Business/Financial
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ArmyDRS Technologies Launches New C4ISR Management System
Finmeccanica’s DRS Technologies Inc. says its DRS Tactical Systems (DRS TS) division has launched the C4InSight™ Integrated C4ISR Management System at the Special Operations Forces Industry Conference in Tampa, Fla. […]
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Business/FinancialTechnology Providers Establishing Consortium To Work With DHS On Border Security
A non-profit collaboration management firm is working with industry, academia and the Department of Homeland Security to establish a new consortium that would bring together a range of companies and […]
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Air ForceSASC Adds Funds For Planes, Tanks, Submarine in DoD Bill
A Senate panel approved legislation yesterday that demands information from the Obama administration on potential budget cuts and reverses the Pentagon’s plans for everything from retiring Air National Guard planes […]
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ArmyAeroVironment’s Switchblade Systems Move Forward With Another Army Order
AeroVironment Inc. [AVAV] yesterday said back in March it received a $5.1 million contract modification for its Switchblade loitering munition systems and services from the Army Close Combat Weapons Systems […]
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Business/FinancialCobham On Way To Acquiring All Of Thrane & Thrane
Britain’s Cobham plc on Tuesday said it has secured commitments for more than 90 percent of the shares in the Danish satellite communications firm Thrane & Thrane, putting it on […]
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Business/FinancialArmy Looks For New, Low Cost Drones
By June 30, the Army wants to hear from interested vendors who can develop low-cost drones and provide the documentation/source code to run Six Degrees of Freedom simulation. In a […]
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Business/FinancialIAI Business In U.S. Creates New Subsidiary
Israel Aerospace Industries’ (IAI) North American company yesterday said that its Stark Aerospace division has created a new subsidiary to provide intelligence, surveillance and reconnaissance (ISR) services and focused operational […]
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Business/FinancialElbit To Supply UAS To European Customer
Elbit Systems Ltd. [ESLT] yesterday said it was awarded an approximately $160 million contract by an unnamed European customer, to supply Unmanned Aircraft Systems (UAS). The systems will be supplied […]
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Business/FinancialL-3 WESCAM To Support Its EO/IR Systems, Packages For Canada
L-3 WESCAM [LLL] yesterday said it has been awarded an in-service support contract valued at $10 million by Public Works and Government Services Canada on behalf of the Canadian Department […]
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Business/FinancialTwo Unions Ratify Contracts At Lockheed Martin’s Fort Worth Plant
About Lockheed Martin [LMT] 500 employees at the company’s aerospace plant in Fort Worth, Texas, represented by two separate unions ratified new labor agreements with the company last week . […]