Tag Archive : defense

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The U.S. Army has just put more than a billion dollars into a new air defense system called IM-SHORAD to protect soldiers from drone attacks. It is a vital mission – but the last time the Army tried to develop something like this the project failed horribly. And even if the new system works as intended, serious questions remain.

The U.S. has enjoyed air superiority, if not air supremacy, in every conflict for decades. American planes have swept the enemy aircraft from the sky or destroyed them on the ground. The last time an American soldier was killed by enemy air attack was during the Korean War. As a result, while the Russians and others have continued to develop generations of armored vehicles carrying surface-to-air missiles

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Playing Defense With Cloud Software Stocks

October 9, 2020 | software | No Comments

The main risk to cloud software during a less-than-ideal economy is downgrades and churn. Signing new customers can also be a challenge. How a company is faring will often show up in net retention rates.

Net dollar retention rate is a key metric in software-as-a-service (SaaS) that has generated a lot of buzz over the past 10 years or so. This is because it helps to predict cash efficiency for subscription-based models by calculating the inflows of revenue and upgrades minus the outflows of downgrades and churn. The benchmark that SaaS companies are shooting for is between 100% and 106%. Exceptional companies report above 120%. Sammy Abdullah did a great write-up of this in Crunchbase.

Key metrics like net dollar retention rate come from venture capital deals where the goal is to exit through the public markets or through an acquisition. This key metric is helpful to consider, but it

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WASHINGTON — General Dynamics Land Systems has secured a $1.2 billion contract at the close of the fiscal year to build and deliver the U.S. Army’s Interim Maneuver Short-Range Air Defense (IM-SHORAD) system.

The Stryker combat vehicle-based system includes a mission equipment package designed by Leonardo DRS. That mission equipment package includes Raytheon’s Stinger vehicle missile launcher.

The estimated completion date of the contract is Sept. 30, 2025, according to a Defense Department contract announcement.

Work locations and funding will be determined with each order.

GDLS officials told Defense News on Oct. 1 that the initial order for the contract is for 28 vehicles and the company has begun ordering material and laying out production for those vehicles.

The first vehicle under this contract will roll off the line in roughly 18 months, but the first platoon will be fielded in March 2021 and the first battalion (of 32 vehicles)

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