Posts from ExecutiveBiz for 04/10/2015

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Boeing Purchases OMG’s Motion Imagery Software Business; Steve Nordlund, Ryan Hartman Comment

Boeing (NYSE: BA) has bought OMG subsidiary 2d3 Sensing for an undiclosed amount to integrate 2d3’s full motion video processing technology into multiple aircraft platforms. Steve Nordlund, vice president of unmanned airborne systems at Boeing’s defense, space and security business, said Friday the transaction “supports our effort to differentiate our platforms and services with integrated information solutions…
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IBM Offers New Software, Services for IoT Business; Chris O’Connor Comments

IBM has unveiled new software and services in support of its recent $3 billion investment to establish an Internet of Things line of business over the next four years. The company saidThursday the new offerings work to enable customers to manage the development and operations of connected devices via IoT…
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Lockheed Awarded $150M to Test, Field F-35 Mission Data Files

Lockheed Martin (NYSE: LMT) has received a $150,609,953 contract modification from the U.S. Navy to develop, test and deploy mission data files of the F-35 fighter jet for Australia and the U.K. The company will carry out the task in Fort Worth, Texas through December 2018, the Defense Department said Thursday…
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Northrop to Update Marine Helicopter Software, Hardware

Northrop Grumman Corp. (NYSE: NOC) has been awarded an $83,738,954 contract to develop and update mission computer software and hardware on helicopters flown by the U.S. Marine Corps. The company will perform research and development work on the system configuration sets for the AH-1Z and UH-1Y computers, the Defense Department said Thursday…
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Navy Set to Deploy Raytheon’s AIM-120D Missile System

The U.S. Navy has declared initial operating capability for a Raytheon-built medium range air-to-air missile system after the military service completed flight testing of the technology. Raytheon said Thursday the Navy tested the AMRAAM AIM-120D missile on F/A-18 fighters and is scheduled to deploy the system later this year…
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