highlights
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Army
Army Taps Teledyne FLIR To Deliver Upgraded Black Hornet 4 Nano Drones
The Army has awarded Teledyne FLIR [TDY a five-year production contract worth up to $91 million to deliver the new, fourth-generation version of its Black Hornet nano drone, the company […]
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Business/Financial
RTX Bounces Back With Strong Third Quarter Driven By Commercial And Defense Work
After being pummeled a year ago due to charges related to work on commercial aircraft engines, RTX [RTX] on Tuesday posted strong results in its third quarter led by gains […]
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Air Force
Air Force Awards Virtualitics $46 Million To Bring AI To Weapons Maintenance
Virtualitics, a small company providing artificial intelligence readiness applications, has received a $46 million contract from the Air Force to deliver a maintenance solution in support of multiple weapon systems. […]
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Business/Financial
Thales To Acquire Boeing Unit Serving Intelligence Market
A U.S. based business of France’s Thales will acquire a small unit of Boeing [BA] that serves the intelligence, defense, and homeland security markets. Terms of deal were not disclosed. […]
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Air Force
Early Fuel System Inspection Helps Reduce B-2 PDM Time, USAF Says
U.S. Air Force B-2 Spirit stealth bombers by Northrop Grumman [NOC] typically undergo a 470-day programmed depot maintenance (PDM) every nine years in Palmdale, Calif., to repair the bomber and […]
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Air Force
Tarantulas and Asian Giant Hornets Subplot in RTX Settlement with DoJ
Tarantulas and Asian giant hornets in Taiwan are a subplot of a nearly $1 billion settlement RTX [RTX] reached last week with the U.S. Department of Justice (DOJ). Deterring a […]
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International
State Department Approves Potential $360 Million Sale For Hundreds Of RAM Missiles To Japan
The State Department on Friday approved a possible Foreign Military Sale (FMS) of hundreds of RTX [RTX] Rolling Airframe Missile (RAM) Block 2B tactical missiles and related equipment for Japan. […]
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Business/Financial
International Growth A Key Focus Area For Lockheed Martin’s Integrated Systems And Sensors Business
Radars, launchers, and combat systems are all key product areas that will help drive international growth over the next year and more at Lockheed Martin’s [LMT] Integrated Warfare Systems and […]
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Unmanned Systems
Marines To Add Anduril, Invariant Systems To MADIS Air Defense Platform
The Marine Corps last Wednesday awarded $200 million contracts Anduril Industries and Invariant Corp. to provide capabilities that will be integrated into an existing mobile platform to defeat drone threats […]
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International
Australia Announces New Naval Industrial Zone With Future Submarine Dry Docks
The Australian government on Wednesday announced a new site in Western Australia called the Henderson Defense Precinct that will ultimately include a submarine dry dock for future maintenance activities. During […]
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