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Intermarine (IMMSI GROUP) and Leonardo: contract signed with the Italian Directorate of Naval Armaments for the procurment of new generation minehunters for the Italian Navy

I ntermarine S.p.A. (IMMSI industrial group – IMS.MI) and Leonardo S.p.a. (LDO.MI) - in the form of a Temporary Grouping of Companies – entered into a contract with the Directorate of Naval Armaments �of the General Secretariat of Defence and National Armaments Directorate� for the procurement of Vessels for research and clearance of sea mines - New Generation Minehunters/Coastal �(NGM/C) and related integrated logistical support, for a value of� 1.6 billion euros, for the delivery of 5 Ve...

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Northrop Grumman Releases Second Quarter 2024 Financial Results

Northrop Grumman Corporation (NYSE: NOC) has released its second quarter 2024 financial results. A copy of the earnings release has been furnished in the company's Form 8-K filing and is also available on the company's investor relations website at� http://investor.northropgrumman.com. As previously announced, Northrop Grumman will webcast its earnings conference call at 9 a.m. Eastern time today. A live audio broadcast of the conference call will be available on� http://investor.northrop...

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Lockheed Martin Sikorsky Advances to Next Phase of Next Generation Rotorcraft Capability Program

The NATO Support and Procurement Agency (NSPA) has awarded Lockheed Martin Sikorsky a contract award to study integrated platform concepts that could fulfill NATO's next generation rotorcraft requirements through its� Next Generation Rotorcraft Capability (NGRC) program. “Sikorsky is ready to design a rotorcraft prototype for NATO's NGRC concept study to support defense and deterrence for an ever-changing global environment. �Years of investment and rigorous flight testing with multiple X...

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Mitsubishi Electric Contracted with RTX's Raytheon for U.S. Navy Radar Production

Mitsubishi Electric Corporation �(TOKYO: 6503) announced�that it has engaged with Raytheon, an RTX (NYSE: RTX) business to supply components of the SPY-6(V) radar for U.S. Navy vessels. The Raytheon-built SPY-6(V) family of radars is the most advanced radar technology in production today. It is projected to be deployed on 65 U.S. Navy ships over the next 10 years to defend against various threats. This contract with Raytheon will enable Mitsubishi Electric to begin preparations on the pr...

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NASA Sponsors New Research on Orbital Debris, Lunar Sustainability

As part of NASA's commitment to foster responsible exploration of the universe for the benefit of humanity, the Office of Technology, Policy, and Strategy (OTPS) is funding space sustainability research proposals from five university-based teams to analyze critical economic, social, and policy issues related to Earth's orbit and cislunar space. The new research awards reflect the agency's commitment identified in NASA's Space Sustainability Strategy to ensure safe, peaceful, and respons...

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Boeing, Antonov to Collaborate on Defense Projects

Boeing [NYSE:BA] and Antonov Company today signed a Memorandum of Understanding to explore opportunities to collaborate on defense-related projects. “We're pleased to continue working with the Antonov Company to support Ukraine development and economic growth,” said Ted Colbert, president and CEO of Boeing Defense, Space & Security. “This agreement demonstrates our ongoing efforts to find more opportunities to work with Ukrainian industry, which was underscored by our signing of the Ukrai...

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Lockheed Martin Awarded Contract to Develop Artificial Intelligence Tools for DARPA

Lockheed Martin (NYSE: LMT) has been awarded a $ 4.6 million contract by the Defense Advanced Research Projects Agency (DARPA) to develop� Artificial Intelligence �(AI) tools for dynamic, airborne missions as part of its Artificial Intelligence Reinforcements (AIR) program. This project aims to provide advanced Modeling and Simulation (M&S) approaches and dominant AI agents for live, multi-ship, beyond visual range (BVR) missions.�It is a critical step in prioritizing and investing in break...

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Bombardier Statement Regarding Aerostructures Produced by Spirit Aerosystems

Bombardier expects its supply contracts to be maintained to the highest standards of quality and performance. The company remains actively engaged with Spirit as part of ordinary course of business under existing contracts. About Bombardier At Bombardier (BBD-B.TO), we design, build, modify and maintain the world's best-performing aircraft for the world's most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding custom...

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Boeing Delivers First CH-47F Block II Chinook Aircraft to U.S. Army

In support of ongoing U.S. Army modernization efforts, Boeing [NYSE: BA] delivered the first CH-47F Block II Chinook. The aircraft is one of up to 465 in the Army's fleet that will be modernized to the new Block II configuration. “The CH-47F Block II provides capability improvements allowing the U.S. Army to lift more, fly farther and maintain their aircraft better than ever before,” said Heather McBryan, vice president and program manager, Cargo Programs. “This modernization program ena...

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Cosmic Shielding Corporation Provides Advanced Shielding for Nvidia AI Hardware on Upcoming SpaceX Launch

- - • The launch marks the first time the Nvidia Jetson Orin NX compute module goes into space - • Cosmic Shielding was tapped for this project due to its unique ability to deliver on-orbit shielding for this type of equipment - • Making AI-enabled chips viable in space paves the way for data centers in space and major cost savings for satellite operators - - - ​Cosmic Shielding Corporation (CSC), providers of the world's leading space radiation shielding technologies, will be...

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NASA Stennis Achieves Primary Success for Historic In-Space Mission

NASA's Stennis Space Center and partner Sidus Space Inc. announced primary mission success for the center's historic in-space mission – an autonomous systems payload aboard an orbiting satellite. “Our ASTRA (Autonomous Satellite Technology for Resilient Applications) payload is active and operational,” NASA Stennis Center Director John Bailey said. “This is an incredible achievement for Stennis, our first-ever in-space mission flying on a new state-of-the-art satellite. We are all celebra...

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Last segment blank of the world's largest telescope mirror successfully delivered

The European Southern Observatory's Extremely Large Telescope (ESO's ELT), under construction in the Chilean Atacama Desert, is one step closer to completion. German company SCHOTT has successfully delivered the blank for the last of the 949 segments commissioned for the telescope's primary mirror (M1). With a diameter of more than 39 metres, M1 will be by far the largest mirror ever made for a telescope. Too large to be made from a single piece of glass, M1 will consist of 798 hexagona...

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Boeing Completes F/A-18 Super Hornet Upgrade Ahead of Schedule

Boeing [NYSE: BA] has completed the upgrade and life extension of the first two service life modification (SLM) F/A-18 Block III Super Hornets, delivering them to the U.S. Navy one month ahead of schedule from St. Louis and two months ahead of schedule from San Antonio. The upgraded jets have the same capabilities as Super Hornets being delivered from Boeing's new-build production line. “Our success in meeting the accelerated timeline is proof our service life modification game plan is wo...

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