Contract Awards by US Department of Defense - January 23, 2020

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  19 juillet 2019 | International, Autre défense

  Intevac Receives Record $40 Million Digital Night Vision Contract Award

  SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) announced today it has received a $40 million contract award for the multi-year production of digital night vision cameras in support of the U.S. Government. “This award represents the largest single booking to date for Intevac Photonics, and increases our Photonics backlog to the historic level of just over $83 million,” commented Timothy Justyn, executive vice president and general manager of Intevac Photonics. “This award closely follows awards for both the U.S. Army's IVAS ground soldier program, and the Apache Helicopter's Pilot Night Vision Sensor (PNVS) foreign military sales announced last December, demonstrating Intevac's commitment to delivering the latest digital night vision technology to our Warfighters.” “We are very proud to have received this substantial order for our digital night vision technology,” added Wendell Blonigan, president and chief executive officer of Intevac. “With this new order and increased backlog, we now have multi-year visibility for our manufacturing operations, and continued validation of our digital night vision technology.” Intevac's digital night-vision sensors, based on its patented Electron Bombarded Active Pixel Sensor (EBAPS®) technology, provide state-of-the-art capability to the most advanced avionic fighting platforms in the U.S. Department of Defense inventory. About Intevac Intevac was founded in 1991 and has two businesses: Thin-film Equipment and Photonics. In our Thin-film Equipment business, we are a leader in the design and development of high-productivity, thin-film processing systems. Our production-proven platforms are designed for high-volume manufacturing of substrates with precise thin film properties, such as the hard drive media, display cover panel, and solar photovoltaic markets we serve currently. In our Photonics business, we are a recognized leading developer of advanced high-sensitivity digital sensors, cameras and systems that primarily serve the defense industry. We are the provider of integrated digital imaging systems for most U.S. military night vision programs. For more information call 408-986-9888, or visit the Company's website at www.intevac.com. Forward-Looking Statements This press release includes statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act”). Intevac claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms “may,” “believes,” “projects,” “expects,” or “anticipates,” and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to; the multi-year visibility of camera deliveries. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the company's expectations. These risks include, but are not limited to: changes in planned shipment dates, which could have a material impact on our business, our financial results, and the company's stock price. These risks and other factors are detailed in the Company's periodic filings with the U.S. Securities and Exchange Commission. https://www.businesswire.com/news/home/20190718005222/en

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  15 juin 2021 | International, Naval

  Fincantieri’s Marinette Marine announces Mark Vandroff as new shipyard CEO

  Fincantieri’s Marinette Marine announced a leadership change at the Wisconsin shipyard, with retired U.S. Navy captain Mark Vandroff set to take over as CEO in July.

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  12 décembre 2019 | International, Aérospatial

  RFP Reveals Main Thrust Of U.S. Counter-Hypersonic Plan

  Steve Trimble The main thrust of the U.S. Missile Defense Agency's counter-hypersonic strategy has just been revealed. The Regional Glide Phase Weapon System (RGPWS) prototype project demonstrates an interception capability against a medium- or intermediate-range threat. The MDA revealed the existence of the program in a request for prototype proposals released to industry on Dec. 5. An industry day for the RGPWS prototype project is scheduled on Dec. 18 at an MDA facility on Redstone Arsenal, Alabama. The RGPWS shows the MDA is moving faster to field at least a prototype counter-hypersonic capability than previous efforts suggested. The MDA had previously defined a concept for a Hypersonic Defense Weapon System (HDWS). The agency selected 21 proposals from industry in September 2018 for concept definition studies. MDA then down selected to five concepts in late August and early September 2019 for a nine-month-long concept refinement phase. The selected proposals included four kinetic concepts based on existing boosters and one Raytheon-directed energy system. The RGPWS is a parallel effort by MDA to the HDWS. The companies selected for the HDWS concept refinement phase could submit separate proposals for RGPWS. But other companies that were rejected after the concept definition phase or did not participate in HDWS can participate in the RGPWS, says Tom Karako, director of the Missile Defense Project at the Center for Strategic and International Studies (CSIS), who was briefed on the program on Dec. 9. For example, Northrop Grumman's proposal was not down selected for the HDWS concept refinement phase, but it intends to compete for the RGPWS prototype project. “Northrop Grumman is engaged with MDA on Hypersonic Defense Regional Glide Phase Weapon System and will attend the upcoming industry day,” a spokesman says. Northrop has been developing kinetic and non-kinetic options for missile defense, including one concept in the latter category called the Terminal and Regional Electronic Attack Defense System. The acknowledgment of the RGPWS offers a limited glimpse into MDA's development strategy for the burgeoning counter-hypersonic capability. In July 2017, the agency first disclosed plans for funding a hypersonic defense demonstration. An item in the Selected Acquisition Reports for the Ballistic Missile Defense System added $508 million to the program's overall budget to pay for such a demonstration. In March 2019, the agency disclosed it would spend more than $600 million on hypersonic defense capabilities by the end of fiscal 2024. By emphasizing a “glide phase” weapon with a “regional” targeting area, the MDA also provided clues about the intent of the demonstration. It does not appear to be targeting an intercontinental ballistic missile with a nuclear hypersonic glide vehicle as the warhead, such as Russia's Avangard. It is more likely designed to target a hypersonic glide vehicle with regional range, Karako says. Options may include hypersonic glide vehicles on China's DF-17 and DF-21 missiles. “That's a good thing,” Karako says. “It's a smart move for MDA to start there.” Separately, the Defense Advanced Research Projects Agency continues to pursue the Glide Breaker program. It was revealed in July 2018 as a program with a particular interest in “component technologies that radically reduce risk for development and integration of an operational hard-kill system,” according to a DARPA solicitation document. But no further details about Glide Breaker have been released. https://aviationweek.com/defense/rfp-reveals-main-thrust-us-counter-hypersonic-plan