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UncategorizedShield AI To Acquire Australia’s Sentient, Adding AI-Enabled Wide Area Sensor Product
In a deal that strengthens its product portfolio and gives it a presence in Australia, Shield AI on Thursday said it has agreed to acquire Melbourne-based Sentient Vision Systems, which […]
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UncategorizedNavy FY ‘25 Budget Confirms First Frigate Delayed Over A Year To Late 2027
The Navy’s fiscal year (FY) 2025 shipbuilding request documents confirm delivery of the service’s first new Constellation-class frigate will be delayed over a year from last year’s forecast. The documents […]
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UncategorizedF-35 Enters Full-Rate Production Nine Years After Beginning Service
The tri-service and international F-35 fighter by Lockheed Martin [LMT] entered service in 2015, and, nearly nine years later, has achieved full-rate production, DoD said on March 12. “Earlier today, […]
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Homeland SecurityCoast Guard Seeks Two More FRCs In FY ‘25 Budget To Enhance Indo-Pacific Presence
The Coast Guard is requesting $216 million in fiscal year 2025 for two fast response cutters (FRCs) as part of a plan to bolster the service’s presence in the Indo-Pacific […]
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BudgetHASC Republicans Push For Multi-Year Amphibious Ship Procurement
Two Republicans leaders in the House Armed Services Committee pushed the Defense Department to buy amphibious ships in multi-year procurements in a letter to the Office of Cost Estimate and […]
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UncategorizedBoeing Agrees To $51 Million Settlement To Resolve Export Violations That Include China And Russia
Boeing [BA] has agreed to pay a $51 million civil penalty to the U.S. government to resolve 199 arms export control violations, including technical data related to aircraft and missiles, […]
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UncategorizedLeonardo DRS To Build Naval Propulsion Facility To Support Columbia Submarine, Future Ship Work
Following a $3 billion award last fall to provide the integrated electric propulsion systems for the Navy’s Columbia-class ballistic missile submarines, Leonardo DRS [DRS] on Tuesday said it will invest […]
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Navy/USMCNavy Awards HII $1.17 Billion To Finally Start Repairing Boise Sub
The Navy awarded HII’s Newport News Shipbuilding a $1.17 billion modification to start repairing the long-delated USS Boise (SSN-764) Los Angeles-class attack submarine. The contract, awarded on Feb. 23, is […]
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UncategorizedNavy, DIU Select Anduril, Kongsberg, Oceaneering For LDUUV Prototypes
The Navy’s undersea systems office and the Defense Innovation Unit (DIU) have selected Anduril Industries, Kongsberg Discovery, and Oceaneering International [OII] to prototype large unmanned underwater vessels (UUVs) for testing. […]
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Business/FinancialHII Ends 2023 With Strong Fourth Quarter
HII [HII] on Thursday reported strong top and bottom-line results for the fourth quarter of 2023, driven by a legal matter and an insurance settlement, and gains across its operating […]
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