Archives

Defense Daily, Friday, Oct. 24, 2014, Vol. 264, Issue 18

Pension Adjustment, Lower Taxes Boost Raytheon's Third Quarter Earnings By Calvin Biesecker Despite a modest decline in sales, Raytheon [RTN] on Wednesday posted a solid increase in third quarter earnings driven by favorable pension impacts, lower taxes, and a lower share count as a result of the company’s stock repurchase activity. Each of the company’s [...]

A rocket with an experimental fuel and experimental engine design that separated the solid fuel from the oxidizer was tested Sept. 25 at Los Alamos National Lab (LANL).

Los Alamos National Lab Flight Tests New Rocket Design With Safety In Mind

Los Alamos National Laboratory (LANL) scientists recently flight tested a new rocket design that included a high-energy fuel and motor design that they say also delivers a high degree of safety. Bryce Tappan, energetic materials chemist at LANL, said Thursday in a statement that, typically, a propellant that is high performance is not as safe [...]

Col. Jim Ekvall, Chief of the Army Electronic Warfare Division
Photo: U.S. Army

Army Electronic Warfare Division Prepares New Tool For EW Officers

The Army is working on a tool to provide Electronic Warfare (EW) officers with a new way to do business that will allow commanders to think in new ways about how to use their (EW) capability and projected effects, and know more about adversary capabilities, the division chief said. Raytheon [RTN] is building the tool [...]

pwc-aerospace-defense-industry-mergers-acquisitions-q3-2014_standard_th

Global Aerospace And Defense M&A Activity Off In Third Quarter, PwC Says

Mergers and acquisitions (M&A) activity across the global aerospace and defense (A&D) industry slowed in the third quarter, although the pace for 2014 is still head of that in 2013, PricewaterhouseCoopers (PwC) said in its quarterly report on M&A activity in the industry. In the third quarter only six deals valued at at more than [...]

BAE Systems Chief Executive Ian King. Photo: BAE Systems

BAE To Acquire Commercial Cloud Security Provider SilverSky

Britain’s BAE Systems this week said it has agreed to acquire commercial cyber security service provider SilverSky for $232.5 million to grow its commercial cyber business. New York-based SilverSky provides cloud-managed security and application services as well as cloud-based email security and threat protection software. The company, which expects to have $75 million in sales [...]

Gen. David Perkins
Commander Army Training and Doctrine Command
Photo: TRADOC

Army Operating Concept Incorporates Strategic Capability For The First Time

For the first time, an Army Operating Concept (AOC) acknowledges success at the strategic level of war is a required land force capability, connecting a capability to achieve national goals with service success at the tactical and operational levels, a senior officer said. The AOC, produced by the Army Training and Doctrine Command (TRADOC), guides [...]

Patriot Launcher
Photo: Raytheon

Pension Adjustment, Lower Taxes Boost Raytheon’s Third Quarter Earnings

Despite a modest decline in sales, Raytheon [RTN] on Wednesday posted a solid increase in third quarter earnings driven by favorable pension impacts, lower taxes, and a lower share count as a result of the company’s stock repurchase activity. Each of the company’s four business segments had lower sales and only one, Space and Airborne [...]

Defense Daily, Thursday, Oct. 23, Vol. 264, Issue 17

GD Posts Solid Earnings In Third Quarter Despite Flat Sales By Calvin Biesecker General Dynamics [GD] on Wednesday posted solid third quarter earnings despite flat sales, led by its aviation segment and to a lesser degree a boost from its Combat Systems segment. Net income increased 7 percent to $696 million, $2.06 earnings per share [...]

523a2574b56bf-pentagon1

Competition in DoD Contracting Up Overall After Sequester Hit, But No Clear Trends Emerge

As Defense Department spending and the percentage of DoD spending going towards contracts have both declined since sequestration began, no clear trends on competition for defense contracts have emerged. Rather, declines have varied greatly based on the military branch, the type of contract, and other factors, according to a study by the Center for Strategic [...]

Lockheed Martin's 3DELRR prototype. Photo: Lockheed Martin.

Lockheed Martin Joins Northrop Grumman In Protesting 3DELRR Award

Lockheed Martin [LMT] Wednesday joined Northrop Grumman [NOC] in protesting the Air Force’s contract award to Raytheon [RTN] for the service’s Three-Dimensional Expeditionary Long-Range Radar (3DELRR). Lockheed Martin spokeswoman Rashi Ratan said in a statement the company believes it offered the most affordable and capable solution for the program and has strong grounds for the [...]