Information Technology Company CACI has won a $32 million contract to supply electro-optic sensor support to the Naval Surface Warfare Center’s (NSWC) Crane Division. Read more >>

Philips has decided to sell 80% of its holding in its lighting components business for $2.8 billion. The purchasing company, Go Scale Capital, is a technology fund that is looking to increase the company’s automotive and LED businesses. Go Scale Capital plans to expand the already existing business of selling more car lighting systems and LED lamps along with building on Philip’s customer base such as Volkswagen, BMW, and Audi. Philips recently began streamlining their business by selling off underperforming parts—this sale in particular is a preface to Philips’s next great strategic move of spinning off their main lighting division. The sale stands as a significant turning point for Philips, which has sold lighting products since 1891. Read more >>

On December 1, 2014, Rockwell Collins Inc. was awarded a contract by the U.S Navy to upgrade their current E-2D Advanced Hawkeye Integrated Training System. The E-2D Advanced Hawkeye is the latest version of Northrop Grumman’s E-2 Hawkeye airborne early warning and control aircraft. This new version features new avionics including the new APY-9 radar, radio suite, mission computer, integrated satellite communications, improved T56-A-427A engines, and flight management system. As more and more of these aircrafts gradually go into service, the U.S. Navy is requiring a higher training system. Rockwell Collins will provide upgrades including an operational flight trainer, modifications to the tactics trainer, a modification to the maintenance trainer, and spares. With an initial value of $26 million, the contract has a potential to have a total value of $40 million. Read more >>

Baldwin Filters designs filters for numerous heavy-duty, engine applications – including over the road commercial, mining/logging, industrial, agriculture, power generation, and construction markets. Established in 1936, the company now boasts worldwide manufacturing and distributing facilities and was subsumed under CLARCOR’s Mobile & Engine segment in 1981. Read more >>

In March, 2014, the American information technology company, Hewlett-Packard, was awarded a defense contract by the Defense Manpower Data Center (DMDC) of the United States Department of Defense. Valued at $548 Million, the contract calls for Hewlett-Packard’s Enterprise services to manage and enhance DMDC’s mission critical hardware and software services on a global scale. Hewlett-Packard will deliver commercial hardware services to upkeep complex DMDC information technology systems. In addition, to increase the DMDC’s Personnel Security and Assurance systems, Hewlett-Packard will provide software services including Defense Biometric Identification Systems, Real-Time Automated Personnel Identification Systems, and Noncombatant Tracking/Emergency Tracking Accountability Systems. Read more >>