Archive for the ‘Defense’

EMRISE Receives $2.1 Million Military Aviation Contract

January 11, 2011 By: NCTechNews Category: Aerospace, Defense

(Durham, N.C.) EMRISE CORPORATION (NYSE Arca:ERI), a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, today announced that it has been awarded a contract valued at approximately $2.1 million (£1.3 million) to manufacture custom power systems to be used in an existing military aviation program. The contract was awarded to the Company’s U.K. subsidiaries by a major military systems integrator, which is a longstanding EMRISE customer. (more…)

Emrise Receives $750,000 Follow-on Order

December 20, 2010 By: NCTechNews Category: Defense

(Durham, N.C.) EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, today announced that it has received $750,000 in follow-on orders for custom power systems to be used in two international military aviation programs. The orders were received by Company’s U.K. subsidiaries from a major European-based, military systems integrator. Shipment of the units ordered is expected to begin and be completed in the latter half of 2011. (more…)

EMRISE Corporation to Present to Boenning & Scattergood Sales Organizations

November 30, 2010 By: NCTechNews Category: Defense, Manufacturing

(Durham, N.C.) EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, today announced that Chairman and CEO Carmine Oliva and President and Chief Operating Officer Graham Jefferies are scheduled to make an investor presentation to the Boenning & Scattergood institutional and retail sales organizations in a meeting to be held on Wednesday, December 1 at Boenning’s headquarters in West Conshohocken, PA and via a simultaneous telephone conference call with that firm’s offices in Pennsylvania, New York, New Jersey and Ohio. (more…)

Vector Strategy Publishes Combat Vehicle and Tactical Wheeled Vehicle Research Briefs

November 30, 2010 By: NCTechNews Category: Defense

(Southern Pines, N.C.) Vector Strategy announces the publication of two new research briefs: “Combat Vehicle Strategy: 4th Quarter 2010 Update” and “Tactical Wheeled Vehicle Strategy: 4th Quarter 2010 Update”. These briefs provide insight on modernization and acquisition strategies for US military combat vehicles and tactical wheeled vehicles. (more…)

EMRISE Timing and Synchronization Product Selected by Major Telecommunications OEM for Inclusion in New Switch Product Line

October 15, 2010 By: NCTechNews Category: Defense, Manufacturing

(Durham, N.C.) EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, today announced that one of the world’s leading telecommunications manufacturers has incorporated an EMRISE network timing and synchronization product into a new communications switch product line for sale in Latin America and other emerging global markets. The Company received an initial order of $275,000 for the network timing and synchronization products that was shipped late in this year’s third quarter, and it expects to begin receiving follow-on orders under the multi-year agreement in the fourth quarter of this year. (more…)

Martin Marietta Materials, Inc. Declares Regular Cash Dividend

August 20, 2010 By: NCTechNews Category: Defense

(Raleigh, N.C.) Anne H. Lloyd, Executive Vice President, Chief Financial Officer and Treasurer of Martin Marietta Materials, Inc. (NYSE:MLM), today announced that the Board of Directors has declared a regular quarterly cash dividend of $0.40 (forty cents) per share on the Corporation’s common stock. This dividend, which represents a cash dividend of $1.60 per share on an annualized basis, is payable September 30, 2010, to shareholders of record at the close of business on September 1, 2010. (more…)

BRAC Names New Economic Development Liaison

August 19, 2010 By: NCTechNews Category: Defense

(Fayetteville, N.C.) The BRAC Regional Task Force (BRAC RTF) has named veteran economic and business developer Alfred J. “Fred” Papa as Economic Development Liaison effective August 9, 2010. He will serve the 11 member counties that comprise the BRAC Regional Task Force. (more…)

Cyberlux Fulfills First $340,000 Shipment of Its $3.4 Million National Guard Bureau Contract

August 02, 2010 By: NCTechNews Category: Defense, LED

(Research Triangle Park, N.C.) Cyberlux Corporation, (OTC Bulletin Board: CYBLD), a leading provider of LED lighting solutions, announced today that the Company has produced and shipped the first $340,000 of the $3.4 million order awarded to Cyberlux by the National Guard. Recently, the National Guard Bureau purchased 200 BrightEye Dual Head Tactical Lighting Systems, and Cyberlux has now delivered the first 20 Systems. (more…)

