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ATHENS, Greece, November 21, 2017 - Intracom Telecom, a global telecommunication systems and solutions vendor, supplied Zakład Obsługi Systemu Monitoringu m. st. Warszawy (ZOSM), the Monitoring System Services Company of the Capital City of Warsaw, with its latest generation Point-to-point and Point-to-Multipoint wireless systems, along with company's network management system, to address the demanding backhauling needs for the video surveillance network of Warsaw.
More specifically, Intracom Telecom, in partnership with Xentia, a Polish wholesale distributor of broadband wireless solutions for surveillance systems, has been supporting ZOSM to renovate and expand their network gradually since 2015. The Intracom Telecom radios (WiBAS™-OSDR, OmniBAS™ and StreetNode™), as well as company's Network Management platform (uni|MS™), enable ZOSM to create a high-speed, secure and high-performance network that supports over 425 cameras installed in 18 districts of Warsaw. This network provides 24-hour surveillance of the most threatened places in the capital.
ZOSM Warsaw selected Intracom Telecom's state-of-the art radios following a public tender and after extensive testing of the systems' capability to support the heavy bandwidth distribution required for high-definition IP cameras controlled by the 15 Watch Centres, located in the District Police Headquarters and Police Commissioners.
Intracom Telecom's wireless equipment provides the Warsaw Metropolitan Police with prompt and accurate information about crimes, offenses and other events occurring in areas covered by the surveillance system. It is noteworthy that the equipment was first installed and used to cover the surveillance and data traffic needs of ZOSM during the 2016 NATO Summit held in Warsaw.
Mr. Jacek Łukomski, Head of Technical Department in ZOSM, said: "We are pleased to have selected the right partners who address public safety as a top priority and helped us build a network that ensures real-time information for crime events, enhancing the degree of physical security for the citizens of our city. By exploiting Intracom Telecom's comprehensive SON wireless portfolio and Xentia's implementation support, we were able to easily deploy cameras in all required locations."
Mr. John Tenidis, Marketing Director of Intracom Telecom's wireless solutions portfolio, commented: "Intracom Telecom has been investing in advanced security offerings and capabilities for microwave networks. We are pleased to cooperate with Xentia and ZOSM of Warsaw and look forward to further contributing with our products and services to other critical projects."
Xentia Sp. z oo was established in 2010 in response to market demand for innovative, yet proven technologies in the telecommunications industry and video monitoring systems. We are focused specialists with many years of experience in the field of radio broadcasting, CCTV, automation, network equipment, and also in terms of obtaining EU funds. This knowledge allows us to provide our customers with professional services for investment planning, support in obtaining sources of financing and supervising the execution of the task. Our big advantage is the comprehensive knowledge and experience in designing, building and servicing the transmission system. We have many years of experience in implementing radio links in the band licensed and released. Consistently since the beginning of Xentia we follow the principles that ensure sustainable development and recognition in the industry. For more information please refer to webpage: www.xentia.pl
About Intracom Telecom
Intracom Telecom is a global telecommunication systems and solutions vendor operating for 40 years in the market. Intracom Telecom innovates in the areas of small-cell backhaul, wireless transmission and broadband wireless access and has successfully deployed its industry leading point-to-point and point-to-multipoint packet radio systems worldwide. Moreover, the company offers a competitive portfolio of revenue-generating telco software solutions and a complete range of ICT services, focusing on big data analytics, converged networking and cloud computing for operators and private, public and government clouds. The company invests significantly in R&D developing cutting-edge products and integrated solutions that ensure customer satisfaction. Over 100 customers in more than 70 countries choose Intracom Telecom for its state-of-the-art technology. The company operates subsidiaries in Europe, Russia and the CIS, the Middle East and Africa, Asia and North America. For more information, visit www.intracom-telecom.com
SOURCE Intracom Telecom
NEW YORK-- L3 Technologies (NYSE:LLL) announced today the award of multiple contracts relating to the development of Free Space Optics (FSO) capabilities for U.S. Department of Defense (DoD) and space customers. FSO technology enables high-bandwidth communication while protecting signal integrity in a highly contested spectrum environment and is a proven next-generation solution for high-capacity, over-the-air communications.
“Our continued investment in FSO technologies builds on our leadership in providing state-of-the-art data links that deliver the most reliable and secure communications possible for our customers,” said Christopher E. Kubasik, L3’s President and Chief Operating Officer. “Our focus on bringing innovation to the space and near-space domains reflects our strategy of aligning with our customers’ priorities in these markets to increase their efficiencies and overall mission effectiveness.”
