Defense News
Stay updated with the latest news in the defense industry. Read about global defense contracts, advancements in government technology, military updates, and veterans' affairs. Keep abreast of significant developments and industry insights.
Jun 9, 2025 at 4:44 PM
Amphenol Corporation Announces Pricing of USD-Denominated Senior Notes Offering
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE: APH) (the “Company”) announced today the pricing of its offering of $750 million aggregate principal amount of senior notes due 2028 (the “USD Notes”). The USD Notes will have an interest rate of 4.375% per annum. The closing of the offering of USD Notes (the “USD Notes Offering”) is expected to occur on June 12, 2025, subject to the satisfaction of customary closing conditions. Substantially concurrently with or shortly after the...
Jun 9, 2025 at 4:20 PM
Albany International to Present at the Wells Fargo 2025 Industrials & Materials Conference
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) President and Chief Executive Officer, Gunnar Kleveland, will speak at the Wells Fargo 2025 Industrials & Materials Conference on Wednesday, June 11, 2025 at 4:45 p.m. ET. Interested parties are invited to listen to the webcast via the Company’s Investor Relations website at investors.albint.com. A replay of the webcast will be available on the website following the event. About Albany International Corp. Albany Interna...
Jun 9, 2025 at 4:07 PM
Benchmark Electronics Announces Quarterly Cash Dividend
TEMPE, Ariz.--(BUSINESS WIRE)--Benchmark Electronics, Inc. (NYSE: BHE) today announced that its Board of Directors declared a quarterly dividend of $0.17 per share, payable on July 11, 2025, to shareholders of record at the close of business on June 30, 2025. About Benchmark Electronics, Inc. Benchmark provides comprehensive solutions across the entire product life cycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain an...
Jun 9, 2025 at 4:01 PM
Leonardo DRS Awarded $41 Million Contract to Provide Combat Management System Hardware for U.S. and Allied Navies
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a $41 million contract from the Naval Sea Systems Command to continue delivering critical combat management system hardware for U.S. Navy surface combatants, allied naval forces, and the U.S. Coast Guard. Under the contract, Leonardo DRS will provide a range of advanced hardware—including multi-screen consoles, displays, and peripheral equipment—designed to support the AEGIS Combat System...
Jun 9, 2025 at 2:53 PM
MORSE Corp Expands to a New Seattle, WA Office
SEATTLE--(BUSINESS WIRE)--MORSE Corp (MORSECORP Inc.) a leading defense technology company, is opening its first West Coast location with the launch of a new office in Seattle, WA. MORSE is headquartered in Cambridge, MA, and opened its first satellite office in Arlington, VA, in 2024. With steady growth, this geographical expansion will allow MORSE to have better proximity to customers and access to yet another strong technical talent pool. "We are excited to join the vibrant tech community in...
Jun 9, 2025 at 2:00 PM
Maximus Unveils Total Experience Management (TXM) Solution with New AWS Integrations to Help Agencies Deliver Services More Efficiently and Effectively
TYSONS, Va.--(BUSINESS WIRE)--Maximus (NYSE: MMS), a leading employer and provider of government services, today announced the latest version of its industry-leading customer experience (CX) solution, Total Experience Management (TXM), powered by Amazon Web Services (AWS). Maximus TXM was launched in 2024 and enables agencies to implement the next generation of CX through one comprehensive solution with FedRAMP-authorized technologies. Through its strategic collaboration with AWS, Maximus lever...
Jun 9, 2025 at 12:44 PM
BAE Systems, Inc. Names Tara Olivet Senior Vice President of Finance
FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems, Inc. has named Tara Olivet as its senior vice president of Finance....
Jun 9, 2025 at 11:47 AM
Patero Announces Launch of CryptoQoR Post-Quantum Cryptography Software
COLLEGE PARK, Md.--(BUSINESS WIRE)--Patero, a leader in post-quantum cryptography (PQC), today announced the launch CryptoQoR™. This new highly efficient crypto-agile software module establishes secure communication channels and proactively mitigates security risks using hybrid post-quantum encryption. The solution can be readily deployed into existing infrastructure to improve current cryptographic protection and immediately remediate risks associated with quantum attacks. The post-quantum cry...
Jun 9, 2025 at 10:54 AM
Veterans’ Benefits Protection Law Enacted in Florida: National Association for Veterans Rights Highlights Leadership of Governor DeSantis and State Legislature
WASHINGTON--(BUSINESS WIRE)--The National Association for Veterans Rights (NAVR) commends Florida Governor Ron DeSantis and members of the Florida Legislature for enacting Senate Bill 910 (SB 910), known as the Safeguarding American Veteran Empowerment (SAVE) Act, into law. This significant measure enhances consumer protections for Veterans navigating the U.S. Department of Veterans Affairs (VA) benefits claims process. This legislation provides stronger oversight of free-market assistance by e...
Jun 9, 2025 at 9:00 AM
OpenTeams Appoints Lt. Gen (Ret) Ross Coffman to Board of Directors
AUSTIN, Texas--(BUSINESS WIRE)--OpenTeams, a leader in open source AI products, systems, and solutions, today announced that it appointed Ross Coffman, retired Army Lieutenant General and the former Deputy Commander of United States Army Futures Command, to its Board of Directors. “General Coffman’s leadership at Army Futures Command advanced technology into the military faster than ever before. He values giving our warfighters AI for an unfair advantage in the fight and shares our commitment t...
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