Entries by admin

Sikorsky to build five presidential helicopters

PATUXENT RIVER NAS, Md. – U.S. Navy helicopter aviation experts are ordering five new VH-92A presidential helicopters for the U.S. president and other high-ranking government dignitaries under terms of an order announced Friday worth nearly a half-billion dollars. Source: presidential helicopters avionics | Military & Aerospace Electronics

Evolv Technology raises $14.5M in new debt financing 

Evolv Technology, which has pulled in funding from Jeb Bush’s firm and Bill Gates, has now raised an additional investment.The Waltham-based maker of touchless security-screening systems said Monday in a regulatory filing it has raised just north of $14.5 million in the first tranche of a $30 million offering of debt and other securities. Source: […]

Raytheon Technologies secures $290.7M Navy contract 

Raytheon Technologies (NYSE:RTX) has been awarded a ~$290.7M cost-plus-incentive-fee, fixed-price incentive (firm target) contract. Company to provides material and support equipment for depot maintenance facilities, program administrative labor for non-recurring sustainment activities, mockup engines and modules for test cells, as well as supplies, services, and planning for depot activations in support of the F-35 Lightning […]

Global server shipment forecast and industry analysis for 2021

Taiwan-based makers’ server-related revenues are expected to climb 7.6% on year in 2021, buoyed by growing demand from cloud service operators, while global server shipments will pick up 5.6% on year.DIGITIMES is offering an early bird discount of 25% from the list price of the report for subscribers who order before February 4. Source: Global […]

The world is dangerously dependent on Taiwan for chips 

As China pushes the world to avoid official dealings with Taiwan, leaders across the globe are realizing just how dependent they have become on the democratic nation.Taiwan is being courted for its capacity to make leading-edge computer chips. That is mostly down to Taiwan Semiconductor Manufacturing Co, the world’s largest foundry and go-to producer of […]

DARPA asks industry for linear accelerator bomb disposal package inspection solutions

ARLINGTON, Va. – U.S. military researchers are asking industry to develop a rugged, compact and deployable electron linear accelerator for remote bomb disposal and detonation, mobile imaging and inspection, sterilization of food and surfaces, and mobile medical applications. Source: linear accelerator bomb disposal package inspection | Military & Aerospace Electronics

Raytheon fears Biden will cancel $500M arms sale to Saudi Arabia

The Biden administration will cancel a $500 million sale of bombs to a US ally – believed to be Saudi Arabia – the CEO of a major defense contractor predicted on Tuesday. Source: Raytheon fears Biden will cancel $500 million arms sale to Saudi Arabia, report says