Business
Mercury Computer Systems Inc. is boosting it's expertise in digital RF and information technology with the acquisition of KOR Electronics in Cypress, California, and its wholly owned subsidiary, Paragon Dynamics Inc. in Aurora, Colorado. Mercury, which specializes in high-end embedded computing technology with an emphasis on multi-
Business
Israel Aerospace Industries Ltd. CEO Yitzhak Nissan will step down when his contract expires at the end of the year, and retire, he and IAI chairman Dov Baharav agreed a few days ago. Nissan had wanted to renew his contract, but Baharav refused. Baharav, who was appointed to his post
Business
Israel Aerospace Industries Ltd. has signed one of its largest arms deals, for the sale of $1.1 billion worth of missiles, anti-missile systems, unmanned aircraft, intelligence and other systems. In a brief notice to the Tel Aviv Stock Exchange (TASE), IAI announced that it has signed a four-
Military
The US Army has awarded BAE Systems a $12,290,244 contract for T-Pod systems on the MQ-1 C Gray Eagle unmanned aircraft, the Pentagon announced Thursday. According to a post on FedBizOpps, the T-Pod system gives users both situational awareness and the ability to map emitters.
Business
Northrop Grumman Defense Mission Systems Incorporated, of San Diego, California, is being awarded a $47,176,105 firm fixed price contract for the purchase and integration of two battlefield airborne communications node (BACN) payloads on two Global Hawk Block 20 aircraft. These two Global Hawks, designated AF-11 and AF-
Business
General Atomics Aeronautical Systems, Inc., Poway, California, was awarded a $12,000,000 cost-plus-fixed-fee contract. The award will provide for the support services for Warrior A/Block 0 unmanned aircraft systems. Work will be performed in Poway, with an estimated completion date of Dec. 17, 2013. One
Business
AAI Corp., Hunt Valley, Md., was awarded a $54,795,517 firm-fixed-price contract. The award will provide for the modification of an existing contract to procure laser designator retrofit kits for the Shadow unmanned aircraft system. Work will be performed in Hunt Valley, Md., with an estimated completion
Business
Lockheed Martin has announced the acquisition of substantially all of the assets of CDL Systems Ltd., a software engineering firm that specializes in the development and licensing of vehicle control station software for unmanned systems. Terms of the agreement were not disclosed and are not material to Lockheed Martin. CDL
Business
Elbit Systems Ltd. announced that the Company and Georgia have signed settlement agreements for settling all claims and disputes. In April, 2011 the Elbit Systems said it had filed a lawsuit in the High Court of Justice of the United Kingdom for Georgia's failure to pay USD 100
Business
Elbit Systems Ltd. announced that it was awarded a contract, valued at approximately $50 million, to supply Hermes 900 Unmanned Aircraft Systems to a governmental office of a country in the Americas. The UAS will be operated in a variety of perimeter security missions. The project will be performed over
Business
The US Air Force has awarded two contracts totalling $70.5 million to defense contractor Raytheon Co. to support targeting systems used by missile-carrying Predator unmanned aircraft. The Aeronautical Systems Center at Wright-Patterson Air Force Base awarded the contracts. Raytheon is to provide logistics support and improved imaging
Business
Las Vegas-based Arcata Associates has been selected NASA’s 2011 Small Business Prime Contractor of the Year. It’s the second time in four years that Arcata, a 32-year-old engineering services and information technology firm, has won the award. The company, whose first contract was to provide