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Defense Daily, Thursday, June 21, 2018, Vol. 278, Issue 55

Newsletter Air Force Says It Expects To Receive First Boeing KC-46A Tanker In October By Marc Selinger The U.S. Air Force announced June 20 that it has reached an agreement with Boeing [BA] on a revised delivery schedule that calls for the service to start receiving its first 18 KC-46A Pegasus tankers this fall. Under the agreement, which […]

CAPITOL

House Nears Debate On FY 2019 Defense Appropriations Bill

The full U.S. House of Representatives is expected to take up its version of the fiscal year 2019 defense appropriations bill the week of June 25-29. The debate on the $674.6-billion measure will likely occur June 27, according to a spokeswoman for the House Appropriations Committee (HAC).  The House Rules Committee has set a deadline […]

Despite Opposition to New Warhead Funding, Feinstein Signals Support for NNSA Budget Bill

Sen. Dianne Feinstein (D-Calif.), who this week voted against the Senate’s 2019 National Defense Authorization Act because it would authorize the Department of Energy to create a low-yield nuclear warhead, has signaled her support for a 2019 budget bill that actually funds the weapon. However, Feinstein also wants to amend the spending bill to prohibit […]

Modified 767 jetliners are turned into tankers at a Boeing plant in Everett, Wash. (Photo by Marc Selinger/Defense Daily)

Air Force Says It Expects To Receive First Boeing KC-46A Tanker In October

The U.S. Air Force announced June 20 that it has reached an agreement with Boeing [BA] on a revised delivery schedule that calls for the service to start receiving its first 18 KC-46A Pegasus tankers this fall. Under the agreement, which was months in the making, Boeing will hand over the first refueling jet in October and the remaining […]

CACI President and CEO Ken Asbury

CACI Raises Earnings Guidance

Due to better than expected operating performance, CACI International [CACI] on Wednesday revised upward its earnings guidance for its fiscal year 2018 that ends on June 30. The company now expects net income to range between $292 million, $11.54 earnings per share (EPS), and $297 million ($11.74 EPS), up from the prior outlook of between […]

Elbit_logo

Elbit Receives Approvals From Israel Government In Deal For IMI Systems

Israel’s Elbit Systems [ESLT] on Tuesday said it has reached agreement with the Israeli government for the tender of state shares related to the company’s pending $495 million acquisition of IMI Systems Ltd., which is also based in Israel. Elbit said completion of the deal is still subject to further government approvals, including by Israel’s […]

The Damen Schelde Naval Shipbuilding Sigma 10514 Frigate. (Photo: Damen).

Saab Competing For Brazilian Corvette Program

Sweden’s Saab and the Netherland’s Damen Schelde Naval Shipbuilding said on Monday they are working together to jointly compete for four Brazilian Navy Tamandaré-class corvettes (CCTs). If the Brazilian Navy chooses the team, Saab would provide the complete combat system, including the company’s 9LV Combat Management System (CMS). Saab said 9LV is an open architecture […]

A Rheinmetall Multi Ammunition Softkill System (MASS) countermeasure firing. (Photo: Rheinmetall).

Rheinmetall Wins Canada Frigate Countermeasure Expansion

The Canadian Navy awarded Rheinmetall a $14 million order to expand the multi ammunition softkill system (MASS) on its cruisers, the company said Wednesday. The Canadian Navy’s Halifax-class frigates currently feature the twin-launcher automated MASS decoy system to protect it from anti-ship missiles. The Canadian order will upgrade its frigate MASSs to be a triple […]

Defense Daily, Wednesday, June 20, Vol. 278, Issue 54

Newsletter BAE Systems Picked Over SAIC To Deliver Marines Corps' Amphibious Combat Vehicle By Matthew Beinart BAE Systems was selected on Monday to deliver the Marine Corps’ next-generation Amphibious Combat Vehicle (ACV), beginning with a $198 million low rate initial production deal to build 30 vehicles. Marine Corps officials announced the decision to select BAE's […]