Defense Spending Increases in ‘09, Gov Says

July 30, 2010 By: NCTechNews Category: Defense

newsletter-logo  (Raleigh, N.C.) Gov. Bev Perdue, the North Carolina Military Business Center (NCMBC) and the North Carolina Military Foundation (Foundation) this week announced that Department of Defense spending in North Carolina grew by 10 percent and exceeded $4.0 billion in federal fiscal year 2009 – an increase of $363.8 million over procurement in the state in 2008. (more…)

Martin Marietta Materials, Inc. Declares Regular Cash Dividend

May 31, 2010 By: NCTechNews Category: Defense

(Raleigh, N.C.) Anne H. Lloyd, Executive Vice President, Chief Financial Officer and Treasurer of Martin Marietta Materials, Inc. (NYSE:MLM), announced that the Board of Directors has declared a regular quarterly cash dividend of $0.40 (forty cents) per share on the Corporation’s common stock. This dividend, which represents a cash dividend of $1.60 per share on an annualized basis, is payable June 30, 2010, to shareholders of record at the close of business on June 8, 2010. (more…)

Martin Marietta Materials, Inc. declares regular cash dividend

February 01, 2010 By: NCTechNews Category: Defense

(Raleigh, N.C.) Anne H. Lloyd, Executive Vice President, Chief Financial Officer and Treasurer of Martin Marietta Materials, Inc. (NYSE:MLM), today announced that the Board of Directors has declared a regular quarterly cash dividend of $0.40 (forty cents) per share on the Corporation’s common stock. This dividend, which represents a cash dividend of $1.60 per share on an annualized basis, is payable March 31, 2010, to shareholders of record at the close of business on March 1, 2010. (more…)

Textron Marine & Land Systems and Granite Tactical Vehicles form exclusive teaming relationship

January 07, 2010 By: NCTechNews Category: Defense, Transportation

(Mount Airy, N.C.) Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, and Granite Tactical Vehicles Inc. of Mount Airy, NC today announced an exclusive teaming relationship. Textron Marine & Land Systems has teamed with Granite Tactical Vehicles on the development of affordable, lightweight, crew survivability solutions for light tactical vehicles. Founded by former U.S. Navy SEAL Chris Berman, Granite Tactical Vehicles has been developing innovative designs in armored vehicles since 2004. (more…)

  • Controlling Quality

    An RTP firm is gaining international notoriety as a leader in analytical instrumentation for the pharmaceutical and chemical manufacturing industries, sharing innovative solutions to evolving pharmaceutical and chemical manufacturing challenges, presenting on emerging multi-variant approaches to obtaining immediate, unambiguous results from drug product samples at a recent major international tradeshow.

    Portable Power

    Alternative energy solutions provider INI Power Systems, Inc. recently marked its ten-year anniversary by unveiling the innovative new Trinity™ series of portable alternative energy hybrid solutions at two major events catering to the defense and emergency first responder marketplaces, with attendees searching for reliable, flexible power systems with multiple applications.

    EV Innovation

    Morrisville-based green transportation pioneer Evatran™ recently hosted a demonstration of its Plugless Power™ hands-free electric vehicle (EV) charging system, showcasing cost savings and convenience of EV usage in residential, commercial and public applications.

    guide to success

    Entrepreneurs now have a workbook to guide them through successful implementation of business building blocks thanks to a new goal-setting toolkit for personal and professional success available at no charge from a Cary-based international strategic business consultant.

    Packaging Cures

    RTP-based advertising and branding firm The Marketing Machine helped overcome the issue of illiteracy among medical patients in Ghana, South Africa in designing packaging for the only manufacturer of anti-retroviral drugs in the region, creating individual icons and colors to help patients understand which drugs they needed, regardless of their ability to read.

    Broadband Stimulus

    Two grants funded by the American Recovery and Reinvestment Act are being used by MCNC to expand broadband connectivity and services throughout North Carolina and create more than 1,000 engineering and construction jobs, the organization said.

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