business and finance Navy To Extend Life Of 12 Destroyers And Three Cruisers By www.defensedaily.com Published On :: Mon, 04 Nov 2024 20:53:53 +0000 The Navy plans to extend the operations of 12 Flight 1 Arleigh Burke-class (DDG-51) destroyers and three Ticonderoga-class cruisers past their planned service lives to boost fleet numbers, the service […] Full Article Navy/USMC DDG-51 destroyer highlights
business and finance Teledyne Acquires Electronics Company Micropac Industries By www.defensedaily.com Published On :: Mon, 04 Nov 2024 20:54:34 +0000 Teledyne Technologies [TDY] on Monday said it has acquired Micropac Industries [MPAD] in a $57.3 million deal that adds electronic components used in space, military, industrial, and medical applications. The […] Full Article Business/Financial highlights
business and finance BAE Nabs Contract For 10 Netherlands and Belgium Frigate Naval Guns By www.defensedaily.com Published On :: Mon, 04 Nov 2024 20:56:27 +0000 BAE Systems on Friday said it signed a contract with the Netherlands to provide eight new Bofors 40 Mk4 40mm naval guns for the Royal Netherlands and Belgian Navies. The […] Full Article International Navy/USMC Weapons BAE Systems international
business and finance Private Equity Firm Acquires Defense Engineering Firm From Trident Maritime Systems By www.defensedaily.com Published On :: Mon, 04 Nov 2024 20:57:18 +0000 The private equity firm J.F. Lehman & Co. on Monday said its portfolio company Trident Maritime Systems has sold its Hoffman Engineering company to another investment firm, Branford Castle Partners. […] Full Article Business/Financial
business and finance Australia Cancels Satellite Effort With Lockheed Martin As Space Tech Advances By www.defensedaily.com Published On :: Mon, 04 Nov 2024 21:57:14 +0000 The Australian Ministry of Defence on Nov. 4 terminated its procurement activity with Lockheed Martin [LMT] for a single communications satellite in favor of pursuing multiple spacecraft that could provide […] Full Article International Space highlights
business and finance Navigation Experts Urge Launch of Stored GPS Satellites with L5 Signal By www.defensedaily.com Published On :: Mon, 04 Nov 2024 21:59:34 +0000 The Global Positioning System (GPS) program, established in 1973, needs to launch four Lockheed Martin [LMT] GPS III satellites with the L5 signal in short order to help counter adversary […] Full Article Advanced / Transformational Technology Air Force Space
business and finance Top Defense Appropriators, NatSec Lawmakers Locked In Key Races Heading Into Election Day By www.defensedaily.com Published On :: Mon, 04 Nov 2024 22:16:17 +0000 The Senate and House’s top defense appropriators are both facing tough election day matchups that could help determine the majority in either chamber and potentially reshape key “cardinal” spots atop […] Full Article Congress
business and finance BWX Technologies To Acquire Specialty Materials Business From L3Harris Technologies By www.defensedaily.com Published On :: Mon, 04 Nov 2024 22:33:17 +0000 BWX Technologies [BWXT] has agreed to acquire a specialty materials and manufacturing business from L3Harris Technologies ’ [LHX] Aerojet Rocketdyne segment for $100 million. The Aerojet Ordnance Tennessee, Inc. (AOT) […] Full Article Business/Financial
business and finance U.S. Space Force Says It May Award Four PTS-G Contracts By www.defensedaily.com Published On :: Tue, 05 Nov 2024 18:06:21 +0000 The U.S. Space Force may award four companies Protected Tactical SATCOM-Global (PTS-G) contracts. “The government intends to competitively award up to four Indefinite Delivery Indefinite Quantity contract for PTS-G as […] Full Article Advanced / Transformational Technology Air Force Space highlights
business and finance Boeing Workers End Strike; Cash Flow Will Remain Negative Through 2025 By www.defensedaily.com Published On :: Tue, 05 Nov 2024 20:22:49 +0000 Boeing’s [BA] machinists’ union members on Monday voted to end their 53-day strike that shut down production at the company’s commercial aircraft plants in the Pacific Northwest but the company […] Full Article Business/Financial highlights
