PRINCETON, N.J., July 14, 2022 - SciTec Inc., was awarded a $26.6M contract from the U.S. Army to continue system development and technical support for missile simulators for the joint Service agency Center for Countermeasures. Under this 5-year effort SciTec will maintain and improve the Joint Mobile Infrared Countermeasure Test System (JMITS) and Multi-Spectral Sea and Land … [Read more...] about SciTec Awarded U.S. Army Contract for Missile Simulator Support
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President Joe Biden to extend an agreement that provides billions of dollars for the Israeli military
President Joe Biden will commit to extending an agreement that provides billions of dollars for the Israeli military https://t.co/uXgdWPjwTs— Bloomberg Economics (@economics) July 14, 2022 … [Read more...] about President Joe Biden to extend an agreement that provides billions of dollars for the Israeli military
Saab Receives Orders for Live Training Systems for Sweden
Saab has signed a framework agreement with the Swedish Defence Materiel Administration (FMV) for military training and simulation systems and has received the first orders within the new agreement. The total order value is approximately SEK 340 million and deliveries will take place 2023-2025. The orders, which were booked in the third quarter of 2022, include training and … [Read more...] about Saab Receives Orders for Live Training Systems for Sweden
2022 Farnborough International Airshow, 18-22 July 2022, Farnborough, UK
NI Showcasing Lineup of Software-Connected Aerospace & Defense Products at Farnborough Air Show NI offerings can be seen in Hall 1, Booth 1028 FARNBOROUGH, England, July 13, 2022 - NI (NASDAQ: NATI), a leading provider of Aerospace and Defense test and validation, is showcasing its next generation of products and solutions designed to help businesses reach new levels of … [Read more...] about 2022 Farnborough International Airshow, 18-22 July 2022, Farnborough, UK
Booz Allen Launches $100M Venture Capital Fund
Booz Allen Ventures to accelerate deployment of commercial tech for federal clients MCLEAN, Va., July 13, 2022 - Booz Allen Hamilton (NYSE: BAH) announced today the formation of Booz Allen Ventures, LLC, a $100 million corporate venture capital arm that furthers the firm’s commitment to invest in strategic dual-use, commercial technologies that will provide federal clients … [Read more...] about Booz Allen Launches $100M Venture Capital Fund
CACI Awarded IAC MAC Task Order for U.S. Navy Digital Engineering and Transformation
RESTON, Va., July 13, 2022 - CACI International Inc (NYSE: CACI) announced today that it was awarded a $557.8 million single-award task order under the Department of Defense Information Analysis Center Multiple Award Contract (IAC MAC) vehicle to provide mission expertise for the transition of modern digital tools into the U.S. Navy acquisition enterprise for the Navy’s Digital … [Read more...] about CACI Awarded IAC MAC Task Order for U.S. Navy Digital Engineering and Transformation
Elbit Systems Awarded $660 Million Contract to Supply Intelligence Capabilities for a Country in Europe
HAIFA, Israel, July 13, 2022 - Elbit Systems Ltd. (NASDAQ:ESLT) and (TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at $660 million to provide intelligence systems for a country in Europe. The contract will be executed over a period of four years and includes an additional ten-year maintenance period. Bezhalel (Butzi) Machlis, Elbit … [Read more...] about Elbit Systems Awarded $660 Million Contract to Supply Intelligence Capabilities for a Country in Europe
BAE Systems wins $699 million contract from U.S. Army to support High Performance Computing Centers
MCLEAN, Va. and HUNTSVILLE, Ala., July 13, 2022 - The U.S. Army has awarded BAE Systems a $699 million, five-year contract for Defense Supercomputing Resource Center (DSRC) operations, maintenance, and management services, including program-wide services for high performance computer (HPC) users. The company will support the Computing Modernization Program (HPCMP). The … [Read more...] about BAE Systems wins $699 million contract from U.S. Army to support High Performance Computing Centers
Autonomous Flight Company Merlin Labs Raises $105m Series B, Announces Partnership with USAF
BOSTON, July 13, 2022 - Merlin Labs, the leading developer of autonomous flight technology for fixed-wing aircraft, announced today that it has raised a $105 million Series B round from Snowpoint and Baillie Gifford, with major participation by existing investor GV. The round follows Merlin's 2021 $25 million Series A round led by GV and First Round Capital, bringing its total … [Read more...] about Autonomous Flight Company Merlin Labs Raises $105m Series B, Announces Partnership with USAF
General Dynamics Land Systems Awarded up to $280 Million for Trophy Active Protection System Kits for Abrams Tanks
U.S. Army contract will increase tanks' survivability on the battlefield STERLING HEIGHTS, Mich., July 13, 2022 - General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD) announced today that it has been awarded a competitive award worth up to $280,112,700 to procure Trophy Ready Kits as an Active Protection System (APS) for Abrams main battle … [Read more...] about General Dynamics Land Systems Awarded up to $280 Million for Trophy Active Protection System Kits for Abrams Tanks