SD DEFENSE

Recent and archived news stories on: Arms, Contractors, Government, Military, Research, Development, Systems, Veterans...

Cubic Completes Sale of Global Defense Services

DEFENSE: Pentagon Policies Made Services Sector More Difficult to Operate InFacing ever-smaller margins in its U.S. military services business, Cubic Corp. has exited the space.

Military Radio Work Means Up to $42M for Viasat

Viasat Inc. said June 21 that it received a U.S. Air Force contract to sustain MIDS-LVT radios.

U.K. Acquisition Gives Viasat Market Intelligence

DEFENSE: Deal Part Of Viasat’s Growing Presence in Europe

In a bid to increase its international defense contracting business, Carlsbad’s Viasat Inc. bought Horsebridge Defence and Security of Cheltenham, England, closing the acquisition in early June. Terms of the deal were not disclosed.

Kratos Autonomous Vehicle Earns Its Stripes

Kratos Defense & Security Solutions Inc. announced June 21 that its unmanned vehicle technology received government approval to drive on the public highways.

Kratos Pulls in $2.6M Satellite Communications Deal

Kratos RT Logic received a $2.6 million U.S. government contract for satellite communications work.

Viasat Buys U.K. Firm

Viasat Inc. said June 13 that it acquired Horsebridge Defence and Security of Cheltenham, U.K.

Cubic Rings Closing Bell on Analyst Day

Executives with Cubic Corp. rang the bell and banged the gavel at the close of trading June 13 at the New York Stock Exchange.

Kratos Drone Deal Could Exceed $10M

Kratos Defense & Security Solutions Inc. said June 13 that its Unmanned Systems Division received an engineering services contract that could be worth as much as $10.2 million over five years.

Kratos Wraps Up Sale of Security Division

Kratos Defense & Security Solutions Inc. said on June 11 that it concluded the sale of its Public Safety & Security Division to Securitas Electronic Security Inc., part of Sweden-based Securitas AB.

Signal Jamming Contractor Lands Navy Work in San Diego

Phoenix Air Group Inc. will perform several million dollars worth of work in San Diego under a recent U.S. Navy contract modification.

Cubic Hires New Manufacturing and Procurement Executive

Cubic Corp. has named Jeffrey Blakeman as its vice president of manufacturing and procurement.

Cubic Completes Sale of Its Global Defense Services Unit

Cubic Corp. said on May 31 that it closed its sale of its Cubic Global Defense Services unit for approximately $135 million cash.

GA-ASI Kicks Up Desert Dust With First MQ-25 Engine Test

General Atomics Aeronautical Systems Inc. said it successfully tested the jet engine that will be at the heart of its carrier-based refueling aircraft design.