business and finance Beck: DIU ‘Not Taking on Projects Anymore Where There’s Not a Pathway to Scale’ By www.defensedaily.com Published On :: Tue, 05 Nov 2024 20:31:23 +0000 The Defense Innovation Unit (DIU) has personnel at combatant commands and other forward locations to aid in fielding front-line equipment requests, DIU Director Doug Beck said last Friday. “The whole […] Full Article Air Force Army Navy/USMC Pentagon
business and finance State Department Approves $4.9 Billion Sale of E-7 Aircraft To South Korea By www.defensedaily.com Published On :: Tue, 05 Nov 2024 21:24:05 +0000 The State Department approved a potential Foreign Military Sale of $4.92 billion in Boeing [BA] E-7 Wedgetail Airborne Early Warning and Control Aircraft to South Korea. The Defense Security Cooperation […] Full Article International highlights international South Korea
business and finance Palantir’s Sales To DoD Up 21 Percent In Third Quarter By www.defensedaily.com Published On :: Tue, 05 Nov 2024 21:26:41 +0000 Palantir Technologies [PLTR] on Monday reported surging sales in its third quarter that included strong revenue from Defense Department contracts and the U.S. government overall. Sales to the DoD were […] Full Article Business/Financial
business and finance Fincantieri And UAE Expand Naval Collaboration To Underwater Systems By www.defensedaily.com Published On :: Tue, 05 Nov 2024 21:47:47 +0000 Italy’s Fincantieri on Tuesday signed a memorandum of Understanding (MoU) with the United Arab Emirates’ EDGE Group to expand their cooperative work on naval systems to include underwater systems for […] Full Article International international
business and finance Kongsberg Nabs Potential $329 Million Award To Build Turrets For Marines’ ACV-30 By www.defensedaily.com Published On :: Tue, 05 Nov 2024 22:03:40 +0000 The Marine Corps has awarded Norway’s Kongsberg Defence & Aerospace a contract worth up to $329 million to build medium caliber remotely-operated weapon systems for the turreted variant of the […] Full Article Navy/USMC
business and finance Ingalls Chief Wilkinson To Lead Newport News, Blanchette To Run Ingalls By www.defensedaily.com Published On :: Wed, 06 Nov 2024 17:39:03 +0000 HII [HII] on Wednesday named Kari Wilkinson, currently president of the company’s Ingalls Shipbuilding segments, as the incoming president of its nuclear shipbuilding operations in Virginia effective Jan. 1, 2025. […] Full Article Business/Financial highlights
business and finance Commerce Dept. Seeks Input on Changes to Space Export Controls By www.defensedaily.com Published On :: Wed, 06 Nov 2024 21:40:18 +0000 The U.S. government recently released four rulemakings on space export control designed to strengthen private sector space activity and improve international collaboration. The Department of Commerce and Department of State released four space export control […] Full Article Space highlights
business and finance Saab Pitches Autonomous Control System For Naval Vessels By www.defensedaily.com Published On :: Wed, 06 Nov 2024 21:41:00 +0000 Sweden’s Saab pitched a new autonomous control system to be used for naval vessels during the Euronaval expo in Paris this month. The company said this new system, Autonomous Ocean […] Full Article International Unmanned Systems autonomy international unmanned systems
business and finance U.S. Space Command’s Commercial Integration Cell to Grow Beyond 17 Companies By www.defensedaily.com Published On :: Wed, 06 Nov 2024 21:43:06 +0000 The U.S. Space Force said on Wednesday that it has added five companies to the U.S. Space Command Combined Space Operations Center’s (CSpOC) Commercial Integration Cell (CIC) at Vandenberg Space […] Full Article Air Force Intelligence Community Space
