“Technology innovation is the battlefield of today.” Amid the pandemic, the Department of Air Force indicated in its fiscal 2019/2020 Acquisition Biennial Report how it developed innovative strategies to carry on with its missions and integrate digital engineering into its operations. From executing the pioneer end-to-end demonstration of the Ad...
The Defense Advanced Research Projects Agency has selected three teams of researchers led by BAE Systems, Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) to produce low-latency, low-power, event-based infrared cameras as part of the Fast Event-based Neuromorphic Camera and Electronics program. “Event-based cameras operate under ...
CAE (NYSE: CAE) has closed its $1.05 billion acquisition of the military training business from L3Harris Technologies (NYSE: LHX) while Renk AG completed its $400 million cash purchase of L3Harris’ combat propulsion systems unit and related assets. The two deals were first announced in March and completed Friday, three days after Christopher K...
Raytheon Technologies (NYSE: RTX) will begin manufacturing Next Generation Jammer Mid-Band pods for the U.S. Navy’s electronic warfare aircraft fleet after the company received a $172 million low rate initial production contract. Naval Air Systems Command has ordered three NGJ-MB ship sets along with associated equipment, technical data and go...
NASA has started its formal solicitation for a new round of commercial services to conduct human landing system maturation and risk reduction work to help inform future routine crewed transportation from lunar orbit to the moon’s surface. The agency said Thursday it will award milestone-based contracts worth up to $45 million to each company t...
Raytheon Technologies (NYSE: RTX) will move to the engineering and manufacturing development phase for the Long Range Standoff weapon system under a potential $2 billion contract with the U.S. Air Force. Raytheon’s missile and defense business will continue to mature production processes and demonstrate the manufacturing environment with a goal of...
Mike Elias, an aerospace and defense industry veteran, has joined CAES as senior vice president and general manager of space systems division. He will manage the company’s portfolio of space products including applications-specific integrated circuits, radiation hardened microelectronics, advanced packaging platforms, positioning and motion contro...
PAE‘s (Nasdaq: PAE) applied technologies unit has secured a potential $402 million contract to help NASA operate and maintain the Johnson Space Center in Houston. NASA said Wednesday the company will also support Johnson engineering and construction projects and provide management support to the Sonny Carter Training Facility and Ellington Fie...
OpenGate Capital has wrapped up its $200 million acquisition of the ScioTeq and Treality Simulation Visual Systems businesses from TransDigm Group (NYSE: TDG). TransDigm first announced in March the transaction to sell its two units that offer visualization platforms intended for defense, security and air traffic control applications. The Cleveland-...
Christopher Kubasik, most recently vice chair, president and chief operating officer of L3Harris Technologies (NYSE: LHX) and a three-time Wash100 Award winner, has succeeded William Brown as CEO of the Melbourne, Florida-based aerospace and defense contractor as part of the L3 Technologies-Harris merger agreement announced in October 2018. William ...
