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House Armed Services Committee to Distribute NDAA Amendments Electronically This Year

The House Armed Services Committee will distribute amendments to its Fiscal Year 2015 National Defense Authorization Act electronically this year, rather than handing out paper copies in the hearing room, a committee spokesman said Tuesday. In the past, the committee streamed the markup live on its website, but only reporters and others in attendance could [...]

Defense Daily, Wednesday, April 23, Vol. 162, Issue 17

Pension Tailwind, Strong Operating Performance Lift Lockheed Martin's First Quarter Earnings By Calvin Biesecker Despite a decline in sales, Lockheed Martin [LMT] on Tuesday posted stronger than expected first quarter earnings due to a swing to pension income and higher operating profits at most of its business segments. The higher operating profits combined with an [...]

TALON Robot
Photo: QinetiQ

SI Deal For Most Of QNA Will More Than Double Company’s Size

The SI Organization, a former business unit of defense contractor Lockheed Martin [LMT], said on Tuesday it has agreed to acquire the engineering services business of QinetiQ North America (QNA) in a deal that will more than double the size of the company and significantly expands its customer base, providing it with substantially more business [...]

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Lockheed Martin Expects Space Fence Award By Late May

Lockheed Martin [LMT], which along with Raytheon [RTN] is gunning for the Air Force’s multi-billion dollar Space Fence contract, expects a contract to be awarded by the end of May, according to a key executive. Lockheed Martin Vice President for Space Surveillance Systems Steve Bruce told reporters Tuesday the company issued a final proposal in [...]

The USS Taylor (FFG-50) is returning to the Black Sea following repairs. Photo: U.S. Navy

Frigate USS Taylor Repaired, Returning To Black Sea

A U.S. Navy frigate that was damaged after running aground in February has undergone repairs and is returning to operations in the Black Sea, the Navy said Tuesday. The Oliver Hazard Perry-class frigate USS Taylor (FFG 50) was to re-enter the Black Sea on Tuesday “to reassure NATO allies of the U.S. Navy’s commitment to [...]

The F-35 Joint Strike Fighter. Photo by Lockheed Martin.

Pension Tailwind, Strong Operating Performance Lift Lockheed Martin’s First Quarter Earnings

Despite a decline in sales, Lockheed Martin [LMT] on Tuesday posted stronger than expected first quarter earnings due to a swing to pension income and higher operating profits at most of its business segments. The higher operating profits combined with an ongoing share repurchase program led the company to raise its earnings guidance for the [...]

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COMSATCOM Policy Struggles Continue Between Providers, DoD

The Defense Department and commercial satellite communication (COMSATCOM) providers continue to disagree over how the service should handle future acquisition policy in an era of declining defense spending. A focal point for this disagreement is the Air Force’s pursuit of international investment for its Wideband Global SATCOM (WGS) fleet of satellites. WGS provides worldwide flexible, [...]

Flight Tset
EC225
Photo: Airbus Helicopters

Airbus EC225 Gear Shaft Redesign Certified By EASA

Airbus Helicopters April 22 said the European Aviation Safety Agency (EASA) certified the redesigned Airbus EC225 vertical bevel gear shaft, which allows production to begin and installation on all rotorcraft of this type operating globally as well as those being produced. The certification is expected to be followed by validation from other international airworthiness authorities. [...]

Optionally Piloted Black Hawk Demonstrator
Photo: Sikorsky

Army, Sikorsky Successfully Demonstrate ‘Optionally Piloted’ Black Hawk Flight

With the Army, Sikorsky [UTX] has successfully demonstrated optionally piloted flight of a UH-60 Black Hawk helicopter, something the company calls a significant step toward providing autonomous cargo delivery function to the Army. “The autonomous Black Hawk helicopter provides the commander with the flexibility to determine crewed or non-crew operations, increasing sorties while maintaining crew [...]

One of Three UH-60M Black Hawk helicopters U.S. DoS  Delivered to Mexico's Federal Police
Photo: Sikorsky

State Approves Potential $680 Million FMS To Mexico For Black Hawk Helicopters

The State Department has approved a possible $680 million Foreign Military Sale to Mexico for UH-60M Black Hawk helicopters and associated equipment, parts, training and logistical support. The principal contractors would be Sikorsky [UTX] and General Electric [GEAC]. There are no known offset agreements. The Defense Security Cooperation Agency (DSCA) April 17 notified Congress of [...]