Work on these contracts will be done by L3 Communication Systems-West (L3 CS-West), which is part of the company’s Communication Systems business segment. L3 CS-West has been developing robust and reliable FSO communications since 2007, enabling long- and short-haul transmission capabilities for enhanced dissemination of large volumes of video and data.
L3 CS-West is a leader in communication systems for high-performance networks, including intelligence collection, imagery processing and satellite communications for the DoD and other customers. The company provides high data rate, wideband, secure, real-time communication systems for surveillance and reconnaissance. To learn more about L3 CS-West, please visit the company’s website at www.L3T.com/CSW.
Headquartered in New York City, L3 Technologies employs approximately 38,000 people worldwide and is a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. L3 is also a prime contractor in aerospace systems, security and detection systems, and pilot training. The company reported 2016 sales of $10.5 billion.
To learn more about L3, please visit the company’s website at www.L3T.com. L3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L3 is routinely posted on the company’s website and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company’s Safe Harbor Compliance Statement for Forward-Looking Statements included in the company’s recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.
GSA’s Next Generation of Alliant is Here; 61 Companies Awarded Spots on “Best-in-Class” Alliant 2 Governmentwide Acquisition Contract for IT services
WASHINGTON, D.C.-- Today the U.S. General Services Administration (GSA) announced the award of its $50 billion Alliant 2 (A2) Governmentwide Acquisition Contract (GWAC). The A2 GWAC is a Multiple Award, Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract to provide customized Information Technology (IT) services and IT services-based solutions to the government. A2 provides federal agencies with access to 61 companies providing integrated information technology (IT) solutions for evolving needs on a global basis. Further, A2 allows for the application of technology to meet business needs including the ability to stay on the forefront of emerging IT services. To see the complete list of awarded industry partners, please visit www.fbo.gov.
The next-generation A2 contract is available to all federal agencies and has already earned "best-in-class" status from the Office of Management and Budget. It’s a follow up to the first successful GSA GWAC, Alliant, which aggregates custom IT providers on one full-range vehicle to meet the evolving needs of Federal agencies.
"The next generation Alliant continues to build on GSA’s success collaborating with industry partners to design solutions that support federal agencies with mission-critical, complex IT services requirements," said GSA Office of Information Technology Category Assistant Commissioner Kay T. Ely. ”The team’s work to earn a best-in-class designation by including pricing strategies and data-driven demand management practices will serve federal agencies well, and lower costs for american taxpayers.”
“I applaud the great work the Alliant 2 team did to make this solution a reality,” said Federal Acquisition Service Commissioner Alan Thomas. “Alliant 2 provides agencies with a vehicle to help modernize mission-critical IT and meet the government’s requirements not just today, but well into the future.”
The new A2 comes with significant enhancements, such as scope improvements, new IT service labor categories, new cybersecurity standards, new environmental standards, and the incorporation of required Defense Federal Acquisition Regulation Supplement (DFARS) regulations/provisions into the master contract so they automatically flow down to the task order level on any/all task orders issued by a Department of Defense (DOD) agency.
A2 also includes:
- A highly qualified pool of information technology industry partners;
- A robust scope aligned with the Federal Enterprise Architecture (FEA) and Department of Defense Enterprise Architecture (DoDEA);
- Access to a full range of comprehensive IT services and IT services-based solutions;
- Flexibility as emerging technologies and the definition of information technology evolve;
- Ancillary support (non-IT) permitted when it is integral to, and necessary for, the IT services-based outcome;
- On-ramp and off-ramp provisions, ensuring retention of a highly-qualified pool of contractors;
- A full spectrum of contract types, including cost reimbursement;
- Worldwide coverage;
- Complimentary scope-compatibility reviews;
- Acquisition templates, and
- Sample Statements of Work (SOWs).
The first-generation Alliant GWAC will expire in April 2019. The A2 unrestricted contract allows federal clients that have long-term task order requirements exceeding five years to consider the A2 GWACs. For more information, please visit www.gsa.gov/alliant2 or download the Alliant 2 brochure.
Press Conference Information: GSA invites reporters to attend a conference call Q&A session with Deputy Assistant Commissioner for IT Category Management Operations, Bill Zielinski, at 2:00 pm EST today (Monday, November 20, 2017). For dial-in information please RSVP to [email protected] by 1:00 pm EST.
