Monday, May 20, 2013 Last update: 5:36 AM
Company Tech News as it Breaks

Defense Industry News

Monday, May 20, 2013

  • Posted at 4:50 AM
    Science Applications International Corporation (SAIC) [NYSE: SAI] announced it was awarded a prime contract by the Joint Program Executive Office for Chemical and Biological Defense (JPEO-CBD) to provide program, engineering, medical, and technical support services. The multiple-award indefinite-delivery/indefinite quantity contract has a three-year base period of performance, two one-year options, one six-month extension optional period, and a total contract value of $495 million for all awardees, if all options are exercised. Work will be performed in multiple cities throughout the ... read more
  • Posted at 4:02 AM
    Lockheed Martin (NYSE: LMT) UK has expanded its range of cloud computing services available to government customers to include IT service integration and management, known as SIAM in the UK. (Logo: http://photos.prnewswire.com/prnh/20110419/PH85737LOGO-b ) SIAM enables UK government departments to deliver seamless, end-to-end IT services in a multi-vendor sourcing model. To effectively manage the multi-vendor environment, SIAM is often required to provide architecture design support, service desk implementation and rigorous reporting of management information related to the service. Lockheed Martin UK ... read more

Friday, May 17, 2013

  • Posted at 1:00 PM
    At a hearing on May 16, 2013, Alameda County Superior Court Judge Robert Freedman set a September 9, 2013 trial date in Andrews, et. al. v. Lawrence Livermore National Security, LLC., Case No. RG09453596. This is the second phase trial in this case. Earlier, on May 10, 2013, an Alameda County jury awarded $2.7 million to the first five plaintiffs in the case for breach of contract and breach of the implied covenant of good faith and fair ... read more
  • Posted at 12:11 PM
    COSTA MESA, CA -- (Marketwired) -- 05/17/13 -- ISC8 Inc. (OTCBB: ISCI) ("ISC8" or the "Company"), a provider of intelligent cybersecurity solutions, today announced its win in the Innovation in Security and Assurance category at the 2013 Pipeline Innovation Awards, which provides the highest level of objective endorsement for innovations and thought leadership in the communications and entertainment technology (COMET) industry. The recognition comes just three months after ISC8 announced its move to a pure play, global cybersecurity company, ... read more
  • Posted at 12:01 PM
    NASA Television will provide extensive coverage of the launch and docking of the next crew members who will fly to the International Space Station on Tuesday, May 28. (Logo: http://photos.prnewswire.com/prnh/20081007/38461LOGO) Expedition 36/37 Flight Engineer Karen Nyberg of NASA, Soyuz Commander Fyodor Yurchikhin of the Russian Federal Space Agency (Roscosmos) and Flight Engineer Luca Parmitano of the European Space Agency are scheduled to launch at 4:31 p.m. EDT (2:31 a.m. Kazakh time May 29), from the Baikonur Cosmodrome in Kazakhstan. They will ... read more
  • Posted at 11:44 AM
    During the semi-annual board meeting for the Forging Industry Association – Department of Defense Manufacturing Consortium (FDMC) held on May 4th, the Executive Advisory Board announced changes in board membership and leadership. Mr. Len Liuzzi of L&L Associates and Mr. Robert Keeler of the Timken Company ... read more
  • Posted at 11:28 AM
    NASA released a synopsis Friday announcing plans to issue an announcement for proposals for the commercial use of Launch Pad 39A at the agency's Kennedy Space Center in Florida. The announcement is expected next week. (Logo: http://photos.prnewswire.com/prnh/20081007/38461LOGO) Use of the launch pad by industry is designed to encourage commercial space activities along Florida's Space Coast and fully use the historic launch complex. Launch Pad 39A originally was designed to support NASA's Apollo Program and later was modified to launch space shuttles. Today, ... read more
  • Posted at 10:00 AM
    United Technologies Corp. (NYSE: UTX) today announced it has completed the divestiture of its Pratt & Whitney Power Systems unit to Mitsubishi Heavy Industries (MHI). Terms of the agreement were not disclosed. Divesting Power Systems allows UTC to focus on its core aerospace and commercial businesses. Pratt & Whitney has entered into a long-term agreement with MHI under which Pratt & Whitney will provide certain engineering and manufacturing services to MHI in connection with the development of the FT4000, ... read more
  • Posted at 8:24 AM
    Micronet Enertec Technologies, Inc. (MICT) announced today that it will release its financial results for the first quarter ended March 31, 2013, on May 30, 2013 prior to the opening of the market. Management will host a conference call to discuss the results at 10:00am EDT that day. The company will file its financials on May 30 2013 (a week prior to the June 7(th) deadline) since it was recently listed on the NASDAQ and as such was awarded a ... read more
  • Posted at 8:00 AM
    The Manufacturing Leadership Council recognized Lockheed Martin [NYSE: LMT] with four awards during the 2013 Manufacturing Leadership Summit in Palm Beach, Fla. on May 15. Now in its ninth year, the Manufacturing Leadership 100 (ML100) Awards honor companies and individuals that are shaping the future of global manufacturing. Lockheed Martin's Aeronautics business area received recognition for its Replenishment Center Redesign Project (in the Manufacturing Operational Excellence Category) and its Digital Thread Initiative (in the Innovative Enterprise Category), as well as a President's ... read more
  • AIA Reminds Young Americans: We Are the Explorers --- ARLINGTON, Va., May 17, 2013
    Posted at 7:50 AM
    The Aerospace Industries Association, in partnership with Challenger Center for Space Science Education, sponsored a first-of-its-kind crowd funding campaign to place a trailer before Star Trek Into Darkness beginning May 17 to educate the public - most especially young people - on the exciting human spaceflight programs now underway. The trailer will play in more than 50 cities nationwide. "With the end of the Space Shuttle program, there seemed to be a widespread misperception in the media that the U.S. ... read more
  • Posted at 6:32 AM
    TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that its Space & Component Technology Division will be exhibiting at Space Tech Expo 2013 on May 21 - 23, 2013 in Hall A of the Long Beach Convention & Entertainment Center in Long Beach, CA. News Facts -- TCS' Space & Component Technology representatives will be on hand at Booth ... read more
  • Posted at 6:11 AM
    American Red Cross partners University of Phoenix(®) and MGM Resorts International have become founding members of the Red Cross Service to the Armed Forces (SAF) Giving Program, which helps support members of the U.S. military, veterans and their families. (Logo - http://photos.prnewswire.com/prnh/20090108/RedCrossLOGO) The program marks its first anniversary this month, closely coinciding with Armed Forces Day on May 18, when America honors and recognizes the critical contributions of our nation's service members. Members of the SAF Giving Program are corporations ... read more

