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Defense Industry News

Saturday, March 20, 2010

  • Posted at 9:39 PM
    DISH Network L.L.C., the fastest-growing pay-TV provider in America, today announced the successful launch of its latest satellite, EchoStar XIV. To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/dish-network-launches-new-satellite-to-expand-industrys-largest-hd-offering-88747237.html EchoStar XIV allows DISH Network to continue expanding the largest high definition offering in the U.S. The definitive HD leader, DISH Network currently broadcasts more than 160 HD channels as well as HD locals in 152 markets. Today's launch brings the size of DISH Network's satellite constellation to 15 - ... read more

Friday, March 19, 2010

  • Posted at 8:19 PM
    PharmAthene, Inc. (NYSE Amex: PIP), a biodefense company specializing in the development and commercialization of medical countermeasures against chemical and biological threats, announced today that pursuant to the Federal Acquisition Regulations and pending a ruling in a protest recently filed by a competitor the Department of Health and Human Services (HHS), through the Biomedical Advanced Research and Development Authority (BARDA), has suspended work under the modification the Company announced on February 23, 2010 to its existing contract with BARDA for ... read more
  • Posted at 3:19 PM
    Triumph Group, Inc. (NYSE:TGI) today announced the expiration and results of its exchange offer (the “Exchange Offer”) to exchange up to $175 million in aggregate principal amount of its 8% Senior Subordinated Notes due 2017 that have been registered (the “Exchange Notes”) under the Securities Act ... read more
  • Posted at 10:21 AM
    PASSUR Aerospace, Inc. (OTC Bulletin Board: PSSR) announced total revenues for the first quarter ending January 31, 2010 were up approximately 12% to $2,323,000, compared to $2,076,000 in the same quarter the previous fiscal year. Operating profits were up approximately 60% to $389,000 compared to $244,000 in the same period the previous fiscal year. Net profit was $25,000 or $.00 per diluted share compared to $76,000 or $.01 per diluted share in the same quarter the previous fiscal year. ... read more
  • Posted at 9:38 AM
    The United States Army Corps of Engineers (USACE) announced today that it is fully implementing the Government Accountability Office's recommendations for the future construction of the new Martin Army Community Hospital at Fort Benning, Ga. On September 28, 2009, USACE awarded a design-build contract for the replacement of the Martin Army Community Hospital to Turner Construction Company, Inc., of Huntsville, Ala. Turner's design partner was Ellerbe Becket of New York, NY. On February 16, the GAO sustained two protests ... read more
  • Posted at 9:30 AM
    Mikros Systems Corporation (OTC Bulletin Board: MKRS), announced that it has been awarded a $26 million Small Business Innovative Research (SBIR) Phase III contract for deliveries and support of Mikros' Adaptive Diagnostic Electronic Portable Testset (ADEPT) from the Naval Surface Warfare Center at Crane, IN. The award is an indefinite delivery, indefinite quantity (IDIQ) contract with a maximum value of $26 million over 5 years. The contract covers the procurement of ADEPT systems and related engineering services required for system ... read more
  • Posted at 9:15 AM
    Virtensys™, Ltd, a leader in next-generation I/O solutions for data centers, today announced that the company will demonstrate its I/O virtualization switches, the Virtensys VIO-4000 Series, at FOSE 2010 – booth # 2423 - on March 23-25, 2010 in Washington, D. C. The company has recently ... read more
  • Posted at 9:15 AM
    In honor of World War II veterans, and in appreciation of active military members, HBO is launching a video tribute campaign for our troops in partnership with national museums dedicated to preserving the history of WWII. Visitors to the American Airlines C.R. Smith Museum now have the chance to record a video "thank you" message that will become part of a national tribute. Select video will be collected for a montage that will appear on HBO.com and will ... read more
  • Posted at 9:14 AM
    GenCorp Inc. (NYSE: GY) announced today that it executed an amendment to its $280.0 million senior credit facility. The amendment, among other things, (i) permits the Company to repurchase or refinance its outstanding convertible subordinated notes and senior subordinated notes, subject to certain conditions; (ii) permits the Company to incur additional senior unsecured or subordinated indebtedness, subject to specified limits and other conditions; (iii) provides more flexible terms surrounding the leverage ratio compliance; and (iv) permits the Company to ... read more
  • Posted at 9:00 AM
    The Defense Logistics Agency's Defense Energy Support Center and Air Transport Association of America, Inc., signed a strategic alliance agreement today in Washington, D.C., recognizing a partnership for the development and deployment of alternative aviation fuels. The agreement highlights the shared goals of the Department of Defense and the principal U.S. airlines to advance the development and deployment of commercially viable, environmentally friendly, alternative aviation fuels. "This is a significant step forward in the alternative fuels arena, and further shows commitment by ... read more
  • Posted at 8:15 AM
    Rolls-Royce, the global power systems company, successfully demonstrated the capabilities of its unique LiftSystem™ technology with the first vertical landing of the Lockheed Martin F-35B Lightning II aircraft. The successful flight test took place yesterday, Thursday 18 March, at ... read more
  • Posted at 7:26 AM
    Midwest Research Institute (MRI) has been awarded a U.S. Department of Defense contract to provide CBRNE--chemical, biological, radiological, nuclear, and explosive--support services. CBRNE expertise is vital to national defense against chemical and biological warfare and terrorism. "Federal agencies have entrusted Midwest Research Institute to provide CBRNE expertise since our founding in 1944," said Michael F. Helmstetter, Ph.D., MRI President and CEO. "MRI is honored to assist the nation in protecting human lives and guarding our country against ... read more
  • Posted at 6:37 AM
    The Oregon Army National Guard's Camp Withycombe won the FY 2009 Secretary of the Army award for environmental restoration efforts on an installation. Camp Withycombe completed the remediation of six former training ranges in preparation for a major Oregon Department of Transportation highway development project. The use of green remediation technologies at Oregon Army National Guard's largest ever restoration project earned them recognition in the Army's environmental awards program. In preparation for freeway construction starting in 2012, Camp Withycombe is working to ... read more
  • Posted at 6:00 AM
    Universal Detection Technology (www.udetection.com) (OTCBB:UNDT), a developer of early-warning monitoring technologies and counter-terrorism training programs to protect people from bioterrorism and other infectious health threats, announced today that it will present the company’s latest developments in bioweapons detection ... read more
  • Posted at 5:45 AM
    Alliant Techsystems (NYSE: ATK) announced that it successfully completed the second of two ground tests of a full-scale attitude control motor (ACM) for the launch abort system (LAS) of NASA's Orion crew exploration vehicle. The second test was conducted on March 17, and evaluated environment extremes and ignition system robustness in addition to confirming the motor performance. The test was conducted at ATK's facility in Elkton, Maryland, where the first successful test was conducted on December 15, 2009. Lockheed ... read more
  • Posted at 5:30 AM
    Boeing (NYSE: BA) today announced that it will accelerate planned rate increases on both the 777 and 747 programs. The accelerated rate increases will support increasing customer demand in the recovering airplane market. "Our customers recognize the great capability and value of the 777 and 747-8," said Boeing Commercial Airplanes President and CEO Jim Albaugh. "Market improvement and our conservatively managed approach to production have put us in a position where we see it necessary to raise aircraft output. Increasing our ... read more
  • Posted at 5:16 AM
    Pratt & Whitney's F135 propulsion system, using the Rolls-Royce LiftFan® and lift system successfully powered the Lockheed Martin F-35B Lightning II short takeoff/vertical landing (STOVL) through its first vertical landing. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company. "Years of dedicated hard work by the men and women of Pratt & Whitney, Rolls-Royce, Lockheed Martin, and the F-35 Joint Program Office, along with our sister company, Hamilton Sundstrand, have gone into successful completion of this historic milestone," ... read more

