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Company Tech News as it Breaks

Defense Industry News

Tuesday, December 21, 2010

  • Posted at 1:35 PM
    Major wins in space, air and ground have soundly positioned TASC, Inc. for growth in 2011 and beyond. During its first year as an independent company, TASC leveraged its high-end capabilities to secure significant new business in areas previously not open to TASC within the Department of Defense and civilian agencies of the federal government. In its traditional Intelligence Community and DOD market space, TASC successfully pursued and won new business, task orders and recompetes of existing contracts. (Logo: http://photos.prnewswire.com/prnh/20100524/PH08918LOGO ... read more
  • Posted at 1:30 PM
    General Dynamics European Land Systems entered a USD $165 million contract with the German Federal Office of Defense Technology and Procurement (Bundesamt fur Wehrtechnik und Beschaffung, "BWB") on December 20 for the delivery of 195 highly protected EAGLE vehicles. The new order is in addition to orders awarded between 2008 and 2010, and increases the German EAGLE fleet to a total of 473 vehicles. General Dynamics European Land Systems, based in Vienna, Austria, is a business unit of ... read more
  • Reportlinker Adds Aerospace Composites --- NEW YORK, Dec. 21, 2010
    Posted at 12:52 PM
    Reportlinker.com announces that a new market research report is available in its catalogue: Aerospace Composites http://www.reportlinker.com/p0351947/Aerospace-Composites.html This research service provides a detailed insight into the latest technology trends in the commercial aerospace composite industry. The service starts off with the types of composites identified in the sphere followed by the various techniques employed in their manufacture. A detailed explanation of the industry drivers and challenges substantiated with the regulations and research initiatives has been provided. A strategic evaluation of the major composite technologies ... read more
  • Posted at 12:30 PM
    ViaSat Inc. (Nasdaq: VSAT) has received delivery orders from PM Force XXI Battle Command Brigade and Below totaling $13.8 million under its Blue Force Tracking 2 (BFT-2) IDIQ contract. These contracts include the installation and test of production satellite ground station and satellite network control center equipment as well as L-band bandwidth leasing, network ground equipment, and thousands of additional production vehicular transceivers. These next generation BFT-2 systems are designed to enable much faster situational awareness updates and higher transmission ... read more
  • Posted at 12:27 PM
    As airports begin welcoming passengers during one of the busiest air travel periods of the year, a new survey reveals three in four air travelers believe "there has to be a better way" to conduct air travel security screening. Eight in 10 support a trusted traveler program that would provide alternative screening measures for American citizens who submit to a background check and meet other risk criteria. Respondents would take an average of two to three more trips per ... read more
  • Posted at 12:05 PM
    President George H. W. Bush today released a video inviting all veterans of Operations Desert Shield and Desert Storm to a special Gulf War retrospective that the George Bush School of Government and Public Service is hosting next month, on January 20, 2011, on the campus of Texas A&M University. The highlight of this special milestone event will be a rare roundtable discussion between the key members of the Bush 41 foreign policy team about the historic events that ... read more
  • Posted at 11:47 AM
    Reportlinker.com announces that a new market research report is available in its catalogue: Nanocoatings in Aerospace Applications http://www.reportlinker.com/p0350287/Nanocoatings-in-Aerospace-Applications.html This research service provides a detailed insight into the strategic developments in the aerospace nanocoatings domain. The service starts off with an overview of the global developments followed by a detailed description of the industry drivers and challenges substantiated with the regulatory factors and the value chain governed in this realm. A strategic evaluation of the industrial requirements along with a comprehensive evaluation of the ... read more
  • Posted at 11:31 AM
    Reportlinker.com announces that a new market research report is available in its catalogue: North American EMS Aerospace and Defense Market http://www.reportlinker.com/p0311189/North-American-EMS-Aerospace-and-Defense-Market.html This research services is an assessment of the fiscal year 2009 spending for the United States Department of Defense (DoD) on products and services related to enterprise IT. The research service identifies the major market dynamics that are currently influencing growth (drivers and restraints), as well as trends and threats that are impacting the industry. The research service provides a competitive overview ... read more
  • Posted at 11:22 AM
    Boeing (NYSE: BA) announced today the completion of the acquisition of the business and operations conducted by Summit Aeronautics Group in Helena, Montana. Terms of the transaction, announced on Nov. 22, were not disclosed. The newly acquired business will be named Boeing Helena. It will become part of Boeing Fabrication, a division of Boeing Commercial Airplanes. Boeing Helena will manufacture titanium and other hard-metal structures for Boeing commercial aircraft including the 747-8, 767 and 787. Forward-Looking Information Is Subject to Risk ... read more
  • Posted at 11:15 AM
