Business/Financial

Twelve more Australian organizations have joined the Rapid Prototyping, Development and Evaluation Program (RPDE), the nation’s effort to fix high risk and complex Defence capability problems, Minister for Defence Materiel […]

The Obama administration unveiled yesterday proposals for making it easier for U.S. companies to export some military aircraft equipment. A defense-industry group hailed the publishing of the proposed export rule changes, […]

Boeing [BA] has submitted its proposal to the government for a second five-year production contract for CH-47F Chinook heavy lift helicopters that would attain the Army’s planned 464-ship fleet, a […]

Lower volume for military small-caliber ammunition, energetics and continued weakness in NASA programs combined with higher taxes led ATK [ATK] yesterday to post declines in its second quarter sales and […]

Kaman [KAMN] yesterday said it has agreed to acquire Vermont Composites, Inc., a designer and manufacturer of composite aerostructures and composite medical equipment, boosting its capabilities in composites. Terms of […]

Lockheed Martin [LMT] yesterday said it has acquired Netherlands-based Sim-Industries, a developer and manufacturer of commercial aviation simulators, in a move that expands the company’s simulation business beyond the military. […]

The Australia-United States Defence Trade Cooperation Treaty is closer to implementation as the Defence Trade Controls Bill 2011 was introduced to Parliament, ministers said yesterday. The legislation is required for […]

The Defense Advanced Research Projects Agency (DARPA) plans two events around its desire for new innovative sources–companies and individuals–who may be outside the traditional defense industry to help revolutionize the […]

Lockheed Martin [LMT] yesterday said its PAC-3 Missile successfully detected, tracked and intercepted an aerodynamic tactical ballistic missile target yesterday in a flight test at White Sands Missile Range, N.M.  […]

The Army has begun the second of a planned biannual series of Network Integration Evaluations (NIE) examining a series of network and non-network capabilities in realistic scenarios to see how […]