Search Results for: Deep Water

Historic: USAF Allows Defense Company to Choose Next Plane

In a move that Defense One described as “unprecedented,” the U.S. Air Force plans to allow a defense company to choose the USAF’s new electronic-attack jet. According to industry sources and Pentagon officials, this is the first time in the 70-year history of the Air Force that a defense contractor has …

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Lockheed Subsidiary Wins Potential $425M Contract for Navy Torpedo Guidance Systems

A subsidiary of Lockheed Martin (NYSE: LMT) has won a potential $424.7 million contract to build guidance and control systems for the U.S. Navy’s heavyweight torpedoes. Sippican will also provide MK 48 Mod 7 Common Broadband Advanced Sonar System upgrade tools, test equipment, spares and production materials, hardware engineering an repair support services under the contract, the …

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Battelle Subsidiary Buys Undersea Tech Maker SeeByte; Patricia Gruber Comments

Battelle‘s Bluefin Robotics subsidiary has purchased undersea vehicle sensing and navigation software developer SeeByte Ltd. for an undisclosed amount, the Columbus Business Journal reported Monday. Carrie Ghose writes Bluefin and SeeByte have worked together to build technology for Bluefin’s remotely-operated vehicles to track gas and oil pipelines under the sea. Patricia Gruber, …

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Exelis Sells Fiberglass Pipe Business; John Shephard Comments

ITT Exelis (NYSE: XLS) has sold its fiberglass reinforced pipe business to a Dubai-based company for an undisclosed sum as Exelis is aiming to target its investments in certain growth platforms. Exelis is targeting future investments in the analytics, electronic warfare and ISR markets (intelligence, surveillance and reconnaissance), the company …

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CSC Helping Navy Run Undersea Testing Center

Computer Sciences Corp. (NYSE: CSC) has won a $17, 267, 243 contract modification to operate a range and test facility base for the U.S. Navy. The Bahamas-based Atlantic Undersea Test and Evaluation Center conducts test and training operations in both deep and shallow water, the Defense Department said Wednesday. CSC’s …

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Thad Allen Named Booz Allen SVP, to Provide Leadership on Justice, Homeland Security

Booz Allen Hamilton (NYSE: BAH) has named retired Coast Guard Adm. Thad Allen as senior vice president, where he will lead development of thought leadership and client engagement for the company’s justice and homeland security business. Booz Allen said in a release that Allen also will contribute to firm initiatives …

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GovCon Wire’s October M&A Activity Recap: Active Tech Sector, One Big Spinoff

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked …

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Lockheed Martin Ships First Orion Crew Module Spacecraft Structure

Lockheed Martin’s (NYSE: LMT) Orion team sent out the first Orion crew module spacecraft structure from NASA’s Michoud Assembly Facility in New Orleans. Upon arrival in Denver, it will be integrated with the heat shield and thermal protection backshell before undergoing environmental testing. “This is a significant milestone for the …

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SAIC Wins Deal to Make Tsunami-Detecting Buoys

SAIC (NYSE: SAI) has won a contract for the production and delivery of three SAIC Tsunami Buoy (STB) systems and long-term maintenance services to the Indian National Center for Ocean Information Services (INCOIS), Ministry of Earth Sciences in Hyderabad, India. The STB systems will be deployed at locations in the …

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Lockheed Delivers Upgraded Aircraft

Lockheed Martin has delivered the first two of seven upgraded P-3C maritime surveillance aircraft for the Islamic Republic of Pakistan as part of the U.S. Government’s Foreign Military Sales program. “These aircraft incorporate a variety of enhanced features including communications, electro-optic and infrared systems, data management, controls and displays, mission …

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