Business/Financial
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Business/FinancialRockwell Collins To Acquire UAV Subsystem Supplier Athena Technologies
Rockwell Collins [COL] yesterday said it has agreed to acquire Athena Technologies, a privately held developer and supplier of flight control and navigation systems used mainly in unmanned aerial vehicles […]
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Business/FinancialNASA Gives Lockheed $47.5 Million Contract For Space Shuttle Fuel Tanks
NASA gave Lockheed Martin [LMT] a $47.5 million contract change for external fuel tanks to be mated to space shuttle orbiter vehicles in future missions. Lockheed Martin will make the […]
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Business/FinancialQinetiQ Enters Test And Evaluation Partnership With U.K. MoD
QinetiQ March 3 announced it signed with the U.K. MoD a five-year, approximately $1.8 billion firm price agreement confirming price, volume and availability for the Long Term Partnering Agreement (LTPA) […]
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Air ForceNorthrop Grumman Wins Air Force Tanker Competition
By Jen DiMascio In a surprise decision, the Air Force on Friday picked a Northrop Grumman [NOC]-European Aeronautic Defense and Space Co. (EADS) team over Boeing [BA] to develop and […]
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Business/FinancialIBM Protests FBI Biometric Award To Lockheed Martin
IBM [IBM] last week lodged a protest with the Government Accountability Office (GAO) over its loss to Lockheed Martin [LMT] for a potential $1 billion contract to develop a multi-modal […]
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Business/FinancialLockheed Martin, Army CERDEC Sign ISR CRADA
Lockheed Martin [LMT] announced Feb. 27 it signed a cooperative research and development agreement (CRADA) with the Army’s Communications-Electronics Research Development and Engineering Center’s (CERDEC) Intelligence and Information Warfare Directorate […]
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Air ForceAir Force Chief Open To Discussion of Selling F-22s Abroad
By Jen DiMascio The Air Force chief of staff yesterday indicated he would welcome discussions with the defense secretary about opening the F-22 Raptor to foreign military sales. The sale […]
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Business/FinancialSubstituting A DDG-1000 To Pay For Other Ships Would Disrupt Combatant Line, CNO Says
By Geoff Fein Any plan to sacrifice a DDG-1000 to buy other ships could impact the Navy’s surface combatant lines as the service begins developing new classes of ships, the […]
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ArmyGeneral Dynamics Awarded $40 Million Army Contract For Robotic Security Vehicles
General Dynamics [GD] announced Feb. 25 the Army awarded its Robotic Systems unit an indefinite delivery/indefinite quantity contract with a total potential value of $40 million for production of the […]
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Business/FinancialNorthrop, Loral To Join In Seeking Government Satellite Contracts
Northrop Grumman [NOC] and Loral Space & Communications [LORL] will work together in seeking government satellite contracts, the companies announced Wednesday. Loral Space is a unit of Space Systems/Loral (SS/L), […]