Archive: Business/Financial

Coast Guard Sees ICGS Phasing Out of Deepwater

By Calvin Biesecker As the Coast Guard continues to assume a greater systems integration role over its Deepwater modernization program, the contractor originally hired for the lead systems integration job will eventually probably have nothing to do with the program, service acquisition officials said yesterday. Two years ago about two-thirds of the Coast Guard’s Deepwater […]

Navy Grounds 39 P-3C Orions Due To Structural Fatigue Concerns

By Geoff Fein The Navy yesterday grounded 39 of its fleet of P-3C Orion aircraft due to structural fatigue concerns discovered during an ongoing evaluation of the aircraft, according to the service. "This is a proactive effort based on the study," a Naval Air Systems Command (NAVAIR) spokesman told Defense Daily yesterday. The Navy has […]

DHS Announces Grant Guidance To Help States Implement REAL ID

The Department of Homeland Security (DHS) last week issued grant guidance and application kits to help states prepare for the implementation of REAL ID compliant drivers’ licenses beginning May 11. Individual states or states acting in groups will be able to apply for $31.3 million in demonstration grants, which are aimed at checking motor vehicle […]

Japanese Aegis Destroyer Wins Test By Killing Target Missile With SM-3 Interceptor

The Japanese destroyer Kongo yesterday employed its Aegis weapon control system to guide a Standard Missile-3 to destroy a U.S. target missile. It was the first time that an allied nation has used the Aegis/SM-3 ballistic missile defense (BMD) system in a test. Japanese self-defense forces have moved to develop a BMD capability in the […]

General Dynamics Declares Success For FCS Robotic Convoy Experiment

General Dynamics [GD] Robotic Systems yesterday announced the successful completion of Phase I of the Future Combat Systems (FCS) Robotic Convoy Experiment (RCX) at White Sands Missile Range, N.M. "We received positive results from our team at White Sands," Phil Cory, president of General Dynamics Robotic Systems, said. "The current preparations position us for a […]

United Kingdom Requests 170 MRAP Vehicles

The Defense Security Cooperation Agency (DSCA) Dec. 17 notified Congress of a possible $147 million Foreign Military Sale to the United Kingdom of Mine Resistant Ambush Protected (MRAP) vehicles as well as associated equipment and services. The United Kingdom has requested a possible sale of 170 Mine Resistant Ambush Protected (MRAP) Category II vehicles, tools […]

DoD Report Finds Little Reliance On Foreign Sources of Supply

The Pentagon continues to award the overwhelming preponderance of its prime contracts, both in percentage and dollar terms, to domestic contractors, according to the latest report on the subject by the Defense Department’s industrial policy office. In FY ’06 DoD awarded $76.6 billion, or 97.6 percent, in contracts to firms based in the United States, […]

L-3 Communications Protests Army Translation Award To DynCorp

By Ann Roosevelt L-3 Communications [LLL] yesterday filed a formal protest with the Government Accountability Office (GAO) challenging the Army’s award of a $4.6 billion contract for translators and linguists to Global Linguist Solutions (GLS). GLS is a partnership formed by DynCorp International [DCP] and McNeil Technologies. L-3 does not comment on protests, nor does […]

Cessna Signs ARINC Defense Unit For Special Mission Modifications

ARINC Engineering Services, LLC, a portfolio company of The Carlyle Group, Dec. 13 announced it has entered into a business relationship with Cessna Aircraft [TXT], to perform design, engineering and physical modification work to equip Cessna customer aircraft for special mission operations. "ARINC was selected to participate in this RFI due to our past successful […]

In The News

Space Rocket Engine Passes Test: ATK Alliant Techsystems [ATK] demonstrated a critical capability of its liquid oxygen (LOX)/methane rocket engine by igniting it in a vacuum chamber, ATK announced. The test demonstrated the viability of a LOX/methane rocket engine for a lunar ascent mission. This test engine was designed for 3,500 pounds/feet thrust to bracket […]