business and finance Teledyne To Acquire Two Acquire Two Aerospace And Defense Businesses From Excelitas By www.defensedaily.com Published On :: Wed, 06 Nov 2024 21:44:18 +0000 Teledyne Technologies [TDY] on Wednesday said it has agreed to acquire two business units from Excelitas Technologies Corp. for $710 million in cash, one based in the United Kingdom that […] Full Article Business/Financial International highlights
business and finance Orca XLUUV Sub Tested In 48-Hour Run By www.defensedaily.com Published On :: Wed, 06 Nov 2024 21:45:52 +0000 Last month Boeing [BA] said its Orca Extra Large Unmanned Undersea Vehicle (XLUUV) finished a 48-hour endurance sailing run. During this exercise, the vehicle operated fully autonomously below the sea […] Full Article Navy/USMC Unmanned Systems Boeing unmanned systems
business and finance Navy Finishes PDR For E-2D DSSC-6 Update By www.defensedaily.com Published On :: Wed, 06 Nov 2024 22:00:12 +0000 The Navy on Wednesday announced it and Northrop Grumman [NOC] completed the Preliminary Design Review (PDR) on the newest set of improvements to the E-2D Advanced Hawkeye, the Delta System […] Full Article Navy/USMC Northrop Grumman
business and finance Trump Win, New Senate GOP Majority Set To Reshape Top Defense Committee Posts By www.defensedaily.com Published On :: Wed, 06 Nov 2024 22:10:14 +0000 In the wake of Donald Trump securing his second term as president, the GOP on election day also regained majority in the Senate with new leaders set to take over […] Full Article Congress
business and finance Bell To Keep Fuselage Production For Army’s FLRAA In Kansas By www.defensedaily.com Published On :: Wed, 06 Nov 2024 22:26:05 +0000 Bell [TXT] said on Wednesday it will keep production of the fuselage for the Army’s Future Long Range Assault Aircraft (FLRAA) in Wichita, Kansas, after taking on the assembly work […] Full Article Army
business and finance NGA’s Munsell Aligning CAIO Efforts Against Agency’s AI Goals By www.defensedaily.com Published On :: Thu, 07 Nov 2024 16:39:20 +0000 Advocating for and ensuring his agency is investing in artificial intelligence capabilities is the “strong hand” that Mark Munsell will wield as the National Geospatial-Intelligence Agency’s (NGA) first AI chief […] Full Article Advanced / Transformational Technology Intelligence Community highlights
business and finance US Launched Minuteman III ICBM With Three Test Warheads By www.defensedaily.com Published On :: Thu, 07 Nov 2024 17:26:59 +0000 The U.S. Space Force tested the intercontinental ballistic missile’s ability to strike targets with multiple warheads in a Minuteman III launch Tuesday at Vandenberg Space Force Base, Calif. According to […] Full Article Nuclear Modernization
business and finance Navy Works With General Atomics And Lockheed Martin To Demonstrate Drone Control Station By www.defensedaily.com Published On :: Thu, 07 Nov 2024 21:12:33 +0000 The Navy tested command and control of an unmanned aircraft using its Unmanned Carrier Aviation Mission Control Station (UMCS) for the first time this week in a demo using the […] Full Article Navy/USMC Unmanned Systems autonomy General Atomics highlights unmanned
business and finance Trump Team More Than Two Months Late in Signing Transition MoU By www.defensedaily.com Published On :: Thu, 07 Nov 2024 21:40:16 +0000 The General Services Administration (GSA) on Aug. 27 sent a letter to former and current President-elect Trump at a P.O. Box in Arlington, Va.–a customary missive sent to all prospective […] Full Article Pentagon
business and finance Patriot Hits Missile Test Target While Integrated With New LTAMDS Radar By www.defensedaily.com Published On :: Thu, 07 Nov 2024 21:41:22 +0000 Last weekend a Lockheed Martin [LMT] Patriot Advanced Capability (PAC)-3 missile successfully intercepted a tactical ballistic missile (TBM) while integrated with RTX [RTX] Lower Tier Air and Missile Defense Sensor […] Full Article Army Missile Defense highlights missile defense PAC-3 Patriot U.S. Army
