Tag Archives: canada

TYSONS CORNER, VA, Oct. 24, 2017 — Intel‘s (Nasdaq: INTC) investment arm has placed more than $60 million in funds to support 15 startups as they work to develop cybersecurity, analytics, machine learning, artificial intelligence and autonomous technologies, ExecutiveBiz reported Monday. The company said Thursday the startups from Canada, China, Israel, Japan …

TYSONS CORNER, VA, Sept. 14, 2017 — CAE has entered into a partnership with business school HEC Montreal’s research laboratory in Canada to study pilots’ user experience in flight simulators in efforts to build on aviator performance, ExecutiveBiz reported Wednesday. The company said Tuesday it will collaborate with Tech3Lab to utilize big data, …

The State Department has approved Canada’s request to buy Boeing-built (NYSE: BA) F/A-18 Super Hornet aircraft and related equipment and services from the U.S. government under a potential $5.23 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electric (NYSE: GE) will serve as principal contractors …

Thales Group has secured a potential 35-year, $4.13 billion contract to provide in-service support to the Canadian navy’s fleet of Arctic offshore patrol and joint support ships. The contract has an eight-year base period valued at $633 million and work will include refit, repair, maintenance and training services, Thales said Thursday. The …

TYSONS CORNER, VA, July 20, 2017 — Lockheed Martin (NYSE: LMT) has placed a $1.1 million investment to help advance the development of an artificial intelligence tool that Canada-based contextere intends to support aerospace and defense maintenance personnel, ExecutiveBiz reported Wednesday. The intelligent personal agent will work to assist in field service, industrial inspection and maintenance, …

CAE has secured more than $138.5 million in contracts during the first quarter of its 2018 fiscal year to provide aircraft simulation products, training services and in-service support to U.S. and international defense customers. Montreal-based CAE said Tuesday it received contracts from Lockheed Martin (NYSE: LMT), L3 Technologies‘ (NYSE: LLL) MAS subsidiary and Airbus Group‘s …

A team composed of Northrop Grumman (NYSE: NOC), ViaSat (Nasdaq: VSAT) and Optus has received a potential $170 million contract to build a satellite ground station and a wideband satellite communications network management system for Australia’s defense force. The team will install a satellite ground station at Wagga Wagga in New South Wales under the Joint Project 2008 Phase 5B2 …

Northrop Grumman (NYSE: NOC) has secured a $179 million contract modification from the U.S. Air Force to provide hardware and support for large aircraft infrared countermeasures systems, or LAIRCM. The Defense Department said Thursday the company will perform work under the modification in Rolling Meadows, Illinois through April 30, 2019. LAIRCM is designed …

Lockheed Martin (NYSE: LMT) has won a potential $1.17 billion contract from the U.S. Navy to engineer sonar technology under the Technical Insertion 18-20 Acoustic Rapid Commercial-Off-The-Shelf Insertion program. The Defense Department said Thursday the contract with an initial value of $130.8 million covers engineering development support for A-RCI modernization requirements and …

The State Department has approved a potential follow-on $195 million foreign military sale of sustainment support services to Canada’s fleet of C-17 military cargo aircraft. Canada requested aircraft maintenance, logistics, in-country field services, alternate mission, training and support equipment, software, spares, personnel training and engineering support for five C-17 planes, the Defense Security Cooperation …