The US Navy has exercised contract options funding Austal’s acquisition of long lead-time equipment associated with the construction of two additional 103 metre Joint High Speed Vessels (JHSV). As the prime contractor, Austal currently has contracts to build the first three JHSVs as part of a 10-vessel program valued at up to AUD $2 billion(USD $1
DRS Technologies, Inc. announced it has received $140 million in orders for Thermal Sights from the U
Israel Aerospace Industries' (IAI) ELTA Systems Ltd. (IAI/ELTA), an IAI group subsidiary, has been awarded several contracts worth $33 million from foreign customers for the development and production of the EL/M-2022A Maritime Surveillance Radar (MSR) for Maritime Patrol Aircraft
The Army's Program Executive Office Soldier is fielding several Green Laser Escalation of Force kits to units in Afghanistan for operational assessment. The GLEF systems are mounted as an accessory to Common Remotely Operated Weapon Stations or CROWS, the turret system that provides Soldiers the ability to employ cameras, sensors and weapons from inside the protection of an armored vehicle
Lockheed Martin will display an aerial refueling device at the forthcoming Farnborough Air Show in July which was developed under contract by Hindustan Aeronautics Limited (HAL), an Indian company. This makes it the first time an Indian company was involved in a high-technology sub-system development of the F-16 fighter aircraft
Lockheed Martin has been awarded two separate task order contracts from the Department of Defense's Joint Improvised Explosive Device Defeat Organization (JIEDDO). The task orders have a combined value of nearly $460 million
Northrop Grumman Corporation has been selected by Raytheon Company to supply the inertial measurement solution for the Joint Precision Approach and Landing Systems (JPALS) Shipboard Reference program. Under this contract, Northrop Grumman's Navigation Systems Division will deliver 18 LN-270 inertial navigation systems (INS) for the engineering and manufacturing development phase of the JPALS Increment 1A Shipboard Reference System (SRS)
The DST-Lockheed Martin India Innovation Growth Programme continues to evolve and provide support to Indian innovators looking for ways to market their technologies and ideas. As a result of the far-reaching benefits of this unique programme, an “Impact Analysis Report” has been commissioned by the Department of Science and Technology
BAE Systems today announced it has entered into a definitive agreement to acquire Atlantic Marine Holding Company (Atlantic Marine) from JFL-AMH Partners, LLC, a portfolio company of the private equity firm J.F
Lockheed Martin announced today the award of a contract by Vietnam Posts and Telecommunications Group (VNPT) of Vietnam to build the VINASAT-2 satellite. In-orbit delivery is slated for the second quarter of 2012