Thomas Kennedy, chairman and CEO of Raytheon (NYSE: RTN), has said he expects the company to gain a controlling share of a potential $8 billion market for surface-to-surface missiles over a decade, Defense News reported Tuesday. Kennedy said Thursday at the company™s earnings call that the proposed Naval Strike Missile is ready to transition to...
https://www.youtube.com/watch?v=wqb4xzhd40w DARPA has successfully completed its Anti-Submarine Warfare (ASW) Continuous Trail Unmanned Vessel (ACTUV) program and has officially transferred the technology demonstration vessel, christened Sea Hunter, to the Office of Naval Research (ONR). ONR will continue developing the revolutionary prototype vehic...
Greg Jones, former vice president of corporate business development and international programs at Orbital ATK (NYSE: OA), has been named senior VP of strategy and business development at Aerojet Rocketdyne (NYSE: AJRD) in a move that takes effect Feb. 5. Aerojet Rocketdyne said Monday Jones will oversee strategic planni...
TYSONS CORNER, VA, Jan. 29, 2018 ” American Systems will support the development and implementation of a cloud-based emergency mass notification system for the U.S. Air Force under a $68.6 million task order via the Network-Centric Solutions-2 network operations and infrastructure solutions contract, ExecutiveBiz reported Jan. 17...
TYSONS CORNER, VA, Jan. 29, 2018 ” A subsidiary of Jacobs Engineering Group (NYSE: JEC) will provide continued engineering support for the U.S. Navy‘s and the U.K. government’s launch test capability under a $17.5 million contract modification, ExecutiveBiz reported Friday. The Defense Department said Thursday Jacobs Techn...
A Lockheed Martin (NYSE: LMT) subsidiary has won a potential $942.8 million contract to build and deliver two laser weapon test units to the U.S. Navy under increment 1 of the High Energy Laser with Integrated Optical-dazzler and Surveillance program. The Defense Department said Friday the Naval Sea Systems Command received four proposals for the...
Concurrent Technologies Corp., Southwest Research Institute and University of Dayton Research Institute have won a shared $49 million contract to develop tools for the U.S. Air Force to accelerate its adoption of alternative energy technologies and energy efficiency measures. The Defense Department said Friday services under the seven...
TYSONS CORNER, VA, Jan. 26, 2018 ” Orbital ATK (NYSE: OA) will work to mature an extended-range configuration of a U.S. Navy airborne tactical missile system under a contract that seeks to advance the platform to the engineering and manufacturing development phase, ExecutiveBiz reported Thursday. The company said Wednesday it will dev...
San Diego-based General Atomics has purchased certain assets of molecular diagnostics technology maker Xagenic in a push to continue advances in the defense microelectronics, advanced sensor and signal processing technology areas. General Atomics said Thursday it will integrate the acquired assets into a bio-sensor technolog...
TYSONS CORNER, VA, Jan. 25, 2018 ” Cisco Systems (Nasdaq: CSCO) has signed an agreement with the government of Luxembourg on efforts to accelerate the country’s digital transformation around the areas of cybersecurity, education, financial technology and the internet of things, ExecutiveBiz reported Wednesday. The company said T...
