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Business/FinancialAltamira Acquires Signals Intelligence Firm VaST
Altamira Technologies on Wednesday said it has acquired Virginia Systems & Technology (VaST), which provides signals intelligence (SIGINT) expertise to national security customers. Terms of the deal were not disclosed. […]
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InternationalPossible AARGM-Extended Range Sale For Australia Approved
The State Department this week approved a potential $506 million sale of Advanced Anti-Radiation Guided Missiles-Extended Range (AARGM-ER) to Australia for use against land and sea-based radar related to enemy […]
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Business/FinancialLockheed Martin Ventures Invests In Electric Motor Company H3X
H3X Technologies, a developer and manufacturer of electric motors for aircraft, on Tuesday said it has received an investment from Lockheed Martin’s [LMT] venture arm to help it accelerate development […]
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Air ForceRaytheon’s Pratt & Whitney Holds Supplier Day on Capitol Hill for Proposed F135 Engine Core Upgrade
Raytheon Technologies‘ [RTX] Pratt & Whitney held a supplier day Feb. 28 on Capitol Hill for the company’s proposed F135 Engine Core Upgrade (ECU) for the Lockheed Martin [LMT] F-35 […]
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PentagonDoD Fiscal 2024 Budget Likely to Address Shoring Up Industrial Capacity to Respond to Surge Demands
One of the central thrusts of the upcoming DoD fiscal 2024 budget is likely to be building industrial capacity to satisfy surge demands for materiel in response to requests from […]
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Advanced / Transformational TechnologyCommerce Department Opens Funding Opportunity To Catalyze Domestic Semiconductor Industry; Boost For DIB
The Commerce Department on Tuesday opened an expected funding opportunity aimed at rebuilding the domestic semiconductor industry, which has increasingly moved offshore, a weakness in U.S. supply chains that became […]
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Nuclear ModernizationUS Still Waiting For Russia To Explain What Moscow’s Suspension of Last Nuke Treaty Means
Russia’s suspension last week of the world’s biggest bilateral nuclear-weapons treaty is not official yet and Moscow was still talking to the State Department about the treaty as of Monday, […]
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Navy/USMCNorthrop Grumman Receives New Production Order For Marines’ Next-Gen Handheld Targeting System
After securing the contract to produce the Marine Corps’ Next Generation Handheld Targeting System (NGHTS) last February, Northrop Grumman [NOC] has received a new $16.7 million order covering delivery of […]
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Business/FinancialLeidos Names Rolls-Royce’s Bell As Next CEO; Krone To Retire
Leidos [LDOS] on Monday said long-time Chairman and CEO Roger Krone will retire this spring and be succeeded as CEO by Thomas Bell, who is currently president of Defense for […]
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Navy/USMCNavy And Marine Corps Compromised On Medium Amphibs Requirements And Will Go Into Contested Environments, Officials Say
Several Navy officials recently confirmed the Navy and Marine Corps compromised on designs for the new Landing Ship Medium (LSM) and laid out the upcoming schedule, but also said it […]
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