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November 20, 2024 | International, Land, C4ISR, Security

AV to acquire BlueHalo in $4.1bn all-stock deal

AeroVironment (AV) has entered a definitive agreement to acquire BlueHalo in an all-stock transaction valued at approximately $4.1bn.

https://www.army-technology.com/news/aerovironment-to-acquire-bluehalo/

On the same subject

  • Booz Allen Hamilton wins massive Pentagon artificial intelligence contract

    May 19, 2020 | International, C4ISR, Security

    Booz Allen Hamilton wins massive Pentagon artificial intelligence contract

    Andrew Eversden Booz Allen Hamilton won a five-year, $800 million task order to provide artificial intelligence services to the Department of Defense's Joint Artificial Intelligence Center (JAIC). Under the contract award, announced by the General Services Administration and the JAIC on May 18, Booz Allen Hamilton will provide a “wide mix of technical services and products” to support the JAIC, a DoD entity dedicated to advancing the use of artificial intelligence across the department. The contracting giant will provide the JAIC with “data labeling, data management, data conditioning, AI product development, and the transition of AI products into new and existing fielded programs,” according to the GSA news release. “The delivered AI products will leverage the power of DoD data to enable a transformational shift across the Department that will give the U.S. a definitive information advantage to prepare for future warfare operations,” the release said. The contract will support the JAIC's new joint warfighting mission initiative, launched earlier this year. The initiative includes “Joint All-Domain Command and Control; autonomous ground reconnaissance and surveillance; accelerated sensor-to-shooter timelines; operations center workflows; and deliberate and dynamic targeting solutions,” said JAIC spokesperson Arlo Abrahamson told C4ISRNET in January. The joint warfighting initiative is looking for "AI solutions that help manage information so humans can make decisions safely and quickly in battle,” Abrahamson said. The award to Booz Allen Hamilton will push that effort forward, Lt. Gen. Jack Shanahan, the center's director, said in a statement. “The Joint Warfighting mission initiative will provide the Joint Force with AI-enabled solutions vital to improving operational effectiveness in all domains. This contract will be an important element as the JAIC increasingly focuses on fielding AI-enabled capabilities that meet the needs of the warfighter and decision-makers at every level," Shanahan said. DoD CIO Dana Deasy told Defense News in December that the JAIC would embark on its first lethality project in 2020, which Abrahamson said would be part of the joint warfighting initiative. According to an April blog post from the JAIC, the initiative's first RFP released in March included the ethical principles DoD adopted this year, an effort to quell concern about how the Pentagon uses artificial intelligence. The award to Booz Allen Hamilton was made by the GSA through its Alliant 2 Government-wide Acquisition Contract, a vehicle designed to provide artificial intelligence services to the federal government. The GSA and JAIC have been partners since last September, when the pair announced that they were teaming up as part of the GSA's Centers of Excellence initiative, a program meant to accelerate modernization with agencies across government. “The CoE and the JAIC continue to learn from each other and identify lessons that can be shared broadly across the federal space,” said Anil Cheriyan, director of the GSA's Technology Transformation Services office, which administers the Centers of Excellence program. “It is important to work closely with our customers to acquire the best in digital adoption to meet their needs.” https://www.c4isrnet.com/artificial-intelligence/2020/05/18/booz-allen-hamilton-wins-massive-pentagon-artificial-intelligence-contract

  • Turkey provides tax breaks, loans to attract investment in local defense programs

    April 24, 2018 | International, Aerospace, Land, C4ISR

    Turkey provides tax breaks, loans to attract investment in local defense programs

    By: Burak Ege Bekdil ANKARA, Turkey — In an effort to boost indigenous defense programs, Turkey is providing incentives, which include generous tax breaks, tax reductions and exemptions from import duties. The incentives include additional levies and soft loans. In just the first two months of 2018, the government incorporated 13 defense investment projects submitted by 12 companies into its incentives program. These investments are worth $350 million. The largest investment program benefiting from the incentives during the January/February time frame was Roketsan's new production line. The state-controlled missile maker's investment plan is worth $217 million. Military electronics specialist Aselsan, Turkey's largest defense company, has won incentives support for its new $35 million investment in electronic systems and new $40 million investment in aerial and missile systems. Official figures show a boom in private defense investment, too. According to the Ministry of Economy, $1.9 billion of defense investment by private companies will be subsidized by government incentives this year. These investment plans include a total of $220 million for armored vehicles, a laser gun and unmanned land vehicles; and $125 million in diesel tank engines by armored vehicle producer BMC, a Turkish-Qatari private joint venture. Private firm Most Makina will receive government incentives for its planned $385 million investment in steel equipment for defense systems. Turkish Aerospace Industries, or TAI, will invest $1.2 billion in its TF-X program, an ambitious plan for the design, development and production of Turkey's first indigenous fighter jet. TAI is developing the TF-X with BAE Systems. https://www.defensenews.com/industry/2018/04/16/turkey-provides-tax-breaks-loans-to-attract-investment-in-local-defense-programs/

  • The fight in Gaza will be hell, military experts in urban combat say

    October 21, 2023 | International, Aerospace, Naval, Land, C4ISR

    The fight in Gaza will be hell, military experts in urban combat say

    A ground offensive in Gaza promises to be long, brutal and costly.

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