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Archives :: Market Sectors :: Business
Displaying 1 - 20 of 866 stories.
October 10, 2008
By Geoff Fein The Navy is optimistic a new Joint Expeditionary Fires Analysis of Alternatives (JEF AoA) will help them and the Marine Corps find a solution that meets the requirement at an affordable price, a top Admiral said. Vice Adm. Barry McCullough...http://www.defensedaily.com/sectors/business/4283.html October 10, 2008
Britain's Chemring Group PLC this week said it has conditionally agreed to acquire Non-Intrusive Inspection Technology, Inc. (NIITEK) for $30 million in a deal that would further expand its presence in the United States and position it in the mine detection...http://www.defensedaily.com/sectors/business/4284.html October 10, 2008
By Geoff Fein South Korean shipyards are achieving significant production rates, upward of a ship per week, and there are no signs the facilities are planning to slow down, according to Navy Secretary Donald Winter, who recently returned visiting them. During...http://www.defensedaily.com/sectors/business/4285.html October 9, 2008
By Calvin Biesecker Shipbuilder Marinette Marine on Tuesday protested the Coast Guard's potential $1.5 billion award to Bollinger Shipyards to design and construct the Fast Response Cutter (FRC) patrol boats. The protest was filed with the Government...http://www.defensedaily.com/sectors/business/4265.html October 9, 2008
By Geoff Fein The Navy has to move toward an open systems environment in its surface combatants if it wants to avoid retiring ships too early and to keep pace with the burgeoning ballistic missile threat, a top Navy official said. "When you build a ship...http://www.defensedaily.com/sectors/business/4266.html October 8, 2008
By Ann Roosevelt The Army has exercised $152 million in contract options to accelerate the fielding of the new Lockheed Martin [LMT] Enhanced AN/TPQ-36 Counterfire Target Acquisition radar. The EQ-36 radars will detect, classify, track and determine the...http://www.defensedaily.com/sectors/business/4252.html October 8, 2008
Northrop Grumman [NOC] last week said it has completed its acquisition of geospatial data solutions provider 3001 International, Inc. Terms of the deal...http://www.defensedaily.com/sectors/business/4255.html October 6, 2008
By Ann Roosevelt Downward pressures on the defense budgets and concerns about the Army moving funds from current force heavy combat vehicles into Future Combat Systems (FCS) work is part of the current environment, but for a top BAE Systems executive, what is...http://www.defensedaily.com/sectors/business/4217.html October 6, 2008
By Ann Roosevelt Boeing [BA]'s Global Services & Support (GSS) segment plans to expand its efforts worldwide, and part of that is looking at international opportunities, according to the unit's top executive. "As we continue to grow the business and...http://www.defensedaily.com/sectors/business/4219.html October 6, 2008
NASA, in moving to save money by retiring the space shuttle fleet, will encounter hidden costs and problems, the Government Accountability Office (GAO) reported to congressional committees. The U.S. space agency "faces disparate challenges defining the...http://www.defensedaily.com/sectors/business/4227.html October 6, 2008
Taiwan is seeking to obtain more than $6.4 billion in American weapons including Patriot Advanced Capbility-3 (PAC-3) anti-missile interceptors, under the U.S. Foreign Military Sales program. The gigantic program also includes UGM-84L Harpoon Block II...http://www.defensedaily.com/sectors/business/4230.html October 6, 2008
Plans To Resolve Software Glitches Are Likely To Fall Short, Report States It likely will require more than an estimate $414 million in cost overruns and 15 months of delays to resolve software problems plaguing the next-generation Space Based Infrared System...http://www.defensedaily.com/sectors/business/4231.html October 6, 2008
European Space Agency Sets Sights On Converting Automated Transfer Vehicles To Manned Transport Duty
First ATV Successfully De-Orbited, Burns Up As Planned In Reentry Astrium has provided the European Space Agency (ESA) with an option to convert the Automated Transfer Vehicle (ATV) robotic cargo ship into a manned spacecraft, the agency stated. A wholly...http://www.defensedaily.com/sectors/business/4232.html October 6, 2008
Vice Adm. Murrett: U.S. Systems Can Detect Enemy Tunnels, Spot Individuals As They Walk U.S. intelligence efforts are using huge amounts of civilian space imaging capabilities, and that will continue, Vice Adm. Robert B. Murrett, director of the National...http://www.defensedaily.com/sectors/business/4233.html October 6, 2008
The Interstellar Boundary Explorer, or IBEX, spacecraft will launch Oct. 19 from Kwajalein Atoll on a mission to study the heliopause boundary between the solar system and open galactic space, NASA officials said today. A Pegasus rocket will provide the...http://www.defensedaily.com/sectors/business/4236.html October 6, 2008
NASA Gives Boeing $650 Million Contract Change For Space Station Support NASA awarded a two-year, $650 million contract extension to The Boeing Co. [BA] to continue engineering support of the International Space Station to Sept. 30, 2010. The action extends...http://www.defensedaily.com/sectors/business/4240.html October 6, 2008
Northrop Grumman Corp. [NOC] broke ground on a new facility at Wallops Island on the Eastern Shore of Virginia, the first building in Wallops Research Park. The research Park is a joint effort by NASA, which owns Wallops Flight Facility, and the Marine...http://www.defensedaily.com/sectors/business/4244.html October 3, 2008
General Dynamics [GD] this week said that David Heebner, who is president of the company's Land Systems division, will succeed Michael Toner as chief of the Marine...http://www.defensedaily.com/sectors/business/4207.html October 3, 2008
Brazil is looking to spend upward of $525 million for 15 Sikorsky [UTX] UH-60L Black Hawk helicopters as well as associated equipment and services, according to the Defense Security Cooperation Agency (DSCA). The Black Hawk helicopters will be equipped with...http://www.defensedaily.com/sectors/business/4210.html October 2, 2008
By Geoff Fein General Dynamics [GD] and Israel's Elbit Systems' [ESLT] are hoping their Skylark II Long Endurance (LE) unmanned aerial vehicle (UAV) will capture the contract for the joint Navy and Marine Corps Small Tactical UAS Tier II program. The...http://www.defensedaily.com/sectors/business/4190.html
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