Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialCharges, Pension, Lower Sales Send L-3’s First Quarter Earnings Down
Charges related to a pending divestiture and trouble with two international aircraft modification programs, higher pension expense, lower sales and program mix changes sent net income tumbling in the first […]
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BudgetCochran Suggests Continuing Production Of Coast Guard National Security Cutter
Sticking to his re-election campaign platform last year, Senate Appropriations Committee Chairman Thad Cochran (R-Miss.) on Wednesday suggested that the production line for the Coast Guard’s flagship National Security Cutter […]
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Business/FinancialNorthrop Grumman’s First Quarter Profit Tumbles But Beats Estimates
Northrop Grumman [NOC] on Tuesday posted lower first quarter earnings due to declines in operating profits at two of its business segments, a less favorable pension adjustment versus a year […]
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Business/FinancialGD Opens 2015 With Strong First Quarter
Bolstered by higher profits in each of its operating segments, General Dynamics [GD] on Wednesday posted strong financial results in the first quarter with top and bottom line increases to […]
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Homeland SecurityObama Taps Coast Guard Vice Commandant Neffenger To Lead TSA
Moving to fill the only open senior position at the Department of Homeland Security, President Barack Obama on Tuesday nominated the number two official at the Coast Guard, Vice Adm. […]
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Homeland SecurityZukunft Says Coast Guard Heavy Icebreaker Fleet Inadequate
The Coast Guard’s current fleet of two active polar icebreakers is inadequate to serve the nation’s needs in the Arctic region, Coast Guard Commandant Adm. Paul Zukunft said on Tuesday. […]
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Business/FinancialBAE Completes Sale Of Its Share In South Africa Land Systems Business To Denel
Britain’s BAE Systems plc on Tuesday said it has completed the sale of its 75 percent stake in a land systems business based in South Africa to Denel SOC Limited […]
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Business/FinancialCarter Wants To Lower Entry Barriers To DoD Market For Start Up Firms
As part of his pitch last week to strengthen relationships between the Defense Department and technology innovators in Silicon Valley, Defense Secretary Ashton Carter on Friday said that his department […]
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Business/FinancialSierra Nevada Corp. Acquires Firm Specializing In UAS Capabilities
Sierra Nevada Corp. (SNC) on Thursday said it has acquired Kutta Technologies, Inc., an Arizona-based company specializing in unmanned aircraft system (UAS) technologies in the areas of command and control, […]
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Business/FinancialBAE Exploring Sale Of U.S. Government Services Businesses
Britain’s BAE Systems plc on Friday said it is exploring the divestiture of its businesses in the United States that provide a range of intelligence, information technology (IT), and technical […]