Business/Financial
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Business/FinancialLockheed Martin Closes Purchase of Gyrocam Systems
Lockheed Martin [LMT] this week said it has completed its acquisition of Gyrocam Systems LLC, a provider of gyrostabilized optical surveillance systems and field services mainly to the United States […]
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Business/Financial
Navy And Marine Corps Seeing Increased Need For More Power, Commonality With UAS
By Geoff Fein As the demand for unmanned aerial systems (UAS) grows, the need to keep platforms airborne for longer periods of time requires improved power systems, and the plethora […]
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Business/Financial
Keeping UAVs Flying In Theater Takes The Efforts of Warfighters And Contractors
Geoff Fein To ensure continuous operations of unmanned air vehicles (UAV) in theater, the Navy and Marine Corps have a number of procedures and contracts in place to quickly repair […]
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ArmyUniform Fabric Fracas Signals ‘Buy America’ Concerns In Washington
By Emelie Rutherford Congressional debate over whether to continue importing a foreign fiber for military uniforms exemplifies differing concerns surrounding so-called "buy America" restrictions for Pentagon purchases, defense-industry followers say. And […]
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Business/Financial
ATK Extends Distribution Agreement With European Propellant Maker
Alliant Techsystems [ATK] last week said it has signed a new agreement with Nitrochemie allowing it to be the exclusive North American provider of the Swizterland-based company’s advanced propellant technologies […]
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Business/Financial
Warfighter Demand For UAVs Equaled By Increased Interest From Companies, Officials Say
By Geoff Fein The Navy and Marine Corps are seeing increased demand from warfighters for specialized payloads for unmanned air vehicles, and more companies are taking an interest in developing […]
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Business/Financial
Raytheon’s Insider Threat Management Solution Chosen By DoD For Cybersecurity
The Defense Information Systems Agency (DISA) selected Raytheon‘s [RTN] insider threat management solution as the Insider Threat Focused Observation Tool (InTFOT) for the Department of Defense, the company reported. Under […]
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Army
Oshkosh Corp. Selected Over BAE Systems For Army FMTV Rebuy
By Ann Roosevelt Oshkosh Corp.’s [OSK] Oshkosh Defense division yesterday prevailed over incumbent BAE Systems for the five-year, potential multi-billion rebuy program for the Army’s Family of Medium Tactical Vehicles […]
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Business/Financial
Boeing Plans $2.5 Billion Charge On 787 Program; First Flight Still This Year
Boeing [BA] yesterday announced a new flight-test and delivery schedule for its 787 Dreamliner aircraft program but said the initial flight-test planes have no commercial value given an extensive amount […]
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Business/Financial
Boeing Delivering Upgraded SLAM ER To Navy
By Geoff Fein Boeing [BA] has begun integrating new software into its Standoff Land Attack Missile Expanded Response (SLAM ER) that will enable the weapon to engage moving land targets, […]