DDN
Articles By DDN
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Air ForceBoeing, Lockheed Martin To Join Forces In Bid To Make Next Generation Bomber
By Jen DiMascio The nation’s two largest defense contractors–Boeing [BA] and Lockheed Martin [LMT]–are expected to announce today that they will join forces in an effort to make the Air […]
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Business/FinancialSpace, Information and Mission Systems Boost Lockheed Martin’s Earnings
By Calvin Biesecker Lockheed Martin [LMT] yesterday reported strong fourth quarter net income driven by some of its space, and information and services businesses despite no sales growth. Still, the […]
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Business/Financial
Raytheon Awarded $55 Million To Upgrade Navy Super Hornets With AESA Radar
By Geoff Fein The Navy last month awarded Raytheon [RTN] a contract worth nearly $55 million to retrofit 135 Boeing [BA] F/A-18 Super Hornets with APG-79 Active Electronically Scanned Array […]
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InternationalCanada Gives Lockheed Martin $1.4 Billion Order For 17 C-130J Transports
Canada gave Lockheed Martin [LMT] a $1.4 billion order for 17 of the C-130J Super Hercules airlifters and other items, according to the company. The new C-130J generates much greater […]
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Business/Financial
Northrop Grumman Turns In Strong Operating Results To Close 2007
By Calvin Biesecker Northrop Grumman [NOC] yesterday reported strong profit gains in each of its business sectors due to higher sales and improved performance although net income was flat due […]
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Business/Financial
GD Reports Strong Fourth Quarter Driven By Combat Systems And Business Jets
By Calvin Biesecker General Dynamics [GD] topped a strong year with record quarterly income, sales and free cash flow, driven by exceptional results in both its military vehicle and business […]
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ArmyNelson Ford Nominated As Army Under Secretary
The White House Jan. 22 sent the Senate the nomination of Nelson Ford as under secretary of the Army. If confirmed, Ford would take the position previously held by now-Army […]
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Business/Financial
UTC Finishes 2007 With Strong Quarter, Sees Robust 2008
By Calvin Biesecker United Technology Corp. [UTX] yesterday posted strong fourth quarter results driven by sales and profit gains at each of its operating segments and the diversified industrial company […]
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Business/Financial
ATK’s BTERM Test A Story of Success And Engine Failure
By Geoff Fein ATK [ATK] this week successfully tested two unguided Ballistic Trajectory Extended Range Munition (BTERM) rounds, but a rocket motor’s inability to fire on the first of two […]
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CongressSkelton To Press Pentagon To Start Roles and Missions Review
By Jen DiMascio After the president signs the defense authorization bill into law, the chairman of the House Armed Services Committee (HASC) is prepared to send a letter urging the […]