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Magal Awarded $8 Million Contract for Integrated Security Solutions for Critical Energy Infrastructure
Magal Security Systems, Ltd. (NASDAQ: MAGS) announced that it recently signed an $8 million contract to provide integrated security solutions for several critical energy infrastructure sites. Magal’s delivery and installation will take place over the coming months.
Saar Koursh, CEO of Magal, commented: "We are proud to have been selected by this important national operator to protect these critical energy infrastructure sites. It reconfirms the value that our customers find in Magal's unique offering. The order includes our video management system with video analytics, as well as our FiberPatrol, a fiber-optic point reporting intrusion detection system. It also includes our cyber security solution, all integrated to and managed by our cutting-edge Fortis4G physical security information management system (PSIM). Our proven engineering and integration capabilities, combined with our broad portfolio of home-grown security solutions enables us to win these tightly scheduled and technically challenging projects. We look forward to receiving further orders such as this in the future."
Magal is a leading international provider of solutions and products for physical and video security solutions, as well as site management. Over the past 45 years, Magal has delivered its products as well as tailor-made security solutions and turnkey projects to hundreds of satisfied customers in over 80 countries - under some of the most challenging conditions.
Magal offers comprehensive integrated solutions for critical sites, managed by Fortis4G – our 4th generation, cutting-edge Physical Security Information Management System (PSIM). The solutions leverage our broad portfolio of home-grown PIDS (Perimeter Intrusion Detection Systems), Symphony – our advanced VMS (Video Management Software) with native IVA (Intelligent Video Analytics) security solutions.
Forward Looking Statements
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in Magal's reports filed from time to time with the Securities and Exchange Commission, including its Annual Report on Form 20-F and Current Reports on Form 6-K.
The global military radar systems market to reach USD 14.46 billion by 2024, driven by the rising need for improving safety and security on the borders and rising conflicts among neighboring nations. North America was the largest regional market commanding the highest revenue share in 2016 and is expected to maintain its dominance over the forecast period.
The region is home to many active vendors such as Raytheon Company and Northrop Grumman Corporation in the defense market at large. Rise in investment activities, especially in developing countries such as China and India to strengthen their armies is expected to boost the military radars systems market over the forecast period.
The ground-based radar platform dominated the market owing to its uses and applications in surveillance and weapon guidance. The segment is expected to continue to dominate the market over the forecast period as well. Airborne radars are widely used for guiding missiles and for tracing accurate and precise targets. Naval radars are expected to follow a similar growth trajectory with an expected increase in demand over the forecast period.
Growing safety and security concerns with the nations along with rising investments and defense budgets are expected to spur growth in military radar systems market. Technological advancements in the military radar systems industry are leading to the growth and development of lightweight military radars which is projected to add to the growth of the market over the forecast period.
Browse full research report with TOC on "Military Radar Systems Market Size and Forecast, By Platform (Ground-Based, Naval, Airborne, Space-based), By Application (Weapon guidance, Surveillance), And Segment Forecasts, 2014 - 2024" at: https://www.hexaresearch.com/research-report/military-radar-systems-market
The military radar systems market is estimated to witness growth in demand owing to the escalation in terrorist activities, border intrusions, and inter-country conflicts. Military radars are used for accurate and precise detection, surveillance, tracking, warning, and ground mapping of weapons and aircraft in the war zone.
While the market for military radar systems is expected to grow over the forecast period, it remains susceptible to the prevailing economic situations. The result of economic slowdown has affected military spending in many countries, hindering the growth opportunities for defense market at large.
European countries, such as Germany, UK, and Russia have observed cut down in defense expenditure owing to the financial crises and macroeconomic conditions. Furthermore, the development of space-based radars involves considerable expenditure on R&D activities, engineering, and production.
Browse reports of similar category by Hexa Research:
• Commercial Telematics Market - Global Commercial telematics market size was estimated to be worth USD 17.54 billion in 2016. Technological advancements such as real-time engine diagnostics, GPS tracking, fatigue alert, and drive lane assist are expected to boost the market.
• Mobile Satellite Services Market - Global mobile satellite services market size is expected to reach USD 5.53 billion by 2024. The growing demand for communication devices which provide services such as sending and receiving data from any remote location is the key factor that has been driving the market.
• Home Automation Market - Global home automation market size was USD 17.48 billion in 2016 and is expected to grow over the forecast period. The market is being primarily driven by increasing awareness for less energy consumption, the rise in electricity prices, and advancement in technology.
