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Companies team for technologies
TEWKSBURY, Mass., Nov. 15 (UPI) -- The U.S. Army awarded Raytheon Co. a $1.3 billion contract to develop radar to protect ground troops from cruise missiles.
Raytheon's Integrated Defense Systems group will create an over-the-horizon cruise missile detection system that alerts air defense assets, Raytheon said Tuesday.
The company will begin testing the system in 2009 and conclude its work in 2011.
Work on the program will be performed at Raytheon sites in Massachusetts, California, Texas and Maryland. Raytheon's Integrated Defense Systems will develop the fire control radar and processing station. TCOM, LP, based in Maryland, will develop the aerostat and associated ground equipment.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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PORTLAND, Ore., May 23 (UPI) --
A $17.9 million U.S. Navy delivery order for maritime imaging systems has been received by FLIR Systems Inc.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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