Contracts for April 5, 2021

On the same subject

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  July 19, 2019 | International, Land, Other Defence

  OSI Systems Awarded $8 Million Contract for Cargo and Vehicle Inspection Systems

  HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $8 million by a U.S. government customer to provide cargo and vehicle inspection systems. OSI Systems' Chairman and CEO, Deepak Chopra, stated, “We are pleased to receive this award and look forward to delivering our advanced technology solutions that are designed to provide enhanced imaging to help identify impermissible items.” About OSI Systems OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems or its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems' current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems' control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems' future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in OSI Systems' most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission. SOURCE: OSI Systems, Inc. https://www.businesswire.com/news/home/20190717005233/en

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  June 17, 2019 | International, Other Defence

  Here’s how many nuclear warheads exist, and which countries own them

  By: Kelsey Reichmann WASHINGTON — The number of warheads has decreased over the past year, even as countries continue to modernize their nuclear forces, according to an annual assessment of global nuclear arms. The Stockholm International Peace Research Institute released the SIPRI Yearbook 2019 on the current state of armaments, disarmament and international security. The report found that 13,865 warheads in existence at the start of 2019 were owned by nine nations: the United States, Russia, the United Kingdom, France, China, India, Pakistan, Israel and North Korea. The year before hosted an arsenal of 14,465 warheads. “A key finding is that despite an overall decrease in the number of nuclear warheads in 2018, all nuclear weapon-possessing states continue to modernize their nuclear arsenals,” Jan Eliasson, SIPRI Governing Board chair ambassador and former deputy secretary-general of the United Nations, said in a news release. The U.S. and Russia were the only nations that decreased their warhead inventory, by 265 and 350 respectively, according to the report. The U.K., China, Pakistan, North Korea and possibly Israel all increased their number of warheads, SIPRI found. India and France saw no changes to the size of their arsenals. One big cause of the decrease in arsenal size, according to SIPRI, is the implementation of the New START Treaty between the U.S. and Russia, meant to reduce and set limits on ballistic missiles. The two nations produce more than 90 percent of the world's nuclear arms. The U.S. and Russia announced in 2018 that they had met the limits of the New START Treaty. But if an extension is not implemented, the treaty will expire in 2021. What's the United States up to? The U.S. is in the process of modernizing its nuclear arsenal per the Trump administration 2018 Nuclear Posture Review, which put forth measures to continue a modernization program started by the Obama administration. However, the NPR moves away from reducing nuclear weapons and instead sets a plan to develop new versions while and modifying others. The U.S. hopes to achieve its goals by expanding nuclear options to include low-yield nuclear weapons, which will expand capabilities associated with submarine-launched ballistic missiles. This would add to a U.S. arsenal that already contains 1,000 gravity bombs and air-launched cruise missiles with low-yield warhead options, according to the SIPRI report. The NPR claims these new capabilities are necessary without evidence that the existing arsenal is insufficient. The SIPRI report notes that America's focus on its nonstrategic nuclear arsenal could push other nations in that same direction. Where does Russia stand? “Russia's decisions about the size and composition of its non-strategic nuclear arsenal appear to be driven by the USA's superiority in conventional forces and not by the US non-strategic nuclear arsenal or by weapons yield," according to the SIPRI report. "Instead, pursuit of a new [submarine-launched cruise missile] to ‘provide a needed non-strategic regional presence' in Europe and Asia could — especially when combined with the parallel expansion of US long-range conventional strike capabilities — strengthen Russia's reliance on non-strategic nuclear weapons and potentially could even trigger Chinese interest in developing such a capability,” the report adds. SIPRI data shows Russia has about 4,330 nuclear warheads; approximately 1,830 of them are categorized as nonstrategic. In 2018, Russia continued long-range operations over the Arctic, Atlantic and Pacific oceans. And in December, it also sent to Venezuela two Tu-160 planes, which are part of its long-range aviation command fleet. Russia also fired air-launched cruise missiles from a Tu-160 bomber over northern Russia in November, which caught attention because the number of cruise missiles launched. Meanwhile, in China, India and Pakistan ... China has an estimated 290 nuclear warheads. Though China is working to expand its nuclear forces, the report notes, it has said it's committed to a no-first-use policy. However, the report added that China has taken steps to improve its retaliation response. Rivals India and Pakistan each provide little information about the size of their nuclear arsenals. However, they have made separate statements about missile tests. India has an estimated 130-140 warheads, and Pakistan has an estimated 150-160 warheads. Both nations are estimated to have increased their arsenal by 10 to 20 warheads in the last year. North Korea has provided little transparency about it nuclear weapons capabilities, besides announcing missile tests afterward. It's estimated the country has 20-30 warheads, which would be an increase of 10-20 warheads from a 2018 estimate. The SIPRI report cites a lack of transparency from most nations in regard to nuclear stockpiles. The U.S., the U.K. and France have disclosed some information about their respective arsenals. Information from other nations is mainly based on missile tests and the supply of military fissile materials. https://www.defensenews.com/global/2019/06/16/heres-how-many-nuclear-warheads-exist-and-which-countries-own-them/

