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UncategorizedAir Force Drops AWT Requirement From FAB-T Source Selection, Raytheon Says
The Air Force dropped the Advanced Wideband Terminal (AWT) requirement from its Family of Advanced Beyond Line-of-Sight Terminals (FAB-T) program and will proceed with Command Post Terminal (CPT)-only production, according […]
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UncategorizedNATO Future Requires Right Capabilities, Connectivity, Cooperative Security: Annual Report
Investing in the right capabilities, maintaining connected forces and deepening and widening cooperation with partners will be required to shape a NATO alliance to meet future challenges, according to NATO […]
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UncategorizedRaytheon Resuming Work On Navy’s Next Airborne Jammer
Raytheon [RTN] is resuming work on the Navy’s next generation airborne jammer after it was suspended following a protest of the contract award to the firm, the company said on Jan. […]
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UncategorizedLockheed Martin’s Income Falls On Charges
Lockheed Martin [LMT] on Jan. 30 reported lower profits and sales in its first quarter driven by declines in defense spending and special charges. Net income tumbled 14 percent to $488 […]
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UncategorizedTax Resolution Boosts Raytheon’s Net Income Despite Sales Drop In Fourth Quarter
Raytheon [RTN] on Jan. 30 reported higher net income in the fourth quarter due to the resolution of tax matters from discontinued operations although sales tumbled, as expected, amid challenges in […]
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UncategorizedBoeing Finishes 2013 With Strong Quarter But 2014 Outlook Short Of Expectations
Buoyed by strong results in its commercial airplane and defense segments, Boeing [BA] on Jan. 29 posted higher sales and a double-digit increase in net income although it provided guidance for 2014 […]
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UncategorizedIncome, Sales Drop At Northrop Grumman In Fourth Quarter
Northrop Grumman [NOC] on Jan. 30 posted lower earnings and sales in its fourth quarter, although an aggressive stock repurchase program helped maintain healthy per share earnings. Net income fell 10 […]
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ArmyArmy, Lockheed Martin, Demonstrate Fully Autonomous Convoys Can Operate In Urban Areas
The Army Tank-Automotive Research, Development and Engineering Center (TARDEC) and Lockheed Martin [LMT] recently demonstrated the ability of fully autonomous convoys to operate in urban environments with multiple vehicles of […]
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UncategorizedIraq Requests More Than $6 Billion FMS For Newest Apache Helicopters, Training, Support
Contending with violence at home, Iraq is working to modernize its military with U.S. help as the Pentagon this week officially notified Congress of two potential foreign military sales (FMS) […]
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UncategorizedAgustaWestland To Reap $1.2 Billion From U.K. Helicopter Upgrades
Finmeccanica’s AgustaWestland on Jan. 29 received two contracts totaling about $1.2 billion from the U.K. Ministry of Defense to upgrade AH-64 Apache and Merlin helicopters, while supporting the economy. A […]