:

Business/Financial

Saab, NonLethal Technologies Sign Long Term Cooperation Agreement

Defense Daily Staff

Tuesday, June 17th, 2014

SHARE:

Saab, NonLethal Technologies Sign Long Term Cooperation Agreement

Saab Bofors Dynamics Switzerland Ltd (SBDS) and U.S.-based NonLethal Technologies Inc. (NLT) Tuesday signed a long-term cooperation agreement where SBDS will market and sell the IronFist™ and Cobra40™ less-lethal weapon systems, including their 38-mm and 40-mm munitions, on an exclusive basis in the European market. “NLT and SBDS will make a world-class team given both companies’ prominent positions in their markets with superior products,” said Stephan Kocher, CEO of Saab Bofors Dynamics Switzerland Ltd (SBDS). “The companies share common core…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]