Industry News

Huntington Ingalls Industries and the U.S. Coast Guard christened the agency’s fifth national security cutter — “James” during a ceremony at the company’s shipyard in Pascagoula, Miss. The company’s Ingalls Shipbuilding division is scheduled to deliver James in the next summer, Huntington Ingalls said Saturday. “The boundaries surrounding illegal migrant activity, weapons, drug smuggling and terrorism continue to blur and […] More

Corporate Office Properties Trust has sold eight properties in the White Marsh region of Baltimore, Maryland and accumlated $28 million in revenue. The move to dispose the assets is part of the real estate investment trust’s strategy to provide its core holdings more room to perform in the company portfolio, COPT said Thursday. The transactions involved two buildings along […] More

A joint venture between Textron Inc. and AirLand Enterprises LLC has kicked off operational testing for its reconnaissance aircraft during a Northern Command and Kansas National Guard training exercise. Textron AirLand LLC’s Scorpion aircraft provided multi-spectral full motion video and communications with other aircraft and ground stations at VIGILANT GUARD 2014 from Aug. 4 to […] More

Deloitte has become the latest company to join the Industrial Internet Consortium, a group dedicated to push the possibilities the Internet of Things can bring to the market sector. The company said Thursday that it aims to bring value to members and industry with unique insights on how to tap IoT technologies to innovate, create savings […] More

Juniper Research has released a forecast report that projects the location-based services market to grow to a total revenue of $43.3 billion by 2019 from the approximately $12.2 billion recorded in 2014. Context aware ad-supported apps will drive more than two-thirds of the mobile context and location services market’s revenues by 2019, Juniper Research said Thursday. Local search apps […] More

The Federal Aviation Administration has approved an Avionica-made satellite data link platform for installation on Boeing 777 commercial planes. Avionica said Thursday it obtained an FAA supplemental type certificate for the company’s Iridium-based satLINK MAX flight communications technology. The clearance indicates that Avionica’s platform meets RTCA/DO-262A design standards for aircraft voice and data systems designed […] More

Raytheon has pledged up to $5 million for a 10-year agreement with the University of Massachusetts Lowell to launch a joint research institute to enable collaboration between students and Raytheon employees. The Raytheon-UMass Lowell Research Institute is expected to facilitate securing federal funding for research as well as research and employment opportunities, the company said Tuesday. “The creation of […] More

IBM, Florida Polytechnic University and Flagship Solutions are set to build a new supercomputing center equipped with cloud-based storage and to be used for STEM education, IBM said Wednesday. The newest addition to the State University System of Florida will house an IBM supercomputer designed to provide students with hands-on training opportunities using high performance computing systems. […] More

An Orbital Sciences-built carbon tracker spacecraft has arrived at its final orbital position in the Afternoon Constellation, which comprises of multiple satellites designed to collect environmental data worldwide. NASA’s Orbiting Carbon Observatory-2 completed nine orbit-raising maneuvers before reaching  an operational orbit at the A-Train head that is located approximately 438 miles above Earth, Orbital Sciences […] More

Raytheon has been awarded a $130 million contract to help the Massachusetts Department of Transportation replace the state’s cash tolling systems with an electronic platform. The company and its partners will build and install an All Electronic Tolling System designed to allow vehicles with EZ-Pass tags to drive through Massachusetts toll stations without stopping, Raytheon said […] More

The U.S. Defense Department has approved an Appian mobile business process management platform that works to manage enterprise functions and communications. Appian’s BPM tool is now available on a Defense Information Systems Agency-operated mobile application store for DoD organizations, Appian said Monday. “Our participation in DOD MAS provides all branches the ability to take advantage […] More

RnR Market Research has projected the Internet of Things and machine-to-machine communication market to grow 24.42 percent in value to $498.92 billion in 2019 from $128.7 billion in 2014. The March 2014 worldwide market forecast projects that a trillion interconnected devices will hit the market by 2025 and demand for sensors, wireless networks and cloud apps will […] More