Press Releases

Transcend Air announces it has been awarded an AFWERX Small Business Technology Transfer (STTR) research and development contract, in partnership with Auburn University, to develop Simplified Vehicle Operation and flight control laws for high speed VTOL “nap of the Earth” flight with the Vy 400 Vertical Takeoff and Landing aircraft. “Nap of the Earth” is the term for a demanding flight regime where an aircraft stays low and follows the contours of terrain to

Portland, OR, April 05, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global 5G in defense mark

St. Louis, April 05, 2021 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today announced that Christopher (Chris) L. Tucker has been named Senior Vice President and Chief Financial Officer, effective April 19, 2021. Mr. Tucker succeeds Gary E. Muenster who, on December 7, 2020 announced his plans to retire after 31 successful years with the Compa

Palantir Technologies Inc today announced it had been selected by the National Nuclear Security Administration (NNSA) to provide its Office of Safety, Infrastructure, and Operations with a platform for effective knowledge management and data-driven decision-making in an agreement worth up to $89.9 million for a duration of up to 5 years. Palantir will serve as the platform for NNSA’s Safety Analytics, Forecasting, and Evaluation Reporting (SAFER) project. SAFER will help the N

Elbit Systems Ltd. announced the acquisition of BAE Systems Rokar International Ltd. ("Rokar") from BAE Systems, Inc., the U.S. headquartered subsidiary of BAE Systems plc (LON: BA) for approximately $31 million net of any cash in Rokar.    Located in Jerusalem, Israel, Rokar specializes in the development, manufacture, integration, and support of high-end GPS receivers and guidance systems for advanced defense applications. Bezhalel (Butzi) Machlis, El

The U.S. Air Force has awarded Alion Science and Technology a $77 million task order with a 60-month period of performance to provide aircraft and weapons systems research and development for the F-35 Lightning II Joint Program Office (JPO). 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 Enterprise Sourcing Squadr

Dallas, TX, April 01, 2021 (GLOBE NEWSWIRE) --

SCOTTSDALE, AZ, April 01, 2021 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, is pleased to be increasing its 2021 Fiscal Year revenue guidance to $62 million, representing year-over-year projected revenue

Business Wire IndiaUnder the expertise of Sushant Gupta, Defsys Solutions Pvt. Ltd. also known as “Defsys” is a leading design, development and production house for a variety of Aerospace and Defence Systems meeting the ever-evolving needs of the Indian Armed Forces. The company holds a proven track record of ‘On Time’ delivery of several in-house designed and developed advanced systems perfectly in line with the Nation’s Ob

BAE Systems has received a $21 million contract from the United Kingdom’s Ministry of Defence to support the Common Missile Warning System (CMWS) over the next four-and-a-half years. This contract ensures the continued support and sustainment of CMWS systems on various UK aircraft platforms. The award includes annual repair and engineering services. “The UK Ministry of Defence has been a key partner on CMWS for decades,” said Christopher Austin, BAE Syste

Leidos, a FORTUNE® 500 science and technology leader, announced it has been awarded a prime contract by the Naval Undersea Warfare Center (NUWC) - Newport Division to provide engineering, technical and management services for the Naval Array Technical Support Center. The single-award, indefinite delivery/indefinite quantity, cost-plus-fixed-fee / firm-fixed-price contract has a total estimated value of $149.2 million. Work will be performed primarily in Newport, Rhode Island. &q

Rockford, IL, March 31, 2021 (GLOBE NEWSWIRE) -- SupplyCore, a supply chain integrator, has recently realigned its business operations to support its continued success with existing and new contract opportunities. Through this organizational restructure, Patrick Voller now leads the entirety of SupplyCore’s business operations as Senior Vice President.  &ld

Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Biodefense Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020-2027” LOS ANGELES, March 31, 2021 (GLOBE NEWSWIRE) -- The

LANDOVER, Md., March 31, 2021 (GLOBE NEWSWIRE) -- AirBoss Defense Group (ADG), the global leader in survivability for the assured mobility, healthcare, and chemical, biological, radiological, nuclear, and explosive (CBRNE) communities, is announcing that it has been awarded an indefinite delivery/indefinite quantity (IDIQ) contract valued at up to $15.1 million by the U.S. Dep

BAE Systems was awarded a four-year $42.5 million task order by the U.S. Navy to provide shore-based landing systems integration (LSI) support services for instrument carrier and instrument landing systems (ICLS/ILS). The new ILS provides U.S. Navy pilots with increased guidance capabilities by utilizing radio beam signals that aircraft computers translate, enabling pilots to correct their flight path and operate aircraft without instruction from an air traffic controller. “Fo