Business/Financial
-
Business/FinancialAriane 5 Launches Two Satellites
An Ariane 5 heavy lifter rocket lifted off from the spaceport at Kourou, French Guiana, South America, to launch two telecommunications satellites into geostationary transfer orbits. Those satellites were accurately […]
-
Business/Financial
Russia Launches Three Glonass-M Satellites On Proton Rocket
Russia launched three Glonass-M navigational satellites on a Proton robotic rocket that soared on Christmas from the Baikonur Cosmodrome in Kazakhstan, Itar-Tass reported. That brings the total number of Glonass […]
-
Business/Financial
NLOS System Precision Attack Missile Completes Third Test
A Non Line-of-Sight-Launch System’s Precision Attack Missile completed the third guided test flight for the weapon class. NetFires LLC, a joint venture between Raytheon Co. [RTN] and Lockheed Martin Corp. […]
-
Business/Financial
Raytheon Gains Up To $3.3 Billion Patriot Order For UAE
The Army gave Raytheon Co. [RTN] a not-to-exceed $3.3 billion order for advanced Patriot air and missile defense capability, whole life support and training for the United Arab Emirates (UAE). […]
-
Business/Financial
GAO Denies Raytheon Protest Of Sole-Source Aegis Mod Contract To Lockheed Martin
The Government Accountability Office (GAO) Dec. 22 denied Raytheon’s [RTN] protests against several sole-source, non-competitive contracts that the Navy earmarked for Lockheed Martin [LMT] for modernization of Aegis weapon-control systems […]
-
Business/Financial
Greece Accepts SAIC C4I System Developed For 2004 Olympics
SAIC [SAI] on Monday said the Greek government has formally accepted a C4I system the company developed for the country in conjunction with the 2004 Summer Olympics in Athens that […]
-
Business/Financial
First of Three South Korean Aegis Destroyer Readies for Service
Lockheed Martin‘s [LMT] 94th Aegis System entered active service Monday under the flag of the fifth nation to join the worldwide Aegis fleet – the Republic of Korea (ROK), the […]
-
Business/Financial
Schafer Corp. Acquired By Private Equity Firm Metalmark
The private equity firm Metalmark Capital has acquired Schafer Corp., a provider of systems engineering and integration services to government agencies, the firms announced on Monday. Terms of the deal […]
-
Business/Financial
USS Freedom Preparing For Post Delivery Availability Next Month
By Geoff Fein As the USS Freedom (LCS-1) begins her post delivery availability early next month, the ship will undergo some tweaks, including correcting an obstruction in the mission bay […]
-
Business/Financial
Navy Awards General Dynamics $14 Billion For Block III Virginia-Class Submarine
By Geoff Fein The Navy Monday awarded General Dynamics [GD] a $14 billion multi-year contract to build eight Block III Virginia-class submarines. The contract marks the effort by the Navy […]