Archive: Market Sectors

Defense Bill To Recommend Strategic Pause On European Missile Defense Site

Removing former Defense Secretary Donald Rumsfeld from the Pentagon has enabled Democrats to shift opinion about building a third ballistic missile defense site in Europe, a leading Democratic lawmaker said this week. The administration was rushing ahead with construction of the missile defense sites in Poland and the Czech Republic to protect against missiles coming […]

Air Force Retains Interest In B-52 Jammer As POM 2010 Build Ensues

By Michael Sirak The Air Force remains interested in establishing a program of record in its FY ’10 program objective memorandum (POM) for a standoff jamming capability on the B-52H bomber aircraft, according to service officials. This concept is known as the Core Component Jammer (CCJ). "But before we proceed," the Secretary of the Air […]

Air Force Promotes Airlift Options For Middle Eastern Partners

DUBAI, United Arab Emirates–The Air Force is looking to build partnerships in the Middle East in the realm of airlift since there is a need both for tactical and strategic capacity in the region, the service’s top international representative said here Sunday at the 2007 Dubai Air Show. "Lift is a big deal. Why? Everybody […]

U.S.-China Commission: List Country Origin On All Weapons Platform Parts

By Dave Ahearn A government commission asked Congress to require the Department of Defense to identify the country of origin of every weapons system component. The recommendation, in an annual 300-plus-pages report of the U.S.-China Economic and Security Review Commission that was submitted to Congress yesterday, was accompanied by a warning against having defense contractors […]

Interoperability And Humanitarian Relief Pushing Foreign Interest In U.S. Ships

Foreign countries are showing increasing interest in buying from the U.S. Navy smaller boats as well as amphibious ships that could be used for humanitarian relief efforts, according to the director of the Navy’s International Programs Office (NIPO). Additionally, foreign navies are asking about the Littoral Combat Ship (LCS), as they look to become more […]

DHS Postpones Certification of Next Generation Radiation Portal Monitors

By Calvin Biesecker Homeland Security Secretary Michael Chertoff has postponed a decision on certifying the cost benefits of new radiation detection portal monitors based on the concerns of Customs and Border Protection (CBP), the agency that would be the primary user of the Advanced Spectroscopic Portals (ASP). CBP doesn’t have any concerns with the next-generation […]

Reaper Unmanned Aircraft Becoming An Increasing Presence In Afghanistan

Southwest Asia–Both the United Kingdom and United States now are operating General Atomics Aeronautical Systems (GA-ASI)-built Reaper remotely piloted aircraft over the skies of Afghanistan, and, as of last week, U.S. Air Force assets have effectively employed the missile and bomb types that they currently carry against anti-government insurgents there, according to officials from the […]

Elbit’s M&A Activities Bear Fruit, Contribute To Record Financial Results

By B.C. Kessner TEL AVIV, Israel–Elbit Systems [ESLT] on Wednesday reported its consolidated results for the third quarter ending Sept. 30 with the company’s president and CEO saying recent acquisitions helped generate record revenues, backlog and cash flow. "We are pleased to report another strong quarter of growth, which was based on organic revenue growth […]

Taiwan To Spend $939 Million On Patriot Upgrades

Taiwan is looking to buy Patriot Configuration 2 ground systems upgrade as well as associated equipment and services, potentially worth $939 million, the Defense Security Cooperation Agency (DSCA) reported this week. Taiwan is seeking to upgrade and refurbish its 3 existing Patriot fire units to the latest Army configuration 3 ground support equipment. Major Defense […]

Army’s UH-60M Black Hawk Poised For Fielding

By Ann Roosevelt One of the Army’s newest UH-60M Black Hawk helicopters is on the way to Ft. Campbell, Ky., where the 4th Battalion, 101st Aviation Regiment, 159th Combat Aviation Brigade, 101st Airborne Division (Air Assault) is the first unit to receive them. "The full battalion [30 aircraft] will be fielded by May of ’08," […]