Business/Financial
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Business/FinancialCoast Guard Awards Construction Contract For First OPC; Long-Lead For Next OPC And NSC
The Coast Guard on Friday said it had exercised more than $400 million in contract options toward its ongoing surface fleet modernization, including the construction contract with Eastern Shipbuilding for […]
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Business/FinancialDoD Awards Brazilian Company Contract To Provide Biometric System For Afghanistan, Iraq
TAMPA, Fla.–The U.S. Defense Department earlier this month selected Brazil’s Griaule to supply and operate biometric identity management systems for the governments of Afghanistan and Iraq, a contract that represents […]
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Business/FinancialNorthrop Grumman Reveals New Vanguard Modular Radar
Last week Northrop Grumman [NOC] unveiled its new Vanguard multi-function, modular, open architecture radar system, touting its flexibility to scale up and apply to a plethora of platforms. Vanguard consists […]
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Business/FinancialDHS Selects L3, Leidos And Smiths Detection For RPM Replacement Program
The Department of Homeland Security last week awarded contracts to three companies–L3 Technologies [LLL], Leidos [LDOS], and Smiths Detection–to supply replacement drive-through radiation portal monitor (RPM) systems for deployment at […]
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Business/FinancialHID Global Acquires Biometric Company Crossmatch
HID Global on Monday said it has acquired the identity management company Crossmatch in a deal that significantly expands its biometric product portfolio and authentication and identity assurance solutions. HID […]
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Business/FinancialL3 Acquires UK Firm That Makes Unmanned Surface Vehicles
Adding to its growing franchise of unmanned maritime system capabilities, L3 Technologies [LLL] on Monday said it has acquired ASV Global, a United Kingdom-based developer and manufacturer of unmanned surface […]
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Business/FinancialPrivate Equity Firm AE Industrial Partners Acquires Gryphon Technolgies, CDI
The private equity firm AE Industrial Partners (AEI) on Thursday said it has acquired the defense engineering and technical services firm Gryphon Technologies, which will be combined with the government […]
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Business/FinancialLockheed Martin Invests In Australian Venture Fund
Lockheed Martin [LMT] on Wednesday said its venture capital arm has invested in an Australian capital firm that invests in high-technology companies. Lockheed Martin Ventures was part of a $132 […]
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Business/FinancialTSA Issues RFP For Next-Generation Checkpoint Baggage Scanners
The Transportation Security Administration (TSA) last Friday solicited bids for its next-generation of carry-on baggage scanners that will be used at airport checkpoints with the promise of improving the experience […]
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Business/FinancialRaytheon Leads Investment Round In Commercial Satellite Company HawkEye 360
HawkEye 360 has completed out a nearly $15 million investment round led by Raytheon [RTN] that will help it accelerate development of its first cluster of commercial satellites that are […]