Month: October 2024
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Advanced / Transformational TechnologyMunsell Adds Chief AI Officer To Job Portfolio At NGA
The National Geospatial-Intelligence Agency (NGA) this week named Mark Munsell as its new Chief Artificial Intelligence Officer (CAIO), adding to his duties, formalizing the position, and elevating it to the […]
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Business/FinancialLockheed Martin Closes Terran Orbital Acquisition
Lockheed Martin [LMT] on Wednesday completed its acquisition of smallsat manufacturer Terran Orbital, acquiring the former SPAC as its largest customer. Terran Orbital and subsidiary Tyvak International are now part of […]
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Advanced / Transformational TechnologyHicks: Defense Bigs Collaborating with Smaller, Newer Entrants on Microelectronics
While defense industry entrants are bringing welcome competition to Pentagon modernization efforts, the heritage defense giants are also working with some of the new firms on microelectronics advancements, Deputy Defense […]
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Business/FinancialLeonardo DRS Reports Strong Third Quarter Financials
Benefiting from its sensing, radar, and force protection work, Leonardo DRS [DRS] on Wednesday posted strong third quarter sales and earnings, continuing its robust momentum this year. Net income jumped […]
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InternationalU.S. State Department Approves Sale of Latest AMRAAM to Denmark
Denmark is to get the AIM-120D-3 missile, the latest version of RTX‘s [RTX] Advanced Medium Range Air-to-Air Missile (AMRAAM). The State Department has approved a $744 million foreign military sale […]
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PentagonDoD Releases Plan Detailing ‘Concrete Actions,’ Billions In Investment For Strategy To Boost Industrial Base
The Pentagon on Tuesday released the implementation plan for its first-ever National Defense Industrial Strategy (NDIS), detailing “concrete actions” to bolster the industrial base such as investments to ramp up […]
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Missile DefenseIsrael Unveils $537 Million Iron Beam Deal, To Deploy Within A Year
The Israeli Ministry of Defense on Tuesday unveiled a $537 million deal to increase serial production of the laser interception system Iron Beam with primary developers and producers Rafael Advanced […]
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Air ForceAvio Considering Sites for U.S. Solid Rocket Motor Plant
Avio USA, a subsidiary of Italy’s Avio S.p.A, is considering sites for Avio’s first solid rocket motor (SRM) plant in the United States. The company said that it has picked […]
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SpacePropulsion and On-Orbit Servicing Areas for OSC Investment
Propulsion and on-orbit repair and refueling of satellites are underfunded innovation areas that the DoD Office of Strategic Capital (OSC) has looked to take on. “Our 2024 investment strategy talks […]
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Unmanned SystemsIndo-Pacific Command Plans To Begin Replicator Testing In January Ahead Of IOC Next Summer
Early in 2025, U.S. Indo-Pacific Command (INDOPACOM) will begin testing of unmanned systems being acquired under the Defense Department’s Replicator initiative and will continue monthly experiments to see how well […]