:

Business/Financial

Boeing’s HorizonX Invests In Rugged Computer Storage Firm Agylstor

By Cal Biesecker

Wednesday, May 30th, 2018

SHARE:

Boeing [BA] on Wednesday said its venture arm HorizonX has made an investment in Agylstor, Inc., which is developing ruggedized, secure computer storage systems that are portable, provide high-performance computing and have high-data transfer speeds.California-based Agylstor’s technology is for industrial, aerospace and commercial uses.Boeing doesn’t disclose the value of HorizonX’ investments, which range between the low single millions of dollars to the low double-digit millions of dollars. This is HorizonX’ first investment in computational storage technology.A spokeswoman for Boeing told…

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]

Army

Army ‘Looking At Options’ For Supporting Munitions Boost Plans If Reconciliation Fails, Official Says

The Army is “looking at options” for how it would support planned boosts to munitions production if Congress doesn’t pass a reconciliation bill with the requested funding, a senior acquisition […]

Build Of At Least 45 MQ-9s By Start Of FY 2029 Required By SASC Bill

Down to an inventory of 135 MQ-9A Reapers due to the loss of two dozen aircraft in strikes on Iran, the Air Force would have to field at least 45 […]