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Market Sectors
Displaying 1 - 20 of 10468 stories.
February 6, 2012
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/U-K-Shortlists-Four-Companies-For-Training-Management_16654.html February 6, 2012
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/L-3-SAIC-Nab-TSA-Awards-For-Reduced-Size-Explosive-Detection-Systems_16664.html February 6, 2012
The National Institute of Standards and Technology (NIST) last week said it plans to award up to $10 million this year for a number of pilot projects under a White House initiative to boost the wider use of identity solutions in the marketplace. The NIST...http://www.defensedaily.com/sectors/homeland_defense/NIST-Plans-Pilot-Project-Awards-To-Advance-Trusted-Identities-In-Cyber-Space_16657.html February 6, 2012
The Optionally Responsive Space-1 satellite was declared to achieve initial/final operational capability, according to an Air Force statement. Air Force Gen. William Shelton on Jan. 3 declared the milestone for ORS-1 milestone, which went from the drawing...http://www.defensedaily.com/sectors/space/Air-Force-Says-ORS-1-Satellite-Achieves-InitialFinal-Operational-Capability_16652.html February 6, 2012
The Air Force will reduce its fleet of A-10s by 102, leaving it with 246 in inventory, its chief of staff said Friday. Air Force Chief of Staff Gen. Norton Schwartz said the service will rely on performing close-in air support with its existing B-52s, B-1s...http://www.defensedaily.com/sectors/air_force/Schwartz-Air-Force-To-Reduce-A-10-Fleet-By-102_16662.html February 3, 2012
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/army/ATKs-Income-Tumbles-On-Charge-Restructuring-Planned-Amid-Budget-Pressures_16642.html February 3, 2012
Raytheon [RTN] has been awarded a $38.1 million contract by Lockheed Martin [LMT] to provide engineering support to the Command, Control, Battle Management, and Communications (C2BMC) program for the Missile Defense Agency (MDA). Under the subcontract, Raytheon's...http://www.defensedaily.com/sectors/army/Lockheed-Martin-Taps-Raytheon-For-MDA-Battle-Command-Support_16646.html February 3, 2012
Senate Republicans pitched a plan yesterday for staving off the initial defense spending cuts triggered by failed budget talks, garnering praise from House Republicans but rebukes from Senate Democrats. Sens. Jon Kyl (R-Ariz.), John McCain (R-Ariz.) and four...http://www.defensedaily.com/sectors/congress/Senate-GOP-Joins-Sequestration-Fight_16648.html February 3, 2012
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/CACI-Posts-Record-Earnings-On-Record-Sales_16644.html February 3, 2012
The first of the Navy’s next generation of narrowband tactical satellites is set for launch later this month, with the entire constellation on course for operations within four years. The Mobile User Objective Satellite (MUOS) was loaded into its...http://www.defensedaily.com/sectors/space/Navys-Newest-Tactical-Satellite-Nearing-Launch_16643.html February 3, 2012
The Navy’s 5th Fleet has received software upgrades to the Mk 54 lightweight torpedoes under an urgent need to address a potential capability gap. Naval Sea Systems Command (NAVSEA) spent 18 months...http://www.defensedaily.com/sectors/navy_usmc/Navys-5th-Fleet-Receives-Torpedo-Upgrade_16645.html February 2, 2012
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/army/General-Dynamics-BAE-Systems-Team-to-Develop-Roll-Controlled-Guided-Mortar_16622.html February 2, 2012
The Army yesterday said Jan. 31 it awarded contracts to BAE Systems and Northrop Grumman [NOC] over Raytheon [RTN] and ITT Exelis [XLS] for the Technology Development (TD) phase of the Common Infrared Countermeasure (CIRCM). The TD Phase contracts provide for...http://www.defensedaily.com/sectors/army/Northrop-Grumman-BAE-Systems-Move-To-Tech-Development-On-CIRCM-Program_16629.html February 2, 2012
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/Northrop-Grumman-Boosts-Profits-In-Fourth-Quarter-Amid-Sales-Decline_16624.html February 2, 2012
Boeing [BA] will make its scheduling deadline for the Air Force’s Global Positioning System IIF satellite contract, according to a company statement. Using a pulse-line manufacturing approach, Boeing is capable of producing up to six Global Positioning...http://www.defensedaily.com/sectors/space/Boeing-Says-It-Will-Make-Deadline-On-Air-Forces-GPS-IIF-Satellite_16621.html February 2, 2012
NASA is preparing to launch a multi-month effort to revamp its so-called space-technology-area roadmaps to better jibe with new recommendations in an independent report. NASA proposed creating 14 such roadmaps a year ago, and the new National Research Council...http://www.defensedaily.com/sectors/space/NASA-Revamping-Tech-Roadmaps-To-Jibe-With-NRC-Report_16625.html February 2, 2012
Northrop Grumman [NOC] has won the competition for the Navy’s next generation ship-based tactical network over rival Lockheed Martin [LMT] and will deliver the initial systems to the fleet. The Pentagon said late yesterday afternoon that Northrop...http://www.defensedaily.com/sectors/navy_usmc/Northrop-Grumman-Wins-Bid-For-Navys-Tactical-Afloat-Network_16627.html February 1, 2012
The man the Army Chief of Staff called “a soldier’s soldier,” Gen. Peter Chiarelli, retired as vice chief of staff yesterday in emotional ceremonies at Joint Base Myer-Henderson Hall, Va. The Defense Department’s top leaders found...http://www.defensedaily.com/sectors/army/Army-Soldiers-Soldier-Chiarelli-Retires_16616.html February 1, 2012
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/congress/Senate-Anti-Sequestration-Plan-Could-Seek-Fed-Workforce-Savings_16614.html February 1, 2012
Sen. Susan Collins (R-Maine) and several of her Democratic and Republican colleagues on a panel that oversees the Department of Homeland Security (DHS) yesterday introduced a bill requiring the department to launch an independent study of the health effects...http://www.defensedaily.com/sectors/congress/Collins-Colleagues-Want-Study-On-Health-Effects-Of-X-Ray-Body-Imagers_16619.html
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