Archive: Business/Financial

E-2D Advanced Hawkeye Flies First Mission System Flight

By Geoff Fein The Navy’s all-weather, airborne early warning battle management aircraft, the E-2D Advanced Hawkeye, flew its first mission system flight, with its radar operating, earlier this month, and the second aircraft has begun flight testing at Northrop Grumman’s [NOC] St. Augustine, Fla., facility. The mission system flight lasted four and a half hours […]

CBP Issues Requirements For Container Security Devices

Customs and Border Protection this week issued a Request for Information (RFI) for existing Conveyance Security Devices (CSDs) mounted inside cargo containers to meet requirements that appear less robust than expected. The requirements, released along with the RFI on recently, seek information on CSDs that can report if, and when, cargo container doors are opened […]

Morocco Spending $2.6 Billion For Aircraft, Equipment

Morocco is looking to spend upward of $2.4 billion for 24 F-16C/D Block 50/52 aircraft as well as associated equipment and services, according to the Defense Security Cooperation Agency (DSCA). Besides the 24 F-16s, which will be equipped with either the F100-PW-229 or F110-GE-129 increased performance engines and APG-68(C)9 radars, Morocco is seeking: five F100-PW- […]

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 […]

Lockheed Martin Debuts Marine Corps’ F-35B STOVL

Lockheed Martin [LMT] yesterday rolled out the Marine Corps’ F-35B short takeoff/vertical landing variant of the Joint Strike Fighter, a little over a year since the first F-35 took its inaugural flight. The F-35B, designed to replace Marine Corps AV-8Bs and F/A-18s, is one of three variants of the Lightning II. Its first flight is […]

Lockheed Martin To Provide AN/TPS-77 Radar To Latvia

Lockheed Martin [LMT] yesterday said it received a contract valued at $44 million from the Latvian National Armed Forces for two long-range AN/TPS-77 transportable air surveillance radar systems and options for long-term technical support. The contract included priced options for up to four additional TPS-77 radars for Estonia and Lithuania. In 2003, Lockheed Martin delivered […]

Senators Press Administration To Ask For C-17 Funding In FY’09

By Jen DiMascio Nineteen Senators last week urged Defense Secretary Robert Gates and Office of Management and Budget Director Jim Nussle to provide enough funding for C-17 Globemasters in the administration’s fiscal year 2009 budget request. "For each of the last two years, the Pentagon has failed to fund C-17 aircraft in the annual budget […]

Pentagon Awards Four Firms $2.6 Billion For 3,126 MRAPs

The Pentagon yesterday awarded more than $2.6 billion to four companies for an additional 3,126 Mine Resistant Ambush Protected (MRAP) vehicles to be manufactured and completed by end of July 2008. International Military and Government LLC (IMG), was the big winner, capturing $1.183 billion firm-fixed-priced delivery order to purchase an additional 1,500 Category I (CAT […]

iRobot Wins $286 Million Army x-Bot Contract

By Ann Roosevelt The Army yesterday said that iRobot [IRBT] was awarded the $286 million indefinite-delivery/indefinite-quantity contract that could call for as many as 3,000 robots, spare parts, training and repair services over the next five years. "We’re pleased twice–we’re pleased to have what some here have described as a [author John] Grisham novel, included, […]

Lockheed Martin In Cooperative Agreement With Biometric Firm Cognitec

Firming up its ability to integrate and offer multi-modal biometric solutions, Lockheed Martin [LMT] yesterday said it has signed a cooperative agreement with the Germany-based facial recognition technology firm Cognitec Systems. "This cooperation agreement will improve our ability to offer our customers a complete and fully integrated portfolio of biometrics technologies," Bob Eastman, Lockheed Martin’s […]