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Lockheed Martin's VISTA X-62A, a training aircraft, was flown by an artificial intelligence (AI) agent for more than 17 hours recently, marking the first time AI engaged on a tactical aircraft. The X-62A VISTA is a one-of-a-kind training airplane developed by Lockheed Martin and Calspan Corporation for the U.S. Air Force Test Pilot School. The recent upgrades by the U.S. Air … [Read more...] about Lockheed Martin’s VISTA X-62A, a training aircraft, was flown by an AI agent for more than 17 hours

Amentum has been awarded a $487 million contract by the US Army to provide remote maintenance and distribution center services, including modernized logistics and sustainment solutions and field engineering, for a wide range of military equipment and systems. Under the program, Amentum will use predictive analytics and technology to provide multi-level sustainment solutions in … [Read more...] about Amentum Awarded $487M Contract for Modernized Logistics Solutions for US Military Equipment

Lumen Technologies has won a $223 million contract from the U.S. Defense Information Systems Agency to provide secure, mission-critical communications services to the U.S. Department of Defense. Lumen will supply the agency with hybrid-cloud voice and audio-conferencing services to support the Department of Defense's mission both domestically and overseas. The company is … [Read more...] about Lumen Technologies has won a $223 million contract from DISA

HAIFA, Israel, Jan. 10, 2023 - Elbit Systems Ltd. (NASDAQ:ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded a contract in an amount of approximately $180 million from the Israeli Ministry of Defense (IMoD) to provide, operate and maintain the new Mission Training Center (MTC) for the Israeli Air Force's (IAF) F-16 fleet. The contract will … [Read more...] about Elbit Systems Awarded a $180 Million Contract From the Israeli MOD to Provide a new Mission Training Center for its F-16 Fleet

BELOIT, Wis., January 09, 2023 - Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, is expanding its naval defense capabilities by offering the nForcer FM 175D engine, the defense contractor's first engine designed for high-speed applications. With more power density than competing high-speed engines in the maritime defense marketplace, the … [Read more...] about Fairbanks Morse Defense Launches First High-Speed Engine

Yes, recessions can impact the defense industry. Like any other industry, the defense industry is subject to economic forces and can be affected by a downturn in the economy. During a recession, governments may have less money to spend on defense, leading to reduced demand for defense products and services. This can have a negative impact on the defense industry and the … [Read more...] about Does recession impact defense industry?

Pentagon splits $9 billion cloud contract among Google, Amazon, Oracle and Microsoft https://t.co/18pOgPKneT pic.twitter.com/KiwcnEnL6P— Reuters (@Reuters) December 8, 2022 … [Read more...] about Pentagon splits $9 billion cloud contract among Google, Amazon, Oracle and Microsoft