Belgium’s Cockerill to buy French armored-vehicle maker Arquus

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  25 juin 2020 | International, Naval

  Statement of Electric Boat President Kevin Graney on US Navy Award of Columbia-class Ballistic Missile Submarine Contract

  Groton, Conn. June 22, 2020 - General Dynamics Electric Boat president Kevin Graney issued the following statement about a US Navy contract award announced today. "The shipbuilders of Electric Boat recognize the responsibility and welcome the opportunity to deliver the Columbia class. Columbia is our nation's top strategic defense priority and, as the prime contractor, we will provide the safest and most capable class of submarines in the defense of our nation. As we move toward full scale construction later this year, Columbia's design is more advanced than that of any previous submarine program. We stand ready to execute on this critical program and have made extensive preparations by hiring and training the next generation of skilled shipbuilders, expanding and modernizing our facilities and strengthening our supply base." Background information The Navy announced today that General Dynamics Electric Boat has been awarded a contract modification for the design completion, engineering work and design support efforts for the Columbia Class of Ballistic Missile Submarines. An option valued at $9.47 billion supporting the construction of the first two ships of the Columbia class is established as part of this modification. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). Electric Boat is the prime contractor on the design and construction of 12-ship Columbia class, which will replace the aging Ohio class of ballistic missile submarines. Electric Boat will manage numerous vendors and suppliers to do this work. Advanced construction began in 2017 at the company's facility in Quonset Point, Rhode Island. Final assembly and test of the Columbia class will take place starting in 2024 at Electric Boat's shipyard in Groton. General Dynamics is investing $1.8 billion in capital expenditures to construct and expand its facilities to support the construction of the Columbia class, the world's most advanced strategic missile submarine. The company's three primary locations are in Groton and New London, Conn.; and Quonset Point, R.I. Its current workforce is more than 16,000 employees. More information about Electric Boat is available at www.gdeb.com For more information about General Dynamics, please visit www.generaldynamics.com. View source version on General Dynamics Electric Boat : http://www.gdeb.com/news/news_archives/2020archives.html#06-22-2020

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  3 juin 2019 | International, C4ISR

  Cyberthreat intelligence firms sells for $780M

  By: Kelsey Reichmann Insight Partners, a leading global capital and private equity firm, has acquired Recorded Futures, an intelligence solution company that has made its name in the cybersecurity world in recent years by providing threat intelligence. The cash deal is for $780 million. Recorded Future focuses on information related to public, private, and open source data associated with cyber intrusions. Insight had made a previous investment in the company. Recorded Future claims to be the largest privately held threat intelligence software in the world. The company has ties to the defense and intelligence communities. Recorded Future was awarded a Defense Innovation Unit contract in September 2017. In-Q-Tel, the intelligence community's investment arm, had made an initial investment in the company in 2010. “We have relied heavily on a unique blend of focused data science concepts, advanced machine-enabled collection, and intelligence subject matter expertise, always with an eye toward the usability of the intelligence that we present to our clients — be it government agencies, large corporations, or forward-leaning companies,” said Christopher Ahlberg, co-founder and CEO of Recorded Future, in a May 30 press release. “This deal represents one of the largest security software transactions of the year, and the largest ever in the threat intelligence space. Insight's renewed commitment to our future validates the path that we are on and lays the foundation to drive our collective requirements forward." https://www.fifthdomain.com/industry/2019/05/31/cyberthreat-intelligence-firms-sells-for-780m

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  10 août 2023 | International, Terrestre

  Three strategies for managing the US Army’s consolidated network

  After the Army establishes the appropriate user permissions, it will need a way to monitor and enforce them with minimal manual effort.