The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $141.4M contract option to manufacture a fifth batch of air-launched, precision-strike glide bombs. Raytheon’s missile systems business will produce 1.2K Small Diameter Bomb II munitions, 389 single-weapon containers and 344 dual-weapon containers, the Dep...
Imaging satellite operator Planet has agreed to buy geospatial data management software vendor Boundless Spatial for an undisclosed sum to expand the former’s business in the public sector and commercial agriculture markets. San Francisco-based Planet said Tuesday it aims to increase utilization of its imager...
President Donald Trump is expected this week to order the creation of a new combatant command that would focus on space, CNN reported Monday. Vice President Mike Pence is set to visit Tuesday the Kennedy Space Center in Florida and the Pentagon this week to talk about the administration™s plan for a new space force....
The U.S. Army has awarded BAE Systems a $376M contract and General Dynamics (NYSE: GD) a $335M contract to build ground combat vehicle prototypes intended for U.S. Army infantry brigade combat teams. Both companies will produce Mobile Protected Firepower vehicles under the MPF middle tier and rapid prototyping contracts that include l...
Consulting firm McAleese & Associates has released a report on Deputy Defense Secretary Patrick Shanahan™s speech at a National Defense Industrial Association-sponsored briefing on hypersonics. Shanahan said Thursday at the NDIA event that hypersonic technologies need to be operationalized. œThis is about industrial...
Lockheed Martin (NYSE: LMT) has secured a potential $92.5M contract to provide support services for H-60 multirole helicopters of the U.S. Navy as well as Australia, Denmark and Saudi Arabia under the foreign military sales program. The company will update, implement and maintain H-60 software and systems configurations under the cost...
Italy-based conglomerate Leonardo has moved to combine three divisions into a new electronics division as part of growth efforts in the defense and security technology market. Leonardo said Thursday the new business will consolidate the firm’s land and naval defence electronics, airborne and space systems and defense systems businesses. The co...
TYSONS CORNER, VA, December 14, 2018 ” ManTech International (Nasdaq: MANT) has received a potential $35M task order from the U.S. Marine Corps for research and development work focused on emerging technologies such as artificial intelligence, cyber, electronic warfare and machine learning, ExecutiveBiz reported Nov. 29. The company said Nov. 2...
TYSONS CORNER, VA, December 13, 2018 ” Cisco Systems (Nasdaq: CSCO) executives Carl De Groote and Chuck Louisell have urged the U.S. military to explore technologies such as artificial intelligence, machine learning and in-line data analytics with an agile and resilient multinetwork architecture to support mission assurance, sustained operation...
Siemens‘ U.S. federal arm will support the modernization of a steam plant at Los Alamos National Laboratory in New Mexico as part of a potential 21-year, $555M energy savings performance contract from the Department of Energy. Siemens Government Technologies received a $45.8M initial task order to modernize a six-decade-old system th...
