International
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Business/FinancialOSI Systems To Acquire Security Detection Competitor American Science & Engineering
OSI Systems [OSIS] on Tuesday said it has agreed to acquire its competitor in the security detection market, American Science and Engineering [ASEI], for $269 million in cash, a deal […]
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Business/FinancialLockheed Martin, Turkish Industry Activate $3.5 Billion In Agreements To Build 109 T70 Helicopters
Lockheed Martin [LMT], the government of Turkey, and members of the Turkish aerospace industry activated contractual agreements worth $3.5 billion under the Turkish Utility Helicopter Program (TUHP) to build and […]
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Homeland SecurityCBP Plans To Begin Biometric Exit Procurement In 2017
Continuing its work toward an initial biometric exit solution at some of the nation’s international airports in 2018, Customs and Border Protection (CBP) has begun a test of facial comparison […]
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Business/FinancialHGH Infrared Systems Acquires Electro Optical Industries
HGH Infrared Systems on Friday said it has acquired Electro Optical Industries (EOI), giving it development and manufacturing capabilities for products in test equipment and calibration instrumentation for government and […]
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Homeland SecurityCBO Estimates Costs Of 100 Percent Overseas Container Scanning In Billions Of Dollars
The costs to implement a congressional mandate to electronically scan all shipping containers at overseas ports before departing for the U.S. would be between $12 billion and $32 billion over […]
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InternationalNATO To Deploy AWACS Aircraft In Support Of ISIS Fight In Iraq
BRUSSELS – A Boeing [BA] E-3A Sentry Airborne early Warning and Control (AWACS) aircraft belonging to NATO will deploy to Iraq in support of the coalition fight against Islamic State […]
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InternationalJavelin Missile Successfully Completes Five U.K. Ground Vehicle Tests
The Javelin Joint Venture Team, a collaboration between Raytheon [RTN] and Lockheed Martin [LMT], has successfully completed a series of five ground vehicle launch tests for the United Kingdom (U.K.) […]
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InternationalIraq Requests $181 Million In AC-208 Sustainment, Logistics, And Spares Support
The State Department approved a possible $181 million Foreign Military Sales (FMS) request to Iraq for AC-208 sustainment, logistics, and spares support. The Defense Security Cooperation Agency (DSCA) notified Congress […]
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CyberU.S., China Hold Second High Level Dialogue On Cyber Issues
The Justice Department said Tuesday night that the government officials from the United States and China held a second set of meetings involving cyber crime and related issues and decided […]
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InternationalMBDA Begins Series Production Of MMP Land Combat Missile
MBDA has begun series production of the Missile Moyenne Portée – medium-range missile (MMP), in line with the initial schedule defined by the French procurement agency (DGA), the company said […]