Lockheed Martin (NYSE: LMT) announced plans to acquire Gyrocam Systems, a developer of gyro-stabalized optical surveillance systems. Gyrocam is currently supplying hundreds of electro-optical systems to the U.S. Army, Marine Corps and Air Force equipping MRAP vehicles with the VOSS systems, designed to detect and identify improvised explosive devices (IED) from a standoff distance. According to Lockheed Martin, once the acquisition is completed, Gyrocam will be managed by Lockheed Martin Missiles and Fire Control, a unit of Lockheed Martin’s Electronic Systems business area. According to Robert J. Stevens, Lockheed Martin’s Chairman, President andChief Executive Officer, the acquisition of Gyrocam enhances Lockheed Martin’s ability to address our U.S. government customer’s emphasis on ISR capabilities and to meet urgent warfighter needs. “This transaction is a sound strategic fit that strengthens a core competency while addressing a customer priority, supports our commitment to build shareholder value and reinforces our standing as a global security leader.” Said Stevens.
UK Military Tests Radio Frequency Directed Energy Weapon System for Anti-Drone Defense
The British Armed Forces have successfully tested a revolutionary Radio Frequency Directed Energy Weapon (RFDEW) capable of neutralizing drone swarms at a fraction of conventional defense costs. The system, developed by a UK-based consortium led by Thales, can disable multiple unmanned aerial systems for as little as 10 pence per engagement.
Greece’s Land Forces to Get Switchblade Loitering Weapons and Advanced Rocket Launchers
Greece is actively modernizing its military capabilities with two significant procurements. Firstly, the Government Council for Foreign and Defense Affairs, known as KYSEA, has approved the purchase of approximately 590 U.S.-made Switchblade loitering munitions,...
Air Defense & C-UAS Innovations at the AUSA 2024 Exhibition
Army Air Defense Undergoes Significant Modernization to Counter Drone Threats
The U.S. Army's air defense branch has experienced its most substantial modernization and growth in over four decades, primarily driven by the need to counter...
Elbit Systems Address US Army Artillery Modernization with Sigma 155×52 Wheeled Howitzer
Elbit Systems of America showcases the Sigma Next Generation Howitzer at AUSA 2024, where competing systems from Sweden, South Korea, France, and Germany are likely to be presented, some in models, others in full...
U.S. Army Awards Two Contracts for Enhanced S-MET Increment II UGV Prototypes
The U.S. Army has awarded two contracts totaling $22 million to American Rheinmetall Vehicles, LLC, and HDT Expeditionary Systems, Inc. for developing Small Multipurpose Equipment Transport (S-MET) Increment II prototypes.
The S-MET Increment II builds...
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