Press Releases

The American Foundry Society, North America’s largest metalcasting organization, today offered congratulations to President-Elect Donald J. Trump, Vice President-Elect JD Vance, and all newly elected lawmakers. Following a sharply contested series of national elections, now is the time for policymakers to begin coming together on forward-thinking public policies that will bolster economic growth, encourage reshoring, and provide opportunity for all Americans. “The voters

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Frontgrade Technologies, a leading provider of mission critical electronics for aerospace and defense, has developed the industry’s highest density 18 GB DDR4 memory available for satellites and spacecrafts, and prototypes are now shipping to customers. Frontgrade’s DDR4 memory is the first to be engineered to enable individual reset signals to each die, thus mitigating the impact of single event functional interrupt (SEFIs) in flight and ensuring continuous satellite up

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Signia Aerospace, a portfolio company of Arcline Investment Management, today announced it has completed the acquisition of the Goodrich Hoist & Winch business, an industry leader in the design and manufacture of helicopter rescue hoists and aircraft cargo winches, from Collins Aerospace, an RTX Corporation business. The company will be rebranded as Onboard Systems Hoist & Winch and will operate within Signia's Mission Systems business unit alongside brand namesake Onboa

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Milipol Qatar 2024, the 15th edition of the Global Event for Homeland Security and Safety, successfully concluded yesterday after a three-day run at the Doha Exhibition & Convention Centre (DECC), under the theme ‘The technology at the service of security’. Held under the high patronage of His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, the exhibition and conference achieved record visitor turnout of over 14,500 and a total of QAR 842 millio

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SMART Modular Technologies®, Inc. a Penguin Solutions™, Inc. brand (Nasdaq: PENG) and a global leader in integrated memory solutions, solid-state drives, and hybrid storage products, today announced its new ruggedized T6EN PCIe/NVMe flash drives for aerospace, defense, and industrial applications. This new family of SSDs is available in U.2, E1.S and M.2 2280 form factors, enabling flexibility for end users based on their specific application and configuration needs. These

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Sigma Defense, a leading innovator in defense technology, proudly announces its recognition as a recipient of the prestigious 2024 HIREVets Medallion Award from the U.S. Department of Labor. This is the second consecutive year Sigma Defense had been recognized with this award and the first time it has achieved Platinum level status. U.S. Acting Secretary of Labor Julie A. Su recognized Sigma Defense as one of the 839 recipients of the 2024 HIREVets Medallion Award during a virtual a

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Today, Cyngn Inc. announced that it successfully deployed its DriveMod Tugger at a defense contractor's facility. While details are not being disclosed for security reasons, the engagement highlights the applicability of Cyngn's autonomous vehicle technology to address the rigorous operational needs of defense industry manufacturing applications, which can be particularly stringent work environments with high associated costs. The aerospace and defense industry continues to

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More than 25 payloads sponsored by the International Space Station (ISS) National Laboratory, including technology demonstrations, in-space manufacturing, student experiments, and multiple projects funded by the U.S. National Science Foundation (NSF), are bound for the orbiting outpost. These investigations, launching on SpaceX's 31st Commercial Resupply Services (CRS) mission for NASA, aim to improve life on Earth through space-based research and foster a sustainable economy in

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Pegasus Elite Aviation, a premier private charter subsidiary of Prima Air, is proud to announce the launch of the world's first Bombardier Global 5000 equipped with the cutting-edge Starlink system. This breakthrough marks a significant milestone in in-flight connectivity, offering business jet passengers an unparalleled experience starting. The Global 5000, available for charter via pegjet.com, combines exceptional range and state-of-the-art internet capabilities, bringing a ne

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Leonardo DRS, Inc. announced today that it was awarded a contract from NAVSEA to produce ship-based air and surface target detection AN/SPQ-9B radars. The contract includes options, if exercised over five years, would bring the cumulative value to more than $235 million. Under the contract, Leonardo DRS will manufacture, inspect, and test AN/SPQ-9B radars and associated spare kits. “The SPQ-9B radar is a vital ship protection system used across the fleet, and we are proud that

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Leidos announced today a new contract to modernize the Organ Procurement and Transplant Network (OPTN), a critical system that delivers vital organ transplant information to patients, donors, and healthcare providers. The contract was awarded by the U.S. Department of Health and Human Services through its Health Resources and Services Administration (HRSA). This multiple-award, indefinite delivery/indefinite quantity contract has a total potential value of $235 million, including a base perio

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Sentrycs, a leading innovator in C-UAS solutions, and Third Eye Systems, a renowned developer of advanced imaging solutions, announced a new strategic partnership. This collaboration brings together Sentrycs' cutting-edge passive drone detection technology and Third Eye's advanced Electro-Optic systems, delivering an unparalleled layer of drone identification and verification. By combining their expertise, the two companies are setting a new standard for enhanced airspace security sol

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Raytheon, an RTX business, in partnership with the Office of the Secretary of Defense (OSD), the U.S. Air Force Research Laboratory Strategic Development Planning and Experimentation office, and the U.S. Navy, demonstrated the multi-mission GhostEye® MR advanced medium-range sensor during a joint test event called Gray Flag 2024. GhostEye MR tracked targets over water, showcasing the sensor's readiness to deter current and future threats. GhostEye MR successfully tracked a v

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ATERMES, a French leader in advanced surveillance and security solutions, announces its participation in Milipol Qatar 2024, a significant event dedicated to homeland security and public safety which will be held from 29 to 31 October 2024 at  the Doha Exhibition and Convention Center. Expanding its reach in the Middle East and Africa (MEA), ATERMES is committed to delivering cutting-edge solutions to address the most pressing challenges in public safety, defense operations, and critical

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The U.S. Navy awarded Amentum a $490 million contract to deliver comprehensive contractor logistics support (CLS) of the state-of-the-art T-54A Multi Engine Training System (METS). This innovative system will supersede the aging T-44C aircraft, as Amentum collaborates with the Navy and Textron, the original equipment manufacturer, to modernize the Navy’s training aircraft fleet. Amentum’s expert fleet management support to the METS program strategically positions the U.S

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