Business/Financial
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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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Business/Financial
Cobham 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/Financial
Army 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/Financial
IAI 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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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/Financial
Elbit 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/Financial
L-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/Financial
Two 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 . […]
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Army
Army Network Integration Evaluation Uses Full Agile Acquisition Process
El PASO, Texas–For the first time, the full cycle of the Army’s Agile Acquisition process is in place incorporating Network Integration Evaluation (NIE) 12.2, something the service expects will save […]