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Tag Archives: Procerus Technologies

Army Taps 17 Firms for Army Research Lab/JIEDDO Challenge IDIQ

The U.S. Army has selected 17 companies to participate in the initial task order for the Culvert Denial Challenge program, which is run by the Army Research Laboratory and Joint Improvised Explosive Device Defeat Organization. The Defense Department said Tuesday that the indefinite-delivery/indefinite-quantity contract is worth up to $49.5 million through September 2019. Work …

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Lockheed Acquires Assets of UAV Software Developer CDL Systems; Bob Stevens Comments

Lockheed Martin (NYSE: LMT) has acquired substantial assets of Alberta, Canada-based software engineering firm CDL Systems Ltd. for an undisclosed amount, Lockheed announced Friday. “This transaction provides us a common software solution with significant in-theater experience that furthers our ability to meet our customers’ growing need for mission critical unmanned vehicle …

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Lockheed Acquires Unmanned Avionics Firm Procerus Technologies

Lockheed Martin (NYSE: LMT) has acquired Procerus Technologies for an undisclosed amount, Lockheed announced Tuesday. Procerus specializes in autopilot and avionics for micro unmanned aerial systems. Lockheed said its mission systems and sensors business will manage Procerus. “This acquisition is consistent with our focus on acquiring capabilities that enhance our …

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