Posts from ExecutiveBiz for 06/01/2015

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Rakesh Sharma: Ultra Electronics to Buy Kratos Division in EW Market Push

Britain-based conglomerate Ultra Electronics has agreed to purchase Kratos Defense & Security Solutions‘ electronic products division for up to $265 million in cash in order to push further into the electronic warfare market…
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NASA Names Jacobs Prime Contractor for Ames Facilities Maintenance

A Jacobs Engineering Group (NYSE: JEC) subsidiary will provide facilities maintenance support to NASA‘s Ames Research Center in California as the prime contractor on a hybrid contract worth up to $228 million…
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State Dept Clears $130M Guided Bomb Unit Sale to UAE

The State Department has approved the United Arab Emirates’ request to purchase guided bomb units and related equipment from the U.S. under a potential $130 million foreign military sales contract. The UAE plans to use the guided munitions to address Houthi insurgency in Yemen and potential threats posed by the Islamic State in Iraq and the Levant, the Defense Security Cooperation Agency said Friday…
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Lockheed-Backed Lab, Armed Response Jointly Develop Outdoor Security System; Dave Furgal Comments

A laboratory run by Lockheed Martin’s Sandia subsidiary and Armed Response Team have collaborated to develop an outdoor security system. Sandia National Laboratories said May 19 it has configured and tested the security system through the state-funded New Mexico Small Business Assistance program, run by the New Mexico legislature in an effort to offer lab support to small businesses…
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Ashton Carter: Pentagon Wants Continued Security Cooperation with APAC Allies

Defense Secretary Ashton Carter has said the Pentagon is committed to expanding its security partnerships in the Asia Pacifc amid the U.S. military’s shift in focus to the region, DoD News reported Saturday…
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DARPA Program Seeks to Address Variability in Additive Manufacturing Processes; Mick Maher Comments

The Defense Advanced Research Projects Agency has launched a program to study differences in manufacturing methods to help accelerate the development of three-dimensional printing technologies and other additively manufactured systems…
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