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in Industry News, News
Reports: South Korea to Purchase Up to 36 Boeing AH-64E Helicopters
South Korea intends to procureÂ a variant of the Boeing-builtÂ AH-64 Apache attack helicopter for itsÂ military to defend the country against threats from North Korea,Â United Press International reported Monday. Elizabeth Shim writesÂ Boeing unveiled its AH-64EÂ platform during a ceremony held Monday at the company’s facility in Mesa, Arizona, and attended by South Korean government officials. Stars and Stripes […] More
by Mary-Louise Hoffman November 4, 2015, 9:39 am
in Industry News, News
Andy Start: Inmarsat Expands Broadband Satellite Service Coverage for Govt Clients
Andy Start, president for Inmarsat‘sÂ global government business, has saidÂ the company expanded geographic coverage of its Ka-band broadband satellite network to addressÂ public sector clients’ communication demands, Satnews reported Monday. Inmarsat now offers the Global XpressÂ satcom service to government customers throughout the Americas and Atlantic Ocean regions, the publication reports. Start told the MilSatCom conference in London […] More
by Mary-Louise Hoffman November 4, 2015, 8:16 am
in News, Products & Service
Lockheed Develops Reconfigurable Small UAS for Maritime Users; Jay McConville Comments
Lockheed Martin will continue to develop a small unmanned aircraft system that works to adapt to various maritime operationsÂ under a $4.6 million contract. The company has begun toÂ buildÂ a Vector HawkÂ droneÂ with fixed-wing,Â collapsible-wing and tilt-rotor configurations,Â Lockheed Martin said Tuesday. Jay McConville, Lockheed Martin director of business development for unmanned solutions, said Vector Hawk’sÂ canister deployment and launchÂ functions work […] More
by Jay Clemens November 4, 2015, 8:04 am
in Biometrics News, News
MorphoTrust’s DoD ID Verification Contract Renewed; Bob Eckel Comments
MorphoTrustÂ has received a $3.5 million contract renewal to extend its biometrics-based identity verification services for the Defense Department as part of a third-yearÂ option. The company said TuesdayÂ it will continue to provide theÂ MorphoTrust ABISÂ or automatedÂ biometric identification system to DoD in support of the national security mission. “Federal agencies need to be able to reliably verify the […] More
by Anna Forrester November 4, 2015, 7:36 am
in News, Products & Service
SRI Awarded National Cancer Institute Drug Support Contract; Toufan Parman Comments
SRI International will provide preclinical treatment development support for the National Cancer Instituteâ€™s Prevent Cancer Drug Development Program under a potential $9 million contract. NCIâ€™s Prevent initiative aims to advance the development of biomarkers and drug candidates designed to prevent cancer and transition them from preclinical phase to clinical trials, SRI said Monday. Toufan Parman, […] More
by Jane Edwards November 4, 2015, 7:01 am
in Industry News, News
PwC: Global Aerospace, Defense Sector Posted $52B in Q3 2015 M&A Deal Value
A new PwCÂ report says the value of merger and acquisition deals in the global aerospace and defense sector reached $52 billion in the third quarter of this year alone, surpassing the M&A deal value the sector has recorded for any full year. According to PwCâ€™s Mission Control report, significant deals in the sector during the […] More
by Jane Edwards November 4, 2015, 5:54 am
in News, Products & Service
Pratt & Whitney Orders F135 Engine Parts From Multicut A/S; Bennett Croswell Comments
United TechnologiesÂ Corp.Â subsidiaryÂ Pratt & Whitney has selected Multicut A/S to produce components for the F135 engine under a 10-year procurement agreement. F135 serves as the propulsion system for the F-35 Lightning II aircraft, Pratt & Whitney said Monday. Bennett Croswell, president of Pratt & Whitney military engines, said the contract “reaffirms Pratt & Whitney’s commitment to […] More
by Jay Clemens November 4, 2015, 5:43 am
in News, Products & Service
Intel, Honeywell Exhibit IoT-Based Workplace Safety Tool; Doug Davis Comments
Intel and Honeywell have showcased a connected safety tool offering designed to help keep industrial workers and first responders safe as they perform their duty. The Honeywell Connected Worker tool incorporates a mobile hub for sensor data collection and Intelâ€™s Quark SE microcontroller-based devices, Honeywell said Tuesday. “The joint use case from Honeywell and Intel […] More
by Jay Clemens November 4, 2015, 5:42 am
in Industry News, News
Tribalco Acquires Spot on GSA Alliant Vehicle; Michele Friedman Comments
TribalcoÂ has received the General Services Administration‘s approval for the novation ofÂ Professional Software Engineering‘s spot on the $50 billion GSA Alliant governmentwide acquisition contract. Tribalco said Friday it will be able to offer its information technology products and services to military and federal civilian agencies throughÂ GSA Alliant. “This contract is a key element of Tribalco’s growth […] More
by Anna Forrester November 4, 2015, 4:50 am
in News, Products & Service
Lockheed Tests Conventional Takeoff-Landing F-35’s Gun System; Mike Glass Comments
Lockheed Martin has demonstrated the gun system for the conventional-takeoff-and-landing variant of theÂ F-35 jet in three airborne gunfire bursts during a test flight held in California. The company tested how the internal Gun Airborne Unit-22/A 25-millimeterÂ Gatling gun system works during flight as part of preparations for the gun systemâ€™s certification and the U.S. Air Forceâ€™s […] More
by Jay Clemens November 4, 2015, 4:08 am
in Featured, General, News, Products & Service
CACI Awarded Army Software Engineering Center Support Contract; Ken Asbury Comments
CACI InternationalÂ will provide application development support and sustainment services for the U.S. Army Communications-Electronics Commandâ€™s software engineering center under a potential three-year, $25 million contract. The contract covers support for CECOM SECâ€™s financial management platforms, records management systems and other enterprise software tools, CACI said Tuesday. Ken Asbury, president and CEO of CACI, said the […] More
by Jane Edwards November 3, 2015, 11:00 am
in Industry News, News
KippsDeSantoâ€™s Jon Yim: GSA Contract Vehicle Consolidations Bring ‘More Uncertainty’ in M&A Market
Jon Yim, a director at investment bank KippsDeSanto, has cited potentialÂ implications of the General Services Administrationâ€™s effortsÂ to consolidate contract vehicles for buyers and sellers seeking to enter the mergers and acquisitions market. Yim wrote in a blog post posted Oct. 26 the changes that contract consolidation has brought to the M&A market have resulted in […] More
by Jane Edwards November 3, 2015, 9:26 am