Press Releases

The Public Regulated Service is the encrypted navigation service for authorised users and sensitive applications offered by the Galileo system to government agencies and critical infrastructures, to guarantee the integrity of the localisation, navigation, and synchronisation functions. As part of the G2S PRS (Galileo Ground Segment – Public Regulated Service) project, Leonardo has created innovative solutions aimed at providing complete support for the operation of the service

BAE Systems successfully demonstrated M-Code signal tracking with an Increment 2 Global Navigation Satellite System (GNSS) receiver powered by the company's Next-Generation Application Specific Integrated Circuit (ASIC). This technological breakthrough is part of the Military GPS User Equipment (MGUE) Increment (Inc) 2 Miniature Serial Interface (MSI) program, the result of a $247 million contract received by BAE Systems in 2020 from U.S. Space Force Space Systems Command.

Chile signed the Artemis Accords Friday during a ceremony hosted by NASA Administrator Bill Nelson at the agency's headquarters in Washington, becoming the 47th nation and the seventh South American country to commit to the responsible exploration of space for all humanity. "Today we welcome Chile's signing of the Artemis Accords and its commitment to the shared values of all the signatories for the exploration of space," said Nelson. "The United States has lo

Leidos Holdings, Inc. announced today that its Board of Directors has declared a quarterly cash dividend of $0.40 per outstanding share of common stock of Leidos Holdings, Inc., a $0.02 increase compared to the prior quarterly dividend of $0.38 per share. The cash dividend is payable on December 31, 2024, to stockholders of record as of the close of business on December 16, 2024. About Leidos: Leidos is a Fortune 500® innovation company rapid

BWX Technologies, Inc. today announced the opening of the John D. Haynes School of Welding Technology at Mount Vernon High School in Mount Vernon, Indiana. The company, along with the U.S. Navy and the BlueForge Alliance, have invested $500,000 into the new school to help further the educational journeys of students interested in pursuing a career in welding. The welding school provides a direct employment opportunity for students from Mount Vernon High School to BWXT’s Nuclea

Leidos announced today it has received a success memorandum from the Defense Innovation Unit (DIU) for the completion of key milestones in its Electric Vehicle Charging as a Service (EV CaaS) prototype for the Department of the Air Force (DAF). This milestone establishes Leidos as the sole vendor authorized by the DIU to provide a FedRAMP-accredited budget-neutral EV CaaS solution for the Department of Defense (DOD) and the U.S. government. "We are honored to receive this recog

"KBR's exceptional team has once again exceeded expectations with outstanding third-quarter results," stated Stuart Bradie, KBR's President and CEO. "Our team's dedication to our customers has resulted in year-over-year growth across all financial metrics, including Revenues, Adjusted EBITDA2, Adjusted EPS2, and notably, Operating Cash Flows. The bookings and awards this quarter align well with our focus areas of energy security and transition, national defense, and

General Dynamics  today reported third-quarter 2024 revenue of $11.7 billion, up 10.4% from the third quarter of 2023. Operating earnings of $1.2 billion were up 11.7% from the year-ago quarter. Diluted earnings per share (EPS) were $3.35, up 10.2% from the year-ago quarter. Operating margin for the quarter was 10.1%, a 10-basis-point expansion from the year-ago quarter. “The company continues to see strong growth and steady improvement in operating performance,” sa

Raytheon, an RTX business, was awarded $676 million to continue manufacturing the tube-launched, optically-tracked, wireless-guided TOW® weapon system for the U.S. Army. The two separate awards comprise an annual production contract for $430 million in fiscal year 2023 and an additional $246 million award in 2024. "Our TOW production line is active, and we can manufacture up to 10,000 missiles annually," said Tom Laliberty, president of Land and Air Defense Systems at

KBR announced today the release of its 2023 Sustainability and Corporate Responsibility Report, which detailed continued sustainability progress across its operations and through its delivery of sustainability-focused solutions. "A large part of our culture at KBR is 'walking the talk' and this includes our commitment to sustainability. This report is a testament to the commitment of our people to doing things that matter — delivering solutions that are helping cr

Airline Hydraulics Corporation, a leading distributor of industrial technologies, expands its Omron Automation technology distribution to Georgia and Florida. This establishes Airline as an Omron strategic partner in this territory, offering local industries direct access to expert support, training events, and easy ordering on airlinehyd.com. "We are excited to add the Omron product line to complement our overall offering from Maine to Florida," says Keith Elphick, Direct

XTI Aerospace, Inc. today announced that it will be a founding sponsor and partner in Hangar X Studios, a podcast focusing on the cutting-edge world of aviation. The Hangar X Studios show will be available on all major podcast platforms, and episodes will drop weekly. To experience the first episodes, and for more information, visit www.hangarxstudios.com. The Hangar X Studios podcast will explore breakthrough innovations that are reshaping the industry. Episodes will cover game-cha

Collins Aerospace, an RTX business, announced the first deliveries of its new Venue™ cabin management system (CMS). The upgraded Venue is equipped with Collins' all new smart monitors and upgraded graphical user interface (GUI), enhancing entertainment, usability and simplicity for operators and passengers, alike. With more than 1,700 installations on over 50 aircraft models, Venue is not only the most fielded system of its kind but continues its technological evolution wi

Leidos, a Fortune 500® innovation leader, was recently awarded a new contract to modernize the U.S. Army's network in alignment with the Army's Network Modernization Strategy and Army Unified Network Plan. The contract was awarded by the Army Program Executive Office for Command, Control and Communications-Tactical Global Enterprise Network Modernization-OCONUS (PEO C3T GENM-O). The contract has a one-year base period of performance with four one-year option periods. The contract

GE Aerospace’s LM2500, engineered for reliability and performance, has been chosen to power the Indian Navy’s Next Generation Missile Vessels (NGMV) built by Cochin Shipyard Limited located in Kochi, India. Six LM2500 marine gas turbine engine kits will be delivered by GE Aerospace for assembly and test by Hindustan Aeronautics Limited (HAL) Industrial and Marine Gas Turbine Division in Bangalore, India. Additionally, GE Aerospace will be supplying its composite base and enclosure