the “helicopter” from its name as it looks to broaden its flight innovation opportunities. The aircraft manufacturer Bell will continue the roll-out over the next year, which includes a new logo and a mission statement to broaden its business portfolio. “Bell has always been about […]