Archive: Uncategorized

Earnings News & Notes

Implant Sciences [IMSC] 3Q14               3Q13               Sales                            $2.7M              $1.3M Net Inc.                       ($4.9M, 0.08)  ($5.3M, 0.10) The net loss narrowed due to a $1 million reduction in stock-based compensation expense, higher sales and gross margin. Revenue more than doubled on a 1,050% increase in shipments of the QS-B220 desktop explosive trace detector for infrastructure protection and […]

DHS Expands List of Eagle II Awardees Following Protests

After protests last year by dozens of companies that weren’t selected for a chance to compete for task orders for under one of three categories for a department-wide computer and network services contract vehicle, the Department of Homeland Security on May 9 selected 68 companies for the unrestricted track of the service delivery component to […]

DNDO Plans to Halt Helium-3 Supplies for Radiation Detection Systems

Having already stopped shipments of Helium-3 (3He) gas for use in neutron detection for Radiation Portal Monitors (RPM), the Domestic Nuclear Detection Office (DNDO) beginning in FY ’16 expects to stop supplying the gas as government furnished material for other radiation detection systems as long as there are non-3He neutron detector systems available in the […]

Briefing

Johns Hopkins Univ. Applied Physics Lab has received two Defense Department contracts worth a combined $1.7 million for support related to cyber security. The largest award, $1.5 million, from the Deputy Assistant Secretary of Defense for C3 and Cyber Architectures, Requirements and Mission Analysis, is to support the functional and acquisition oversight capabilities for cyber […]

M109A6 Paladin Self-Propelled Howitzer
Photo: U.S. Army

DEFENSE WATCH

Program Under Way. Vehicle production has started for the significant upgrade of the Army’s M109A6 Paladin self-propelled howitzer to the M109A7 configuration. The First of the A6 variants was received at Anniston Army Depot where it will be taken down and refurbished. The production of the A7 variants is a joint effort between the depot […]

U.S. Can Replicate RD-180 Metallurgy Technology, Engine Study Committee Chair Says

The head of the Defense Department’s RD-180 rocket study committee believes the United States could replicate the coding and metallurgy technology involved with the Russian-produced engine, but questioned whether that should be done with 40-year-old technology. “I think the national level question is not could we, but should we,” Schafer Corporation Chairman and CEO and former NASA […]

France To Proceed With Delivery Of Mistrals To Russia: Report

France intends to fulfill its contractual obligations to Russia with the delivery of two Mistral-class amphibious assault ships for launching helicopters.  Reuters, citing French diplomatic sources, is reporting that withholding the Mistrals will not be included in another round of European Union sanctions. The European body has been enacting sanctions to punish Moscow over the […]

State Dept. Approves Potential $1 Billion Defense Equipment Sale To Iraq

The Pentagon’s Defense Security Cooperation Agency has cleared nearly $1 billion in military hardware sales to Iraq after receiving the State Department’s required approval and notified Congress of the pending transaction.  Iraq requested an estimated $101 million for M1151A Up-Armored Humvees and associated support, $90 million for the potential sale of aerostats and Rapid Aerostat […]

Saab Launches Five New Radars For Total Air Domain Awareness

Defense and security company Saab May 12 said it is extending its surface radar portfolio, introducing five all-new complementary Giraffe radars for land and sea.  For the first time Saab’s Giraffe radars also offer a solution for long-range air surveillance.  There is now a Giraffe option for every air surveillance and air defense application, on land and […]

Net Income Soars At Airbus Group

Airbus Group on May 13 posted a near doubling of net income in the first quarter due to stronger operating results and the positive impact of foreign exchange while sales also climbed. Net earnings increased 93 percent to $601.5 million and sales increased 5 percent to $17.3 billion as all three of the company’s divisions added […]