Back to news

August 1, 2023 | International, Aerospace, Security, Other Defence

Defense firm Leidos raises annual revenue outlook on weapons demand

Leidos Holdings Inc on Tuesday raised its full-year revenue forecast as the defense contractor benefited from resilient weapons demand.

https://www.reuters.com/business/aerospace-defense/defense-firm-leidos-raises-annual-revenue-outlook-weapons-demand-2023-08-01/

On the same subject

  • Army set to scrap dozens of troop carriers — even as Ukraine pleads for more equipment | CBC News

    September 21, 2023 | International, Aerospace

    Army set to scrap dozens of troop carriers — even as Ukraine pleads for more equipment | CBC News

    The Canadian Army has dozens of older troop carriers it plans to send to the scrapheap this year — even though a private company has offered to refurbish them for use in Ukraine.

  • Reinventing Drug Discovery and Development for Military Needs

    November 30, 2018 | International,

    Reinventing Drug Discovery and Development for Military Needs

    Flying at 50,000 feet, diving deep in the ocean, or hiking for miles with gear through extreme climates, military service members face conditions that place unique burdens on their individual physiology. The potential exists to develop pharmacological interventions to help service members complete their toughest missions more safely and efficiently, and then recover more quickly and without adverse effects, but those interventions must work on complex physiological systems in the human body. They will not be realized under the prevailing system of drug discovery and development with its focus on engaging single molecular targets. DARPA created the Panacea program to pursue the means of rapidly discovering, designing, and validating new, multi-target drugs that work with the body's complexity to better support the physiological resilience and recovery of military service members. The premise of Panacea is that the physiological systems of the human body work in complex and highly integrated ways. Drugs exert effects on our bodies by physically interacting with and changing the functional state of biomolecules that govern the functions of cells and tissues. Most drugs target proteins, which are the principle cellular workhorses. Ideally, drugs would target multiple proteins simultaneously to exert precise, network-level effects. One major problem facing the drug development community is that the functional proteome — the complete collection of proteins and their roles in signaling networks — is largely dark to science. Despite being able to identify many of the proteins within a cell, researchers do not have a firm grasp on everything those proteins do and how they interact to affect physiology. Due to this sparsity of structural and functional knowledge, the state of the art in drug development — what Panacea seeks to transform — is to engage only a very small fraction of known protein targets to achieve an effect. In fact, today's approach to drug design singles out individual proteins in certain cells. That hyper-specificity is an attempt to minimize the risk of side effects and speed time to market, but it also yields a thin stream of drugs, many of which have similar mechanisms and relatively muted effectiveness compared to what might be achieved using a multi-target, systems-based approach. “The current roster of drugs approved by the U.S. Food and Drug Administration only targets about 549 proteins, yet the body can produce more than six million different protein variants,” said Tristan McClure-Begley, the Panacea program manager. “The opportunity space for pharmacological intervention is vast and effectively untapped, but to access it we need new technology for understanding and targeting the human functional proteome.” Panacea will address the lack of functional knowledge about the proteome. DARPA's call to the research community is to consider complex physiological conditions relevant to military service members — for instance, metabolic stress during extreme endurance missions or pain and inflammation after injury; investigate the molecular mechanisms underlying those conditions; identify multiple, key molecular targets involved; and develop novel medicinal chemistry approaches to synthesize interventions that modulate those targets. DARPA believes that multi-target drugs will deliver safer and more efficacious solutions to military requirements for readiness and recovery over state-of-the-art interventions. “Many of the most successful drugs produced in the past were found rather than made, and we knew what they did long before we knew how they did it,” McClure-Begley said. “To deliver improved interventions, we need to get to a place where we can investigate all of the potential proteins at play for a given condition and then prioritize sets of protein targets and signaling networks to effectively modulate physiological systems, regardless of what prior knowledge exists about those targets.” The Panacea program aims to generate initial proof of concept for this new direction in drug discovery and development. Research will primarily involve animal models, human cell derived organoids, and high-throughput cell culture models. However, to support eventual transition to humans, DARPA will work with federal agencies to develop a regulatory pathway for future medical use. By the end of the five-year program, DARPA will require teams to submit novel drug candidates to the U.S. Food and Drug Administration for review as an Investigational New Drug or for Compassionate Use. DARPA will hold a Proposers Day on December 14, 2018, in Arlington, Virginia, to provide more information about Panacea and answer questions from potential proposers. For details of the event, including registration requirements, visit https://go.usa.gov/xP6hD. A forthcoming Broad Agency Announcement will fully describe the program structure and objectives. https://www.darpa.mil/news-events/2018-11-28

  • Newport News shipyard wins $2.2 billion contract for Columbia-class submarine modules

    November 24, 2020 | International, Naval

    Newport News shipyard wins $2.2 billion contract for Columbia-class submarine modules

    By DAVE RESS NOV 23, 2020 AT 6:54 PM Newport News Shipbuilding won a $2.2 billion contract to build six module sections for each of the Navy's first two Columbia-class submarines. The contract was awarded by General Dynamics' Electric Boat division, which has worked in a partnership with Newport News building nuclear subs for the Navy for several years. Newport News is to deliver the completed modules to Electric Boat, which is responsible for final assembly of the boats, beginning in November 2022. The last module delivery is to occur by January 2028. Newport News is a major contractor and shipbuilding partner in the Columbia-class program. The shipyard began advance construction work on the first boat in May 2019, under contract to Electric Boat. The Columbia class will replace the fleet of Ohio-class ballistic missile submarines. The lead ship is scheduled to be delivered in 2027. “This contract continues NNS' longstanding and strong commitment to the Navy's undersea enterprise through the design and construction of major modules and assemblies necessary to achieve program objectives,” said Charles Southall, Newport News' vice president of Columbia-class Submarine Construction. The Navy has said it expects the 12 submarines will cost $109 billion. The shipyard, a division of Huntington Ingalls Industries, will handle about 22% of construction. To keep the Columbia program on track, Newport News is picking up a larger portion of the work it has long shared with Electric Boat on Virginia class submarines. Dave Ress, 757-247-4535, dress@dailypress.com https://www.pilotonline.com/business/shipyards/dp-nw-newport-news-submarine-contact-20201123-feybinswb5dhdgk3p3f37aaypy-story.html

All news