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February 27, 2024 | International, Land

Taser maker Axon forecasts full-year revenue above estimates

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  • Teledyne, FLIR merger brings deep space to deep-sea sensing tech under one roof

    May 20, 2021 | International, Aerospace

    Teledyne, FLIR merger brings deep space to deep-sea sensing tech under one roof

    Teledyne's $8.2 billion purchase of FLIR Systems could create a battlefield sensing and unmanned powerhouse.

  • Elbit Systems’ U.S. Subsidiary Awarded $200 Million Contract to Provide Artillery Systems

    March 18, 2020 | International, Land

    Elbit Systems’ U.S. Subsidiary Awarded $200 Million Contract to Provide Artillery Systems

    Haifa, Israel, March 15, 2020 – Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (“Elbit Systems” or “the Company”) announced today further to the Company's announcement dated March 27, 2019, that its U.S. subsidiary, Elbit Systems of America, LLC, was awarded a $200 million contract as part of the Israeli Ministry of Defense (IMOD) automatic self-propelled howitzer gun systems program. The contract will be performed over a 12-year period. About Elbit Systems Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land, and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links, communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems. For additional information, visit: https://elbitsystems.com/ , follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels. Contacts: Company Contact: Joseph Gaspar, Executive VP & CFO Tel: +972-4-8316663 j.gaspar@elbitsystems.com Rami Myerson, Director, Investor Relations Tel: +972-77-2946403 rami.myerson@elbitsystems.com David Vaaknin, VP, Brand & Communications Tel: +972-77-2946691 david.vaaknin@elbitsystems.com IR Contact: Ehud Helft Gavriel Frohwein GK Investor Relations Tel: 1-646-688-3559 elbitsystems@gkir.com View source version on Elbit Systems Ltd: https://elbitsystems.com/pr-new/elbit-systems-u-s-subsidiary-awarded-200-million-contract-to-provide-artillery-systems/

  • Northrop Grumman Awarded DARPA Gamebreaker Contract

    August 14, 2020 | International, C4ISR, Security

    Northrop Grumman Awarded DARPA Gamebreaker Contract

    Linthicum, Md. – August 12, 2020 – Northrop Grumman Corporation (NYSE: NOC) was recently awarded a contract from the U.S. Defense Advanced Research Projects Agency (DARPA) Strategic Technology Office (STO) for the Gamebreaker program. This innovative program seeks to develop and apply artificial intelligence (AI) to existing real-time strategy games to break a complex model or create an imbalance. Northrop Grumman will use this opportunity to evaluate and develop technology to improve flexible planning, optimization and discovery in products that operate dynamic environments. “Using AI to exploit engagement models can help to enable intelligent systems that could in turn enhance military strategy,” said Susan Wilson, director, intelligent mission capabilities and advanced technology laboratory, Northrop Grumman. “We are exploring how we may be able to use this methodology in the future.” Northrop Grumman's Gamebreaker team includes Hazardous Software and Slitherine Software's Matrix Games. Working closely together, this partnership will use advanced AI techniques to model and break balance within a highly complex simulator environment called “Command: Modern Operations”. “Hazardous Software Inc. (HSI) is excited to continue our partnership with Northrop Grumman,” said Christopher Hazard, CEO, Hazardous Software. “Building upon our 13 years of history modeling dynamic adversarial scenarios and leveraging the Diveplane machine learning platform, HSI's approach to Gamebreaker complements Northrop Grumman's longstanding experience and technology capabilities.” “Command Professional Edition is the only wargame being analyzed by DARPA in the Gamebreaker program,” said Iain McNeil, CEO, Slitherine Software. “We are very interested to see how the AI behaves and if it manages to identify loopholes that need assessment, or it comes up with innovative strategies that are applicable to the real world.” Hazardous Software Inc. (HSI) creates technology that enables and incentivizes people to operate strategically in uncertain environments, regardless of whether it is a game, a simulation, or a real-life event. HSI leverages its unique capabilities in counterfactual reasoning and through understandable artificial intelligence via its relationship with Diveplane Corporation, a company it spun out in 2017. Matrix Games specializes in COTS physics-based simulations and strategy video games. Through careful research and development, commercial simulations are turned into modern and powerful programs that are able to replicate complex military operations, from tactical and operational to analytical. Matrix Games, utilizing the Flashpoint Campaigns Sim, has now been appointed to year 2 of the ATHENA Prototype Project by DEFENSE ENERGY CENTER OF EXCELLENCE (NSTXL) on behalf of the United States Army Future Studies Group. The company is also a “single source” contractor and research and development supplier of the UK Defence Science and Technology Laboratory (Dstl). Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Our 90,000 employees define possible every day using science, technology and engineering to create and deliver advanced systems, products and services. View source version on Northrop Grumman: https://news.northropgrumman.com/news/releases/northrop-grumman-awarded-darpa-gamebreaker-contract

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