Posts from ExecutiveBiz for 03/28/2018

Thales Initiates All-Cash Offer to Acquire Gemalto

Thales has launched an all-cash offer to acquire all shares of Gemalto for approximately $63.2 per share plus dividend under a merger agreement announced in December 2017. “The publication of the offer document is the first major step of the proposed acquisition of Gemalto,” Patrice Caine, Thales chairman and CEO, said in a statement published Tuesday…
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L3, Microsoft Enter Azure Cloud Computing Agreement; Christopher Kubasik Comments

L3 Technologies and Microsoft have signed a five-year strategic collaboration agreement that lets L3 use the Azure Government cloud platform to optimize its information technology processes worldwide…
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Speedcast Joins Group of Iridium Certus Broadband Service Providers

Iridium Communications and Speedcast have entered an agreement that authorizes the latter to offer Iridium’s Certus satellite broadband service for land-based mobile operations. Certus is designed to deliver real-time vehicle tracking, internet, phone and data transfer support for on-the-move vehicles, assets and teams, Iridium said Tuesday…
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Boeing’s Leanne Caret Speaks at Defense Technology & Security Conference

Leanne Caret, CEO of Boeing’s defense, space and security business, took part in a panel discussion at the Defense Technology and Security Conference organized by Saudi Arabian Military Industries in Washington, D…
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Switzerland Outlines Requirements for New Combat Aircraft, Ground-Based Air Defense System

Switzerland has unveiled a list of specifications for the country’s future combat aircraft and ground-based air defense system. The Swiss defense department said Friday its NKF combat aircraft should be able to protect the Swiss airspace and perform routine air policing missions continuously…
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Bob Pragada: Jacobs to Continue Military Construction Support in NAVFAC SW Region

Jacobs Engineering Group (NYSE: JEC) will continue to support construction projects at military installations across the Naval Facilities Engineering Command’s southwest area of responsibility through a five-year, $99 million contract awarded to its joint venture with EwingCole…
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NASA Moves Webb Telescope Launch to May 2020

NASA has pushed back from 2019 to May 2020 the launch of its James Webb Space Telescope to give the program’s engineers more time to test and integrate the telescope and spacecraft components. “All the observatory’s flight hardware is now complete, however, the issues brought to light with the spacecraft element are prompting us to take the necessary steps to refocus our efforts on the completion of this ambitious and complex observatory,” Robert Lightfoot, acting NASA administrator, said in a statement published Tuesday…
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Lockheed to Help Army Mature Combat Vehicle Protection System

Lockheed Martin has received a 16-month, follow-on contract to help the U.S. Army  advance the development of software and hardware for an armored ground vehicle protection technology. The company said Tuesday it will collaborate with the Army’s Tank Automotive Research, Development and Engineering Center to mature the Modular Active Protection System controller kit…
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Raytheon, Army Collaborate on Air & Missile Defense Sensor Program Review

Raytheon and the U.S. Army have completed a program and technical assessment for the service branch’s Lower Tier Air and Missile Defense Sensor. The program team aims to determine optimal frequency band, prime power, resiliency, reliability and maintainability requirements for LTAMDS, Raytheon said Tuesday…
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Report: SAMI Eyes Saudi Arabia Fleet Support MoU With Boeing

State-owned defense company Saudi Arabian Military Industries plans to sign a memorandum of understanding with Boeing for fleet training and support services, Reuters reported Wednesday. The non-binding agreement will come as Saudi Arabia aims to localize half of the country’s military sector by 2030…
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CTC to Develop Metallic Component Manufacturing Tech for Navy; Ed Sheehan Comments

Concurrent Technologies Corp. has received a potential four-year, $6.4 million contract to develop additive manufacturing technology for the U.S. Navy to build metal-based parts for air, sea and ground platforms…
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VIDEO: Cool Jobs: Marine Firefighter

Take a quick inside look into the life of a Marine Corps firefighter! “It’s the coolest thing ever!” This Marine’s job in the Marines is to fight fires on planes and to rescue pilots and crew. #KnowYourMil
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