Business/Financial

A joint venture between the United Kingdom’s BAE Systems and the VT Group is expected to shortly sign a contract with the United Kingdom’s Ministry of Defence (MoD) for the […]

By Geoff Fein Although Marine Corps rotary wing platforms have had their share of issues, the successful first deployment of the V-22 Osprey demonstrates that the service’s aircraft are on […]

By Calvin Biesecker The Department of Homeland Security (DHS) is meeting federal goals for awarding contracts to small businesses but a majority of the business is going to the top […]

By Emelie Rutherford Pentagon leaders warned Senate appropriators yesterday that multiple defense initiatives– including buying unmanned aerial vehicles (UAVs)–would be jeopardized if Congress skips over passing a base defense appropriations […]

By Geoff Fein New Hampshire-based Optical Alchemy Inc. (OAI) will unveil its latest unmanned aerial vehicle (UAV) payload next month, a high definition camera that will provide small UAVs with […]

Northrop Grumman [NOC] this past weekend completed the final hull welds of the Virginia-class submarine USS New Mexico (SSN-779), the last major milestone before the ship’s christening later this year, […]

The Canadian navy has accepted its first DRS [DRS]-Thales SIRIUS Infrared Search and Track system for integration onto the Halifax-class frigates, according to Thales. SIRIUS underwent Factory Acceptance Test (FAT) […]

General Dynamics [GD] Robotic Systems earlier this month delivered the first 11-meter "Fleet" class Anti-Submarine Warfare Unmanned Surface Vehicle (ASW USV) to the Navy as part of the Littoral Combat […]

By Geoff Fein To continue to provide tactical mobility, the Marine Corps will have to continue buying Humvees until the Joint Light Tactical Vehicle (JLTV) makes its debut, a Marine […]

Lockheed Martin Wins $1.463 Billion Air Force GPS III Contract The Air Force as expected gave Lockheed Martin Corp. [LMT] the coveted GPS III next-generation military-civilian navigation-satellites contract, the Department […]