Pressure Building On KC-X Award
The recent semi-private World Trade Organization (WTO) ruling in the Airbus subsidiaries matter is now inserting itself into the U.S. Air...EMRISE Corporation Enters into Short Term Forbearance Agreement with Lender Through January 15, 2010
March 21, 2010 by Business Wire Defense: Contracts News · Comment
Filed under: Syndicated Industry News
EATONTOWN, N.J.--(BUSINESS WIRE)--EMRISE CORPORATION (NYSE Arca: ERI) today announced that it has entered into a short term forbearance agreement with its lender through January 15, 2010. As of December 31, 2009, EMRISE, (the “Company”) would have been in default of certain financial covenants under its credit agreement with its lender, including the requirement to raise $3 million in equity by December 31, 2009. On December 30, 2009, EMRISE and certain of its subsidiaries entered inFiled under: Syndicated Industry News
-
Search This Site
Custom Search -
-
-
-
-
Recent Posts
- Contracts for March 19, 2010
- Boeing Can’t Be Seen As Taking Advantage Of Being Sole Bidder
- House Armed Services Committee: Hearing on the FY 2011 Budget Requests from the U.S. Southern Command and the U.S. Northern Command
- Boeing Completes Preliminary Design of Free Electron Laser Weapon System
- House Armed Services Committee: Skelton Statement on Anniversary of Iraq Invasion
-
FREE Business Downloads
-
Latest Defense News
- Contracts for March 19, 2010
- Boeing Can’t Be Seen As Taking Advantage Of Being Sole Bidder
- Boeing Completes Preliminary Design of Free Electron Laser Weapon System
- House Armed Services Committee: Hearing on the FY 2011 Budget Requests from the U.S. Southern Command and the U.S. Northern Command
- House Armed Services Committee: Skelton Statement on Anniversary of Iraq Invasion
- JHPSSL Program Receives Acclaimed Laureate Award From Editors of Aviation Week and Space Technology Magazine
- Boeing Receives Additional Contract for Joint Helmet Mounted Cueing Systems
- Lockheed Martin F-35 Joint Strike Fighter Succeeds in First Vertical Landing
- House Armed Services Committee: Skelton to Introduce Legislation to Protect TRICARE
- DOD CONTRACTS for March 18, 2010
- Today in the Department of Defense, Friday, March 19, 2010
- Contracts for March 18, 2010
- Northrop Grumman Begins Installing First EHF Satcom Hardware on B-2
- Raytheon Missile Systems Establishes Air and Missile Defense Systems Product Line
- U.S. Department of Energy Selects Lockheed Martin to Advance Ocean Thermal Energy Conversion Utility Power Plans
- Raytheon Awarded $12 Million for Patriot Missile Field Surveillance Program
- Northrop Grumman Names Janis Pamiljans Vice President of the Navy Unmanned Combat Air System Program
- Northrop Grumman Names Steven L. Enewold Vice President of Broad Area Maritime Surveillance Unmanned Aircraft System Program
- House Armed Services Committee: Hearing on the FY 2011 Budget Requests from the U.S. Central Command, U.S. Special Operations Command, and U.S. Transportation Command
- DOD CONTRACTS for March 17, 2010
- Northrop Grumman Awarded Planning Contract for the Refueling and Complex Overhaul of USS Abraham Lincoln (CVN 72)
- Today in the Department of Defense, Thursday, March 18, 2010
- National Guard (In Federal Status) And Reserve Activated as of March 16, 2010
- Contracts for March 17, 2010
- India, the New Land of Opportunity for Defense Contractors
- Sage [Grouse] Decision: Why the Feds Refused to Flip the Bird at Power Players
- Today in the Department of Defense, Wednesday, March 17, 2010
- DOD CONTRACTS for March 16, 2010
- US Navy Flag Officer Announcement
- USAF General Officer Announcement (REPOSTED)
- DOD Senior Executive Service Appointments and Reassignments
- Contracts for March 16, 2010
- Northrop Grumman Delivers 500th Directional Infrared Countermeasures System
- Lockheed Martin Awarded Task Order for Continued Production of Symphony IED Jammer Systems
- General Dynamics Advanced Information Systems Awarded $31 Million Navy F/A-18 Mission Computer Contract
- Lockheed’s JSF is Overdue, Over Budget – and Too Big to Fail
- Norad Flight Exercise Planned For Washington, D.C.
