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Latest Federal & Government Contracting Companies' News Coverage
The U.S. Army has concluded a series of qualification tests on a DRS Technologies-built target acquisition system. The service branch performed the tests on DRS’ Improved Bradley Acquisition Subsystem Block 2 platform at Redstone Arsenal, Alabama in January, DRS said Wednesday. DRS’ infrared sensors and systems business unit developed the IBAS Block 2 system. IBAS […] More
Raytheon expects to finalize a $750 million order of tube-launched, optically tracked, wireless-guided missiles from the government in the coming weeks. The multiyear deal will involve the delivery of close to 14,000 units of the weapons system to a U.S. ally under a foreign military sales agreement, Raytheon said Thursday. The missile system includes the […] More
Raytheon and Thales have entered into a development and production agreement to update the former’s tube-launched, optically tracked, wireless-guided, anti-armor weapon system, with Thales investing $20.2 million for the endeavor. Raytheon said Monday the collaboration will involve 27 months of design and development work and five years of production for two new missile subassemblies to boost system fuze […] More
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