Defense industry news provided by Financial News USA (OTC: FNWU). U.S. BioDefense, Inc. (OTC BB: UBDE) recently announces it has secured 100% ownership of the issued and outstanding shares in Emergency Disaster Systems (EDS), a forerunner in the disaster mitigation and preparedness industry. This event officially launches U.S. BioDefense's Homeland Security division Emergency Preparedness Program. EDS originated in 1989 to provide earthquake preparedness supplies to communities throughout California. Lockheed Martin (NYSE: LMT) has completed upgrading computer software and hardware on eight AN/FPS-117 long-range, air surveillance radars used by the German Air Force. Under a November 2003 contract, Lockheed Martin upgraded the synthesizers and preprocessors on the eight German ground-based radars to avoid obsolescence and extend their usefulness for an additional 20 to 30 years beyond their expected 20-year lifecycle.
Aerospace giant Boeing Co. (NYSE:BA) said Thursday it signed a $19.8 million engineering manufacturing development contract to upgrade avionics on the Swedish Air Force's C-130 transport plane. The U.S. Air Force administered the contract, which is not definite. Boeing said the deal, the largest ever between the Air Force and the Swedish government, is expected to be "definitized" by October. Sweden received its first C-130 plane in 1965 and is the first European country to sign up for what the Air Force calls the avionics modernization program. Northrop Grumman Corporation (NYSE:NOC) has successfully designed, built and flight demonstrated one of the world's first synthetic aperture laser radar systems. Under Defense Advanced Research Projects Agency (DARPA) funding, the Synthetic Aperture Ladar for Tactical Imaging (SALTI) program transfers synthetic aperture radar (SAR) technologies, proven in numerous radio frequency radars, into the laser radar domain, providing unprecedented resolution at significantly improved standoff ranges.
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