Press Releases

As the U.S. Air Force extends the operational service life of the B-52 Stratofortress into the 2050s, it has selected Collins Aerospace, a Raytheon Technologies (NYSE: RTX) business, to design and develop a new wheel and carbon brake for the platform, leading to fleet retrofit of 77 aircraft. Collins will design the new wheel and carbon brake for the B-52H using the company's proprietary DURACARB® carbon heat sink material. With its increased wear life, DURACARB® will al

Dublin, April 08, 2021 (GLOBE NEWSWIRE) -- The

BAE Systems will design mechanisms for the U.S. Defense Advanced Research Projects Agency (DARPA) that protect emerging wideband receivers from interference, enabling their use in contested and congested environments. DARPA awarded two contracts to BAE Systems totaling $5 million under the Wideband Adaptive RF Protection (WARP) program which is designed to develop wideband adaptive filtering and signal cancellation architectures to safeguard emerging wideband receivers against both external a

Leidos, a FORTUNE® 500 science and technology leader, announced that it has completed delivery of a cutting-edge autonomous vessel to the U.S. Navy, known as Seahawk. The Office of Naval Research awarded Leidos the cost-plus-fixed fee contract to build the vessel, with an approximate value of $35.5 million, in December 2017. Work was principally performed on the Mississippi Gulf Coast. "As technology continues to accelerate and adversaries become more sophisticated, our cus

New York, USA, April 06, 2021 (GLOBE NEWSWIRE) -- A new report on the global UAV drone market ha

BAE Systems successfully flight tested its Small Adaptive Bank of Electronic Resources (SABER) technology, paving the way for a critical software upgrade to the EC-37B Compass Call, a next-generation electronic warfare aircraft. Teams from both BAE Systems and the U.S. Air Force conducted tests on 11 flights of an EC-130H from Davis Monthan Air Force Base in Arizona. The SABER system is a major technological advance – transitioning from hardware to software-based electromagnet

BAE Systems successfully flight tested its Small Adaptive Bank of Electronic Resources (SABER) technology, paving the way for a critical software upgrade to the EC-37B Compass Call, a next-generation electronic warfare aircraft. Teams from both BAE Systems and the U.S. Air Force conducted tests on 11 flights of an EC-130H from Davis Monthan Air Force Base in Arizona. The SABER system is a major technological advance – transitioning from hardware to software-based electromagnet

Transcend Air announces it has been awarded an AFWERX Small Business Technology Transfer (STTR) research and development contract, in partnership with Auburn University, to develop Simplified Vehicle Operation and flight control laws for high speed VTOL “nap of the Earth” flight with the Vy 400 Vertical Takeoff and Landing aircraft. “Nap of the Earth” is the term for a demanding flight regime where an aircraft stays low and follows the contours of terrain to

Portland, OR, April 05, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global 5G in defense mark

St. Louis, April 05, 2021 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today announced that Christopher (Chris) L. Tucker has been named Senior Vice President and Chief Financial Officer, effective April 19, 2021. Mr. Tucker succeeds Gary E. Muenster who, on December 7, 2020 announced his plans to retire after 31 successful years with the Compa

Palantir Technologies Inc today announced it had been selected by the National Nuclear Security Administration (NNSA) to provide its Office of Safety, Infrastructure, and Operations with a platform for effective knowledge management and data-driven decision-making in an agreement worth up to $89.9 million for a duration of up to 5 years. Palantir will serve as the platform for NNSA’s Safety Analytics, Forecasting, and Evaluation Reporting (SAFER) project. SAFER will help the N

Elbit Systems Ltd. announced the acquisition of BAE Systems Rokar International Ltd. ("Rokar") from BAE Systems, Inc., the U.S. headquartered subsidiary of BAE Systems plc (LON: BA) for approximately $31 million net of any cash in Rokar.    Located in Jerusalem, Israel, Rokar specializes in the development, manufacture, integration, and support of high-end GPS receivers and guidance systems for advanced defense applications. Bezhalel (Butzi) Machlis, El

The U.S. Air Force has awarded Alion Science and Technology a $77 million task order with a 60-month period of performance to provide aircraft and weapons systems research and development for the F-35 Lightning II Joint Program Office (JPO). Alion was awarded this contract under the Department of Defense Information Analysis Center's (DoD IAC) multiple-award contract (MAC) vehicle. These DoD IAC MAC task orders (TOs) are awarded by the U.S. Air Force's 774th Enterprise Sourcing Squadr

Dallas, TX, April 01, 2021 (GLOBE NEWSWIRE) --

SCOTTSDALE, AZ, April 01, 2021 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, is pleased to be increasing its 2021 Fiscal Year revenue guidance to $62 million, representing year-over-year projected revenue