Press Releases

Science Applications International Corp. announced today that the company’s board of directors declared a cash dividend of $0.37 per share of the company’s common stock payable on July 26, 2024 to stockholders of record on July 12, 2024. SAIC intends to continue paying dividends on a quarterly basis, although the declaration of any future dividends will be determined by the board of directors each quarter and will depend on earnings, financial condition, capital requirem

NASA announced Friday it selected three industry proposals to help develop technologies for future large space telescopes and plan for the agency's Habitable Worlds Observatory mission concept, which could be the first space telescope designed to search for life outside our solar system. The mission would directly image Earth-like planets around stars like our Sun and study their atmospheres for the chemical signatures of life, as well as enable other investigations about our so

HITEC Sensors today announced it received the BAE Systems ‘Partner 2 Win’ Supplier of the Year award. HITEC Sensors was selected from a pool of suppliers that delivered exceptional performance and contributions to supply chain success for BAE Systems’ Electronic Systems sector in 2023. George Low, Vice President & Managing Director of HITEC Sensors, commented, “We are honored to win the 2023 Supplier of the year award and proud to be a Gold Supplier for B

IFS, the leading technology provider of enterprise cloud and industrial AI software, today announced the general availability of its latest IFS Cloud release. As the only vendor focused on helping asset- and service-focused companies leverage the power of Industrial AI, IFS is releasing new AI-powered functionality that enables customers to improve operational effectiveness and profitability. This May release focuses on three strategic themes, which are supported by a powe

CAE today announced that CAE Defense & Security has been awarded a contract from General Atomics Aeronautical Systems, Inc.  to support the MQ-9B SkyGuardian® Remotely Piloted Aircraft Systems acquired by the Government of Canada. The minimum contract value is $250M for the initial 9 years with additional option years over the total period of performance. Under the terms of the contract, CAE will deliver aircrew and maintenance technician training, supporting training d

BAE Systems has been selected to build the Ocean Color Instrument for the National Oceanic and Atmospheric Administration's Geostationary Extended Observations  satellite constellation. With the selection, BAE Systems is now contracted to build all three hyperspectral instruments for the mission, including OCX, the GeoXO Sounderand the Atmospheric Composition Instrument . BAE Systems is leveraging modular designs and its extensive experience managing multiple instrument programs to d

Merlin, the aviation technology company developing the world’s most capable pilot to advance the future of automated flight, recently participated in data collection flights in the KC-135 Stratotanker at MacDill Air Force Base to better understand crew workload drivers and gather data to expand the autonomous capabilities of the Merlin Pilot for military use cases. Conducted on May 14 and 15, the two flights enabled Merlin’s engineers to assess the tasks that pilots exec

Space Engine Systems, through its UK operations based out of Spaceport Cornwall  has applied its aerospace technology expertise to a £1 Billion GBP challenge issued by the UK MoD linked to Hypersonic Technologies and was very recently notified that it had secured a place in the Hypersonic Technology and Capability Development Framework DE&S to award contracts on £1 billion framework to develop UK’s first hypersonic missile - Defence Equipment & Support (mod.uk).

The American Society of Military Comptrollers  opened its annual Professional Development Institute today by unveiling its new name and brand, in Phoenix, Arizona. The new name, the Society of Defense Financial Management supports the organization's evolution as well as its legacy of advancing the defense financial management profession. The organization's new name, the Society of Defense Financial Management (SDFM), was announced by Rich Brady, SDFM's Chief Executi

Collins Aerospace, an RTX  business introduced its Helix™ main cabin seat for narrow body aircraft at the 2024 Aircraft Interiors Expo. Helix is intelligently engineered to reduce weight in comparison to previous generations of economy class seats while maintaining ergonomic comfort and improving living space without impacting cabin density. Helix seating was developed with three key pillars in mind - comfort, reliability and sustainability," said Christophe Blanc, v

Beacon Interactive Systems was recently awarded a contract with the U.S. Navy's Program Executive Office for Unmanned and Small Combatants to evolve the Beacon Platform into 'FLEX' a digital platform to address the unique management and sustainment needs of forward-deployed unmanned underwater vehicles The contract's scope of work includes the development of FLEX – configured from Beacon's existing software and informed by iterative and active engagement with end-use

The Spaceport Company was awarded a contract by the Defense Innovation Unit (DIU) to deliver cargo and enable greater access to space by leveraging a unique, sea-going mobile space launch complex. This prototype is intended to demonstrate delivery to a mission-designed orbit and test autonomy-like features of the sea launch vessel. In Phase 1 of the Novel Responsive Space Delivery (NRSD) project, TSC will construct and demonstrate foundational maritime launch technologies within the

Ultra Intelligence & Communications announced the successful demonstration of its capabilities across multiple tactical bearers during HERMES FORGE, a major field exercise with the Canadian Armed Forces designed to assess the modernization progress of its tactical network architecture. As the proliferation of UAVs and the prevalence of long-range precision fires threaten traditional command post operations, the Canadian military has engaged select industry partners, including Ul

Rivada Space Networks, a global network company launching a constellation of 600 low-earth-orbit satellites to enable secure, global connectivity for governments and enterprises, has announced a series of new partners in the Asia Pacific region.  Rivada has now lined up over $US9 billion of business globally for its unique LEO network. As the first unified global communications network, Rivada's outernet is transformative. A global low-latency point-to-point network of 600

Pratt & Whitney Canada, an RTX business, hosted the ceremonial inauguration of the company’s new manufacturing facility Pratt & Whitney Maroc that will produce detailed static and structural machined parts for the company’s aircraft engines, including the PT6. The event was held in the presence of Mr. Minister of Industry and Trade, Ryad Mezzour, Pratt & Whitney Canada’s executives and local business officials.   “Today, we are witnessing the