Tag Archives: electronics

Harris FY 2017 Guidance Below Street Estimate, 4Q Swings to Profit as Radio Maker Inks Board Appointment Pact With Jana Partners

Harris Corp.’s (NYSE: HRS) guidance for its 2017 fiscal year started July 4 came in below Wall Street’s consensus forecast before markets opened Tuesday as the communications technology contractor anticipates pressure in its tactical and maritime energy businesses to continue. Melbourne, Florida-based military radio maker Harris cited global oil price declines …

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DMEA Picks 8 Firms for $7B Follow-On Advanced Tech Engineering Services IDIQ

The Defense Microelectronics Activity has awarded positions on a potential $7.2 billion contract vehicle to eight companies to support the agency’s work on new technology insertions and applications for military systems. Contractors will bid for individual task orders over a 10-year ordering period to engineer components for the Defense Department to address operational issues with electronics’ hardware and software …

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Mercury Systems Eyes National Security Sector With Newly Acquired Electronics Firm

Mercury Systems (Nasdaq: MRCY) has acquired privately held electronics company Lewis Innovative Technologies in efforts to expand Mercury’s embedded secure processing technology portfolio for the national security sector. LIT will retain its market presence in the Huntsville region in Alabama following the acquisition, Mercury said Dec. 16. “Embedded systems security has become a …

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DRS to Develop, Integrate Electronic Parts into US Navy Submarines; Roger Sexauer Comments

DRS Technologies (NYSE: DRS) has been awarded a more than $384 million contract to develop and integrate electronic equipment into the U.S. Navy’s various submarines in a move to modernize the combat control and sonar systems. The company will produce display, processor and network parts for installation in the SSN 688i, …

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Raanan Horowitz: Elbit Systems Engineers to Work on F-16 Display Technology

Elbit Systems of America will perform logistics work on head-up display electric module assemblies for the U.S. Air Force‘s fleet of F-16 fighter jets under a five-year, $29 million contract. Raanan Horowitz, president and CEO of Elbit Systems of America, said Tuesday that the company’s engineers will focus on work to …

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Bernhard Gerwert: Airbus to Downsize Defense, Space Division

Airbus Group will sell some of the subsidiaries and business units within its defense and space division after what the aerospace and defense conglomerate called a “detailed and comprehensive portfolio assessment.” Airbus Group said Tuesday that it identified its commercial and para-public communication business as among the candidates for divestment and said it also …

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Robert Gaylord Appointed L-3 Maritime Systems President

Robert Gaylord, formerly a senior vice president and general manager at L-3 Communications (NYSE: LLL), has been promoted to president of the company’s maritime systems business, GovCon Wire has learned. The business comprises of 80 employees across two facilities in New Orleans and Leesburg, Va. that work to integrate electrical …

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Kratos to Build Navy UAV Command, Control Systems

A Kratos Defense & Security Solutions (NASDAQ: KTOS) subsidiary has been awarded a four-year, $29.6 million basic ordering agreement to build command and control systems for the U.S. Navy‘s unmanned aerial vehicles. Micro Systems will work to engineer and develop upgrades for electronics and ground control stations used to manage UAVs, …

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Raytheon Awarded $70M for Air Force Countermeasures

Raytheon (NYSE: RTN) has been awarded a $70 million contract to build electronic countermeasures and line replaceable units for in-country spares, software sustainment and other work at two Air Force bases. Warner Robins and Eglin Air Force Bases are acquiring the Advanced Countermeasures Electronic Systems and LRUs to help support foreign …

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BAE, Boeing, IBM to Help Air Force Develop Cooling Technology

BAE Systems, Boeing (NYSE: BA) and IBM (NYSE: IBM) are working with the U.S. Air Force Research Laboratory to integrate electronic cooling systems into embedded computing devices and radio frequency power amplifiers, Military & Aerospace Electronics reported Friday. John Keller writes the AFRL gave 30-month contracts to BAE and Boeing, …

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