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Raytheon awarded $17 million for dual band radar spares for USS Ford

Raytheon awarded $17 million for dual band radar spares for USS Ford

Business
Feb. 21 (UPI) -- The Navy has awarded Raytheon with a $ 17 million fixed-price price order for dual band radar spares for the USS Gerald Ford. The deal modifies an ordering agreement awarded in March 2019. According to Raytheon, the dual band radar is the first radar system in the U.S. Navy fleet capable of operating on the S-band and X-band frequency at the same time. DBR systems allow unmanned operation of and uses commercial off-the-shelf technology for signal and data processing. All work on the contract will take place in Massachusetts, with 70 percent being performed in Andover, 15 percent in Marlboro and 15 percent in Tewksbury. The USS Gerald Ford began aircraft compatibility testing in January. The vessel is intended to replace Nimitz-class aircraft carriers but has been trouble...
Lockheed Martin receives $12.3 million to develop underwater drone

Lockheed Martin receives $12.3 million to develop underwater drone

Business
Feb. 21 (UPI) -- The Defense Advanced Research Projects Agency has awarded Lockheed Martin with a $ 12.3 million contract for phase one of the the Manta Ray program. The contract funds research, development and demonstration of an extra-large underwater drone. According to DARPA, the purpose of the Manta Ray program is to create a new class of long duration, long range, payload-capable undersea drones -- underwater vessels that could operate without the need for logistic support or maintenance from human staff. More than half -- 52 percent -- of work on the contract will take place in West Palm Beach, Fla., with other work taking place in Cherry Hill, N.J., and a variety of locations in the U.S. This contract has an estimated completion date of January 2021. Research and development fund...
WhatsApp pay gets NPCI nod to expand UPI project to 10 million users

WhatsApp pay gets NPCI nod to expand UPI project to 10 million users

Finance
Bengaluru: Facebook-owned instant messaging platform WhatsApp has received permission from the National Payments Corporation of India (NPCI) to expand its pilot United Payment Interface (UPI) services to 10 million users, according to Nandan Nilekani, the architect of unique identity database Aadhaar and UPI. Nikelani was speaking at an IIT Industry Conclave event on Friday. WhatsApp’s payment feature, called WhatsApp Pay, is designed to run on UPI — developed by the NPCI — which allows users to pay others or do business transactions through their bank accounts. WhatsApp has been running a pilot for one million users and has struggled to get a full-fledged licence since the rollout of the project in 2018. On Friday, a media report said that NPCI has allowed WhatsApp to increase that to 10
Energy bills to fall for 15 million households from April

Energy bills to fall for 15 million households from April

Business
Around 15 million households are to see their energy bills fall by an average of £17 from April.The boost for domestic budgets comes after the industry regulator announced it would lower the price cap for the summer period, as a result of lower wholesale energy prices. The limit was introduced 12 months ago aimed at tackling so-called "rip-off" default tariffs.The default price cap, which protects around 11 million households, is set to fall from £1,179 to £1,162 from April.Meanwhile, the pre-payment meter cap, which protects a further 4 million households, will fall from £1,217 to £1,200 over the six months to September. Advertisement A large part of the reduction is due to wholesale costs continuing to fa
40 companies net up to $982.1 million for Navy’s drone vessel program

40 companies net up to $982.1 million for Navy’s drone vessel program

Business
Feb. 5 (UPI) -- The U.S. Navy has awarded contracts to 40 companies received a contract, with a combined potential value of $ 982.1 million to support the Navy's Unmanned Surface Vehicle Family of Systems, according to the Pentagon. Unmanned surface vehicles are boats that operate on the surface of the water without a crew. Historically USVs have been used for minesweeping applications and a 2013 study recommended their use for observation and collection of information, military electronic warfare, defense against small boats, testing and training, search and rescue, and the support of other unmanned vehicles. In July the branch formally announced it was looking for proposals for a vessel up to 164 feet long, to function as a sensor and communications relay in part of a family of unmanne...