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Company Tech News as it Breaks

Defense Industry News

Wednesday, October 27, 2010

  • Posted at 1:05 PM
    Newport Corporation (Nasdaq: NEWP) today reported financial results for its third quarter and nine months ended October 2, 2010. The company noted the following highlights regarding its third quarter results: -- Recorded $125.2 million in net sales, a 41.7% increase over the third quarter of 2009; -- Received $129.5 million in new orders, a 39.9% increase over the third ... read more
  • Posted at 1:05 PM
    Smith & Wesson Holding Corporation (Nasdaq: SWHC), a leader in the business of safety, security, protection, and sport, today announced that the Company's Executive Vice President and Chief Financial Officer, William F. Spengler, has resigned effective November 12, 2010 to accept a position as president of a publicly traded company in the phytochemical and natural products industry. The Company has initiated a search for a new CFO. John Dineen, who joined Smith & Wesson in 1997 and who ... read more
  • Posted at 12:45 PM
    According to a report issued today, evidence from evaluation exercises conducted during Empire Challenge 10 (EC 10), affirms Tracewell Systems' new Rugged Blade System's ability to perform in harsh environments; offering a solution to the U.S. Department of Defense's need for highly ruggedized and configurable data centers to manage the military's demand for high-performance computing. The evaluation exercises were led by the Space and Naval Warfare (SPAWAR) Systems Center Atlantic (SSC-LANT). Held at Fort Huachuca, Ariz., EC 10 is a multinational ... read more
  • Posted at 12:39 PM
    Spectrum Control, Inc. (Nasdaq: SPEC), a leading designer and manufacturer of custom electronic products and systems, announced today that it has signed a definitive agreement to acquire all of the outstanding common stock of Summit Instruments, Inc. ("Summit"). Based in Akron, Ohio, Summit designs and manufactures custom accelerometers, gyros, inertial measurement systems, and related products and assemblies. The transaction is expected to close by the end of October. The total purchase price of the acquisition is approximately ... read more
  • Posted at 12:38 PM
    Lockheed Martin (NYSE: LMT) recently began laboratory testing of an improved next-generation design of its HULC(TM) advanced robotic exoskeleton. The testing brings HULC a step closer to readiness to support troops on the ground and others who must carry heavy loads. HULC is an untethered, battery powered, hydraulic-actuated anthropomorphic exoskeleton capable of performing deep squats, crawls and upper-body lifting with minimal human exertion. It is designed to transfer the weight from heavy loads to the ground through the robotic ... read more
  • Posted at 12:33 PM
    The Association of the United States Army (AUSA) today presented L-3 Chairman, President and Chief Executive Officer Michael T. Strianese with the John W. Dixon Award at the AUSA 2010 Annual Meeting in Washington, D.C. Mr. Strianese received the ... read more
  • Posted at 12:29 PM
    Business Wire will be posting client issued exhibitor news and Online Press Kits on a dedicated Online Press Center for this event. Media may contact the Business Wire Event Services Group at tradeshow@businesswire.com with any questions pertaining to these news releases. ... read more
  • Posted at 11:30 AM
    Boeing (NYSE: BA) and Dubai-based flydubai today celebrated delivery of the first Next-Generation 737 with the new, passenger-inspired Boeing Sky Interior. "The superior passenger experience of this exciting new interior is the result of many years' work by Boeing employees and suppliers," said Beverly Wyse, 737 vice president and general manager. "Our airline customers will draw value from the many practical improvements we have made in the new design." Since the Next-Generation 737 was introduced in 1997, customers have taken ... read more
  • Posted at 11:08 AM
    Samplify Systems, Inc., a leading provider of innovative beamforming technology, analog-front-end semiconductors and solutions for the medical imaging market, today introduces its new SMK9130 Ultrasound Beamforming Development Kit. Based on Samplify's AutoFocus(TM) beamforming technology, the SMK9130 is a complete hardware solution for the ultrasound front end, from probe connector to PCIe connector. The development kit allows medical equipment OEMs to focus more closely on their core image processing algorithms to speed development of new machines by up to ... read more
  • Posted at 10:56 AM
    Analytical Graphics, Inc. (AGI) will exhibit at MILCOM 2010 next week to display its strength at modeling RF communications in the context of the overall mission and demonstrate how that improves analysis of communication networks, electronic warfare and cyber operations. (Logo: http://photos.prnewswire.com/prnh/20040629/DCTU043 ) (Logo: http://www.newscom.com/cgi-bin/prnh/20040629/DCTU043 ) AGI provides software applications and development kits to model and simulate time-varying performance of RF communications links within mission architectures involving ground vehicles, aircraft, missiles, ships and satellites. By explicitly modeling essential attributes ... read more
  • Posted at 10:46 AM
    A BAE Systems-led team helped the Federal Emergency Management Agency earn the distinction of having one of the ten best federal information technology programs. FEMA won recognition for technology that helps disaster victims file claims easier and faster from a computer or smart phone. ... read more
  • Posted at 10:30 AM
