New Indy defense innovation summit to feature Pence as keynote speaker
Lawmakers, regional partners and sector leaders are expected to attend the two-day Midwest Defense Innovation Summit on Oct. 16-17 at the Indiana Convention Center.
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Crane naval base poised for growth as innovation hub
Twenty years after nearly being shuttered, U.S. Naval Surface Warfare Center, Crane Division, has become a key player in the federal government’s strategy to outpace its foreign rivals in the booming microelectronics industry.
With $111M investment, Indiana University betting big on microelectronics
Indiana University is partnering with the Naval Surface Warfare Center, Crane Division, to boost the growth of the microelectronics industry in Indiana.
UPDATE: Department of Defense awards Indiana $33M for regional innovation hub
Indiana is one of eight states selected for a regional technology and innovation hub that will be part of a federally funded national network of centers supporting domestic production of microelectronics, semiconductor manufacturing and other advanced technologies.
Allison awarded $6.5M in DOD funding to develop armored-vehicle transmission
Allison Transmission said its NextGen transmission, if accepted, will be part of the U.S. Army’s Optionally Manned Fighting Vehicle.
2022 Innovation Issue: Connecting Crane with private sector will drive Indiana’s defense industry
Connecting what happens behind the locked gates at Crane with the rest of Indiana’s economy takes some coordination. In the middle of that effort is the Indiana Innovation Institute.
Vertex hopes military contract will bring business to Indianapolis site
Vertex announced this week that it has been awarded a seat on a $46 billion Air Force contract, which gives the company the right to bid on projects that fall under the contract.
Rolls-Royce lands huge Air Force contract, will add 150 jobs in Indy
The contract to supply new engines for the B-52 bomber fleet could be worth up to $2.6 billion. It’s one of the largest contracts that Rolls’ Indianapolis operation has ever pursued.
In a first, Congress overrides Trump veto of defense bill
The bill affirms a 3% pay raise for U.S. troops and guides defense policy, cementing decisions about troop levels, new weapons systems and military readiness, personnel policy and other military goals.
State rallying troops to increase Department of Defense spending in Indiana
Reaching Gov. Eric Holcomb’s goal would entail boosting the amount of federal defense dollars spent in Indiana to at least $10.2 billion in the next five years.
In major deal with Boeing, Rolls-Royce to make engines for new unmanned Navy aircraft
Rolls-Royce in Indianapolis has been selected to build the jet engine to power the revolutionary MQ-25 Stingray.
Allison fears U.S. military giving Spanish competitor unfair advantage
Allison Transmission is concerned its specialized combat-vehicle transmission production line, which accounts for more than $100 million in annual revenue, is under threat.
Purdue joins team devising materials for super-fast aircraft
The three-year project involves research into and development of materials and structures for reusable hypersonic aircraft, which travel at five times the speed of sound.
White House: Trump budget will hike defense spending by $54B
To counter defense-spending increases, the president plans to propose corresponding cuts to domestic programs and foreign aid.
WWII-era Navy plant modernizes, expands
The local operation of multibillion-dollar defense contractor Raytheon Co. has become the sole location for some key Raytheon programs, including modernizing outdated military vehicles.