Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Tuesday, October 29, 2024
- U.S. OKs $2 Billion In Potential Weapons Sales To Taiwan, Includes NASAMS Defense Systems
- Senators Push OMB To Assess New Sub Funding Idea, Knock Navy On Hill Comms
- Sikorsky Awarded $1.24 Billion For UH-60M Black Hawk Deliveries To FMS Customers
- Honeywell Partners with Near Earth Autonomy In Autonomous Rotorcraft Competitions
- HDT Details Hunter WOLF Platform For Army’s S-MET Inc. II Prototyping Effort
- Special Aerospace Services Adds Missile And Hypersonic Weapons Company To Portfolio
- DIU Awards Astra Up To $44 Million Development Of New Launch System
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BudgetSpecial Aerospace Services Adds Missile And Hypersonic Weapons Company To Portfolio
Special Aerospace Services (SAS) on Monday said it has acquired Concordia Technologies, which has expertise in hypersonic weapons and missile defense modeling and simulation, a deal that adds to its […]
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SpaceDIU Awards Astra Up To $44 Million Development Of New Launch System
Astra last week said it has received a potential $44 million contract from the Defense Innovation Unit (DIU) to further develop and scale production capabilities of a new launch system […]
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Homeland SecurityIn First Operational Posture, Coast Guard Outlines Need To Prioritize, And Subtly Pitches For More Resources As Demands Climb
The Coast Guard last Friday issued a new posture statement, a document that outlines the relentless pace of operational demands on the service, the need to make priorities within its […]
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Business/FinancialL3Harris Reports Solid Third Quarter; Efficiency Initiative Delivering
L3Harris Technologies [LHX] last Thursday reported solid third quarter results with mid-single digit organic sales and net income growth. Net income rose 6 percent to $404 million, $2.10 earnings per […]
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Business/FinancialNorthrop Grumman Reports Higher Earnings, Sales In Third Quarter
Solid operating performance combined with a pension benefit and a lower tax rate lifted Northrop Grumman [NOC] net income in the third quarter amid a slight increase in sales. Net […]
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Air ForceB-21 In ‘Mix’ As Part Of USAF Force Structure Review, Northrop Grumman CEO Says
An ongoing congressionally-mandated review of the U.S. Air Force’s force structure includes the B-21 bomber but it is too early to say if the production quantities for the stealth aircraft […]
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Advanced / Transformational TechnologyX-Bow Validates Advanced Manufacture Of Rocket Motor Propellant With Successful Flight
X-Bow Systems on Tuesday said it successfully launched its Bolt rocket in a test that validated the company’s advanced manufacturing process for solid rocket motor (SRM) propellant, a big confidence […]
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Business/FinancialCore Commercial, Defense Businesses Will Remain But Portfolio Review Underway At Boeing, Ortberg Says
New Boeing [BA] Chief Kelly Ortberg has initiated a portfolio review to assess what adds to the company and what does not but said on Wednesday that the core commercial […]
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UncategorizedNavy Work, Aerospace Lift GD To Strong Third Quarter; Submarine Supply Chain Woes Persist
General Dynamics [GD] on Wednesday reported strong third quarter financial results supported by its businesses that make ships and submarines for the Navy and business jets and aircraft services for […]