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Tag Archives: sensors

ManTech to Drive Agile Dev’t of Navy Hawkeye Sensors; Kevin Phillips Quoted

TYSONS CORNER, VA, November 16, 2018 — ManTech International (Nasdaq: MANT) will build updated sensors for the U.S. Navy‘s Hawkeye aircraft with the E-2/C-2 Airborne Tactical Data System Program Office under a $45M deal, ExecutiveBiz reported Oct. 16. The company said Oct. 15 the award via the Defense Department Information Analysis Center’s Defense …

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Army Tests Sensors, Functions of Northrop’s Missile Defense Battle Command System

TYSONS CORNER, VA, September 14, 2018 — The Northrop Grumman-built (NYSE: NOC) Integrated Air and Missile Defense Battle Command System has undergone a live air test with the U.S. Army to validate its target detection and tracking functions, ExecutiveBiz reported Thursday. The company said Wednesday the IBCS was able to engage with representative …

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Lockheed to Funnel $460M Tax Reform Savings to R&D, Venture Fund, Employee Programs

TYSONS CORNER, VA, June 11, 2018 — Lockheed Martin (NYSE: LMT) aims to shift an estimated $460 million in savings the company said it generated through the recent U.S. tax reform law toward research and development as well as investments in technology startups, ExecutiveBiz reported Friday. The company said Thursday part …

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Navy Exercises $100M Option on Northrop’s Large Aircraft IR Countermeasures Contract

Northrop Grumman (NYSE: NOC) has secured a $99.5 million contract option from the U.S. Navy to support the integration of large aircraft infrared countermeasure systems. The Defense Department said Tuesday that Northrop will provide hardware such as weapon replaceable assemblies, support equipment, signal processors, 302 advanced threat warning sensors and 41 control indicator units …

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Curtiss-Wright Closes $233M Teletronics Buy in Data Acquisition Tech Push

Curtiss-Wright (NYSE: CW) has concluded its $233 million cash acquisition of Teletronics Technology Corp. as part of efforts to expand data acquisition technology offerings and geographic footprint. Both companies first announced the deal in early December. Newtown, Pennsylvania-based TTC will integrate into Curtiss-Wright’s defense segment and continue to offer high-technology data acquisition …

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Norway Eyes $1.2B Boeing Poseidon Maritime Plane Buy

Norway’s defense ministry looks to purchase five Boeing-developed (NYSE: BA) maritime patrol aircraft worth approximately $1.15 billion for the country’s armed forces. The ministry said Friday it plans to acquire the P-8A Poseidon for efforts to monitor the country’s oceans and offer allied civil and military authorities with a basis for decisions with …

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Saab Receives Estimated $184M Torpedo Order From Agency in Sweden

Saab has received an estimated $184 million order for a lightweight torpedo system from Sweden’s defense logistics agency. The company will develop, produce and deliver the torpedo from 2016 through 2024 in support of the Swedish armed forces’ underwater systems, Saab said Friday. Gorgen Johansson of Saab said the lightweight torpedo serves as replacement for Torpedo …

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Sparton-Ultra Electronics JV Lands $101M Navy Sonobuoys Order; Joseph Hartnett Comments

ERAPSCO, a joint venture of Sparton Corp. (NYSE: SPA) and Ultra Electronics, has received a five-year, $101.1 million contract to produce sonobuoy sonar systems for the U.S. Navy. Ultra Electronics USSI and Sparton De Leon Springs will manufacture the sonobuoys under production subcontracts from ERAPSCO worth $46.8 million and $54.3 million, …

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Raytheon Signs MOU With AEC to Explore Mideast, Global Market Opportunities

TYSONS CORNER, VA, November 11,  2015 — Raytheon (NYSE: RTN) has expanded its partnership with Advanced Electronics Company to cover the development of weapon, sensor, aviation and cybersecurity systems for the civilian and defense sectors, ExecutiveBiz reported Tuesday. Raytheon said Monday it has signed a new memorandum of understanding with AEC at the …

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Ken Asbury: CACI to Help Army Build Threat Detection Sensors

The U.S. Army has awarded CACI International (NYSE: CACI) a potential two-year, $32.5 million contract to help the service build a range of electronic sensing devices. The contract has one base year and one option year and was awarded through the Army’s Rapid Response Third Generation program, the company said …

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