Press Releases

Parsons Corporation was awarded a potential six-year $100 million indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract by the Naval Information Warfare Center (NIWC) Pacific for support in the identification, implementation, development, and enhancement of Command, Control, Communications, Computers, & Intelligence (C4I) and the network-centric warfare. This contract is a new award for Parsons and has a two-year base with two additional two-year opt

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The U.S. Army Combat Capabilities Development Command Army Research Laboratory (DEVCOM ARL) recently awarded global consulting and digital services provider ICF a new task order valued at up to $53 million to expand the delivery of cyber research, development and technology services. It has a term of five years, including a one-year base and four option years. The agreement was awarded under the multiple-award Command, Control, Communications, Computers, Combat Systems, Intelligence

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Former Jabil SVP of $3.7 billion Asian smartphone division to lead growth initiatives in large-scale manufacturing automation and operational expansion SAN DIEGO, March 08, 2021 (GLOBE NEWSWIRE) -- KULR Technology Group Inc. (OTCQB: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion batt

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LANDOVER, Md., March 08, 2021 (GLOBE NEWSWIRE) -- AirBoss Defense Group (ADG), the global leader in survivability for the assured mobility and chemical, biological, radiological, nuclear, and explosive (CBRNE) communities is announcing that it has signed an agreement to acquire BlackBox Biometrics (B3), the market leader in wearable blast overpressure measurement

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PCX Aerosystems, a leading provider of flight-critical, life-limited dynamic components and systems for demanding aerospace applications, is announcing that they have reached an agreement with Senior plc to acquire its Senior Aerospace Connecticut operation located in Enfield, Connecticut ("SAC"). This acquisition expands PCX's portfolio with SAC's complementary rotorhead & transmission component offerings and broadens the combined company's customer relati

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D2iQ, provider of the leading independent Kubernetes platform built to power smarter Day 2 operations, announced that the U.S. Air Force is using the D2iQ Konvoy Kubernetes distribution to fuel its transition to secure remote work. The Covid-19 pandemic continues to force organizations to modernize IT infrastructures to power remote work and collaboration. As hundreds of thousands of employees transitioned to remote work, the U.S. Air Force took measures to ensure operational contin

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Astronics Corporation, a leading provider of advanced technologies for the global aerospace, defense and other mission critical industries, announced today that its wholly-owned subsidiary, PECO Inc., has been selected by Raytheon Missiles & Defense to manufacture and supply handgrip subassemblies for the next generation light weight command launch unit (CLU) for the Javelin missile. “We have a long-standing partnership with Raytheon Missiles & Defense, and we are exci

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Flirtey, the pioneer and a leader in the commercial drone delivery industry, today announced that it has completed the technology to certify and expand U.S. production of its best-in-class drone delivery system for last-mile delivery. The aircraft designer and manufacturer's technology includes the Flirtey Eagle, an advanced drone that conducts precision delivery to homes and businesses; the Flirtey Portal, a take-off and landing platform that conducts scalable operations from s

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L3Harris Technologies has been selected to design an autonomous surface ship concept for the U.S. Defense Advanced Research Projects Agency (DARPA) to demonstrate the reliability and feasibility of an unmanned ship performing lengthy missions. L3Harris was chosen for phase one of the two-phase No Manning Required Ship (NOMARS) program. The L3Harris design concept will streamline NOMARS’ construction, logistics, operations and maintenance life-cycle. The company teamed with VAR

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Tyto Athene (“Tyto”) has entered into an agreement to acquire AT&T Government Solutions, Inc. (“GSI”), which comprises AT&T’s Department of Defense IT professional services business and select other contracts. AT&T and Tyto have also agreed to enter into teaming agreements for opportunities in the DoD IT professional services market. It is expected to close at the end of the first quarter or early in the second quarter of 2021. Terms of the transactio

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PETAH TIKVA, Israel, March 03, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its fully owned subsidiary, Wavestream, marked a key milestone as successfully tested by Global Eagle Entertainment (Global Eagle), a major In-Flight Connecti

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BAE Systems has received a $58 million contract from Boeing to start Low Rate Initial Production (LRIP) of the F-15 Eagle Passive Active Warning and Survivability System (EPAWSS) for the U.S. Air Force. The electronic warfare (EW) and countermeasures system provides advanced electromagnetic capabilities that protect pilots and help them maintain air superiority during their toughest missions. “The start of EPAWSS production marks a critical milestone and is a testament to the

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Elbit Systems Ltd. announced that it was awarded an approximately $300 million contract by a country in Asia to provide HermesTM 900 Unmanned Aircraft Systems ("UAS"). The contract will be performed over a period of five years. Under the contract, the Company will provide its Hermes 900 UAS and associated sub-systems, as well as maintenance and support services. The Hermes 900 UAS has been selected to date, by 12 countries, attesting to its competitive edge that combines t

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