Business/Financial

By Jen DiMascio The House is likely to vote this week on a bill that authorizes the Defense Department to spend $507 billion during this fiscal year. The wide-ranging bill […]

By Ann Roosevelt The Boeing [BA] CH-47 Chinook helicopter program would benefit from congressional authority for multiyear procurement authority and D-to F-model conversion recommended in the Conference Report on the […]

By Ann Roosevelt The Army Dec. 7 reaffirmed its initial decision, later overturned by a protest and recompeted, to award a contract valued at more than $4.6 billion for management […]

The Department of Homeland Security (DHS) said on Friday that it is awarding Boeing [BA] a $64 million task order to design, develp and test an upgraded situational awareness software […]

By Calvin Biesecker United States aerospace sales will continue to increase this year and next, and the expansion will continue to rest largely on the civil aircraft market, the Aerospace […]

Leo Motors Inc. (LEOM) announced it has delivered an advanced working prototype electric multipurpose strategic vehicle/tank to Hyundai Rotem, one of the largest companies in the Korean defense industry. The […]

By Michael Sirak and Jen DiMascio The U.S. military’s global transport network needs to grow from it’s current east-west orientation to a more robust en-route infrastructure that can move personnel […]

The United Kingdom’s Ministry of Defence awarded Lockheed Martin [LMT] a $4.8 million contract to procure additional Desert Hawk III Unmanned Aircraft Systems (UAS), the company said Nov. 28. With […]

By Geoff Fein The drop in attacks on Marines in Iraq has in part led the service to re-examine the number of Mine Resistant Ambush Protected (MRAP) vehicles it will […]

General Dynamics [GD] United Kingdom Limited subsidiary yesterday announced it is collaborating with the University of the West of England (UWE), the Imperial College London, the Home Office Scientific Development […]