DDN
Articles By DDN
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Business/FinancialATK Gains $55 Million AARGM Contract
The Navy gave ATK a $55 million Low Rate Initial Production (LRIP) contract for the advanced anti-radiation guided missile (AARGM). ATK will provide missiles, containers, spares, support/special test equipment, and […]
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Business/Financial
Vehicle-Mounted Laser Shoots Down UAV
A vehicle-mounted laser system shot down an unmanned aerial vehicle (UAV), The Boeing Co. [BA] announced today. UAVs are threatening U.S. troops in war zones. In tests at White Sands […]
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Business/Financial
Teets To Receive Award; He Also Becomes Aerospace Corp. Board Chairman
Peter B. Teets, a former senior Air Force and Lockheed Martin Corp. [LMT] official, will receive a lifetime space achievement award April 1 at the National Space Symposium from the […]
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CongressSASC Halts Lynn Consideration
By Emelie Rutherford The Senate Armed Services Committee (SASC) will not consider confirming former Raytheon [RTN] lobbyist William Lynn to be deputy defense secretary until it learns how his nomination […]
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Congress
Stimulus Bill Heading To House Floor Without Weapons, Shipbuilding Spending
By Emelie Rutherford Lawmakers and aides said they don’t see any scenarios in which spending on Pentagon weapon systems will be added to the massive economic-stimulus bill that, in its […]
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Business/Financial
Navy Secretary Hopeful LCS Will Be Cost Effective Approach To Reaching 313-Ship Fleet
By Geoff Fein With the defense industry facing uncertainties about the FY ’10 defense budget, one question making the rounds at last week’s Surface Navy Association (SNA) symposium was whether […]
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Business/Financial
Northrop Grumman Warns of $3 Billion Or More Charge Due To Stock Market Woes
By Calvin Biesecker Northrop Grumman [NOC] yesterday warned investors that it will take a non-cash, after-tax charge of between $3 billion and $3.4 billion in the recent fourth quarter for […]
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Business/Financial
Lockheed Martin Reports Modest Gains In Fourth Quarter
By Calvin Biesecker Bolstered by its growing information technology and services business, Lockheed Martin [LMT] yesterday posted higher fourth quarter net income and sales although pension headwinds forced the company […]
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Navy/USMCNAVSEA Taking Steps To Ensure Operational Fleet Reaches Full Design Life
By Geoff Fein To ensure that it can reach the goal of a 313-ship fleet, the Navy is undertaking several efforts to make sure its ships reach their full design […]
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InternationalNorthrop Grumman To Provide Army Software Engineering Support
Northrop Grumman [NOC] said Wednesday it has been awarded a delivery order potentially valued at $71.2 million over three years, to provide software engineering support to the Headquarters, U.S. Army, […]