Brazil sets up fund for Army’s armored vehicle, missile capabilities

On the same subject

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  October 2, 2019 | International, C4ISR

  INVISIO Awarded Five-Year Framework Agreement for up to SEK 290 Million From the U.S. Department of Defense

  STOCKHOLM, October 1, 2019 /PRNewswire/ - INVISIO has been awarded a five-year IDIQ (Indefinite Delivery, Indefinite Quantity) contract from the U.S. Department of Defense for communication and hearing protection systems. The framework agreement is for up to SEK 290 million over the time period, but no volumes are guaranteed. The Department of Defense has awarded INVISIO a five-year framework agreement for the supply of advanced communications and hearing protection systems to American troops. The maximum order value of the agreement over the five-year time period is USD 30 million, equivalent to approximately SEK 290 million. This is the second time the Department of Defense has awarded INVISIO a long-term contract. The new contract replaces the first one received in 2017 which expired earlier this year. The INVISIO systems provide enhanced communication capabilities in noisy environments while protecting the users hearing, which gives operational benefits and increased tactical advantages including improved situational awareness for the users. "We are very proud of receiving a new long-term contract with the U.S. Department of Defense. This contract and the size of it, together with our other U.S.-engagements confirms our market leading position", says Lars Højgard Hansen, CEO, INVISIO Communications. For more information, please contact: Lars Højgard Hansen CEO INVISIO Communications Mobile: +45-53-72-7722 | E-mail: lhh@invisio.com Michael Peterson Director IR & Corporate Communication INVISIO Communications Mobile: +45-53-72-7733 | E-mail: mpn@invisio.com This information is information that INVISIO Communications AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the CEO, on October 1, 2019, at 08:30 CEST. About INVISIO Communications AB (publ) INVISIO develops and sells advanced communication systems with hearing protection that enable professionals in noisy and mission critical environments to communicate and operate effectively. The company combines insights in acoustics and human hearing with broad engineering know-how in software, materials technology and integration. Sales are primarily via a global network of partners and resellers, as well as from the headquarters in Copenhagen and the sales offices in the USA, France and Italy. INVISIO's registered office is in Stockholm, Sweden, and the company's share is listed on Nasdaq Stockholm (IVSO). Read more on the company's website, www.invisio.com. This information was brought to you by Cision http://news.cision.com https://news.cision.com/invisio-communications-ab/r/invisio-awarded-five-year-framework-agreement-for-up-to-sek-290-million-from-the-u-s--department-of-,c2921729

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  June 13, 2019 | International, Other Defence

  Northrop Grumman awarded $958M contract for radar system

  By: Kelsey Reichmann The Marine Corps awarded Northrop Grumman a $958 million contract for an advanced radar system that will aid in air defense. The system, the Gallium Nitride-based (GaN) AN/TPS-80 Ground/Air Task-Oriented Radar known as G/ATOR, is a multi-mission radar that provides real time, 360-degree situational awareness to identify and track missiles, manned and unmanned aircraft vehicles, rockets, mortars, and artillery fire. The Corps first received the system in July 2018. This contract will provide an additional 30 units. “G/ATOR is a crucial capability that protects our warfighters and defends against today's threat environment and the threat environment of the future,” Christine Harbison, vice president, land and avionics C4ISR, Northrop Grumman, said in a press release. “We are excited to reach the full-rate production decision and continue providing advanced multi-mission functionality that meets our customer's mission needs, protects the warfighter in a rapidly changing threat environment, and has significant margin for capability growth.” The G/ATOR is expected to eliminate five systems, which will in turn reduce training, logistics and maintenance costs. The need for this system stems from the shift in necessary air defense as ballistic missile threats are rising. https://www.c4isrnet.com/battlefield-tech/2019/06/12/northrop-grumman-awarded-958m-contract-for-radar-system/

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  February 18, 2021 | International, Aerospace

  Swedish defense leaders push Saab’s Gripen offer for Finland

  Five vendors from the United States and Europe are expected to deliver their best and final offers for the $12 billion Finnish HX program by the end of April.