Aerospace Group:

Briefing

By Cal Biesecker

Wednesday, November 5th, 2014

SHARE:

L-3 Communications [LLL] Chairman, President and CEO Michael Strianese tells investors that during the company’s third quarter its Security and Detection Systems business received a contract in support of Korea’s Incheon International Airport for 14 explosives detection systems valued at more than $25 million over the next year. The company will supply its eXaminer XLB EDS systems and related OptiNet networking infrastructure. OSI Systems [OSIS] says it has successfully resolved a matter with the Department of Homeland Security related to…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]