Thursday, May 16, 2013

  • Posted at 2:32 PM
    L-3 Communications Holdings, Inc. (the “Company”) (NYSE: LLL) announced today that it has adjusted the conversion rate for its 3% Convertible Contingent Debt Securities (CODES) due 2035 (CUSIP Numbers: 502413AW7 and 502424AE4; ISIN Numbers: US502413AW73 and US502424AE49) (the “Securities”) in connection with the regular quarterly dividend ... read more
  • Posted at 2:11 PM
    Universal Protection Service, a division of Universal Services of America and one of the largest providers of security services in the U.S., is excited to announce that they have acquired Sky Security Services and expanded their nationwide presence to include both Hawaii and Nevada. Since 1992, Sky Security Services has been providing security services to condominiums, gated communities, apartments, hotels and resorts nationwide. (Logo: http://photos.prnewswire.com/prnh/20081103/LAMFNS01LOGO) "Sky Security Services has an excellent reputation for providing security services to residential communities across many key ... read more
  • Posted at 2:00 PM
    Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $4 billion for the repurchase of the company's common stock. With today's authorization, the company's outstanding share repurchase authorizations total approximately $5 billion. Northrop Grumman currently plans to repurchase shares with the goal of retiring approximately 25 percent of its shares outstanding by the end of 2015, market conditions permitting. Share purchases will take place from time to time, subject to market conditions and ... read more
  • Posted at 12:40 PM
    The Pennsylvania National Guard's 28th Infantry Division will host a memorial service at 12:30 p.m. on Sunday, May 19, at the Pennsylvania Military Museum in Boalsburg, Centre County. This annual event commemorates the sacrifice of those who served in the division. Activities will include a military band concert and vehicle displays.The 28th Division is currently comprised of nearly 15,000 members, from more than 100 units based in nearly 80 communities across the state. To learn more about the 28th Infantry Division, visit ... read more
  • Posted at 12:33 PM
    A new study of glaciers worldwide using observations from two NASA satellites has helped resolve differences in estimates of how fast glaciers are disappearing and contributing to sea level rise. (Logo: http://photos.prnewswire.com/prnh/20081007/38461LOGO) The new research found glaciers outside of the Greenland and Antarctic ice sheets, repositories of 1 percent of all land ice, lost an average of 571 trillion pounds (259 trillion kilograms) of mass every year during the six-year study period, making the oceans rise 0.03 inches (0.7 mm) per ... read more
  • Sotera Announces CEO Transition --- HERNDON, Va., May 16, 2013
    Posted at 12:00 PM
    Sotera Defense Solutions, a provider of mission-critical, technology-based systems, solutions and services for national security agencies and programs of the U.S. government, announced today that John Hillen will leave his position as Chief Executive Officer to serve in a new role as Vice Chairman of Sotera's Advisory Board. Dr. Hillen will continue to be involved in the strategic management of Sotera in this capacity and will represent Sotera's interests within key industry organizations, including his current term as the ... read more
  • Posted at 11:01 AM
    U.S. Army and Lockheed Martin (NYSE: LMT) officials commissioned the first U.S. Department of Defense (DoD) grid-tied microgrid integrating both renewable resources and energy storage during a ribbon cutting ceremony today at Fort Bliss, Texas. The project was funded by the DoD's Environmental Security Technology Certification Program. (Photo: http://photos.prnewswire.com/prnh/20130516/NE15796-INFO) The Fort Bliss grid-tied microgrid is designed to reduce overall greenhouse gas emissions and energy costs while providing the capability to operate independent of the electric utility grid when needed to provide energy ... read more