Press Releases

Potsdam, NY, Dec. 28, 2020 (GLOBE NEWSWIRE) -- Clarkson University’s Center for Air and Aquatic Resources Engineering and Sciences (CAARES) Lab is now accredited to perform per- and polyfluoroalkyl substances (PFAS) analysis.  The accreditation is through the Department of Defense Environmental Laboratory Accreditation Program (DoD ELAP), which is designed

Minister for Defence, Senator the Hon. Linda Reynolds, CSC, and Minister for Defence Industry, Melissa Price MP, today declared Initial Operational Capability (IOC) for Australia's F-35As, making Australia the seventh country to declare IOC for its F-35 fleet. Lockheed Martin (NYSE: LMT) will sustain the Royal Australian Air Force's (RAAF) F-35A fleet, which will play a crucial role in defending Australia's national interests. "This IOC ushers in a new era of Austra

J.F. Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired CTS Engines, LLC and CTS Testing, LLC (collectively, "CTS" or the "Company"). Headquartered in Ft. Lauderdale, FL, CTS is a leading independent provider of maintenance, repair and overhaul ("MRO") services

DPW Holdings, Inc. a diversified holding company, announced that its power electronics business, Coolisys Technologies Corp.® (“Coolisys®”), has been awarded $1.1 million contract to manufacture and supply a rugged fully customized DC to DC multiple output power switching solution for tactical military use. Coolisys’ subsidiary, Digital Power Corporation, will provide the customized power switcher to power azimuth satellite-controlled systems in conjunction with tact

General Dynamics Land Systems, a business unit of General Dynamics, announced today that it was awarded a $4.6 billion fixed-price-incentive contract to produce M1A2 SEPv3 Abrams main battle tanks for the U.S. Army. Work locations and funding will be determined with each order, with an estimated completion date of June 17, 2028. The first delivery order is valued at an estimated $406 million. "We are pleased to continue our support to the Army on the modernization of

Elbit Systems Ltd announced today that its U.S. subsidiary, Elbit Systems of America, LLC ("Elbit Systems of America"), has signed a definitive agreement with an affiliate of Cerberus Capital Management, L.P. for the acquisition of Sparton Corporation ("Sparton") for a purchase price of $380 million.   The transaction is conditioned on various closing conditions, including receipt of U.S. regulatory approvals, the pursuit of which could encompass a numb

Dublin, Dec. 23, 2020 (GLOBE NEWSWIRE) -- The

New York, USA, Dec. 23, 2020 (GLOBE NEWSWIRE) -- As per a Research Dive published report, the global aerospace foam market

Vancouver, British Columbia, Dec. 21, 2020 (GLOBE NEWSWIRE) -- The Global Flame Retardant Plastic Market is projected to be worth USD 61.87 Billion by 2027, according to the current analysis by Emergen Research. The flame retardant plastic market is observing high demand attributed to the growing demand from the electrical & electronics sector. The widespre

NuWave Solutions ("NuWave"), a leading provider of data management, advanced analytics, artificial intelligence, cloud solutions and technologies to the Federal Government, announced today that it has acquired ProModel Government Services (or "the Company") from ProModel Corporation. ProModel Government Services is an agile provider of mission critical predictive and prescriptive analytic software solutions for decision support to the Department of Defense and U.S. Governm

Leading small satellite manufacturer and mission services provider Blue Canyon Technologies (“BCT” or “Blue Canyon”) announced the completion of its acquisition by Raytheon Technologies, an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. BCT now reports into Raytheon Intelligence & Space, a business of Raytheon Technologies. “Raytheon Intelligence & Space deli

The U.S. Navy has awarded L3Harris Technologies  a five-year, $496 million contract to deliver prototype tactical jamming pods designed to extend U.S. Air superiority. The Next Generation Jammer Low Band (NGJ-LB) is a high-powered, high-capacity airborne electronic warfare (EW) system. L3Harris’ single-pod solution enables extended stand-off jamming capability, covers a broad spectrum and processes an increased number of threats. The system operates seamlessly with joint

Alion Science and Technology has been awarded a $39 million task order with a 60-month period of performance to provide Rapid Technical Collection and Demonstration for the Naval Air Warfare Center Weapons Division (NAWCWD) Fleet Innovation Team (FIT). 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 Enterpris

Perspecta Inc., a leading U.S. government services provider, announced that it was awarded an extension of the NGEN (Next Generation Enterprise Network) contract from the U.S. Department of the Navy with a maximum ceiling value of $797 million, if all options are exercised, for continued delivery of enterprise IT services. The indefinite delivery / indefinite quantity (ID/IQ) contract includes an extension for six months of support, from Jan.1, 2021 to June 30, 2021, and three one-month optio

HALO Maritime Defense Systems, Inc. ("HALO"), a marine engineering technology company and provider of advanced engineered waterside security barrier solutions, announced today that its barriers are now protecting US, UK, and Bahrain Naval forces at Mina Salman, Bahrain.   Earlier this year, HALO successfully designed, assembled, and installed what is now the longest security barrier in the U.S. Navy:  3,800 meters (over 2 miles) of HALO's ORCA III barrier solution