Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialMDA To Acquire Space Systems/Loral, Become Major Communications Player
Canada’s MacDonald, Dettwiler and Associates Ltd. [MDA],this week said it signed an agreement to acquire 100 percent of Space Systems/Loral Inc. (SS/L) for $875 million in a transaction that is […]
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Business/Financial
Lockheed Martin Elects Kubasik To New Position On Board of Directors
Lockheed Martin [LMT] yesterday said its board of directors unanimously voted to establish the new position of vice chairman, electing President and Chief Operating Officer Christopher Kubasik as a board […]
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Business/Financial
BAE Systems Promotes Two Executives
BAE Systems yesterday said Tom Arseneault has been appointed executive vice president, Product Sectors and chief technology officer. Larry Prior, who currently serves as executive vice president, Service Sectors, has […]
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ArmyArmy Validates Ground-Based Sense And Avoid System
The Army yesterday said it successfully validated the technology and capabilities of the Ground Based Sense and Avoid (GBSAA) System this month in a series of demonstrations held at Dugway […]
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Business/Financial
PartnerTech, BAE Systems Unit Sign LoA On Defense Electronics
Sweden’s PartnerTech [PART] and BAE Systems’ Global Combat Systems unit yesterday said the two companies have signed a letter of intent regarding the manufacturing and testing of defense electronics. "This […]
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Army
Kongsberg To Supply Norwegian Army Systems Under BAE Systems Contract
Kongsberg has signed an approximately $64.2 million contract with BAE Systems to supply combat systems for Norwegian military vehicles. BAE Systems, Sweden, is the main supplier to the Norwegian army’s […]
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Air ForceDLA Already Moving Some Items Out of Afghanistan, Director Says
The director of the Defense Logistics Agency (DLA) said the agency is already beginning to move items out of Afghanistan ahead of the larger work expected as U.S. troops begin […]
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Business/Financial
L-3 Board of Directors Approves Spin-Off of Engility Holdings Inc.
L-3 Communications Holdings Inc. [LLL] on Tuesday said its board of directors approved the distribution to its shareholders of all the outstanding shares of its subsidiary, Engility Holdings Inc., and […]
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Army
Textron Awarded Afghanistan Training and Logistics Support Contract
Textron Systems’ [TXT] Marine & Land Systems (TM&LS) yesterday said it was awarded initial $14.95 million funding of a potential $30.51 million cost-plus-fixed-fee contract modification to continue providing training and […]
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CongressPanetta, Kendall Request MEADS Support From Key Senators
Secretary of Defense Leon Panetta and Under Secretary of Defense for Acquisition Technology and Logistics Frank Kendall have written key senators asking for their support for Fiscal Year 2013 funding […]