Archive: Business/Financial

JTRS JPEO Touts Progress In Program’s Business Model

By Jen DiMascio Three years ago, a program with ambitions of connecting all of the military services with software defined radios was in trouble–in trouble with Congress and in trouble with the Defense Department. But the Joint Tactical Radio System has rebounded over time and is putting itself in a position to realize savings with […]

New iRobot PackBot Unveils New Mapping Kit Payload

iRobot [IRBT] has announced a new Mapping Kit payload for its combat-proven PackBot that will help warfighters manage search, surveillance and reconnaissance, according to officials. "PackBot with Mapping Kit utilizes new technology that directly addresses the needs of modern warfighters and other first responders to safely gather crucial environmental intelligence without having to enter hazardous […]

Raytheon Launches Persistent Surveillance Eagle-300 Sensor

By Ann Roosevelt Raytheon [RTN] yesterday announced the launch of the Eagle-300, a wide area long-range sensor providing a persistent 360-degree view of a specific area, officials said. "Persistent surveillance is an ever more important need in the uncertain environment that we live in today," Gene Blackwell, Raytheon vice president of the Rapid Initiatives Group […]

BAE SYSTEMS Awarded Close To $900 Million In Bradley Reset Work

BAE SYSTEMS Dec. 11 was awarded two Army contracts that total nearly $900 million to reset Bradley Fighting Vehicles. The first reset contract, issued Nov. 29, is a $709.3 million firm-fixed-price and cost-reimbursable contract The work will be done in York, Pa., and completed by Dec. 31, 2009. The contract funds will not expire at […]

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

Boeing [BA] beat out Ball Aerospace & Technologies Corp. [BLL] to win a $799.5 million avionics instrument unit for the Ares I upper stage rocket that someday will lift the Orion crew exploration vehicle into space, NASA leaders announced in a news conference yesterday. That completes the major contract awards for the Constellation Program effort […]

Air Force F-22 Raptor Stealth Fighter Reaches Full-Operation-Capability Milestone

By Michael Sirak The Air Force yesterday declared that its F-22A stealth multirole fighter aircraft has fulfilled all of its performance and operational requirements as a weapon system, and its pilots and maintainers are ready for operations, including combat employment, thereby achieving the major programmatic milestone known as full operational capability (FOC). "After years of […]

Despite Directed-Energy Weapons’ Allure, Many Issues Remain Before Fielding

By Michael Sirak Directed-energy weapons like lasers and high-powered microwaves (HPMs) still hold great promise in the eyes of Pentagon weapons designers for dramatically impacting the battlespace and how an adversary operates, but many issues remain along the path to fielding them and integrating them into mainstream military operations, a senior Pentagon official said earlier […]

Leading Service Associations To Merge

By Calvin Biesecker The Professional Services Council (PSC) and the Contract Services Association of America (CSA), the two leading trade groups that lobby in support of companies that provide a range of base support, consulting, information technology and technical services to the federal government, will merge at the start of 2008. The combined entity will […]

Northrop Grumman, Boeing, And Raytheon Will Respond To Missile Defense Follow-on RFI

By Ann Roosevelt Northrop Grumman [NOC], Raytheon [RTN] and incumbent Boeing [BA] say they will respond to the Missile Defense Agency’s (MDA) Request for Information (RFI) for the Ground-based Midcourse Defense (GMD) Segment Follow-on Effort. MDA is working on a follow-on acquisition strategy to the GMD effort now under way with Boeing as prime contractor. […]

Accenture Completes Purchase of MAXIM

Accenture [ACN] yesterday said it has completed its acquisition of defense consulting firm MAXIM Systems, Inc., giving it new capabilities in designing, developing, installing and supporting C4ISR systems for military and intelligence agencies. "C4ISR is a key strategic growth area for Accenture," Eric Stange, managing director of Accenture’s United States Defense practice, said in a […]