Archive for the ‘Defense’
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…)
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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…)
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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…)
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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…)
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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…)
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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…)
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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…)
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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…)
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July 30, 2010
By: NCTechNews
Category: Defense
(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…)
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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…)
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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…)
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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…)
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