DDN
Articles By DDN
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Business/FinancialBoeing Forms New Intel Division To Serve Government Customers
Boeing [BA] formed a new Intelligence and Security Systems (I&SS) division to provide ground-based and other integrated intelligence and security solutions for U.S. government customers, the company said yesterday. Retired […]
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Business/FinancialMorocco Spending $2.6 Billion For Aircraft, Equipment
Morocco is looking to spend upward of $2.4 billion for 24 F-16C/D Block 50/52 aircraft as well as associated equipment and services, according to the Defense Security Cooperation Agency (DSCA). […]
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Business/FinancialSwitzerland To Spend $535 Million On F/A-18C/D Upgrades
Switzerland is looking to spend $535 million for the sale of "Upgrade 25 Program" equipment to enhance survivability and communications connectivity and to extend the useful life of 33 Swiss […]
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Business/FinancialAustralia Accepts First MRH-90 Helicopters
The first two Australian Defence Force MRH-90 Multi Role helicopters (MRH) this week were accepted into service, Hon. Greg Combet MP, Parliamentary Secretary for Defence Procurement, said. Acquired under Project […]
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Business/FinancialBoeing Signs 10 Year MoU With Hindustan Aeronautics Ltd.
Boeing [BA] and India’s Hindustan Aeronautics Limited (HAL) announced Dec. 20 signing a 10-year Memorandum of Understanding (MOU) intended to bring more than $1 billion of new aerospace manufacturing work […]
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Air ForceJASSM Cruise Missile Successful In Flight Test, Says Lockheed Martin
By Michael Sirak Lockheed Martin [LMT] says its JASSM stealthy cruise missile flew successfully in a flight test yesterday, according to a company spokeswoman. "After nine consecutive successful ground tests, […]
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Air ForceMembers of Congress Press For C-17 Funding In FY ’09 Budget
By Jen DiMascio Like a number of senators last week, 57 House members this week appealed to the Defense Secretary to ensure that the Air Force funds C-17 Globemasters in […]
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Business/FinancialBAE SYSTEMS Selling Electronic Warfare Unit To Cobham
BAE SYSTEMS recently said it has agreed to sell its Pennsylvania-based Surveillance and Attack business to Cobham plc, for $240 million in cash as it de- emphasizes its role as […]
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Business/FinancialITT Completes Purchase of EDO
ITT Corp. [ITT] yesterday completed its acquisition of EDO Corp. for $1.7 billion, which includes the assumption of debt, giving it a range of new aerospace and defense capabilities. The […]
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Air ForceChilean Air Force Selects Bell 412 Helicopter
Bell Helicopter Textron [TXT] said it recently hosted a high ranking delegation from the Chilean Air Force (FACH) for a contract signing ceremony in which Gen. Julio Escobar committed the […]