DDN
Articles By DDN
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Lockheed Martin To Support Army, Marine MLRS Launchers
Lockheed Martin [LMT] yesterday announced it received a $90 million contract to support Army and Marine Corps Multiple Launch Rocket System (MLRS) launchers. Lockheed Martin’s Life Cycle Contractor Support (LCCS) […]
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Global Maritime Security–Defined?
By B.C. Kessner ROME–Practically no one believes the seas are ready for regulation and monitoring akin to the communal international airspace system, however participants in a recent forum drummed out […]
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Honeywell Receives Third Option On Abrams TIGER Program
Honeywell [HON] said it has been awarded a $311 million third option year of an Army contract to improve performance and extend the life of the AGT1500 turbine engine that […]
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Ascent Joint Venture In Billion-Dollar U.K. Flight Training Pact
U.K. Army and Navy flight training will be transformed under an approximately $1.2 billion contract with Ascent, a Lockheed Martin [LMT] VT Group joint venture, the government said June 2. […]
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Business/FinancialDRS Posts Higher Earnings, Sales In Fourth Quarter
DRS Technologies [DRS] late last Thursday posted higher fourth quarter earnings and sales although it benefited in good measure from a restatement of a hefty charge from the first quarter […]
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Business/Financial
Opportunities For Firms Focus On Current Navy Threats, Official Says
By Geoff Fein Small businesses looking to tap into Navy programs need to focus their ideas on the service’s current concerns, otherwise they are unlikely to get an audience with […]
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Hill Continues To Push White House To Allow Israel To Deploy Powerful Radar
By Emelie Rutherford A congressional proponent of deploying the X-Band ground-based warning radar in Israel said yesterday that while President Bush didn’t endorse the plan, as hoped, when in Israel, […]
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Business/Financial
Harris Says It’s Not Pursuing Sale
Harris Corp. [HRS] on Sunday said that it is not pursing a merger or sale of the company following media reports and speculation last month that first indicated that the […]
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Business/Financial
ICx Acquires Small Firm With Expertise In Bio-Aerosol Collection, Analysis
By Calvin Biesecker ICx Technologies [ICXT] said last week that it has acquired S3I, LLC, a small firm that will bolster its capabilities in biological threat detection, for $5.3 million […]
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Marine Corps’ Joint Strike Fighter Expected To Make First Flight This Month
By Emelie Rutehrford The Marine Corps’ Joint Strike Fighter (JSF) variant should fly for the first time in conventional mode this month and make its maiden short-take-off-and-vertical-landing (STOVL) flight around […]