DDN
Articles By DDN
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Business/FinancialProvidence Equity To Acquire SRA For $1.9 Billion
By Calvin Biesecker The private equity firm Providence Equity Partners on Friday said it has agreed to acquire the government information technology (IT) and services firm SRA International [SRX] for […]
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Saab Receives U.K. Defense Training Orders
Defence and security company Saab has received additional orders of approximately $31 million from the U.K. Ministry of Defence to enhance their existing provision of live training capabilities to the […]
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MDA Awards Raytheon $312 Contract To Complete SM-3 Blk 2B Development
The Missile Defense Agency (MDA) awarded Raytheon [RTN] a $312 million manufacturing contract for the Standard Missile-3 Block IB program, which provides the funds necessary to complete the development phase […]
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iRobot Poised For Army Procurements, Advanced Variants
iRobot Corp. (IRBT) yesterday said the Army plans to procure two additional low-rate initial production brigade sets of model 320 Small Unmanned ground Vehicles (SUGV). The Defense Acquisition Board formalized […]
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ARINC Asset Tracking Solution Tested By Army Sustainment Command
ARINC and its teammates recently completed a successful proof-of-principle demonstration of a wireless mesh solution for tracking military assets at an Army facility in Kuwait used to clean and process […]
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Northrop Grumman Completes HHI Spin-Off
By Ann Roosevelt Northrop Grumman [NOC] yesterday said it completed the previously announced spin-off of its subsidiary Huntington Ingalls Industries Inc. [HII]. Northrop Grumman stockholders of record at the close […]
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F119 Engine Hot Section Demos Full-Life Capability
Pratt & Whitney’s F119 engine powering the Air Force’s F-22 Raptor reached its first hot section full-life capability of 4,325 total accumulated cycles, during a recent mission at Langley AFB, […]
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Lawmakers Balk At $800 Million Fee For U.S. Exiting MEADS
By Emelie Rutherford Frustrated lawmakers pressed Pentagon officials yesterday to find a way to lower the United States’ $800 million tab for exiting the multi-nation Medium Extended Air Defense System […]
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X-51 Ready For Second Flight
By Marina Malenic WEST PALM BEACH, Fla.–The second of four hypersonic vehicles built for an experimental Air Force program is ready for another flight attempt, industry officials here said this […]
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InternationalLockheed Martin to Provide Support Services For Canadian Training Systems
Lockheed Martin [LMT] this week said it was awarded a five-year, approximately $22.8 million contract to provide support services for its live-fire, battle field training systems that prepare soldiers for […]