Thursday, March 18, 2010

  • Lockheed Martin F-35 Joint Strike Fighter Succeeds in First Vertical Landing --- NAVAL AIR STATION PATUXENT RIVER, Md., March 18
    Posted at 3:42 PM
    A supersonic Lockheed Martin (NYSE: LMT) F-35B Lightning II stealth fighter rode more than 41,000 pounds of thrust to a vertical landing today for the first time, confirming its required ability to land in confined areas both ashore and afloat. To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/lockheed/42216/ (Photo: http://www.newscom.com/cgi-bin/prnh/20100318/MM57524 ) "Today's vertical landing onto a 95-foot square pad showed that we have the thrust and the control to maneuver accurately both in free air and in the ... read more
  • Posted at 3:30 PM
    Honeywell (NYSE: HON) announced today that it has been awarded an $8.4 million five-year U.S. Army contract for the operation and maintenance of the Detrick Earth Station, home to the Direct Communication Link, known as the Washington-Moscow Presidential Hotline. (Logo: http://www.newscom.com/cgi-bin/prnh/20080425/LAF040LOGO) "Honeywell's expertise ensures this vital connection between the U.S. and Russia is always available," said Vince Trim, president, Honeywell Technology Solutions, Inc. "Honeywell provides 24/7 Russian linguist support and technical support for earth station operations over the Russian satellite network." ... read more
  • Posted at 2:00 PM
    LENEXA, KS -- (Marketwire) -- 03/18/10 -- ICOP Digital, Inc. (NASDAQ: ICOP), an industry-leading company engaged in advanced mobile video technology solutions, today announced financial and operational results for the three and 12 months ended December 31, 2009. Key Operational Highlights ICOP experienced three consecutive quarters of increased revenues in the last three quarters of 2009. Availability of early stimulus funds for the purchase of law enforcement equipment has begun to flow to agencies, and is expected to increase based on federally allocated funding. 81% of all ... read more