• Software Defined Data Center (SDDC) Market - Global software defined data center market size was valued at USD 26.33 billion in 2016 and is expected to grow owing to its benefits such as advances in networking capability, reduction in storage cost, virtualization and high flexibility.
Hexa Research has segmented the global military radar systems market based on platform, application and region:
Segmentation by platform, 2014 - 2024 (USD Billion)
Segmentation by application, 2014 - 2024 (USD Billion)
• Weapon guidance system
Segmentation by region, 2014 - 2024 (USD Billion)
• North America
• Asia Pacific
Key players analyzed
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Company
• Saab Sensis Corporation
• BAE System PLC
• Airbus Group
• General Dynamics Corporation
• Leonardo DRS
• Harris Corporation
About Hexa Research
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Salient CRGT Expands Mobility Product Offering to Provide Law Enforcement Quick Access to Investigative Data
FAIRFAX, Va., Nov. 21, 2017 -- Whether it's a state trooper needing an immediate background check on a motorist or an investigator requiring timely criminal evidence for a case, law enforcement officials demand instant access to crucial investigative information. Recognizing this challenge to rise to higher level of performance, Salient CRGT, Inc., a leading provider of technology consulting services has partnered with Kaseware, the leader in investigative case management solutions, to integrate Salient CRGT's Voyager™ Query for Law Enforcement within the Kaseware investigative case management system to make it easier for law enforcement agencies to obtain criminal justice data.
Kaseware investigative case management system combines incident and case management, dispatching, evidence management, and analytics in a single, integrated system. Salient CRGT's Voyager Query's proven, cloud-based CJIS integration platform, paired with Kaseware's integrated system eliminates the need to maintain multiple software products or reinvent connecting to legacy systems and databases. As a result, this strategic partnership enables agencies to cost effectively support information sharing, comprehensive investigations, and crime reduction programs.
"Data sharing in law enforcement is a powerful tool used to not only protect the lives of law enforcement officers, but also enhance public safety and neutralize criminal activity. Partnering with Kaseware further expands Voyager Query's commercial reach and enhance the delivery of critical information to the hands of first responders," said Dr. Larry Rose, SVP of Commercial Services at Salient CRGT.
Salient CRGT currently serves more than 250 law enforcement communities encompassing over 2,100 users using Voyager Query for Law Enforcement. Voyager Query's infrastructure allows authorized agencies to access critical Criminal Justice Information Services (CJIS) compliant data over any wireless network and the ability to message between multiple users and agencies provides a new level of information sharing capability. Kaseware is offered as a CJIS compliant SaaS or on premises integrated suite of capabilities that's easy to use and full featured.
"Kaseware was developed by the same team that built the FBI's current global investigations and case management system. We understand the critical impact of relevant and timely law enforcement data to any investigation," said Chad Fulgham, Co-Founder and CEO of Kaseware and former FBI CIO. "Kaseware's offering of Salient CRGT's National Crime Information Center searching at no extra cost for all Kaseware law enforcement officials customers is yet another example of how Kaseware is committed to supporting our law enforcement professionals."
About Salient CRGT
Salient CRGT provides federal civilian, defense, homeland, and intelligence agencies, as well as Fortune 1000 companies, with expertise and leadership in health, data analytics, cloud, agile software development, mobility, cyber security, and infrastructure solutions. We support these core capabilities with full life‐cycle IT services and training—to help our customers meet critical goals for pivotal missions. The most innovative talent delivery model in the industry, scientifically providing exactly the right people for the customers' most pressing requirements, fuels these critical capabilities. Salient CRGT has earned a record of success with integration and operations of large‐scale, high‐volume solutions. On March 1, 2017, Salient CRGT completed its acquisition of Information Innovators, Inc. – visit newsroom and explore www.salientcrgt.com.
Kaseware is a tech startup that empowers agencies of any size with advanced investigative and case management technology to deliver incident and case management, investigations, analytics, and information sharing solutions to law enforcement, intelligence, government, and corporate security organizations. Its solution is offered as Software-as-a-Service (SaaS) or On-Premises Enterprise and always supports modern browsers and major mobile platforms
Tweet: [email protected]_CRGT expands mobility product offering to provide law enforcement quick access to investigative data http://bit.ly/1MGSz5l
SOURCE Salient CRGT
VANDENBERG AIR FORCE BASE, Calif., Nov. 18, 2017 -- Today, NASA launched NOAA's next-generation polar satellite, the Joint Polar Satellite System-1, into space. Two Raytheon (NYSE: RTN) weather programs are mission-critical components of the satellite's mission: the JPSS Common Ground System and the Visible Infrared Imaging Radiometer Suite sensor.
