Archive: Market Sectors

Kuwait To Upgrade Three L-100-30 Aircraft

Kuwait is looking to upgrade three L-100-30 aircraft as well as associated equipment and services, with a potential value of $250 million, the Defense Security Cooperation Agency (DSCA) reported. Along with the upgrades to the three L-100-30 aircraft (a commercial version of the C-130 aircraft), the sale includes, modifications, spare and repair parts, support equipment, […]

U.S., Iraq, Work To Smooth Foreign Military Sales Process

The United States is working to smooth the path to Foreign Military Sales (FMS) as the government of Iraq works to procure weapons for its national forces, according to a top U.S. official. “We do very much want to see the most efficient functioning of FMS sales for Iraq possible,” Amb. David Satterfield, senior adviser, […]

Singaporean Air Force Orders 12 Additional F-15SG Fighter Jets

The Singapore Ministry of Defence (MoD) on Monday placed an order for 12 additional F-15SG fighter aircraft from Boeing [BA], raising the total number of these multirole jets that it is procuring to 24. This order is a follow-on tasking to the original batch of 12 F-15SGs that Singapore ordered in December 2005 for the […]

Boeing Names Hyslop For GMD Program; Bush Warns of Iranian Threat

Boeing [BA] named its Airborne Laser program leader Greg Hyslop to head another ballistic missile defense program, the Ground-base Midcourse Defense (GMD) project, as it confronts significant challenges. Hyslop becomes vice president and program manager of the GMD program that is proceeding well in missile defense tests but faces large national and international political challenges, […]

Air Force Says Reaper Armed Unmanned Aircraft Now Operating In Afghanistan

The Air Force has been using its new MQ-9A Reaper armed unmanned aircraft in missions over Afghanistan since late September, the service said recently. The General Atomics Aeronautical Systems, Inc. (GA-ASI)-built Reaper is the larger cousin to the MQ-1 Predator unmanned aircraft system (UAS) that has flown extensively in support of combat operations in Afghanistan […]

CBO: Reset Funding May Boost Army Equipment Standards

By Jen DiMascio The nation is spending so much to upgrade equipment that had been damaged in Iraq and Afghanistan that the Army could wind up with better equipment after the war than it had going into the conflict, the director of the Congressional Budget Office (CBO) told lawmakers yesterday. The revelation came along with […]

Newest Air Force Communications Satellite Now On Orbit, Being Readied For Use

The Air Force says the first of its Boeing [BA]-built Wideband Global Satellite Communications (WGS) spacecraft was successfully launched into orbit recently, beginning the process of placing a modern constellation in space by early next decade to replace the service’s aging on-orbit communications infrastructure. Following a series of orbital maneuvers and on-orbit testing, the satellite […]

Future of ASDS In Question, Navy Studying SOCOM Requirement

By Geoff Fein While the Navy and U.S. Special Operations Command (SOCOM) continue to work on reliability issues with the Advanced Seal Delivery System (ASDS), the cost of future ASDS hulls may make the program unaffordable, according to SOCOM. "The original requirement for a small fleet of manned dry submersibles is unchanged, but it is […]

Northrop Grumman Posts Strong Third Quarter Earnings

By Calvin Biesecker Northrop Grumman [NOC] joined in the defense earnings hit parade yesterday, logging a hefty increase in net income helped by higher sales, improved margins, reduced corporate expenses and a one-time gain from the reorganization of a former joint venture. Net income increased 62 percent to $489 million, $1.41 earnings per share (EPS), […]

Lockheed Martin Gets $52 Million To Develop Marine Corps Convoy Trainer

The Marine Corps awarded Lockheed Martin [LMT] a $52 million contract to develop Combat Convoy Simulators (CCS), the next generation of convoy simulators that will provide training for a variety of vehicles, the company reported. "We have transformed our proven technology in an evolutionary way that meets the most urgent needs of the warfighter," Jim […]