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DDI for Fri. July 28, 2017, Vol. 19, Issue 29.

Australia Taps Leonardo To Build Combat Vehicle Computing Systems

The Australian army has chosen Leonardo DRS to provide state-of-the art computing infrastructure for its fleet of M1A1SA Abrams main battle tanks and other combat vehicles.The company was awarded a $3.1 million direct commercial sale contract for Leonardo’s next-generation battle management system (BMS), called the Mounted Family of Computer Systems (MFoCS).It is the first order…

Raytheon’s Earnings Down, Sales Up In Second Quarter

Raytheon [RTN] on July 27 posted lower net income in its second quarter despite a solid increase in sales largely because 2016’s results included a one-time gain from a change in an international joint venture.Net income tumbled 23 percent to $547 million, $1.89 earnings per share (EPS), from $713 million ($2.41 EPS), still topping consensus estimates…

F-35 System Development And Demonstration Phase On Track

Lockheed Martin [LMT] said July 25 its Integrated Test Force Teams are successfully completing the requirements of the F-35 program’s System Development and Demonstration (SDD) phase.In recent months, the company said it has completed testing for the F-35A’s final envelope involving risk ‘edge of the envelope’ maneuvers. This entails stressing the aircraft to its structural strength,…

STRATCOM Commander Wary Of ‘Tit-For-Tat’ Response To Russian INF Violation

A "tit-for-tat" response to Russia’s violation of the Intermediate-Range Nuclear Forces (INF)Treaty may not be the best option for the United States, Gen. John Hyten, commander of U.S. Strategic Command, said July 26 on a conference call with reporters during the Deterrence Symposium in Omaha, Neb.U.S. officials have concluded that Russia deployed a ground-launched nuclear-capable…

Navy Fires Warning Shots At Approaching Iranian Vessel

A U.S. Navy coastal patrol ship fired warning shots at an Iranian naval vessel that was approaching it in an unsafe manner, U.S. Central Command (CENTCOM) said on July 25.The Iranian ship approached within 150 yards of the USS Thunderbolt (PC-12), a Cyclone-class patrol ship during coalition exercises in the Persian Gulf. CENTCOM said the Iranian vessel did…