Business/Financial
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Business/FinancialLockheed Martin Gains $40.4 Million Contract Change For Aegis Work On Japanese Ship
The Missile Defense Agency gave Lockheed Martin [LMT] a $40.4 million contract change to provide ballistic missile defense (BMD) capability to a Japanese Aegis-equipped destroyer, the JS Myoko, the company […]
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Business/FinancialAirbus Vows To Boost Business In Alabama If It Can Make Tankers There
By Jen DiMascio Airbus executives and Alabama politicians yesterday said that the company would produce commercial freighters in Mobile, as long as its parent, the European Aeronautic Defence and Space […]
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Business/FinancialGD Beats L-1 To Produce State Department’s New Passport Card
By Calvin Biesecker The State Department yesterday awarded General Dynamics [GD] a potential $72.7 million contract to produce its new border travel document, the PASS Card, beating L-1 Identity Solutions […]
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Business/FinancialMTC, Marine Corps Cancel Tier II UAS Concept Demonstrator
By Geoff Fein MTC Technologies [MTCT] will return $683,000 in performance-based payments and pay $474,000 in program costs to the Marine Corps after entering into a cancellation agreement relating to […]
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Business/FinancialBAE Increases Contribution To S&T Education Group
By Calvin Biesecker BAE Systems said on Friday it will be tripling its annual contribution to a non-profit group that aims to inspire school children to be science and technology […]
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Business/FinancialNorthrop Grumman Gets $595 Million For Continued Work On CVN-78
The Navy Friday awarded Northrop Grumman [NOC] Newport News, Newport News a $595.9 million modification to previously awarded contract for the continuation of CVN-78 class design effort; long-lead time material […]
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Business/FinancialRockwell Collins Proceeds To Second Phase Upgrade For Thai Air Force C-130 Fleet
Thai Aviation Industries has awarded Rockwell Collins [COL] the second phase of a contract to upgrade the Royal Thai Air Force’s (RTAF) fleet of C-130 aircraft with integrated Communications, Navigation, […]
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Business/FinancialFluor-Led Team Beats Washington Group For Savannah River Contract
By George Lobsenz In only the second management change in the 58-year history of the South Carolina nuclear weapons site, the Energy Department announced yesterday it has chosen a five-company […]
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Business/FinancialU.K. Spending $1 Billion For 10 Reaper UAVs
The United Kingdom is looking to spend upward of $1.07 billion for the sale of 10 General Atomics Aeronautical Systems (GA-ASI)-built Reaper Unmanned Aerial Vehicle (UAV) aircraft as well as […]
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ArmyLockheed Martin GMLRS, HIMARS Programs Honored
By Ann Roosevelt Lockheed Martin‘s [LMT] Guided Multiple Launch Rocket System (GMLRS) and High Mobility Artillery Rocket System (HIMARS) programs and the Army are the recipients of the William J. […]