LONDONDERRY, N.H.–(BUSINESS WIRE)–The U.S. Army has selected L3Harris Technologies’ (NYSE:LHX) Enhanced Night Vision Goggle – Binocular (ENVG-B) to enhance situational awareness and increase soldier mobility and protection.
Huntsville, Ala. – Oct. 9, 2020 – Lockheed Martin [NYSE: LMT] today announced the signing of a definitive agreement to acquire a portion of Integration Innovation Inc. (i3), a software and systems engineering company based in Huntsville, Alabama. The portfolio alignment between i3 and Lockheed Martin provides the opportunity to design and deliver hypersonic-specific technology solutions that benefit the warfighter.
REDSTONE ARSENAL, AL — Much like the first tank, the first helicopter, and the first radar undeniably changed warfare, the first hypersonic and laser weapons stand to do the same.Starting next year, combat units will begin to see these battlefield firsts, which are being executed by the Army Rapid Capabilities and Critical Technologies Office (RCCTO). Established to spearhead rapid prototyping efforts and deliver residual combat capabilities to Soldiers, the RCCTO is on pace to deliver strategic outcomes, and other emerging technologies, to ensure the Army and its Joint partners, can engage across all domains to deter and defeat near-peer threats.
The Defense Advanced Research Projects Agency (DARPA) launched its Electronic Resurgence Initiative (ERI) in 2017 with the intention of reshoring a domestic chip industry that has been moving steadily offshore for decades. Microelectronics are a foundational building block of most of our defense systems.
WASHINGTON – AMERGINT Technologies, Inc. in Colorado Springs, Colo., has completed the purchase of the Collins Aerospace space-based optics business from Raytheon Technologies Corp. C4ISRnet reports. Continue reading original article
WASHINGTON (AP) — The Air Force on Tuesday awarded a $13.3 billion contract for engineering and development work on a replacement for the Minuteman 3 missile, which has operated continuously for half a century as a key part of the nuclear force.
Lockheed Martin (LMT) has been one of the names I have been bullish on for some years. Admittedly, the stock price performance since I wrote my first report on Lockheed Martin has only outperformed the broader market by a few percent, but its total return has been strong and that’s realized by strong growth in the dividends. In turn, that ability to grow dividends is driven by a strong product complementary product portfolio and ongoing wins in the field.
WASHINGTON — The State Department has made a determination approving a possible Foreign Military Sale to the Government of Japan of thirty-two (32) AIM-120C-8 Advanced Medium Range Air-to-Air Missiles (AMRAAM) with support for an estimated cost of $63 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today.
SEOUL — Korea will double the number of F-35 stealth fighter jets it will buy from the United States, including variants that will operate on the country’s first aircraft carrier, according to military sources.
BAE Systems has completed its acquisition of the Collins Aerospace Military Global Positioning System business from Raytheon Technologies Corporation, bringing decades of experience, innovative technology, and an extensive installed base of products to the company.
WASHNGTON: After years of lower-power field tests and more than one thousand hours of soldier feedback, the Army is on track to field-test two different types of high-energy lasers in 2022: a 50-kilowatt weapon to destroy enemy drones and incoming artillery rockets, and a 300-kW weapon that could potentially shoot down cruise missiles.
WASHINGTON – Shipboard radar experts at Raytheon Technologies Corp. will continue supporting an expensive surface-search radar system for large U.S. Navy warships until a suitable replacement comes online, under terms of a $9.7 million order announced Friday.