business and finance Kratos, L3Harris Successfully Fly Zeus Rocket Motors, Paving Way For Production By www.defensedaily.com Published On :: Thu, 07 Nov 2024 21:59:27 +0000 Kratos Defense & Security Solutions [KTOS] in late October successfully completed the first flight of a two-stage stack of solid rocket motors (SRMs), validating performance objectives to allow the Zeus […] Full Article Uncategorized
business and finance Trump Likely To Push For Increase To NATO Burden Sharing Requirement: Analysts By www.defensedaily.com Published On :: Thu, 07 Nov 2024 22:05:58 +0000 As NATO countries assess how a second Trump administration will approach alliance priorities, analysts on Thursday said the president-elect could look to push increasing the burden sharing requirement to have […] Full Article International
business and finance BlackSky Acquires Full Stake in LeoStella Ahead of Gen-3 Constellation By www.defensedaily.com Published On :: Fri, 08 Nov 2024 15:45:03 +0000 Ahead of launching the first satellites in its Gen-3 constellation upgrade, BlackSky [BKSY] fully acquired small satellite manufacturer LeoStella. BlackSky announced the move in its third quarter investor call on Nov. […] Full Article Space highlights
business and finance U.S. Space Force Examining Follow-On Support for WGS and DSCS By www.defensedaily.com Published On :: Fri, 08 Nov 2024 18:53:11 +0000 The U.S. Space Force is seeking industry feedback by Dec. 2 to help the service determine an acquisition strategy for Commercial and Military Satellite Communications Operations Support (COSMOS)–a future follow-on […] Full Article Air Force Space highlights
business and finance Kratos’ DeMarco Bullish On What Trump, With Help From Musk, Means For Startups And Non-Traditional Defense Companies By www.defensedaily.com Published On :: Fri, 08 Nov 2024 21:17:28 +0000 A second Trump administration committed to cutting federal spending could mean very good things for non-traditional defense companies and startups because of a focus on affordability, Eric DeMarco, the president […] Full Article Business/Financial
business and finance Defense Watch: NGA AI Strategy, UKR Aid, ACV-30, More ASTs By www.defensedaily.com Published On :: Fri, 08 Nov 2024 21:45:07 +0000 NGA AI Strategy. Mark Munsell, the chief artificial intelligence officer at the National Geospatial-Intelligence Agency, expects his agency to publish a new AI strategy in 2025 given how fast the […] Full Article Uncategorized
business and finance DoD Awards New CHIPS Funds To Microelectronics Commons Hubs By www.defensedaily.com Published On :: Fri, 08 Nov 2024 22:00:42 +0000 The Defense Department last Friday said it has awarded $148 million that will go to its eight regional hubs under a program designed to bolster domestic microelectronics innovation and production. […] Full Article Advanced / Transformational Technology
business and finance New Team Forms To Compete For CVN-75 Carrier Dismantlement By www.defensedaily.com Published On :: Fri, 08 Nov 2024 22:07:48 +0000 A pair of companies with experience dismantling maritime vessels and nuclear facilities, respectively, are teaming up to compete on the dismantlement of decommissioned U.S. Navy aircraft carrier, starting with the […] Full Article Navy/USMC
business and finance Army Awards Repkon USA Potential $435 Million Deal To Build New TNT Factory In Kentucky By www.defensedaily.com Published On :: Fri, 08 Nov 2024 22:10:35 +0000 The Army has awarded Repkon USA a contract worth up to $435 million to build a new TNT production facility in Graham, Kentucky, the service said on Friday. The contract […] Full Article Army highlights
business and finance AUV Startup Vatn Systems Raises $13 Million In Seed Round That Includes Lockheed, RTX, And SAIC By www.defensedaily.com Published On :: Tue, 12 Nov 2024 17:31:47 +0000 Vatn Systems, a startup developing autonomous underwater vehicles (AUVs) for U.S. and allied military customers, on Tuesday said it has raised $13 million in seed funding to further expand its […] Full Article Advanced / Transformational Technology Business/Financial Unmanned Systems highlights
