Press Releases

Dublin, July 14, 2021 (GLOBE NEWSWIRE) -- The

Dublin, July 13, 2021 (GLOBE NEWSWIRE) -- The

Dublin, July 13, 2021 (GLOBE NEWSWIRE) -- The

Colorado Springs, Colo., and Andover, Mass., July 13, 2021 (GLOBE NEWSWIRE) -- dpiX and Mercury Systems today announced the signing of a Memorandum of Understanding (MOU) that outlines the companies’ cooperation in the development, prototyping and manufacturing for the next generation of best-in-class display technology.dpiX and Mercury will collaborate to enhanc

BAE Systems has received a $62 million contract from the U.S. Army to deliver the next-generation 2-Color Advanced Warning System (2CAWS). The system provides aircrews with advanced threat detection capabilities, improving survivability and mission effectiveness in contested environments. This latest award is part of the Limited Interim Missile Warning System (LIMWS) and encompasses the third of four production lots. “We are excited to leverage our expertise on Quick Reaction

GBL Systems Corporation (GBL), a leading provider of systems engineering, software services, advanced technology solutions to the U.S. Department of Defense (DoD), and Samsung Electronics America, Inc., today announced that they have begun to deploy new 5G testbeds for Augmented Reality/Virtual Reality at U.S. Army military bases. 5G Enables Training with an Edge The 5G testbeds are part of a broader DoD initiative announced in October 2020, which awarded

BAE Systems has selected Spirent Federal Systems, the leading provider of positioning, navigation, and timing (PNT) test solutions, to provide a CRPA Test System to support M-Code military GPS technology development. BAE Systems is developing an advanced military GPS receiver and improving the capabilities of size-constrained and power-constrained military GPS applications, including precision-guided munitions and handheld devices. Spirent Federal is uniquely qualified to provide essential te

Galvanize – one of the nation’s leading providers of software engineering and data science training, is proud to announce that they have been awarded a Phase III SBIR Indefinite Delivery/Indefinite Quantity (IDIQ) Contract by the U.S. Department of Defense, as an extension of the Phase I SBIR contract awarded in January 2020. The IDIQ contract signals the Department of Defense’s acknowledgement of the need to not only increase the technical skills and capabilities

Liberty Defense Holdings Ltd., a leading concealed weapons and threat detection solutions company, is pleased to announce that it has signed the Cooperation and Project Funding Agreement with The Israel-US Binational Industrial Research and Development (BIRD) Foundation, BIRD HLS Program, for $1M USD. The BIRD HLS program is sponsored jointly by the DHS and the Israel Ministry of Public Security (MOPS). The BIRD Foundation is an organization that provides capital for joint industria

DOYLESTOWN, Pa., July 13, 2021 (GLOBE NEWSWIRE) -- Evrys Bio, a biotech company developing Next Gen Antivirals, was awarded a $34.3 million contract from the Department of Defense (DOD) to develop a drug, simultaneously effective against multiple high-risk viral agents. The proposed drug intends to improve disease survival after exposure to one or more viruses fro

On July 7, 2021, General Atomics Aeronautical Systems, Inc. (GA-ASI) issued a press release announcing the completion of the first MQ-9A Block 5 Remotely Piloted Aircraft for the Royal Netherlands Air Force. In the press release, we stated the aircraft would be delivered to the RNLAF in early 2022 following acceptance testing. The actual anticipated delivery to the Netherlands is late 2021. The press release that follows reflects the revised information. General Atomics Aeronautical

SAN FRANCISCO, July 08, 2021 (GLOBE NEWSWIRE) -- ​Volansi​, the leader in autonomous, vertical take-off and landing (VTOL) delivery drones for medium to heavy-weight payloads, today announced the appointment of Dr. Will Roper, one of the country’s foremost experts on aerospace transformation, a

SCOTTSDALE, AZ, July 08, 2021 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, is updating quarterly revenue to $44 million for its 1st Quarter of the 2022 Fiscal Year (period ending June 30

Spirit AeroSystems, Inc. and Fiber Materials, Inc., subsidiaries of Spirit AeroSystems Holdings, Inc., and Albany Engineered Composites, a subsidiary of Albany International Corp. (NYSE: AIN), have formally entered a technical collaboration agreement to capitalize on the their unique capabilities to deliver a suite of differentiated technical and industrialized solutions to more rapidly support hypersonic program developments. The combination of Spirit’s ultra-high temperature

Axellio, an innovator in cyber security threat detection and response solutions, today announced it has received a $25.7 million follow-on contract from the U.S. Army, to expand a previously announced cyber security agreement. Under terms of the follow-on contract, Axellio will further build-out its packet capture system to more sites over three additional years. This is an expansion of an agreement that Axellio was awarded in 2020, when the company was selected to implement a proto