JPSS CGS, a global system of ground antennas and high-performance computers, provides the mission planning and command and control once in space. Recently upgraded, the JPSS CGS 2.0 delivers observations to NOAA's National Weather Service almost 50 percent faster than before.
"Every day, thousands of decisions depend on accurate weather forecasting and environmental monitoring," said Matt Gilligan, vice president of Raytheon's Navigation and Environmental Solutions. "Our latest generation Common Ground System has been fully operational since August, and it's ready to support the new JPSS-1's mission as part of the growing polar satellite constellation."
Once in space, Raytheon's VIIRS sensor, one of six on the JPSS-1 satellite, will collect imagery in 22 bands of light—from visible to infrared—allowing scientists to observe emerging weather and climate patterns in unprecedented detail. The sensor's low light imaging day-night band provides invaluable imagery, supporting mission area domain awareness and disaster monitoring and management.
"From 500 miles up in space, VIIRS is changing the way we see Earth," said Robert Curbeam, director of Civil Space programs for Raytheon's Space and Airborne Systems business. "Its value goes well beyond weather forecasting."
The JPSS-1 satellite joins its predecessor, Suomi National Polar-orbiting Partnership satellite, in circling the Earth pole-to-pole 14 times a day, providing full global coverage and contributing data into the U.S. weather forecast models. Those models are the basis for three- to seven-day forecasts that save lives, protect property and decrease the negative impact of severe weather.
Beyond forecasting, VIIRS captures and JPSS CGS processes and distributes measurements of atmospheric temperature and moisture, which are critical to volcanic ash, wildfire, and drought monitoring.
Raytheon works in partnership with NOAA to create a more 'Weather-Ready Nation.' Click here to learn more about our Weather-Ready Nation Training Modules.
Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.
Information and Intelligence Systems
PRISMA Telecom Testing Exhibits at Milipol Paris 2017 Showcasing EmergencyNET, a Compact Portable Private Mobile Network
PRISMA Telecom Testing, a leading supplier of innovative solutions for the wireless industry, will present the latest developments of its EmergencyNET systems at Milipol Paris 2017, the leading event for homeland security, held on 21-24 November.
A compact plug-and-play portable system offering a complete private mobile network, EmergencyNET can provide reliable connectivity in case of major network breakdowns, enabling swift re-establishment of communications following disaster events.
Thanks to its extremely easy and quick setup, EmergencyNET enables rescuers to connect to any mobile device present in the emergency network area without delay, while victims can communicate their needs and position using standard devices.
A standalone private mobile network (no satellite connection is needed to operate), military certified from a mechanical point of view, EmergencyNET offers incomparable flexibility both in the scope of applications supported (ranging from railway emergency management to maritime operations and in general for critical infrastructure protection) and in terms of sheer scalability (such as number of users, number of calls, data throughput).
EmergencyNET, in its most compact backpack version, offers a complete mobile network for a single technology (GSM/GSM-R, UMTS or LTE). The extended EmergencyNET trolley version supports three different access technologies (GSM/GSM-R, UMTS, LTE) also running in parallel, thus operating as a multiple technology network provider.
PRISMA will exhibit at booth 6J123.
About PRISMA Telecom Testing
PRISMA Telecom Testing is a leading supplier of innovative and flexible performance testing solutions for mobile networks verification. PRISMA's test solutions for 2G/3G/4G/5G mobile networks, both over the wired and the radio interfaces, draw on over 30 years of experience in telecommunications engineering. The largest wireless Network Equipment Manufacturers and Service Providers worldwide rely on PRISMA for complete Radio Access Network testing.
A privately owned company, PRISMA Telecom Testing (formerly PRISMA Engineering) is headquartered in Milan, Italy, with its own offices in France, China, Sweden, the USA and Finland and partners across Europe, Asia and the Americas.
For more information about PRISMA and EmergencyNET: http://www.prismatelecomtesting.com
SOURCE PRISMA Telecom Testing
xG Technology's IMT Vislink Business Awarded $12.5 Million US Army Contract for Hand-Held Intelligence, Surveillance and Reconnaissance Receiver Devices
SARASOTA, Fla., Nov. 20, 2017 -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a leading provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for critical communications, announced today that its IMT Vislink business has been awarded a $12.5 million contract by the U.S Army with an estimated completion date of Sept. 24, 2020 for the supply of hand-held intelligence, surveillance and reconnaissance receiver devices. This represents the third contract received from the Army since 2013 for this same requirement.
