Press Releases

Planet Labs PBC a leading provider of daily data and insights about Earth, today announced its fully owned subsidiary, Planet Labs Federal Inc., was awarded a seven-figure contract by the Naval Information Warfare Center (NIWC) Pacific for vessel detection and monitoring over key areas of interest throughout the Pacific. The project will integrate both Planet’s daily, global PlanetScope data and high-resolution SkySat data into the Department of Transportation’s SeaVision platform

Pacific Defense, a leading provider of adaptive Modular Open Systems Approach (MOSA) products and mission solutions, was recently awarded a $17.4M contract by the Office of Naval Research (ONR) to demonstrate advanced algorithms and software that reconfigures distributed battlefield sensors enabling delivery of multi-function effects from devices deployed at the tactical edge. The edge devices will be built from Sensor Open Systems Architecture (SOSA) aligned hardware and software to provide

Iridium Communications Inc., a leading provider of global voice and data satellite communications, today announced that it had entered into an agreement to acquire Satelles, Inc., the leader in highly secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems. The service, named Satellite Time and Location (STL), is an easy-to-adopt, highly secure solution that increases the efficiency and reliability of timing systems for digital infrastr

Pratt & Whitney, an RTX business, today announced that Icelandair has selected GTF engines to power up to 35 new Airbus A320neo family aircraft, comprising a mix of leased and purchased A321XLR and A321LR aircraft. With this order, Icelandair becomes a first-time GTF customer. The airline has also selected an EngineWise® agreement for the long-term maintenance, repair and overhaul of its GTF engines. Pratt & Whitney will provide support to facilitate smooth entry into service and

AAR CORP a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it has completed its acquisition of Triumph Group's (NYSE: TGI) Product Support business.  Triumph Group's Product Support business is a leading global provider of specialized maintenance, repair, and overhaul capabilities for critical aircraft components in the commercial and defense markets. AAR previously announced on December 21, 2023, that i

NASA and the American Center for Manufacturing and Innovation (ACMI) signed an agreement Thursday, Feb. 29 to lease underutilized land in a 240-acre Exploration Park at the agency's Johnson Space Center in Houston. ACMI will enable the development of facilities to enable commercial and defense space manufacturing.   The agreement is the second such public/private lease agreement to allow industry and academia to use NASA Johnson land to create facilities for a collaborative

BAE Systems has been selected by the Space Systems Command (SSC) Space Enterprise Consortium (SpEC) to provide a prototype ground system for the U.S. Space Force's SSC Future Operationally Resilient Ground Evolution Command and Control (FORGE C2) project. The goal of the FORGE C2 effort is to evolve the current ground architecture, leveraging newer technologies and architecture approaches. BAE Systems will integrate proven capabilities into a prototype ground system that will al

Triumph Group, Inc. today announced that its Geared Solutions business in Macomb, Michigan has been awarded a long term agreement from MD Helicopters to manufacturer and assemble main rotor gearbox transmissions for the MD500 platforms. TRIUMPH has supported MD Helicopters for over two decades, producing over 400 gearboxes for this program. With this contract extension, TRIUMPH will continue to supply helicopter transmissions and transmission spare parts for the MD500 program. "

Electro Rent, the global leader in test and measurement equipment rental solutions and services today announced a distribution agreement with VIAVI Solutions, a global leader in communications test and measurement and optical technologies. This agreement enables Electro Rent to sell new VIAVI test instruments in North America, including fiber optics, optical transport, antenna, and wireless field equipment. Therefore, Electro Rent customers are now able to purchase new VIAVI equipme

Eclypsium, the leader in digital supply chain security for enterprise hardware, firmware and software infrastructure, and Second Front Systems (2F), whose mission is to accelerate delivery of emerging technology to U.S. and Allied warfighters, today announced their strategic partnership. Together, they will provide increased security assurance and scalability to all components of Department of Defense (DoD) devices. Eclypsium’s Supply Chain Security Platform will be deployed t

NASA and Intuitive Machines will co-host a televised news conference at 2 p.m. EST Wednesday, Feb. 28, from the agency's Johnson Space Center in Houston to highlight the company's first mission, known as IM-1. The lander, called Odysseus, carried six NASA science instruments to the South Pole region of the Moon as part of the agency's Commercial Lunar Payload Services (CLPS) initiative, and Artemis campaign. The IM-1 mission is the first U.S. soft landing on the Moon in

Collins Elbit Vision Systems (CEVS) – a joint venture between Collins Aerospace, and Elbit Systems of America (Elbit America) – announced today that it has delivered the 3,000th F-35 Gen III Helmet Mounted Display Systems (HMDS) to the Joint Strike Fighter. Collins Aerospace is an RTX (NYSE: RTX) business. The F-35 Gen III HMDS is the world's most advanced helmet-mounted display system. Its next-generation user interface serves as a pilot's primary display system

Ducon Infratechnologies Limited Ducon & deltaVision join forces to provide innovative fluid control solutions pertaining to rocket fuel propulsion systems and Hydrogen fuel delivery systems for the Indian market. The collaboration will comprise co-developments and domestic industrialization and manufacturing of embedded products to feed the emerging Indian markets in the hydrogen & aerospace value chain. An MoU on a joint venture undertaking was signed by both parties in the frame of

The Board of Directors of L3Harris Technologies (NYSE:LHX) approved an increase in the company’s per share quarterly cash dividend rate from $1.14 to $1.16 commencing with the dividend for the first quarter of the year, payable March 22, 2024, to shareholders of record as of the close of business on March 8, 2024. The dividend corresponds to an increase in the annualized rate from $4.56 to $4.64. “This represents the company’s 23rd consecutive annual dividend incre

General Radar Corporation, a US-based developer and manufacturer of high-resolution and long-range multi-mission Active Electronically Scanned Array (AESA) phased array radars, today announced the launch of a transformative and cost-effective solution to the traditional radar market. This launch reflects General Radar’s commitment to delivering a critical capability to detect and track an increasing number of airborne targets, including aircraft, drones, cruise missiles, balloons and em