Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialSafran Agrees To Acquire GEOINT AI Company Preligens
France’s Safran on Monday said it has entered exclusive discussion to acquire Preligens, a small company that develops artificial intelligence to automate the analysis of geospatial intelligence (GEOINT) such as […]
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Military Space Update, Wednesday, June 26, 2024
// PDF View- Space Development Agency Issues RFP For Advanced Fire Control Ground Infrastructure
- U.S. Space Force Awards General Atomics, Blue Origin, Viasat, CACI Laser Terminal Prototype Contracts
- DARPA Awards Redwire Contract for VLEO Satellite Mission
- Blue Origin Enters NSSL Field
- House Panel Rejects Some Funding For Quick Start GPS Effort, Wants Alternatives
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Business/FinancialLockheed Martin To Pay $70 Million To Settle False Claims Act Allegations
The Justice Department on Friday said that two Lockheed Martin [LMT] business units have agreed to pay $70 million to settle allegations they overcharged for spare parts related to Navy […]
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SpaceSpace Development Agency Issues RFP For Advanced Fire Control Ground Infrastructure
The Space Development Agency (SDA) last Thursday released a request for proposals (RFP) for the ground infrastructure for its fire control efforts, with bids due in early August and an […]
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Advanced / Transformational TechnologyBAE Collaborating With GlobalFoundries On Chip Development
Britain’s BAE Systems and U.S. semiconductor manufacturer GlobalFoundries [GFS] on Thursday said they have agreed to collaborate on research and development in advanced chip technologies to strengthen the supply chain […]
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Advanced / Transformational TechnologyDIU Plans Dozens Of Solicitations In Coming Months To Spend FY ’24 funds
The Defense Innovation Unit (DIU) on Thursday announced the strategic allocation for its $983 million fiscal year 2024 budget and said it plans to issue around two dozen solicitations in […]
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InternationalState Department Approves Potential Loitering Munitions Deals For Taiwan
In a first for Taiwan, the State Department on Tuesday night said has approved two potential foreign military sales (FMS) of suicide drones worth a combined $360.2 million to the […]
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Business/FinancialHoneywell To Acquire CAES For $1.9 Billion From Private Equity Firm
Honeywell [HON] on Thursday said it has agreed to acquire CAES Systems Holdings from the private equity firm Advent International for $1.9 billion in cash in a deal that strengthens […]
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Advanced / Transformational TechnologyINDOPACOM’s Valiant Shield Deployed Anduril’s C2 Technologies
Anduril Industries on Wednesday said its Lattice open solutions platform and other company hardware and software were used to help enable geographically distributed command and control (C2) during the recent […]
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InternationalAllies Meeting Targeted 2 Percent Of GDP On Defense Spending More Than Doubles, NATO Estimates
The number of NATO members meeting or exceeding the goal of spending at least 2 percent of the gross domestic product on defense is expected to double in 2024 versus […]