Archive: Market Sectors

BAE Systems' MkIV CV90. Photo: Matthew Beinart

Army Looks At Potential Next-Gen Combat Vehicle Offerings, RFP To Drop By January

The Army is looking to 2026 to replace its Bradleys with a new optionally manned fighting vehicle (OFMV) as the first step in its next-generation combat vehicle (NGCV) effort, with a request for proposals due by January. BAE Systems’ CV90, General Dynamics’ [GD] Griffin III and Raytheon’s [RTN] Lynx fighting vehicles were among the concept […]

Leonardo DRS Logo

Leonardo DRS Announces $800 Million In Sensor Contracts, Including Army Deal For New Mounted Laser Rangefinder

Leonardo DRS on Tuesday announced $800 million in electro-optical and infrared sensors contracts from the Pentagon, including a $231 million deal to deliver a new tripod mounted laser designator rangefinder to the Army. The Army in September awarded Leonardo DRS a 10-year deal to potentially deliver 2,700 next-generation Lightweight Laser Designator Rangement (LLDR) for forward […]

The Atlas Group's product portfolio includes a range of aerostructures. Photo: The Atlas Group

Private Equity Firm AEI Acquires The Atlas Group

The private equity firm AE Industrial Partners [AEI] on Tuesday said it has acquired Aerostructures Acquisition LLC, also known as The Atlas Group, and will combine the company with its existing portfolio company F.M.I., Inc., to create a manufacturing company that produces a wide range of complex assemblies for commercial, military and business aircraft. Terms […]

GAO graphic showing fictitious weapon system with embedded software and IT systems that could be vulnerable to cyber attacks. Source: GAO

GAO Warns Of Cyber Security Vulnerabilities In Weapon Systems

The Defense Department is in the stages of improving the cyber security of the weapon systems it develops and the vulnerabilities of these systems are made worse due to their complexity, warns a new report by congressional auditors. The potential risks from these vulnerabilities are huge. “These weapons are essential to maintaining our nation’s military […]

The AN/TPQ-53 Radar System. (Photo: Lockheed Martin.)

Lockheed Martin Nabs Contract To Extend Q-53 Range

Lockheed Martin [LMT] said Monday it won a U.S. Army contract modification to extend the range of the AN/TPQ-53 (Q-53) radar range as part of a full-rate production configuration. This update will have the company insert Gallium Nitride (GaN) into the Q-53, which the company said will add power for capabilities like long-range counterfire target […]

Boeing MH-139, the company's offering to replace the Air Force's UH-1N helicopters based on Leonardo Helicopter’s AW139. Artist conception: Boeing.

Competitors Will Not Protest Air Force Award for Huey Replacement Helicopter

Lockheed Martin’s [LMT] Sikorsky subsidiary and Sierra Nevada Corp. will not protest the Air Force’s recent contract award for the UH-1N “Huey” helicopter replacement, securing the lucrative contract for the winning team of Boeing [BA] and Italy-based Leonardo. “After a thorough review of the debriefing materials, Sikorsky has chosen not to protest the U.S. Air […]

Lockheed Martin’s AESA ARES radar technology demonstrator using gallium nitride (GaN) technology. Photo: Lockheed Martin.

Lockheed Martin And Raytheon Advance In Patriot Radar Replacement

Lockheed Martin [LMT] and Raytheon [RTN] confirmed Monday they are both advancing in the U.S. Army’s Lower Tier Air and Missile Defense Sensors (LTAMDS) downselect to replace the legacy Patriot missile defense radar system. LTAMDS seeks to replace the current MPQ-65 Patriot radar. A year ago Lockheed Martin, Raytheon, Northrop Grumman [NOC], and Technovative Applications won […]

Secretary of the Army Mark Esper and Army Chief of Staff Gen. Mark Milley hold a press conference at the 2018 AUSA conference. Photo: Matthew Beinart.

Army Moving At Least $25 Billion In Future Funding To Modernization Priorities

Top Army leadership has identified at least $25 billion in proposed funding over the next five years that it plans to shift from equipment items to its top modernization and readiness priorities, with the number expected to grow as officials begin assessing lower tier manning and training priorities. Army Secretary Mark Esper told reporters at […]

U.S. Secretary of Defense James N. Mattis meets with China's Minister of Defense Gen. Wei Fenghe at the People's Liberation Army's Bayi Building in Beijing, China, on June 28, 2018. (DoD photo by Army Sgt. Amber I. Smith)

Trump Administration, DoD Zero In on Threats from China

President Trump’s administration is making clear through recent speeches, published reports and legislation that the U.S. economy — and within it, the defense industrial base — is suffering due to a series of targeted, deliberative efforts by China. In 2017, Trump directed the Department of Defense (DoD) to lead a multi-agency analysis of the health […]