    NASA has selected the United Negro College Fund Special Programs Corp. of Falls Church, Va., to administer a $1 million career development and educational program designed to address the critical shortage of U.S. minority students in science and engineering fields. (Logo: http://photos.prnewswire.com/prnh/20081007/38461LOGO) The NASA Astrobiology Institute's (NAI) Minority Institution Research Support (MIRS) program in Moffett Field, Calif., is providing the funding for the four-year effort. The program will provide opportunities for up to four faculty members and eight students from ... read more
  • Posted at 11:03 AM
    BAE Systems will deliver an upgraded minehunting sonar system to the U.S. Navy for the detection and classification of bottom and moored sea mines. BAE Systems will provide four systems under a $14 million contract. The AN/SQQ-32(V)4 minehunting sonar ... read more
  • Posted at 9:15 AM
    CLARKSTON, GA -- (Marketwire) -- 12/21/10 -- Interactive Defense, LLC, announced that its online public-safety network is being launched by police in a second metro-Atlanta city, building momentum as police departments and citizens begin sharing crucial crime information in multiple communities. The Clarkston Police Department will begin using the Interactive Defense System™ to give residents immediate notification of missing children and criminal suspects who pose a threat as well as important safety tips information to help residents prevent crime. Interactive ... read more
  • Posted at 8:00 AM
    Sigma Labs, Inc. (OTC Bulletin Board: SGLB) announced today it was awarded a new munitions development contract from the US Department of Defense that seeks new, lighter weight, munitions solutions capable of more energy on target and reduced collateral damage. Mr. Richard Mah, CEO of Sigma Labs, Inc., stated that: "Current munitions are 30 percent high explosive and 70 percent steel, or extra weight being carried around that releases no energy. This steel often ends up as shrapnel and ... read more
  • Posted at 8:00 AM
    Raytheon BBN Technologies, a wholly owned subsidiary of Raytheon Company (NYSE: RTN), has been awarded $2.1 million in funding by DARPA (the Defense Advanced Research Projects Agency) for two projects under the Information in a Photon, or InPho, program. The goal of the two projects is to develop new theory and experimental techniques that enable optical communications and imaging systems to operate at their ultimate limits of information encoding efficiency as permitted by the laws of quantum physics. The first ... read more
  • Posted at 8:00 AM
    ROCHESTER, N.Y., Dec. 21, 2010 /PRNewswire/ -- Highlights: -- Adapters extend power of Falcon III radios to variety of vehicles and dismounted personnel -- Harris wideband radios provide unprecedented situational awareness -- Falcon III radios becoming standard for advanced tactical communications Harris Corporation (NYSE: HRS), an international communications and information technology company, has received a $5.5 million order from the U.S. Marine Corps ... read more
  • Posted at 8:00 AM
    ANNAPOLIS, MD -- (Marketwire) -- 12/21/10 -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that it has been awarded incremental funding of $2 million to provide the U.S. Army Central Command (USARCENT) with space segment for its Afghanistan operations. This award is an exercised option on an existing delivery order of $5.9 million issued by the Defense Information Technology Contracting Organization (DITCO). This is the second ... read more
  • Ball Announces Completion of Credit Facility --- BROOMFIELD, Colo., Dec. 21, 2010
    Posted at 7:30 AM
    Ball Corporation (NYSE: BLL) today announced it has completed the closing of its new senior secured credit facility. The new $1.4 billion senior secured credit facility extends bank maturities through 2015 and provides greater flexibility for share repurchases and other corporate actions. "The new credit facility provides Ball with additional borrowing capacity and more flexibility," said Scott C. Morrison, senior vice president and chief financial officer. "Our solid balance sheet and recent financings provide us with a very competitive, long-term capital ... read more
  • Posted at 7:20 AM
    What are teens and college students most thankful for this holiday season? That's a question StageofLife.com, a blogging and writing resource for teens and students, poised in its latest monthly writing contest. (Photo: http://photos.prnewswire.com/prnh/20100929/DC73342LOGO) Over 3,550 students visited StageofLife.com during the month to review the writing contest. From the essay and blog submissions, twelve major themes emerged about where teens and college students give the most thanks: 1) Family, 2) Friends, 3) Physical Abilities, 4) Health, 5) ... read more
  • Posted at 7:00 AM
    TDY Lodging announced two new corporate housing providers to join their Defense Lodging System. Marriott ExecuStay and Case & Associates Properties are the newest corporate housing providers to offer accommodations through TDY Lodging's Department of Defense (DoD) Lodging reservation platform. TDY Lodging connects travelers directly with hotels and housing providers, which creates a significant cost savings to the federal government by eliminating third party booking fees and overhead at a time when federal travel budgets are being slashed and costly government ... read more

Monday, December 20, 2010

  • Posted at 5:01 PM
    LaserCard Corporation (NASDAQ:LCRD), a leading provider of secure ID solutions, today announced that the company has entered into a definitive agreement to be acquired by ASSA ABLOY AB, at a price of $6.25 per share through a cash tender offer. The total transaction value is approximately ... read more