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Business/Financial

Curtiss-Wright Acquires Rugged Computing And Network Systems Provider Parvus

Defense Daily Staff

Wednesday, October 2nd, 2013

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Curtiss-Wright Corp. [CW] yesterday said it has acquired Parvus corp. for $38 million in cash, a deal that gives it a position in the rugged computing systems space for defense and industrial applications. Parvus DuraCOR 830 tactical mission computer. Photo: Parvus Parvus, which is a business unit of Italy’s Eurotech S.p.A., is based in Utah and is expected to generate $23 million in sales this year, with the majority from defense customers. Parvus is also known for its miniaturized solutions in…

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]