Business/Financial
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Army5D Robotics, Army, DRS Technologies, Segway, Aim To Lighten Soldier Load
5D Robotics Inc., yesterday said it is collaborating with Finmeccanica’s DRS technologies, Segway Inc, and the Army to develop robots to lighten the soldier’s workload and save lies. The company, […]
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Business/FinancialRussian Approval Might Challenge Aerojet Rocketdyne Acquiring Part Of RD AMROSS
Russian regulatory approval of Aerojet Rocketdyne acquiring its 50 percent stake in Russian rocket motor manufacturer RD AMROSS from United Technologies Corp. [UTX] could be a challenge, according to the […]
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Business/FinancialGenCorp And Russian Firm Partner On Spacecraft Thrusters
GenCorp [GY] yesterday said its Aerojet Rocketdyne division and the Russian space propulsion firm Experimental Design Bureau Fakel have extended a teaming agreement that provides Aerojet Rocketdyne with the right […]
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Business/Financial
Despite Difficult Budget Climate, Muilenburg Sees Solid Base of Opportunities
Despite the squeeze being felt domestically in defense spending, the global market of opportunities for defense and space products and services remains sizable, but affordability and program execution will be […]
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Business/Financial
GenCorp Completes Acquisition Of Rocketdyne
Following the Federal Trade Commission’s approval early last week, GenCorp [GY] on Friday said it has completed its $550 million acquisition of the Rocketdyne business unit from United Technologies Corp. […]
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Business/Financial
Coast Guard Awards HII Advanced Procurement For Seventh NSC
A little more than a month after receiving a nearly $500 million contract for construction of the sixth National Security Cutter (NSC), Huntington Ingalls Industries [HII] on Friday said it […]
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Air ForceFTC Investigating ULA, RD AMROSS For Anti-Competitive Behavior
The Federal Trade Commission (FTC) this spring began an investigation into potential anti-competitive practices on the part of space launch services provider United Launch Alliance (ULA) and rocket engine supplier […]
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Business/Financial
Longbow LLC To Provide Saudi Arabia With Apache Fire Control Radars
The Longbow Limited Liability Company (LLC), a joint venture of Lockheed Martin [LMT] and Northrop Grumman Corp. [NOC], received a $90.6 million contract to provide Saudi Arabia with Longbow Fire Control Radars (FCRs) for […]
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Business/Financial
Lockheed Martin, China’s SNPAS, Agree To Work Nuclear Plant Safety
Lockheed Martin [LMT] and China’s State Nuclear Power Automation System Engineering Company (SNPAS) yesterday said they have signed an agreement to prototype, manufacture and qualify nuclear power plant reactor protection systems for […]
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Business/Financial
Northrop Grumman Facing Challenge Of Aging Workforce In Key Areas, CEO Says
More than half of Northrop Grumman’s [NOC] tech professionals in many of its core disciplines are eligible for retirement, a challenge in an era of declining government research and development […]