Business/Financial

By Geoff Fein The Navy last month issued a request for proposals (RFP) to both General Dynamics [GD] and Lockheed Martin [LMT] for the fiscal year ’10 Littoral Combat Ships […]

By Ann Roosevelt The Army deems "successful" an unprecedented Blue Ribbon Panel to include input from people within and outside the military about what a future ground vehicle (GCV) should […]

SAIC [SAI] yesterday said it has been awarded a five-year contract with a total potential value of $284 million for services for U.S. Joint Forces Command (JFCOM). The company will […]

By Calvin Biesecker Continuing its run of small acquisitions in targeted growth areas, Boeing [BA] yesterday said it has agreed to acquire eXMeritus, Inc., as it seeks to boost its […]

By Emelie Rutherford and Geoff Fein The Navy’s E-2D Advanced Hawkeye being developed by Northrop Grumman [NOC] suffered a critical cost breach triggering an already completed Pentagon certification under the […]

Boeing [BA] said yesterday it received an $18.7 million Army contract to procure long- lead items and related tooling and test equipment to support the initial delivery of early Spin […]

The Airborne Laser (ABL) is proceeding well toward a successful shoot-down of a target missile later this year, Army Lt. Gen. Patrick O’Reilly, director of the Missile Defense Agency (MDA), […]

The Global Positioning System III, or GPS III, is moving into the critical design review phase, Lockheed Martin Corp. [LMT] announced. That move into the next phase began on schedule, […]

Secretary of Defense Robert Gates said U.S. missile defenses have a "high probability" of taking out any incoming North Korean missiles. "I have confidence that if North Korea launched a […]

North Threatens ‘Action’ If Its Ships Are Boarded Under New U.N. Resolution To Curb Pyongyang Proliferation North Korea, fresh from launching missiles of varying ranges and testing a nuclear weapon […]