Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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UTC To Sell Pratt & Whitney Power Systems Unit To Mitsubishi
United Technologies [UTX] yesterday said it has agreed to sell its Power Systems business unit that is part of its Pratt & Whitney division to Japan’s Mitsubishi Heavy Industries so […]
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Business/FinancialThales USA Inc. President And CEO To Retire; Successor Elected
Thales USA Inc. said President and CEO Allan Cameron will retire at the end of the year and Alan Pellegrini, vice president and general manager of Thales Avionics, will succeed […]
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ArmyLockheed Martin UK, University, Improve Ceramic Armor Protection
Lockheed Martin UK [LMT] and researchers at the University of Surrey have developed a new lighter-weight method of improving the protection and survivability of armored vehicles, such as those used […]
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Army
Italy Will Hold U.S. Financially Accountable For Any MEADS Withdrawal, Minister Says
If the United States does not provide funding to complete the Medium Extended Air Defense System (MEADS) design and development ( D&D) phase, Italy will hold it financially accountable, the […]
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DEFENSE WATCH
The Latest Word On Trends And Developments In Aerospace And Defense Shelby’s SAC. Sen. Richard Shelby (R-Ala.) is poised to become ranking member of the Senate Appropriations Committee (SAC) during […]
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Army
Successful PAC-3/MSE Intercept Test Expands Patriot Battlespace
Lockheed Martin [LMT] yesterday said its PAC-3 Missile Segment Enhancement (MSE) successfully engaged, intercepted and destroyed a tactical ballistic missile (TBM) target at White Sands Missile Range, N.M. The first […]
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Business/Financial
Indian Defense Minister Acknowledges Potential Boeing Helicopter Procurement
In a statement to India’s lower house of parliament, Defense Minister AK Antony Dec. 5 acknowledged that in the Indian Air Force procurement for 15 heavy-lift helicopters, the U.S. Boeing […]
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Army
BAE Systems To Complete Paladin PIM LRIP In Oklahoma
BAE Systems yesterday said the company plans to complete low-rate initial production (LRIP) of the Paladin Integrated Management (PIM) 155mm self-propelled howitzer system at the Elgin, Okla., facility located in […]
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Army
President Intends To Nominate Gen. Lloyd Austin To Lead U.S. Central Command
Defense Secretary Leon Panetta yesterday said President Obama intends to nominate Army Vice Chief of Staff Gen. Lloyd Austin as the next commander of U.S. Central Command. Panetta called Austin […]
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Business/Financial
Northrop Grumman Launches Innovation Network
Northrop Grumman [NOC] has launched its Northrop Grumman Innovation Network, a new Web-based environment the company intends to encourage and reward challenge-driven innovation and solution collaboration, with the initial focus […]