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  January 30, 2019 | International, C4ISR

  How the intel community could use machines and AI

  By: Mark Pomerleau The intelligence community has unveiled its multi-pronged plan to compete in the increasingly digital and data-centric world. The strategy, titled “Augmenting Intelligence using Machines (AIM)” and released Jan. 16, outlines how the intelligence community will adjust its investments, personnel and practices to better incorporate associated technologies “To meet its vision of ensuring intelligence advantage, the IC must adapt to the rapid global technological democratization in sensing, communications, computing, and machine analysis of data,” Sue Gordon, principal deputy director of national intelligence, said in the document. “These trends threaten to erode what were previously unique [IC] capabilities and advantages; going forward, we must improve our ability to analyze and draw conclusions from IC-wide data collections at scale.” During remarks at an August 2018 conference, Gordon said she wants the strategy to help focus on what the IC is trying to achieve rather than the technologies that they use.She described the need for getting machines as partners to help derive intelligence as one of the two most existential threats facing the community. The strategy lists four primary investment objectives ranked chronologically. They include: - Immediate and ongoing needs: Creating digital foundations, data and science and technical intelligence. - Short-term needs: Adopting commercial and open source narrow AI solutions, which are AI solutions that are designed with very specific tasks and functions. - Medium-term needs: Make investments in the gaps such as AI assurance and multimodal AI. - Long-term needs: Make investments in basic research focused on sense-making. The strategy notes that the “IC must be willing to rethink or abandon processes and mechanisms designed for an earlier era, establish disciplined engineering and operations practices, and maintain an absolute focus on assuring advantage in an intensely competitive global adversarial environment.” However, it also warns that artificial intelligence and associated technologies are not a panacea or a substitute for creating a digital foundation. Instead, the intelligence community must understand how AI algorithms may succeed and fail. The strategy also aims to bring together disparate efforts in artificial intelligence, process automation, and IC officer augmentation as a way to match investments in AI and data from other countries. One example includes the use of such technologies to create forgeries of audio and video, often referred to as deepfakes, which could lead to difficulties in deciphering fact from fiction. Gordon said in August that the National Geospatial-Intelligence Agency is using AI to automate image processing and the National Reconnaissance Office is using artificial intelligence tools to automate analysis of streaming multi-intelligence data for detecting activity and automating tasks of scarce and expensive collection resources. The strategy also focuses on the workforce. It notes that it is much more than technology and implementing the strategy will entail addressing workforce challenges and understanding and shaping the policies and authorities governing how the IC deploys and uses AI. https://www.c4isrnet.com/c2-comms/2019/01/28/how-the-intel-community-could-use-machines-and-ai