Press Releases

The Missile Defense Agency (MDA), in a competitive downselect phase, selected Lockheed Martin and partner Aerojet Rocketdyne to deliver the nation's most advanced missile defense system, the Next Generation Interceptor (NGI). The $3.7 billion contract for Next Generation Interceptor is the first step in the development and demonstration phase delivering on MDA's requirements to modernize the current Ground-based Midcourse Defense (GMD) system. The NGI is specifical

L3Harris Technologies has been awarded a contract from Lockheed Martin (NYSE:LMT) for development of a new advanced electronic warfare system to protect the international F-16 multirole fighter aircraft against emerging radar and electronic threats. L3Harris designed Viper Shield™ to provide U.S. and global coalition partners with cutting-edge countermeasures against sophisticated, ever-changing threats. The baseline version is integrated into the aircraft fuselage, saving spa

Parsons Corporation was awarded a shared ceiling value $250 million indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract by the Naval Information Warfare Center (NIWC) Pacific for research, development, test, and technical engineering for maritime intelligence, surveillance, and reconnaissance (ISR) and information operations. The contract has a three-year base period worth $145 million and a two-year option for $105 million. Parsons will provide the U.

New York, USA, March 22, 2021 (GLOBE NEWSWIRE) -- According to a report published by Research Dive, the g

New York, USA, March 22, 2021 (GLOBE NEWSWIRE) -- A new report on the global airborne sensor market has bee

Insitu, a wholly-owned subsidiary of The Boeing Company, today announced new details about its latest efforts to advance hydrogen fuel-cell propulsion for Unmanned Aerial Vehicles (UAVs). First Flight of Hydrogen-Electric ScanEagle3 UAV:  In December 2020, Insitu completed the first flight of their ScanEagle3 unmanned aerial vehicle (UAV) powered by an all-electric, hydrogen fueled, proton exchange membrane (PEM) fuel cell. The 30-minute flight confirmed initial performance cha

AECOM, the world’s premier infrastructure consulting firm, announced that it has been selected by the U.S. Air Force Civil Engineer Center (AFCEC) to provide planning, design and construction management services through the Architect-Engineer NEXT 2021 contract for infrastructure and facilities globally. The multiple-award contract, with a combined $2 billion program ceiling, includes a five year base period and one five year option. “AECOM’s track record of techni

Dublin, March 19, 2021 (GLOBE NEWSWIRE) -- The

Citadel Defense has been awarded multiple counter drone delivery contracts from Five Eyes (FVEY) customers. Citadel’s Titan counter unmanned aircraft system (CUAS) will be rapidly fielded in response to immediate operational needs. The Titan was selected based on positive reports from over a dozen evaluations and three years of successful military and federal agency deployments. Titan delivers autonomous protection against an estimated 98% of commercially available drone platf

Presented at the Euronaval naval technology event in October 2018, Thales' new generation of SonoFlash sonoboards was chosen by the French navy and will allow the country to reach its strategic capacity goal for acoustic sensors. The threat posed by submarines evolves rapidly. Three decades ago, only the superpowers had real submarine warfare capability, but now several countries employ modern submarine fleets. At the same time, the armed forces are increasingly operating in coa

Pune, India, March 18, 2021 (GLOBE NEWSWIRE) -- The global defense IT spending market size is expected to experience significant growth by reaching USD 110.89 billion by 2027 while exhibiting a CAGR of 4.38% between 2020 and 2027. This i

As part of a historic Missile Defense Agency demonstration and for the first time ever, an intercontinental ballistic missile target was intercepted and destroyed outside Earth's atmosphere by an advanced SM-3® Block IIA ballistic missile defense interceptor made by Raytheon Missiles & Defense, a Raytheon Technologies (NYSE:RTX) business. The interceptor was co-developed with Japan's Mitsubishi Heavy Industries. "This first-of-its-kind test shows that our nation

Magellan Aerospace Corporation announced today the signing of a five year renewal agreement with Avio Aero, a GE Aviation Company (“GE”), for the supply of magnesium and aluminum castings. The castings will be produced primarily at Magellan’s Haley, Ontario facility, with several also being produced at its Glendale, Arizona facility. Ms. Margherita Bertinotti, Sourcing Leader Avio Aero said, “This contract represents a significant milestone for the two compan

NEW YORK, March 17, 2021 (GLOBE NEWSWIRE) -- via InvestorWire — Knightscope Inc. today announces its placement in an editorial published by

SAN DIEGO, March 17, 2021 (GLOBE NEWSWIRE) -- KULR Technology Group Inc. (OTCQB: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-i