Lockheed Martin (NYSE: LMT) has secured a potential three-year, $73.8 million contract to begin work on the second phase of the U.S. Army™s Long Range Precision Fires missile program. The contract covers the technological maturation and risk reduction phase in which the company will design and fly prototype missiles in preparation for the engin...
https://www.youtube.com/watch?v=VITpiDwWZys Marines fire M777-A2 Howitzers to provide around the clock support to Combined Joint Task Force-Operation Inherent Resolve throughout Syria from May to June 2017. Operation Inherent Resolve is a global coalition to defeat ISIS in Iraq and Syria. (Video by Sgt. Matthew Callahan) (Editing by Lance Cpl. Jaime...
Mercury Systems (Nasdaq: MRCY) has purchased Duluth, Georgia-based Richland Technologies for an undisclosed sum in a move to grow processing subsystems offerings for aerospace and defense clients. Mercury said Wednesday it plans to keep RTL™s presence in Duluth and that the transaction complements its purchase of Switzerland-based military and ...
Boeing (NYSE: BA) has been selected to support a $442.9 million effort to upgrade the Australian air force’s fleet of E-7A Wedgetail airborne early warning and control aircraft. The service branch said Wednesday Boeing will equip E-7As with new combat identification sensors, tactical data links and communication and en...
https://www.youtube.com/watch?v=lvsgdiFmCZo Capt. Michael Gucwa an, AV-8B Harrier pilot with VMA-311, explains the training and importance of the Advanced Precision Kill Weapon System (APKWS) aboard the USS Bonhomme Richard (LHD 6) while underway in the Pacific Ocean, June 9, 2017. During the flight Harrier pilots fired the (APKWS), a laser-guided r...
TYSONS CORNER, VA, July 5, 2017 ” Carl De Groote, senior director for Defense Department programs at Cisco Systems (Nasdaq: CSCO), has said a combination of automation technology and a highly skilled workforce will help DoD build on its cybersecurity, ExecutiveBiz reported Thursday. He wrote in a guest piece published S...
After North Korea tested an intercontinental ballistic missile Monday, the U.S. ambassador to the United Nations Nikki Haley requested an emergency meeting of the U.N. Security Council. That meeting will likely be held Wednesday with the 15-member council, as concerns mount that the regime is developing an inter-continental ballistic missile that ca...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) two contract modifications worth approximately $73.9 million combined to provide materials and services to support the low-rate initial production of F-35 Lightning II aircraft. Lockheed will provide long-lead parts and components for additional five lot 12 F-35B fighter jets under a $4...
Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee™s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for $28.5 billion more than ...
BAE Systems has received a potential $4.8 billion contract from the U.K. defense ministry to build the first three ships under the country™s Type 26 Global Combat Ship program. The company said Sunday the contract is expected to create at least 3,400 jobs across the U.K. and that it will begin the steel-cutting operation on...
