Archive: Business/Financial

General Dynamics C4 Receives $75 Million Order On CHS-3 For Win-T

General Dynamics [GD] C4 Systems unit has received a $75 million order on the Common Hardware/Software 3 (CHS-3) contract from the Army for military hardware and software, including computers and network equipment for the Warfighter Information Network-Tactical (WIN-T) Program. The CHS-3 contract vehicle enables the military and government agencies to affordably access the latest commercial […]

U.K. MoD Orders More Lockheed Martin Desert Hawk UAS

The United Kingdom’s Ministry of Defence awarded Lockheed Martin [LMT] a $4.8 million contract to procure additional Desert Hawk III Unmanned Aircraft Systems (UAS), the company said Nov. 28. With a $6.3 million award in April, the contracts are directed at increasing the capability of the British Army. The Desert Hawk III UAS consists of […]

U.S. Forces Need More Persistent ISR, Ability To Move Data Across Battlefield, Official Says

U. S. forces operating in Iraq and Afghanistan need more persistent intelligence, surveillance and reconnaissance (ISR) as well as the ability to move data and images across the battlefield, according to the head of the Marine Corps’ special operations command (MARSOC). Marine Corps special operations forces have a limited persistent ISR capability, but they have […]

Kuwait Seeking PAC-3 Missiles, Upgrades

Kuwait has requested a possible $1.36 billion sale of 80 PAC-3 missiles, PAC-2 missile upgrades to GEM (Guidance Enhanced Missile)-T, and Patriot ground support equipment upgrades as well as associated equipment and services, the Defense Security Cooperation Agency (DSCA) reported. Along with the PAC-3 missiles, Kuwait is looking to buy Patriot GEM-T Modification Kits to […]

State Department To Delay Sale of Weapons To Saudi Arabia

The State Department last week told Congress it has postponed a request for the sale of GPS-guided bombs to Saudi Arabia until mid-January. The State Department announced the $20 million arms sales package in July as part of a diplomatic effort in the Middle East. In November, the Defense Department told Congress it intended to […]

MDA To Acquire Alliance Spacesystems To Expand U.S. Presence

By Calvin Biesecker Canada’s MacDonald, Dettwiler and Associates (MDA) yesterday said it has agreed to acquire Alliance Spacesystems, a California-based space company with composite structures expertise and a leading position on robotic space subsystems, in a deal that expands its market channel in the United States for its space business. Terms of the deal, which […]

Bell Helicopter, Army, Sign Cooperative Agreement To Develop CBM Technologies

Bell Helicopter Textron [TXT] and the Army Aviation Applied Technology Directorate (AATD) have signed an agreement to develop and mature state-of-the- art condition based maintenance (CBM) technologies. Bell’s winning proposal for this three-year program includes risk sharing partners Honeywell [HON] and Goodrich Corporation [GR], and a variety of internationally recognized universities, small businesses, and consultants. […]

Navy, Industry, Tackle Unmanned Systems Operation From LCS

By Geoff Fein The Navy and Northrop Grumman [NOC] are working to develop, test and eventually integrate technologies onto both variants of the Littoral Combat Ship (LCS) that will enable mission module crews to operate multiple unmanned systems from a common control station. The Program Executive Officer for Littoral and Mine Warfare (PEO LMW) has […]

Wyle To Acquire RS Information Systems

Wyle said recently it has agreed to acquire RS Information Systems (RSIS), significantly expanding the company’s capabilities and customer base in the federal information technology (IT) sector and also giving it a larger presence in the Washington, D.C., area. Terms of the deal between the two private companies were not disclosed. Wyle, base in California, […]

UAE Buying PAC-3 Missiles, E-2C Upgrades

The United Arab Emirates is looking to spend upward of $9 billion to buy 288 Patriot Advanced Capability-3 (PAC-3) missiles as well as associated equipment and services, the Defense Security Cooperation Agency (DSCA) reported. In addition to the PAC-3 missile sales, the UAE is seeking 216 Guidance Enhanced Missiles-T (GEM-T), nine Patriot Fire Units that […]