DOT WEEKLY; Volume 3; Issue 6
DOT WEEKLY NEWSLETTER VOL- 3_ ISSUE- 6
BUSINESS UPDATES
Lockheed Martin And GlobalFoundries Collaborate To Advance Innovation And Resiliency Of Chips For National Security
MALTA, N.Y., June 12, 2023 — Lockheed Martin (NYSE: LMT) and GlobalFoundries (Nasdaq: GFS) (GF) today announced a strategic collaboration to advance U.S. semiconductor manufacturing and innovation and to increase the security, reliability and resiliency of domestic supply chains for national security systems. This collaboration will enable Lockheed Martin to more quickly and affordably produce secure […]
BUSINESS UPDATES
Fairbanks Morse Defense Contracts with Oceus to Co-Develop Remote Connect Portable 5G Network for Maritime Defense
Fairbanks Morse Defense (FMD), an Arcline Investment Management portfolio company, signed a three-year agreement with Oceus to co-develop and deploy Remote Connect, a reliable, secure, portable 5G Broadband Kit to provide maritime defense customers with instant remote connectivity for any device. The technology provides crews with 5G communications access in some of the world’s most […]
GOVERNMENT UPDATES
U.S. National Security Advisor, Jake Sullivan, visits New Delhi to meet the Indian Prime Minister Modi, External Affairs Minister S Jaishankar, and his counterpart Ajit Doval. The visit highlighted the dynamic US-India partnership ahead of Prime Minister Modi’s upcoming historic state visit to the United States.
U.S. National Security Advisor, Jake Sullivan, visits New Delhi to meet the Indian Prime Minister Modi, External Affairs Minister S Jaishankar, and his counterpart Ajit Doval. The visit highlighted the dynamic US-India partnership ahead of Prime Minister Modi’s upcoming historic state visit to the United States.
GOVERNMENT UPDATES
U.S. Secretary of Defense, Lloyd J. Austin III, approves a tasking memo from the Department of Defense Foreign Military Sales (FMS) Tiger Team. The memo addresses six FMS pressure points and directs the implementation of recommendations to enhance and expedite the execution of FMS cases.
Today, Secretary of Defense Lloyd J. Austin III approved a tasking memo from the Department of Defense (DoD) Foreign Military Sales (FMS) Tiger Team that highlights six key FMS pressure points and directs implementation of recommendations to improve and accelerate the Department’s institutional processes to execute FMS cases. The efforts of the Tiger Team and […]
GOVERNMENT UPDATES
India’s defense minister, Rajnath Singh, presides over a meeting of the Consultative Committee for the Ministry of Defence. The meeting focused on self-reliance in defence manufacturing.
Raksha Mantri chairs meeting of Consultative Committee for MoD on self-reliance in Bengaluru National security being strengthened & Armed Forces becoming technologically advanced: Shri Rajnath Singh Raksha Mantri Shri Rajnath Singh chaired a meeting of the Consultative Committee for the Ministry of Defence on ‘Self-reliance in Defence Manufacturing’ in Bengaluru, Karnataka on June 16, 2023. During the […]
GOVERNMENT UPDATES
The 12th joint Indo-Maldives military exercise, known as Ekuverin commences in India. Ekuverin, which translates to ‘Friends,’ is an annual bilateral exercise that takes place alternately in India and the Maldives.
The 12th edition of joint military exercise “Ex Ekuverin” between the Indian Army & the Maldives National Defence Force has commenced at Chaubatia, Uttarakhand from 11 to 24 June 2023. Ekuverin meaning ‘Friends’ is a bilateral annual exercise conducted alternatively in India and Maldives. A platoon strength contingent from Indian Army and Maldives National Defence Force […]
TENDERS AND REQUEST FOR PROPOSALS
Jervois Mining USA, a subsidiary of Jervois Global Limited, enters a $15 million agreement with the U.S. Department of Defense to conduct feasibility studies for expanding cobalt extraction in Idaho.
The Office of the Assistant Secretary for Industrial Base Policy (OASD(IBP)), through its Manufacturing Capability Expansion and Investment Prioritization (MCEIP) office entered an agreement with Jervois Mining USA, a subsidiary of Jervois Global Limited, to conduct feasibility studies to expand cobalt extraction in Idaho. The $15 million agreement, entered into under Defense Production Act (DPA) Title III […]
TENDERS AND REQUEST FOR PROPOSALS
Arconic Corporation enters a $45.5 million agreement with the U.S. Department of Defense to increase production of high purity aluminium. The agreement aims to boost the production of missiles and munitions.
The Department of Defense’s (DoD) Office for the Assistant Secretary of Defense for Industrial Base Policy (OASD (IBP)) has entered into an agreement with Arconic Corporation to increase production of missiles and munitions. The purpose of the $45.5 million agreement with Arconic is to increase production of High Purity Aluminum (HPA) at its facility in […]
TENDERS AND REQUEST FOR PROPOSALS
Curtiss-Wright Corporation secures a $24 million contract from Nellis Air Force Base for flight test instrumentation (FTI) equipment to support the F-35 technology refresh 3 (TR-3) program. The TR-3 program focuses on vital upgrades to the hardware and software of the F-35 aircraft, aiming to enhance its displays, memory, and other related components.
DAVIDSON, N.C.–(BUSINESS WIRE)– Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded a $24 million contract from Nellis Air Force Base to provide Flight Test Instrumentation (FTI) equipment in support of the F-35 Technology Refresh 3 (TR-3) program. Technology Refresh 3 represents a series of critical upgrades to the F-35′s hardware and software meant […]