Archive: Business/Financial

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. […]

MDA Close Up Seeker Imaging Test Deemed Successful

By Ann Roosevelt Missile Defense Agency (MDA) Director Air Force Lt. Gen. Trey Obering yesterday announced that a seeker characterization test Dec. 3 for the Net-Centric Airborne Defense Element (NCADE) was successfully conducted at White Sands Missile Range (WSMR), N.M. Preliminary indications are that planned flight test objectives were achieved. The test involved the successful […]

Axsys Technologies Realigns To Enhance Security Focus

Axsys Technologies [AXYS] on Monday said it has sold its non-core Distributed Products business and has realigned its organizational structure to focus on its security, defense and space markets. Under the new organization Axsys will have two business units: the Surveillance Systems Group and the Imaging Systems Group. Surveillance Systems will consist of all infrared […]

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 […]

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. […]

iRobot’s New Multimission Warrior

By Ann Roosevelt iRobot [IRBT] is developing a new multimission modular robot called Warrior that can pull more of its weight in the soldier’s world and is expected to be ready in 2008. Helen Greiner, iRobot co-founder and chairman of the board, said Warrior can relieve soldiers of much of their burden–such as packs–because they […]