- Deputy Commanding General (Support) to Brief Live from Iraq
- Contracts for March 15, 2010
- Krauss-Maffei Wegmann (KMW) Pinpoint Protection for Afghanistan
- Marinette Marine Facility Expansion to Enhance Lockheed Martin’s Littoral Combat Ship Program
- FI Report: Near-Term Growth Expected in Medium/Heavy Military Rotorcraft Market
- General Dynamics Itronix Launches New GDAssure(TM) Program that Certifies Customer Computer Systems Prior to Installation
- Lockheed Martin Delivers Innovative Full-Motion Video Intelligence System to USJFCOM
- General Officer Announcement
- USAF General Officer Assignments
- USMC Flag Officer Announcement
- Christopher Gregoire Named Lockheed Martin Vice President and Controller
- DOD CONTRACTS for March 15, 2010
- Today in the Department of Defense, Tuesday, March 16, 2010
- Now Reports That EADS May Bid After All
- General Dynamics Awarded $9 Million Contract for U.S. Army Medical Command Lean Six Sigma Support
- Lockheed Martin Delivers 1,000th Vertical Launch ASROC Missile
- Raytheon’s Excalibur Ib Demonstrates Accuracy During First Guided-Flight Tests
- James Webb Space Telescope Core Completes Thermal Testing
- Sniper ATP Demonstrates Enhanced ISR Capability at Empire Challenge
- CNO Announces Flag Officer Assignments
- DOD CONTRACTS for March 12, 2010
- DOD News Briefing with Ashton Carter from the Pentagon
- Northrop Grumman Holds 3rd Annual International CEESIM Users’ Conference in the United Kingdom
- Lockheed Martin Awarded $23 Million for Production of JASSM-Extended Range Test Missiles
- Northrop Grumman Delivers Upgraded U.S. Navy Targets
- U.S. Army Receives First Lockheed Martin EQ-36 Counterfire Target Acquisition Radar System
- Manufacturing of Northrop Grumman’s First Low-Rate Initial Production E-2D Advanced Hawkeye Begins
- Raytheon and National Geospatial-Intelligence Agency Improve Flow of Commercial Imagery to Analysts and Warfighters
- Lockheed Martin Receives $60 Million Worldwide LANTIRN Depot Award
- General Dynamics Awarded Department of Homeland Security National Communications System Contract
- Northrop Grumman Plays Major Role in NASA’s Development of Alternate Astronaut Escape System
- Government of Canada Names General Dynamics Land Systems-Canada as Prime Contractor for LAV III Upgrade Program
- Northrop Grumman’s Second E-2D Advanced Hawkeye Enters Next Phase of Flight Testing
- Optex Systems Receives $3.4 Million Purchase Order from General Dynamics Land Systems
- Raytheon Completes Critical Milestone for Mobile X-band Radar System
- General Dynamics Awarded $22 Million by U.S. Navy for Repair Work on USS Hartford
- Military Base Realignments and Closures: DOD Needs to Update Savings Estimates and Continue to Address Challenges in Consolidating Supply-Related Functions at Depot Maintenance Locations. GAO-09-703, July 9
- House Armed Services Committee: schedule for the week of July 13 –17, 2009
- GAO Report: Overseas Contingency Operations: Reported Obligations for the Department of Defense. GAO-09-791R
- Raytheon’s AESA Radar for Boeing F-15E Receives New Designation
- Northrop Grumman Successfully Demonstrates Capabilities of LITENING Targeting System on U.S. Navy F/A-18E/F
- Raytheon’s GBU-53/B Small Diameter Bomb II Completes Risk Reduction
- Hawker Beechcraft, Lockheed Martin Team to Compete for U.S. Air Force Light Attack and Armed Reconnaissance Aircraft
- Lockheed Martin C-5M Super Galaxy Sets World Aviation Records
- Northrop Grumman Advanced Composite Mate Joint Passes Stringent Tests for NASA’s Composite Crew Module Demonstration Program
- Lockheed Martin Team Passes Critical Design Review for Solar Ultraviolet Imager for GOES-R Satellite Series
- UK Awards Javelin Joint Venture $176 Million for Javelin Missile Rounds
- Contracts for March 12, 2010
- Lawsuit Successfully Defends Contract Against Inroads of In-Sourcing
- Two Helicopter Programs Start Over
- EADS-NA Says Not Comfortable Priming KC-X Contract
- Spirit AeroSystems Named to Boeing Tanker Supplier Team — Press Release
- Contracts for March 11, 2010
- Northrop Grumman Names Paul Russell to Lead Space Navigation Business Area
- Northrop Grumman Awarded U.S. Army Europe Linguist Contract
- Aegis Weapon System Tested During International Multiple Ship Demonstration
- Raytheon, Motion Reality Ink Agreement For Virtual Applications
- Lockheed Martin Awarded Arizona Support Center Contract for M-TADS/PNVS
- Lockheed Martin and Aegisound Honored With Defense Department’s Nunn-Perry Award
- GeoEye Selects Lockheed Martin to Build Next-Generation Commercial Remote Sensing Satellite System
- STOVL Jet Prepares for Vertical Landing
- DOD CONTRACTS for March 11, 2010
- US Navy: Flag Officer Announcement
More Defense News -->
-
Content from our trusted partner BNETGet your own CBS Interactive Widget.>GET IT NOW
get your job site
at simplyhired.com
