http://www.defensedaily.com Defense Daily en-us 2012 Thu, 9 Feb 2012 6:05:30 EST After another strong year generating free cash flow and pretty much more of the same expected in 2012, L-3 Communications [LLL] Tuesday evening said it will increase its quarterly cash dividend by 11 percent, marking the eighth consecutive annual dividend... http://www.defensedaily.com/sectors/business/16694.html Thu, 9 Feb 2012 0:00:00 EST Italy’s Finmeccanica this week said that R. Scott Rettig, who is chairman and CEO of its AgustaWestland North America subsidiary, has been appointed to... http://www.defensedaily.com/sectors/business/16696.html Thu, 9 Feb 2012 0:00:00 EST Navistar Defense LLC [NAV], Indigen Armor and SAIC [SAI] Tuesday said they will team for the coming U.S. Special Operations Command (SOCOM) Ground Mobility Vehicle 1.1 (GMV 1.1) program. The command requires a highly mobile, roll-off mission-ready platform... http://www.defensedaily.com/sectors/business/16697.html Thu, 9 Feb 2012 0:00:00 EST The executive branch has options for dealing with the potential “sequestration” cuts, which could lead to $1 trillion in long-term reductions to Pentagon plans, beyond making across-the-board cuts to all defense programs, an analyst said. The... http://www.defensedaily.com/sectors/business/16700.html Thu, 9 Feb 2012 0:00:00 EST The U.K. yesterday revealed changes to U.K.export licensing would allow the immediate suspension of export licenses to countries that experience a sharp deterioration in security or stability. Foreign Secretary William Hague said: “I am pleased to... http://www.defensedaily.com/sectors/business/16674.html Wed, 8 Feb 2012 0:00:00 EST Northrop Grumman [NOC] and DRS Technologies yesterday said they delivered the first Next Generation Automatic Test System (NGATS) to the  Army. A mobile, rapidly deployable and reconfigurable general purpose Automatic Test System suite, NGATS provides... http://www.defensedaily.com/sectors/business/16675.html Wed, 8 Feb 2012 0:00:00 EST Ford Motor Co. [F] and its team of Raytheon [RTN] and Future Force have decided not to bid for the Army-Marine Joint Light Tactical Vehicle (JLTV). “Ford has a long history of working with the U.S. government, and we continue to look at new ideas and... http://www.defensedaily.com/sectors/business/16678.html Wed, 8 Feb 2012 0:00:00 EST A senior lawmaker questioned yesterday if the Obama administration’s proposal to loosen rules for the export of some military equipment could result in U.S. equipment unintentionally ending up in China. At issue is the administration’s... http://www.defensedaily.com/sectors/business/16691.html Wed, 8 Feb 2012 0:00:00 EST It is unclear whether a new law that President Obama is expected to sign that is expected to make it easier for airports in the United States to opt out of using a federal screener workforce will result in a flood of applications to take their screening... http://www.defensedaily.com/sectors/business/16692.html Wed, 8 Feb 2012 0:00:00 EST Volvo Group and Finnish defense group Patria yesterday said they have signed a Memorandum of Understanding (MoU) to cooperate to offer the Swedish Defense Materiel Administration (FMV) life-cycle support services for maintenance and logistics. Both Volvo... http://www.defensedaily.com/sectors/business/16665.html Tue, 7 Feb 2012 0:00:00 EST The global engineering firm The Berger Group of Companies has acquired Ranger International Services Group (RISG), an aviation, logistics and engineering services company serving the Defense Department, government agencies and international customers. Terms... http://www.defensedaily.com/sectors/business/16667.html Tue, 7 Feb 2012 0:00:00 EST The President yesterday sent the the nomination of Heidi Shyu to be the Army's acquisition chief to the Senate. Shyu has been acting assistant Secretary of... http://www.defensedaily.com/sectors/business/16673.html Tue, 7 Feb 2012 0:00:00 EST The Defence Infrastructure Organization (DIO) Friday revealed the four bidders for a potential $1.5 billion new national contract to manage the United Kingdom training property. The companies are: Babcock Support Services Ltd., Kellogg Brown & Root Ltd... http://www.defensedaily.com/sectors/business/16654.html Mon, 6 Feb 2012 0:00:00 EST The Transportation Security Administration (TSA) last week awarded separate contracts to L-3 Communications [LLL] and SAIC [SAI] to provide the agency with checked baggage explosive detection systems (EDS) that require less space to operate. L-3’s award... http://www.defensedaily.com/sectors/business/16664.html Mon, 6 Feb 2012 0:00:00 EST A $25 million after tax charge associated with ATK’s [ATK] Thiokol business and lower margins on commercial ammunition led the company yesterday to post lower third quarter earnings while sales dipped a bit. Meanwhile, the diversified aerospace and... http://www.defensedaily.com/sectors/business/16642.html Fri, 3 Feb 2012 0:00:00 EST CACI International [CACI] on Wednesday reported double-digit increases in income and sales in its second quarter, continuing where it left off after the first quarter. Net income rose 24 percent to a record $41.1 million, $1.51 earnings per share (EPS), from... http://www.defensedaily.com/sectors/business/16644.html Fri, 3 Feb 2012 0:00:00 EST General Dynamics [GD] Ordnance and Tactical Systems and BAE Systems yesterday said they have teamed to develop, demonstrate and produce the 81mm Roll Controlled Guided Mortar (RCGM), an affordable 81mm precision mortar round. The companies have been maturing... http://www.defensedaily.com/sectors/business/16622.html Thu, 2 Feb 2012 0:00:00 EST   Better operating results, pension tailwind and the lack of a hefty charge that hurt earnings a year ago led Northrop Grumman [NOC] to post strong net income in the fourth quarter despite lower sales. The higher net income, up 46 percent to $548... http://www.defensedaily.com/sectors/business/16624.html Thu, 2 Feb 2012 0:00:00 EST Republican senators fighting potential defense-spending reductions triggered by failed budget negotiations are finalizing legislation that may try to offset initial Pentagon cuts with savings from attrition in the federal workforce. The emerging plan... http://www.defensedaily.com/sectors/business/16614.html Wed, 1 Feb 2012 0:00:00 EST Boeing [BA] yesterday said it has selected three Canadian firms to receive the first group of work packages for in-service support of 15 Boeing CH-47F Chinook helicopters, designated CH-147F for the Canadian Forces. The suppliers are: L-3 Communications [LLL]... http://www.defensedaily.com/sectors/business/16587.html Tue, 31 Jan 2012 0:00:00 EST