Thales and MKU to co-develop the Elfie Night Vision Device for India and the world

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  3 août 2018 | International, Naval

  Coast Guard Commandant Schultz Optimistic Congress Will Fund New Heavy Icebreaker Program

  By: Ben Werner WASHINGTON, D.C. – Fiscal Year 2019 money for a Coast Guard heavy polar icebreaker is frozen on Capitol Hill, but the service's commandant is optimistic the project will ultimately be funded. The Senate's Fiscal Year 2019 Department of Homeland Security appropriations bill includes $750 million for the heavy icebreaker but the House version zeroed-out the heavy icebreaker money for the year to make additional funds available for building a barrier along the U.S. southern border. The department's border wall budget request was for $1.6 billion, but House appropriators recommended spending $5 billion on border security infrastructure, according to the Homeland Security Funding bill approved last week by the House appropriations committee. However, there is still time to make the case for restoring polar icebreaker funding, Adm. Karl Schultz, the new Coast Guard commandant, said on Wednesday at a Maritime Security dialogue hosted by the U.S. Naval Institute at the Center for Strategic and International Studies. “The Senate marked up their version of the project and the $750 million (for a heavy icebreaker) was still in. That bill has to be conferenced,” Schultz said, referring to the process where members of both the Senate and House iron out differences in their appropriations bills before each chamber votes on the new unified version. The process is long and because of some of the contentiousness surrounding funding for Department of Homeland Security programs, Schultz said there's a strong chance a final bill will not be considered until after the fall midterm elections. Along with overseeing the Coast Guard, DHS is in charge of several agencies governing immigration, customs and border control. Building a heavy polar icebreaker has strong support inside the Trump administration, Schultz said. His superiors – both the secretary of Homeland Security and President Trump – support the project. Trump even mentioned the project during his remarks at the June 1 change of command when Schultz took charge of the Coast Guard. Full article: https://news.usni.org/2018/08/01/35453

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  5 septembre 2024 | International, Aérospatial

  Air Force’s NGAD revamp could open up more business to smaller firms

  Technology advanced faster than anticipated since the Air Force first conceived its next-gen fighter, officials said.

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  19 juin 2019 | International, C4ISR

  L3 Technologies and Saudi Arabian Military Industries Enter Into Joint Venture

  LE BOURGET, France--(BUSINESS WIRE)--L3 Technologies (NYSE:LLL) announced today that it has signed a joint venture agreement with Saudi Arabian Military Industries (SAMI) to collaborate on electro-optical and infrared (EO/IR) and special mission systems projects within the Kingdom of Saudi Arabia (KSA). The contract was signed on June 18 in the SAMI Chalet during the Paris Air Show. In February 2019, L3 and SAMI announced the signing of a Memorandum of Understanding (MoU) relating to the joint venture. “Through this partnership, L3 will further establish a long-term presence within the KSA,” said Christopher E. Kubasik, L3's Chairman, Chief Executive Officer and President. “This venture with SAMI, which includes research and development, manufacturing, training and sustainment activities, represents a key milestone in the further development and execution of L3's international growth strategy.” “We are pleased to partner with L3 as we move towards our goal of creating a Center of Excellence in the Kingdom,” said H.E. Ahmed Al-Khateeb, Chairman of SAMI. “As we continue to support objectives tied to Saudi Vision 2030, this long-term partnership with L3 will help grow the sensor and mission systems industry while creating a comprehensive through-life support structure for our military customers.” L3 Technologies designs and manufactures industry-leading multi-spectral and multi-sensor EO/IR imaging and targeting sensor systems in addition to fully customizable mission systems for air, land and maritime vessels. Together, L3 and SAMI will indigenously design and implement these advanced technologies and solutions for a variety of customer-specific applications from a Center of Excellence that will be established in the Kingdom. About L3 Technologies With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2018 sales of $10.2 billion. To learn more about L3, please visit the company's website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company's website and is readily accessible. About Saudi Arabian Military Industries Launched in May 2017, Saudi Arabian Military Industries (SAMI) is a state-owned military industries company working under the directives outlined in the Saudi Vision 2030. Aiming to be among the top 25 military industries companies in the world by 2030, SAMI is expected to play a key role in localizing 50% of the Kingdom's total government military spending. SAMI is combining the latest technologies and the best national talent to develop military products and services at par with international standards across four business divisions – Aeronautics, Land Systems, Weapons and Missiles, and Defense Electronics. For more information, visit www.sami.com.sa or e-mail us at info@sami.com.sa. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-Looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements. https://www.businesswire.com/news/home/20190618005809/en