:

Business/Financial

J.F. Lehman Invests In Gimbaled Camera System Developer Trillium Engineering

By Cal Biesecker

Thursday, April 1st, 2021

SHARE:

The private equity firm J.F. Lehman & Company on Wednesday said it has made a “substantial investment” in Trillium Engineering, a small developer and provider of gimbaled camera systems for small unmanned aircraft systems. The amount of the investment wasn’t disclosed. Trillium, which is based in Hood River, Ore., has about more than 35 employees. Trillium on its website says it had a significant increase in its sensor contracts in 2020 versus 2019, going from nine multi-unit orders for its…

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, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]