Babcock secures MOD gun system automation contract

Sur le même sujet

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  19 juin 2019 | International, Autre défense

  ngility, an SAIC Subsidiary, Selected for $106 Million Defense Intelligence Agency Contract

  RESTON, Va.--(BUSINESS WIRE)--The Defense Intelligence Agency's National Media Exploitation Center awarded Engility Corp, a subsidiary of Science Applications International Corp. (NYSE: SAIC), a single-award, indefinite-delivery, indefinite-quantity contract worth potentially $106 million. As part of the new contract, SAIC will continue to provide media management and analysis work, and will expand these services to include all of the DIA Science and Technology Directorate. “Partnering with the DIA is a privilege we take seriously,” said Michael LaRouche, executive vice president and general manager of SAIC's National Security Customer Group. “Expanding our services to the entire Science and Technology Directorate offers our team of intelligence and data analytics experts a great opportunity to bring value and technological innovation to even more missions.” The IDIQ carries a potential 10-year period of performance. The contract supports NMEC's training, document and media management, program support, and related intelligence operations. The team assists NMEC with document and media exploitation processes like data acquisition, ingest, processing, reporting, and timely dissemination to ensure the chain of command is immediately informed of any changes or developments based on media gathered by the U.S. military and intelligence community. The contract award comes on the heels of SAIC's $2.5 billion acquisition of Engility, completed in January 2019, as part of its strategy to expand its intelligence community portfolio. About SAIC SAIC® is a premier technology integrator solving our nation's most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions. We are 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $6.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom. Forward-Looking Statements Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management's Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC's website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC's expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others. https://www.businesswire.com/news/home/20190619005487/en

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  14 février 2024 | International, Terrestre

  Pentagon launches six satellites to boost missile tracking capability

  The satellites represent a portion of a broader Space Force plan to strengthen its missile warning and tracking capabilities against increasing threats.

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  9 novembre 2018 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

  US defense industry pushes back on White House’s proposed $33B budget cut

  By: Joe Gould and Aaron Mehta WASHINGTON — The American defense industry is warning that defense cuts proposed by the Trump administration could undermine the Pentagon's efforts to modernize the military and address threats from Russia, China, Iran, North Korea and transnational terrorism. The Aerospace Industries Association, with the weight of the country's large and small defense firms behind it, issued a statement Thursday warning President Donald Trump and Congress “to provide steady and stable growth in defense spending in the fiscal year 2020 budget request and beyond” if they want to be able to meet those threats. The message comes as Democrats — expected to prioritize domestic spending and question record defense increases — won the House this week, and after White House budget director Mick Mulvaney ordered the Pentagon to prepare for a $700 billion national defense budget proposal for fiscal 2020. (For comparison's sake, the Pentagon is also continuing to prep the $733 billion budget it was expecting.) AIA argued in its statement that the last two years of budget growth have helped the Department of Defense and industry turn things around after years of war and budget instability, but not entirely. “As a result, military readiness is improving, and our industry is responding with more innovation and advanced capabilities,” the statement reads. “But the shortfalls of the last decade cannot be erased in the space of two years, and now the Administration has announced potential reductions in defense investment that could undermine the improvements that are just now materializing.” Last year, Defense Secretary Jim Mattis testified that the Pentagon needed 3 to 5 percent annual growth above inflation through 2023 to stay ahead of near-peer adversaries Russia and China. Congress responded with a $700 billion national defense budget for 2018 and $716 billion for 2019 — but also a $1 trillion tax cut that's grown the national deficit. National security adviser John Bolton said publicly, days before Tuesday's election, that the national debt is “an existential threat to society” and that Pentagon spending will have to “flatten out” in the near term. Deputy Secretary of Defense Patrick Shanahan had signaled in recent weeks that modernization programs like hypersonic weapons systems would take a hit if the budget falls. “It comes down to a judgment call, how fast do we modernize? And that's probably the biggest knob that we have to turn,” he said. Along similar lines, AIA argued that to achieve the Pentagon's National Defense Strategy — which "requires armed forces that are large and capable enough to meet multiple threats in multiple environments” — “we must continue to invest in the most effective technology and weapons we can provide.” “America's competitors and adversaries have made huge strides in their offensive and defensive capabilities, from submarines to cyberspace, and continue to develop advanced technology and sophisticated operational concepts,” the statement warns. Though it's unclear how sensitive the administration will be to this call, it has been vocal about its focus on the defense-industrial base in concert with Trump's emphasis on the American economy. A Trump-ordered study found roughly 300 gaps and vulnerabilities across America's network of defense suppliers; Pentagon officials are hopeful a third of those issues will be addressed in the next year. Whatever the administration does with its budget submission, it will be up to the new Congress to tweak it. Following the midterm elections, analysts have predictedlawmakers in next year's divided government will overcome gridlock to reach a budget deal that maintains flat defense spending. https://www.defensenews.com/industry/2018/11/08/us-defense-industry-pushes-back-on-white-houses-proposed-33b-budget-cut