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Thursday, August 21, 2014

Combat Vehicles / Artillery Channel

Image - Raytheon Awarded $11 M to Develop Directed Energy Technology

Raytheon Awarded $11 M to Develop Directed Energy Technology...

Laser weapon systems moved a step closer to reality with the award of an $11 million contract to Raytheon Company . Under an Office of Naval Research program, Raytheon will develop a vehicle-based laser device capable of defeating low-flying threats such as enemy drones. The Ground Based Air Defense (GBAD) Directed Energy On-the-Move Future Naval Capabilities progra...
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Image - BAE Systems Announces Proposed Sale of Holding in LSSA

BAE Systems Announces Proposed Sale of Holding in LSSA

BAE Systems announces an agreement for the proposed sale of its holding in BAE Systems Land Systems South Africa Proprietary Limited (LSSA) to Denel (SOC) Limited. The transaction, for a total cash consideration of approximately 855 million Rand, subject to closing adjustments, includes the sale by BAE Systems of its 75 percent interest in the LSSA business, as well as ...
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