Archive for March 4th, 2014

I.D. Systems makes co-founder interim CEO

Kenneth S. Ehrman, founder and president of I.D. Systems, Inc. (NASDAQ: IDSY), has been named interim chief executive officer of the company, effective March 2, 2014.He succeeds Jeffrey M. Jagid, who has resigned from his employment with the company. Jagid […]

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Raytheon gets USD655m contract for missile defense system

4 March 2014

Raytheon Company (NYSE: RTN) said it has received a USD655m contract for new-production fire units of the Patriot Air and Missile Defense System for Kuwait.

These units

Modern double-decker bus in London

London’s road network to be improved with £4bn investment

Hughes, Anditel to bring Internet to rural Colombian schoolchildren

EchoStar Corp. (NASDAQ: SATS) subsidiary Hughes Network Systems, LLC said it has teamed with Colombia-based telecom operator Anditel to deliver high-speed Internet service to schoolchildren in the most

Navy awards Raytheon minehunting sonar contract

4 March 2014

Raytheon Company (NYSE: RTN) said it has been awarded USD35.5m to provide the US Navy with AN/AQS-20A minehunting sonar systems and equipment.

The system leverages advanced sonar

Harris-designed antenna reflectors deployed for Sirius FM-6 satellite

An advanced antenna reflector designed and built by Harris Corp. (NYSE: HRS) has been successfully deployed in space onboard the Sirius FM-6 satellite which was designed and built

Westell Technologies buys Cellular Specialties for USD39m

Westell Technologies, Inc. (NASDAQ: WSTL) said it has acquired Cellular Specialties, Inc. for an all-cash purchase price of USD39m.

"Cellular Specialties is a great complement to the Westell solutions

Lockheed Martin employee association ratifies 4-year contract

4 March 2014

Members of the International Association of Machinists and Aerospace Workers (IAM) ratified a new four-year labour agreement with Lockheed Martin (NYSE: LMT).

The new agreement extends to

Hughes to enable distance learning programs for 8 federal government agencies

Hughes Network Systems, LLC said that it has been awarded a task order by the US General Services Administration in support of the government education and training network

Seaborne adds nonstop dailies to St. Maarten

4 March 2014

Caribbean-based Seaborne Airlines said it has begun nonstop daily service from Luis Munoz Marin International Airport in San Juan, Puerto Rico (SJU) to The Princess Julianna

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