Business/Financial

Sagem, part of the Safran Group, yesterday said it has just signed a contract with SIMMAD, on behalf of the French Ministry of Defense, to provide in-service maintenance for the […]

A special House panel will propose a series of recommendations by the end of next week for helping smaller companies compete for Pentagon contracts, its members said yesterday. The House […]

Hendrickson, a Boler Company, and General Dynamics’ [GD] AxleTech International company yesterday said they were recently awarded a contract from Navistar Defense LLC, to provide suspension systems. Navistar Defense LLC […]

ATK [ATK] yesterday said the Army has chosen it to develop an alternative warhead for the Guided Multiple Launch Rocket System (GMLRS).  In 2009, Defense Daily identified ATK as well […]

The Longbow Limited Liability Company, a joint venture between Lockheed Martin [LMT] and Northrop Grumman [NOC], said it recently delivered the first production Unmanned Aerial Systems Tactical Common Data Link […]

SAIC [SAI] yesterday said that John Jumper, a member of the company’s board of directors and the former chief of staff of the Air Force, will succeed Walt Havenstein as […]

A key Pentagon official sees “real challenges” in information technology acquisition because it has only been recently acknowledged and the Defense Department doesn’t have the skills necessary for IT acquisition. […]

The Joint Improvised Explosive Device Defeat Organization (JIEDDO) this week issued its Strategic Plan 2012-2016, enumerating seven future research and development (R&D) capability gaps it wants to fill to stay […]

Far from the U.S. defense budget battles in Washington, D.C., Humvee-maker AM General unveiled a right-hand drive variant of the vehicle at the Singapore Air Show. In the United States, […]

The president’s fiscal year 2013 budget–the first based on the new strategic guidance–requests $184.6 billion for the Army comprised of $134.6 billion in the base request and $50 billion for […]