Archive: Business/Financial

Schwartz: Expanded Global Infrastructure Needed For North-To-South Transport

By Michael Sirak and Jen DiMascio The U.S. military’s global transport network needs to grow from it’s current east-west orientation to a more robust en-route infrastructure that can move personnel and material more readily north to south as well, including into regions of growing interest such as Africa, the general overseeing this network said yesterday. […]

General Dynamics UK Ltd. Collaborates With UWE To Develop Facial Recognition System

General Dynamics [GD] United Kingdom Limited subsidiary yesterday announced it is collaborating with the University of the West of England (UWE), the Imperial College London, the Home Office Scientific Development Branch, Identity Solutions Ltd., and the International Association for Biometrics, to advance facial recognition techniques. The team is researching 3-D imaging techniques as part of […]

Boeing, Northrop Grumman Vie For Multibillion Dollar KC-10 Logistics Contract

Boeing [BA] and Northrop Grumman [NOC] yesterday announced their interest in winning the Air Force’s multibillion contest to provide contractor logistics support (CLS) to the service’s KC-10 tanker aircraft as well as two Royal Netherlands Air Force KDC-10 aircraft over approximately the next decade. Boeing, the current CLS provider for the Air Force’s 59-aircraft KC-10 […]

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 […]

Marine Corps Makes Recommendation To Limit MRAP Buys To JROC

By Geoff Fein The drop in attacks on Marines in Iraq has in part led the service to re-examine the number of Mine Resistant Ambush Protected (MRAP) vehicles it will buy as the Corps moves toward a mix of larger trucks and smaller uparmored Humvees, the Commandant of the Marine Corps said. The proposal by […]

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, […]