Archive: Market Sectors

CAPITOL

House Considering Legislation To Reauthorize Warrantless Foreign Surveillance Authority

The House is considering legislation this week to re-authorize an intelligence community (IC) surveillance law that allows for the warrantless collection of foreign suspects’ communications outside of U.S. borders. Lawmakers will vote Thursday to potentially extend an amended version of Section 702 of the Foreign Surveillance Intelligence Act for another six years, which includes provisions […]

ext

DoE, Navy, Seek Bids for Naval Nuclear Lab Manager

As part of a joint procurement with the U.S. Navy, the Department of Energy last week solicited bids for a potentially 10-year contract to manage the Naval Nuclear Laboratory. Incumbent Bechtel Marine Power Corp. has been on the job since 2009. The current and follow-on contract includes management and operation of DoE’s Bettis Atomic Power […]

Richard "Rick" Edwards, Lockheed Martin's new executive vice president for international business. Photo: Lockheed Martin

Lockheed Martin Names News Heads For International, MFC

Following the Senate confirmation last week of former Lockheed Martin [LMT] executive John Rood to be the Pentagon’s new policy chief, the company on Monday said that Richard “Rick” Edwards will lead the company’s international business efforts and Frank St. John will head the Missiles and Fire Control (MFC) business area. Edwards, 61, who led […]

Airbus Helicopters EC-145

U.S. Army Pursues UH-72A Procurement After Lawsuit Derailment

The U.S. Army is moving forward with a plan to buy more UH-72 Lakotas after a lawsuit blocked a previous effort to add more than a dozen of the Airbus utility aircraft to its training fleet.  A sources-sought notice released Jan. 4 outlined the Army’s interest in procuring up to 35 “new FAA certified EC-145 aircraft to […]

iStock Cyber Lock

DHS, Commerce Release Draft Cyber Security Report For Trump

The Departments of Commerce and Homeland Security on Jan. 5 released a draft of a report directed by President Donald Trump that outlines the challenges and opportunities in securing the Internet from cyber attacks. The report, which is due to be finalized by May 11, highlights six themes related to the threats and security of […]

Harpoon missile

State Department Approves $98.4 Million Missile And Torpedo Deal With Mexico

The State Department has approved a possible $98.4 million deal with Mexico for six RGM-84L Harpoon Block II surface launched missiles, 23 Block II Rolling Airframe Missile (RAM) tactical missiles and six MK 54 Mod 0 lightweight torpedoes. The Defense Security Cooperation Agency (DSCA) notified Congress on Friday of the foreign military sale (FMS). “Mexico […]

An F-16V. (Lockheed Martin photo)

State Department Approves $62 Million Deal With Oman For F-16 Command and Control Software Upgrades

The State Department has approved a possible $62 million deal with Oman to support operational flight profile software upgrades for its F-16 fleet. The Defense Security Cooperation Agency (DSCA) notified Congress on Friday of the foreign military sale (FMS), which also includes Identification Friend or Foe (IFF) command and control systems updates and Mode 5 […]

Boeing's P-8. Photo: Boeing

India Awards Boeing $251 Million Contract For P-8 Poseidon Training

The Indian Ministry of Defence (MoD) approved a $251 million contract to Boeing Global Services [BA] to procure the P-8I Training Solution, including a 10-year comprehensive maintenance service, the government said Thursday. The P-8I is India’s variant of the Boeing P-8A Poseidon, which the U.S. Navy uses as a long-range maritime patrol and reconnaissance missions […]

AF Seal_500

Air Force Mulling How To Meet Hill Mandate To Kill New Space Directorate

The U.S. Air Force is evaluating how to implement a congressional requirement that it disband its new space operations directorate, service Secretary Heather Wilson said Jan. 5. “We will comply with the law but there’s a lot of different ways to do it,” Wilson said at a Washington Space Business Roundtable luncheon. “We still have […]