Industry News

Summit Consulting has received a contract of an undisclosed value to provide financial management services to a federal credit program run by the Treasury Department’s Community Development Financial Institutions Fund. The analytics advisory firm said Thursday it will collaborate with CoMetrics and Bryant Miller Olive to conduct portfolio monitoring and credit risk management activities for the CDFI Fund’s Bond Guarantee Program. Summit […] More

The U.S. Navy has begun a market survey in search of potential vendors that can help the service branch to research and develop new technology that will work to advance defense systems-related scientific and technical data. A sources source notice posted Wednesday on FedBizOpps stated the Naval Surface Warfare Center-Panama City division looks to conduct weapons systems R&D as part of the Navy’s Rapid […] More

A U.S. Air Force official has said the service branch has postponed the release of a request for proposals for the Joint Surveillance Target Attack Radar System recapitalization program as the service works to resolve a provision in the defense authorization bill with Congress, Defense News reported Wednesday. Air Force acquisition chief Darlene Costello told the […] More

A study conducted by Dimensional Research on behalf of Tripwire says 88 percent out of 200 state and local government information technology professionals interviewed believe a cyber attack on city infrastructure systems poses a threat to public safety. Tripwire said Thursday 78 percent of respondents believe there will likely be a cyber attack against smart city services in […] More

CAE‘s U.S. business unit plans to open a new flight training facility in Dothan, Alabama, by spring 2017 as part of the aerospace and defense contractor’s $75 million capital investment in the state. CAE USA expects to provide integrated classroom instruction, simulator training and live-training services to more than 450 U.S. Army fixed-wing aviators and U.S. Air Force C-12 twin turboprop […] More

Cobham has received a multimillion dollar order to manufacture radio frequency microelectronics for the Lockheed Martin-built F-35 fighter aircraft. Cobham said Monday its microelectronic solutions division will produce the RF components at a company facility in San Diego, California. Jill Kale, president of Cobham’s advanced electronic solutions business, said the company’s microelectronic components and assemblies are designed to increase the sensitivity of aircraft electronic warfare and radar systems. […] More

Airbus Group‘s defense and space business unit will invest approximately $48.2 million to build an integrated technology center in support of efforts to “future-proof” its Friedrichshafen site in Germany. Airbus said Thursday the center works to expand Hall 6 that currently serves as a satellite integration facility. “The investment in the new ITC building makes the site a global ‘center […] More

A subsidiary of BAE Systems has received a contract from Denmark’s defense acquisition and logistics organization to modernize Denmark’s fleets of 44 CV90 infantry fighting vehicles and BV206 all-terrain vehicles. BAE Systems Hagglunds will also provide prototyping, systems integration, safety, maintenance, repair and overhaul services under the contract, the company said Thursday. The subsidiary will collaborate with Denmark-based industrial partners on the project. CV90 is designed for high […] More

Centrus Energy has received a one-year, $25 million contract from a Battelle-University of Tennessee partnership to support the advancement of U.S. gas centrifuge uranium enrichment technology. Centrus said Thursday it will engineer and test the American Centrifuge technology under the follow-on contract with UT-Battelle in efforts to help address the country’s future national and energy security requirements. UT-Battelle runs the Oak Ridge National Laboratory in […] More

The U.S. Air Force will collaborate with its counterpart in Canada on a proposal for the upcoming Space Based Space Surveillance follow-on mission that will work to monitor the geosynchronous-orbit belt, Space News reported Wednesday. The proposal will be designed to help the program stay within the Defense Department‘s $400 million price threshold by allowing Canada to contribute additional satellites or sensors, […] More

Lockheed Martin‘s Sikorsky subsidiary will open a new forward stocking location for the S-92 helicopter at the Aberdeen International Airport in Scotland as part of efforts to position inventory closer to commercial helicopter operators. Lockheed said Tuesday Sikorsky will begin operations on the new FSL by the close of the third quarter and also expand an existing S-92 FSL […] More

A Saab Group subsidiary will provide three shipboard air traffic radar systems to the U.S. Navy over a four-year period under an initial engineering and manufacturing development contract. The Navy will deploy AN/SPN-50 (V)1 radars from Saab Defense and Security USA on the military branch’s aircraft carriers and amphibious assault ships to replace the current AN/SPN-43C model, the company said Wednesday. The SPN-50 system is […] More