Business/Financial
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Business/FinancialNASA Gives Wackenhut $1.2 Billion, 10-Year Security Contract After Wackenhut Sues NASA For Awarding Work To Coastal
NASA gave Wackenhut Services Inc. a $1.2 billion contract to provide security services at NASA installations, after Wackenhut successfully sued the space agency when it earlier had awarded the contract […]
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Business/FinancialSpace Tracking And Surveillance System Satellite Delivered To Canaveral For Launch Prep
The first Space Tracking and Surveillance System (STSS) satellite arrived at Cape Canaveral Air Force Station, Fla., for launch preparation, Northrop Grumman Corp. [NOC] announced. "This delivery is a significant […]
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Business/FinancialNavy 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/FinancialLockheed Martin Eyes Saudi Arabia For Aegis Equipped LCS, Upgrades BMD Capability
By Geoff Fein While Lockheed Martin [LMT] and the U.S. Navy continue to modernize the Aegis combat systems on Arleigh Burke-class destroyers and the ballistic missile defense capability of other […]
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Business/FinancialVerified Identity Pass Shuts Down Clear RT Program
By Calvin Biesecker Verified Identity Pass on Monday ceased operations of its Clear Registered Traveler (RT) program after failing to negotiate a new line of credit with its senior creditor […]
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ArmyDoD Directs Army Modernization Plan, Cancels FCS BCT
By Ann Roosevelt Pentagon acquisition chief Ashton Carter yesterday issued an acquisition decision memorandum (ADM) that brings to an end the Future Combat System (FCS) in its current form. "I […]
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Business/FinancialSAIC Confirms Havenstein To Be Its Next CEO
By Calvin Biesecker SAIC [SAI] yesterday confirmed that Walt Havenstein, the departing chief of BAE Systems‘ United States-based division, will become its new CEO in September, succeeding Ken Dahlberg who […]
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Business/FinancialHarris Rolls Out Handheld ROVER Video Receiver For ISR
Harris [HRS] has developed an intelligence, surveillance and reconnaissance (ISR) video receiver that delivers high-resolution full-motion tactical video to individual warfighters for real-time ISR, the company reported. The handheld Harris […]
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Business/FinancialBAE’s U.S. Chief Havenstein Leaving For SAIC
By Calvin Biesecker Britain’s BAE Systems said yesterday that Walt Havenstein, the head of its operations in the United States, will be stepping down this Friday; the company said that […]
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Business/FinancialNavy Developing New Arresting Gear For All Aircraft Carriers
By Geoff Fein While General Atomics and the Navy continue to work to prove the ability to catapult aircraft from a carrier using electricity instead of steam, the company is […]