TLI concept(click to view full) Defense contracts can be important without being glamorous, and it takes a lot of "boring" ancillary equipment to keep the flashy big-ticket items working. The best militaries invest in the "boring" stuff, alongside their weapons. The...
* BAE Systems and Dassault Aviation name the program that will deliver their joint response for a next generation Medium Altitude Long Endurance (MALE) Unmanned Aircraft System (UAS) as Telemos. Dassault's international director is confident that if a contract is...
* Bloomberg analysts report that US SOCOM spending has quadrupled from 2001-2010, led by L-3, Harris, Raytheon and Boeing. On the other hand, small businesses have seen seen a sixfold increase in SOCOM contracts during that time. * A new report by AlixPartners...
* Following last month's confirmation that Thales and Safran were discussing proposals aimed at optimizing their business portfolios, the Financial Times reports that an agreement on asset swaps may finally be at hand. * Boeing announces that it will lead an industry...
* Under Secretary of the US Navy Bob Work tells the 2011 Navy Opportunity Forum that reduced defense spending should not deter small businesses and innovators from developing new ideas. Work also emphasized that reduced budgets will mean the Navy will rely on the...
Titanium May 25/11: Small disadvantaged business qualifier Universal Technical Resource Services in Cherry Hill, NJ wins a $9.6 million cost-plus-fixed-fee contract to support the Pentagon's Titanium Extraction, Mining and Process Engineering Research Program. The...
MCTAGS on Various Vehicles(click to view larger) US Marines deployed in Iraq and Afghanistan face numerous hazards in close-combat urban environments. Certainly, small arms fire and fragments from IED explosions are high on the list. To lessen those risks, the USMC...
* The latest companiesandmarkets.com report predicts that the global aerospace and defense sector will achieve revenues of $399 billion by 2015. While the United States will retain its position as the largest aerospace and defense market, the Asia-Pacific region will...
* Elbit Systems wins contract to supply an unnamed Latin American country with its Hermes 900 Unmanned Aircraft Systems (UAS). The contract also includes complementing ground control stations, payload systems and radars. Previous reports peg Chile as the customer for...