Business/Financial
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ArmyiRobot Wins $286 Million Army x-Bot Contract
By Ann Roosevelt The Army yesterday said that iRobot [IRBT] was awarded the $286 million indefinite-delivery/indefinite-quantity contract that could call for as many as 3,000 robots, spare parts, training and […]
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Business/FinancialPentagon Awards Four Firms $2.6 Billion For 3,126 MRAPs
The Pentagon yesterday awarded more than $2.6 billion to four companies for an additional 3,126 Mine Resistant Ambush Protected (MRAP) vehicles to be manufactured and completed by end of July […]
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Business/FinancialDoD Report Finds Little Reliance On Foreign Sources of Supply
The Pentagon continues to award the overwhelming preponderance of its prime contracts, both in percentage and dollar terms, to domestic contractors, according to the latest report on the subject by […]
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Business/FinancialGeneral Dynamics Declares Success For FCS Robotic Convoy Experiment
General Dynamics [GD] Robotic Systems yesterday announced the successful completion of Phase I of the Future Combat Systems (FCS) Robotic Convoy Experiment (RCX) at White Sands Missile Range, N.M. "We […]
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Business/FinancialCessna Signs ARINC Defense Unit For Special Mission Modifications
ARINC Engineering Services, LLC, a portfolio company of The Carlyle Group, Dec. 13 announced it has entered into a business relationship with Cessna Aircraft [TXT], to perform design, engineering and […]
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Business/FinancialJapanese Aegis Destroyer Wins Test By Killing Target Missile With SM-3 Interceptor
The Japanese destroyer Kongo yesterday employed its Aegis weapon control system to guide a Standard Missile-3 to destroy a U.S. target missile. It was the first time that an allied […]
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Business/FinancialNavy Grounds 39 P-3C Orions Due To Structural Fatigue Concerns
By Geoff Fein The Navy yesterday grounded 39 of its fleet of P-3C Orion aircraft due to structural fatigue concerns discovered during an ongoing evaluation of the aircraft, according to […]
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ArmyL-3 Communications Protests Army Translation Award To DynCorp
By Ann Roosevelt L-3 Communications [LLL] yesterday filed a formal protest with the Government Accountability Office (GAO) challenging the Army’s award of a $4.6 billion contract for translators and linguists […]
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Business/FinancialCoast Guard Sees ICGS Phasing Out of Deepwater
By Calvin Biesecker As the Coast Guard continues to assume a greater systems integration role over its Deepwater modernization program, the contractor originally hired for the lead systems integration job […]
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Business/FinancialUnited Kingdom Requests 170 MRAP Vehicles
The Defense Security Cooperation Agency (DSCA) Dec. 17 notified Congress of a possible $147 million Foreign Military Sale to the United Kingdom of Mine Resistant Ambush Protected (MRAP) vehicles as […]