Business/Financial
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Business/FinancialTo Improve Defense System Reliability, National Research Council Offers Recommendations, Including Contract Proposal Changes
Changes to Requests for Proposals (RFP), proposals and contracts are among the 25 recommendations from a National Research Council (NRC) in assessing how the Defense Department could increase the reliability […]
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Business/FinancialPentagon Acquisition Chief Seeks More Limited, Proper Use Of Low-Price Bid Awards
Pentagon acquisition chief Frank Kendall said he has recently issued guidance urging programs to be more selective in the use of a contracting model that awards bidders solely on the […]
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Business/FinancialBAE Wins $382 Million Contract To Finish Final Design Of Vanguard Successor
BAE Systems was awarded $382 million in additional contract funding to finish the final phase of design work for a successor to the Royal Navy’s Vanguard-class submarines that carry the […]
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Business/FinancialOrbital ATK Announces 2015 Dividend, Share Repurchase Plans
Orbital ATK [OA] on Thursday announced its capital allocation plans for this year, including quarterly cash dividend payments of 26 cents per share and repurchases of up to $75 million. […]
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Business/FinancialFirst Internationally Assembled F-35A Completed In Italy Cameri Facility
The first F-35A Lightning II assembled internationally was rolled out in Italy, Lockheed Martin [LMT] said on Thursday. Final assembly of the aircraft took place at the Cameri Final Assembly […]
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Business/FinancialSikorsky’s Outlook, Platform Depedency Not Aligned With Megatrends UTC Is Focusing On
United Technologies Corp. [UTX] is exploring the divestiture of its $7.5 billion helicopter business because the long-term growth and earnings outlook at Sikorsky Aircraft doesn’t fit with the rest UTC’s […]
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Business/FinancialDHS IG Finds Improper Contract Oversight At S&T Branch
The termination for convenience last year by the Department of Homeland Security’s (DHS) Science and Technology (S&T) Directorate of a contract to NVS Technologies, Inc. for the development of a […]
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Business/FinancialGenCorp Launches Competitiveness Initiative, Announces Name Change
GenCorp Inc. [GY] on Monday said its Aerojet Rocketdyne business has launched a competitive improvement program aimed at cutting costs and boosting operational efficiencies, which it expects will result in […]
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Business/FinancialObama Launches New Cyber/IT Training Program
President Obama launched an initiative called TechHire, which will, in part, fund cyber and IT training pilot programs, he said on Monday. “We’re launching a $100 million competition for innovative […]
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Business/FinancialGermany Awards Airbus IED Jammer Contract
Airbus Defence and Space won a contract from the German procurement authority, BAAINBw, to equip German Armed Forces vehicles with 36 improvised explosive devices (IED) jammers, the company said on […]