International
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Business/FinancialJ.F. Lehman Acquires Rugged Electronic Systems Supplier Aish Technologies
The private equity firm J.F. Lehman & Company last Thursday said its portfolio company AGI Holdings has acquired United Kingdom-based Aish Technologies Limited, a provider of electronic equipment used in […]
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InternationalState Dept. OK’s Sale of A-29 Aircraft To Nigeria
The U.S. State Department has approved the possible sale of 12 Sierra Nevada Corp. (SNC) A-29 Super Tucano turboprop aircraft to Nigeria to counter terrorist groups and drug traffickers, the […]
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CyberFirst U.S. Public Cyber Security Training Facility Opens In Baltimore
BALTIMORE — A first-of-its-kind public cyber security training facility, the Baltimore Cyber Range, operated by security firm Cyberbit and designed to simulate large-scale virtual networks and replicate attacks opened Thursday. […]
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Navy/USMCNavy Awards Lockheed Martin Hundreds Of Millions of Dollars In F-35 Support Equipment And Services
The Naval Air Systems Command (NAVAIR) awarded Lockheed Martin [LMT] a $211 million modification to a previously awarded contract for the procurement of production non-recurring special tooling and special test […]
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InternationalQatar Closes $6 Billion Seven Ship Deal With Italy
Qatar announced the conclusion of a nearly $6 billion deal with Italy to buy seven naval vessels during a visit by the Italian foreign minister in Doha, Qatar. During a […]
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InternationalHalf-billion Dollars Fails To Establish Afghan Intelligence Capability
Nearly half a billion dollars was spent developing a domestic intelligence capability for Afghanistan and the government has no way to know if the investment has paid off, according to […]
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InternationalMDA Successfully Tests THAAD Against MRBM, South Korea To Install Remaining THAAD Launchers
The U.S. Missile Defense Agency conducted the 15th successful Terminal High Altitude Area Defense (THAAD) system intercept test, this time against a medium-range ballistic missile (MRBM) target, the agency said […]
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InternationalNavy Awards Lockheed Martin $3.7 Billion In Additional F-35 LRIP Aircraft
The U.S. Naval Air Systems Command awarded Lockheed Martin [LMT] a $3.7 billion modification to a previously awarded Low Rate Initial Production (LRIP) Lot 11 F-35 advance acquisition contract for […]
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Business/FinancialRaytheon’s Earnings Down, Sales Up In Second Quarter
Raytheon [RTN] on Thursday posted lower net income in its second quarter despite a solid increase in sales largely because last year’s results included a one-time gain from a change […]
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Navy/USMCNavy Fires Warning Shots At Approaching Iranian Vessel
A U.S. Navy coastal patrol ship fired warning shots at an Iranian naval vessel that was approaching it in an unsafe manner, U.S. Central Command (CENTCOM) said Tuesday. The Iranian […]