    A milestone has been achieved, the first flight of Lockheed Martin's (NYSE: LMT) Tactical Reconnaissance and Counter-Concealment-Enabled Radar (TRACER) aboard an MQ-9 Unmanned Aerial System. The milestone also marks the first time a penetrating radar has flown on a fixed wing unmanned aerial system. TRACER, a dual-band synthetic-aperture radar (SAR), detects vehicles, buildings and other man-made objects that are buried, camouflaged or concealed under foliage in real-time. TRACER will continue flight testing and system validation in multiple ... read more
  • Posted at 10:13 AM
    Analytical Graphics, Inc. (AGI), producer of software applications and development kits for integrated analysis of space, defense and intelligence systems, will display a User Defined Operating Picture (UDOP) prototype built on its commercial technology at USSTRATCOM Space Symposium in Omaha next week. (Logo: http://photos.prnewswire.com/prnh/20040629/DCTU043 ) (Logo: http://www.newscom.com/cgi-bin/prnh/20040629/DCTU043 ) AGI's Web-enabled UDOP loads the entire satellite database, computes visibility in real time between Space Surveillance Network facilities and orbiting satellites, creates conjunction analysis reports, depicts upcoming satellite conjunctions and performs other space situational ... read more
  • Posted at 10:10 AM
    A new research report released today documents how interagency cooperation along the U.S.-Mexico border has improved both border security and the protection of wilderness areas and wildlife refuges adjacent to the border. "Interagency Cooperation on U.S.-Mexico Border Wilderness Issues," authored by Dr. Kirk Emerson, environmental mediator and research associate at the University of Arizona's School of Government and Public Policy and the Udall Center for Studies in Public Policy, overviews numerous successful cooperative inter-agency activities occurring along the southwestern U.S. ... read more
  • Posted at 9:52 AM
    Analytical Graphics, Inc. (AGI) will unveil new software capabilities that bring clarity and enhanced analysis to geospatial intelligence at the GEOINT 2010 Symposium in New Orleans next week. AGI produces software applications and development kits for integrated analysis of space, defense and intelligence systems. (Logo: http://photos.prnewswire.com/prnh/20040629/DCTU043 ) (Logo: http://www.newscom.com/cgi-bin/prnh/20040629/DCTU043 ) AGI will present an augmented reality (AR) implementation that is based on its Insight3D software and integrates tactical decision aids with full-motion video. Booth demonstrations will show how computer-generated ISR graphics such as ... read more
  • Launch: Health Forum Media Briefing Set for Oct. 30 --- CAPE CANAVERAL, Fla., Oct. 27
    Posted at 9:50 AM
    NASA and partners from the LAUNCH: Health forum will discuss innovative ideas during a media briefing on Saturday, Oct. 30, at 2 p.m. EDT. The local-only briefing will air live on NASA Television from the agency's Kennedy Space Center in Florida. (Logo: http://photos.prnewswire.com/prnh/20081007/38461LOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20081007/38461LOGO) LAUNCH: Health is part of an ongoing initiative to identify, showcase and support innovative approaches to sustainability challenges through a series of forums. It is the second forum in the series and will take place at Kennedy ... read more
  • U.S. Laser Fails to Switch On --- WASHINGTON, Oct. 27
    Posted at 9:41 AM
    Riki Ellison, Founder and Chairman of the Missile Defense Advocacy Alliance (MDAA), www.missiledefenseadvocacy.org, has commented on the results of the recent airborne laser test bed missile test out at Point Mugu, California last week where the laser failed to switch on. Ellison is one of the foremost lay experts in the field of missile defense in the world. His comments include the following: "Last week, in the skies off Point Mugu, California, a 747 equipped with solid state lasers successfully ... read more
  • Posted at 9:00 AM
    New York's leading gun violence prevention organization, New Yorkers Against Gun Violence, joined with GunFreeKids.org this morning at a press conference in Queens to release joint endorsements of candidates running for state and federal offices. The advocates were joined by several endorsed lawmakers and highlighted candidates who demonstrated consistent support for strong gun violence prevention measures, while drawing a sharp distinction with those candidates supported by the gun lobby through endorsements and financial contributions. Colin Weaver, Deputy Executive Director of ... read more
  • Posted at 8:42 AM
    Goodrich Corporation (NYSE: GR) will continue to supply its gun hard inertial measurement unit for the Raytheon Excalibur precision-guided artillery round. The U.S. Army recently announced the selection of Raytheon for phase 1b of the Excalibur program. The inertial measurement unit (IMU) provides accurate guidance data for the artillery round throughout flight and is supplied by Plymouth, UK-based Atlantic Inertial Systems (AIS), which became part of Goodrich's Sensors and Integrated Systems business in December 2009. The program potential is in ... read more
  • Posted at 8:00 AM
    Altair Engineering, Inc., a leading global provider of simulation technology and engineering services, announced today that it has integrated HyperWorks' HyperMesh pre-processing software and HyperView post-processing software with SAMTECH's SAMCEF software, one of the most popular finite element analysis (FEA) solver tools, in particular within Europe's Aeronautic, Space and Defense industry. SAMTECH is a leading provider of simulation software for FEA, MBS and Optimization. "Aeronautic, Space and Defense (ASD) companies rely extensively on our SAMCEF software for a range of ... read more