business and finance India’s JSW Group To Invest $90 Million In Shield AI, Manufacture V-BATs By www.defensedaily.com Published On :: Tue, 12 Nov 2024 19:12:33 +0000 Indian conglomerate JSW Group will invest $90 million in U.S. startup Shield AI over the next two years to license and manufacture the small company’s V-BAT unmanned aircraft system (UAS) […] Full Article Business/Financial International highlights
business and finance Autonomous KC-135 Flight Testing May Begin Next Year By www.defensedaily.com Published On :: Tue, 12 Nov 2024 21:10:32 +0000 Flight testing of an autonomous KC-135 Stratotanker may begin next year. Boston’s Merlin Labs, Inc. and the U.S. Air Force’s 6th Air Refueling Wing at MacDill AFB, Fla., have been testing […] Full Article Advanced / Transformational Technology Air Force Business/Financial Unmanned Systems
business and finance Textron Nabs $394 Million Mod For Nine More SSC Landing Craft By www.defensedaily.com Published On :: Tue, 12 Nov 2024 21:11:50 +0000 The Navy on Nov. 8 awarded Textron Systems [TXT] a $394 million modification to build nine more Ship to Shore Connectors (SSC) hovercraft. The SSCs are 100-class Landing Craft Air […] Full Article Navy/USMC
business and finance Firefly Closes $175 Million Funding Round To Scale Production, Accelerate MLV Development By www.defensedaily.com Published On :: Tue, 12 Nov 2024 21:16:26 +0000 Firefly Aerospace has raised $175 million in new venture capital that will help it boost production of a multi-mission orbital vehicle and its small lift rocket, and accelerate hardware qualification […] Full Article Business/Financial Space highlights
business and finance Trump Picks HASC Member, China Hawk Mike Waltz As National Security Adviser By www.defensedaily.com Published On :: Tue, 12 Nov 2024 21:49:53 +0000 President-elect Donald Trump has selected Rep. Mike Waltz (R-Fla.), a member of the House Armed Services Committee, to serve as national security adviser in his next administration. Waltz, a former […] Full Article Congress
business and finance House’s Top Defense Appropriator Calvert Projected To Win Reelection By www.defensedaily.com Published On :: Tue, 12 Nov 2024 22:27:21 +0000 Rep. Ken Calvert, the House’s top defense appropriator, is projected to narrowly win his reelection bid following a competitive race. While final control of the House in the next Congress […] Full Article Congress
business and finance Trump Picks Fox News Host Pete Hegseth To Be Defense Secretary By www.defensedaily.com Published On :: Wed, 13 Nov 2024 02:08:53 +0000 President-elect Donald Trump announced on Tuesday evening he has selected Fox News host Pete Hegseth to serve as his defense secretary. Hegseth, an Army veteran, is a surprise pick that […] Full Article Pentagon highlights
business and finance EPA Issues Highly Anticipated Rule on HFC Phasedown By www.achrnews.com Published On :: Thu, 23 Sep 2021 13:51:00 -0400 EPA issued a final rule establishing a comprehensive program to cap and phase down the production and consumption of climate-damaging HFCs in the United States. Full Article
business and finance How to Future-Proof HVAC Systems to Meet Efficiency and Carbon Emission Goals By www.achrnews.com Published On :: Fri, 01 Oct 2021 07:00:00 -0400 The major drivers of future-proofed HVAC systems are efficiency, resiliency, electrification, and grid-interactivity. Full Article
business and finance GreenChill Program Announces 2021 Winners By www.achrnews.com Published On :: Tue, 05 Oct 2021 09:04:00 -0400 GreenChill Partners in the food retail industry commit to reduce refrigerant emissions and decrease their impact on the environment. Full Article
business and finance HVAC Industry Helps Customers Reach Their ESG Goals By www.achrnews.com Published On :: Tue, 12 Oct 2021 11:00:00 -0400 ESG funds are experiencing a record year, as more investors, such as pensions fund managers, are making it a top priority when deciding where to put their money. Full Article