:

Business/Financial

Axsys Technologies Realigns To Enhance Security Focus

DDN

Wednesday, December 5th, 2007

SHARE:

Axsys Technologies [AXYS] on Monday said it has sold its non-core Distributed Products business and has realigned its organizational structure to focus on its security, defense and space markets. Under the new organization Axsys will have two business units: the Surveillance Systems Group and the Imaging Systems Group. Surveillance Systems will consist of all infrared cameras and gyro-stabilized camera systems. The group will be led by Randy Moore, a former Kollsman executive. The Imaging Systems Group will include all of…

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]