Equipment covered by the contract includes ruggedized, lightweight hand-held receivers designed to display real-time video imagery transmitted by aerial assets or frontline surveillance platforms, as well as related accessories.
George Schmitt, Executive Chairman and CEO of xG Technology, said, "We are honored to have been chosen by the U.S. Army to fulfill this important contract. It is a huge game changer that underscores our proven expertise in designing and delivering best-in-class wireless video communications solutions that enhance tactical insights. We will work closely with the Army to ensure they gain maximum effectiveness of our equipment in conducting their operations. We look forward to commencing product deliveries, and have already manufactured 50 units that are ready to ship as needed to our forces overseas."
Mr. Schmitt continued, "Beyond just the value of the contract to us, we are proud to have our technology support our fighting men and women overseas and look forward to supporting our troops in any way we can. This is hopefully the first of many contracts we will be successful in obtaining in the future."
IMT and Vislink have decades-long experience providing secure wireless video communications and mission-critical solutions for law enforcement, defense and homeland security applications around the world. With thousands of digital microwave radio systems deployed, they are the de facto standard in high performance, rapidly deployable systems that meet the most stringent requirements.
About xG Technology, Inc.
xG Technology's brands provide wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for use in challenging environments. xG's brand portfolio includes Integrated Microwave Technologies (IMT), Vislink, and xMax.
IMT has pioneered advanced digital microwave systems and is a trusted supplier to broadcast, sports and entertainment, and MAG (Military, Aerospace & Government) markets. Their products are recognized for high levels of performance, reliability, build quality, extended operating ranges and compact form factors. More information about IMT can be found at www.imt-solutions.com. Vislink specializes in the wireless capture, delivery and management of secure, high-quality, live video, and serves broadcast & media and public safety & surveillance markets. More information about Vislink can be found at http://www.vislink.com/.
xMax is a secure, rapid-deploy mobile broadband system that delivers mission-assured wireless connectivity in demanding operating environments. It was designed to serve as an expeditionary and critical communications network for use in unpredictable scenarios and during fluid situations, making it ideal for disaster response, emergency communications, and defense applications. More information about xMax can be found at http://www.xgtechnology.com/system-overview/. In addition to the above business lines, xG has a dedicated Federal Sector Group (xG Federal) focused on providing next-generation spectrum sharing solutions to national defense, scientific research and other federal organizations. Additional information about xG Federal can be found at http://www.xgtechnology.com/technology/xg-federal/.
Based in Sarasota, Florida, xG Technology has over 100 patents and pending patent applications. xG is a publicly traded company listed on the NASDAQ Capital Market (symbol: XGTI) For more information, please visit www.xgtechnology.com.
Cautionary Statement Regarding Forward Looking Statements
Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words "anticipate," "believe," "estimate," "upcoming," "plan," "target", "intend" and "expect" and similar expressions, as they relate to xG Technology, Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.
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SOURCE xG Technology, Inc.
ALBUQUERQUE, N.M., Nov. 15, 2017 -- The U.S. Navy awarded Raytheon Company (NYSE: RTN) a $79 million contract to develop a new advanced telemetry system for the U.S. Navy's Range Support Aircraft. The high-tech plane will replace the Navy's aging telemetry test aircraft, which has been in service since the 1970s.
Based within the Gulfstream G550 airborne early warning airframe, Raytheon's modern solution will offer multi-role capabilities in telemetry data collection, range safety and surveillance, and communications relay.
"It's like replacing your old eight-track tapes with streaming digital music – there's simply no comparison," said Todd Callahan, Raytheon Naval and Area Mission Defense vice president. "Our new Range Support Aircraft will use the latest technology to support advanced weapons testing and other missions for the next 25 years."
To develop and deliver this new capability to the Navy, Raytheon will draw on its wide portfolio of products, proven technology and extensive test and evaluation expertise. Once operational, the Range Support Aircraft will collect and process telemetry data from missiles, aircraft, UAVs and ships.
Raytheon will perform system design, fabrication and aircraft integration. Once integration is complete, the company will conduct flight testing, training and mission operations with the Navy team before delivering the much-needed range support asset.
Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.