Archive: Business/Financial

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 […]

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 […]

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Northrop To Vie For Ground-based Midcourse Defense Program Segment Northrop Grumman Corp. [NOC] will compete for a piece of the work on the Ground-based Midcourse missile Defense (GMD) program, the company announced. The Missile Defense Agency (MDA) last month issued a request for information (RFI) for the GMD segment follow-on effort, and responses must be […]

Defense Watch

The Latest Word On Trends And Developments In Aerospace And Defense In Limbo. Congress has yet to agree on what to do about the federal budget–and within that how to handle war funding. Senators said last week they are waiting to see what the House sends over on Monday. House leaders have said they will […]

DoD Announces Winning Foreign And Innovative Domestic Concepts For FY ’08

By Michael Sirak An enhanced bomb rack for the F-16 fighter aircraft, new three-dimensional displays for visualization of the battlespace, and a more sensitive biological agent sensor are among the 29 promising domestic and foreign concepts that Pentagon officials have selected to evaluate starting in FY ’08, the Department of Defense (DoD) announced Dec. 13. […]

Senate Passes Defense Spending Bill That Backs Changes To Army Radio Buys

By Jen DiMascio The Senate last week passed the defense authorization bill for 2008, which recommends nearly a billion dollar reduction in the Army’s plans to buy tactical radios. The administration sought $2.9 billion for tactical radios–the bulk of which was included in the president’s supplemental war funding request. The bill provides only $1.4 billion […]

NASA Gives Boeing $799.5 Million Contract For Ares I Rocket Avionics

The Boeing Co. [BA] beat out Ball Aerospace & Technologies Corp. [BLL] to win an up-to $799.5 million avionics instrument unit contract for the Ares I upper stage rocket that someday will lift the Orion crew exploration vehicle into space and on to the moon, NASA leaders announced in a news conference. That award completes […]