Business/Financial
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Business/FinancialRaytheon Wins $21 Million DARPA Contract For Network Centric Radio System
The Defense Advanced Research Projects Agency (DARPA) last Friday awarded Raytheon [RTN] a $21.7 million cost-plus-fixed-fee and fixed-price contract to develop the generation Network Centric Radio System (NCRS), with additional […]
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Business/Financial
J.F. Lehman Acquires Defense Holding Company
By Calvin Biesecker The private equity firm J.F. Lehman and Company yesterday said it has acquired Defense Venture Group (DVG) and its affiliates in partnership with DVG management, adding businesses […]
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Business/Financial
Private Equity Firm Acquires Wyle
The private equity firm Court Square Capital yesterday said it has acquired Wyle, a provider of aerospace and information technology solutions to the federal government, from Littlejohn & Co., another […]
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Business/Financial
Navy Awards Concept Study Contracts For AMDR
Lockheed Martin [LMT], Northrop Grumman [NOC] and Raytheon [RTN] have each been awarded Navy contracts worth approximately $10 million for concept studies for the Air and Missile Defense Radar (AMDR) […]
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Business/Financial
Senators’ Warning: Any Augustine Recommendations For Changes In Ares I Rocket Program Must Undergo Congressional Review; Ares I Gets About $1.4
Obama Must Complete All Shuttle Missions, Even If That Means Funding, Flights In Fiscal 2011; And Don’t Fund Shuttle Flights By Short-Changing Other Programs Senate Bill Lashes NASA For Procurement […]
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Business/Financial
Obama’s Missile Defense Cuts Prevail In Both Senate Armed Services Panel, And In Entire House
Funding Restoration Amendments Are Rejected Even More Cuts May Gouge Missile Defense Programs In Future Years, Lawmaker Warns Both the entire House and a key Senate panel backed President Obama’s […]
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Business/Financial
Senate Defense Authorization Bill Leaves European Missile Defense Program With No Construction Funds, Chairman Levin Says
But Defense Measure Also Encourages Talks With Russians Over Possible Joint Radar The pending Senate defense authorization bill leaves the European Missile Defense (EMD) program with just $51 million for […]
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Business/Financial
Senate Appropriators Excoriate NPOESS, Voice ‘Lack Of Confidence’ In Program Management, But Provide Full Funding
Obama Administration Isn’t Seizing Control Of NPOESS To Fix Problems, Lawmakers Say The Senate Appropriations Committee expressed exasperation with the long-troubled National Polar-orbiting Operational Environmental Satellite System, or NPOESS, but […]
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Business/Financial
Sea Launch Files For Chapter 11 Bankruptcy But Says It Wishes To Continue Operating
Sea Launch, the company that provided a mid-ocean launch pad, filed for Chapter 11 bankruptcy protection, but said it wishes to continue operations. The filing came after the company had […]
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Business/Financial
Iranian Leader Disparages Obama, Compares Him To Bush; Ahmadinejad Demands Obama Apologize To Iran
Obama Is Appalled At Iran Mistreating, Killing Protesters Who Allege Vote Fraud Chances Dim For Major Reduction In Iranian Missile-Nuclear Threat That Could Justify Abandoning European Missile Defense President Obama’s […]