International
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ArmyMEADS Program Momentum Continues Toward Fourth Quarter Intercept Test
Congress has sent President Barack Obama a continuing budget resolution that includes defense appropriation funds to complete the Medium Extended Air and Missile Defense System (MEADS) Proof of Concept (PoC), […]
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Army
Colombia Adds New Sikorsky Black Hawks To World’s Fourth Largest Fleet
Sikorsky [UTX] yesterday said the Colombian army has formally inducted five new Sikorsky S-70i multi-mission helicopters into its fleet of Black Hawk aircraft. Colombia is the first South American country […]
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Business/FinancialLockheed Martin BMD Efforts Move Ahead, Officials Say
Lockheed Martin [LMT] continues its work on ballistic missile defense programs even as program uncertainties and budget cuts loom, company officials said. “There’s an increased concern about the (ballistic missile) […]
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Business/Financial
IAI Posts Higher Fourth Quarter Sales And Profit
Israel Aerospace Industries (IAI) yesterday reported higher fourth quarter sales and earnings while backlog and orders rose in 2012. Net income in the quarter was $23 million versus $1 million […]
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Business/Financial
U.K. Makes $3 Billion Commitment To Aerospace Industry
The U.K. government and industry yesterday pledged a long-term partnership and an approximately $3 billion investment in the aerospace industry to keep its manufacturing on the cutting edge. Launched yesterday […]
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Army
U.K. Appoints New Chief of Defense Staff
Gen. Sir Nicholas Houghton will become the next Chief of the U.K. Defense Staff in July, taking over from Gen. Sir David Richards, the secretary of state for defense said […]
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Business/Financial
European Investment Bank Supports EADS Innovation, R&D Programs
The European Investment Bank (EIB) and the European Aeronautic Defense and Space Co. (EADS) yesterday said they signed an approximately $488 million finance contract in support of EADS Groups innovation […]
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InternationalElbit Systems Unit To Supply Asian Customer With EW Systems For Land Missions
Elbit Systems Ltd. (ESLT) Sunday said its wholly-owned subsidiary, Elbit Systems EW and SIGINT-Elisra Ltd., (Elisra), was awarded an approximately $115 million contract to supply an Asian customer with Electronic […]
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Army
Army Adds $500 Million To Harris IDIQ Tactical Comms Contract
Harris Corp. [HRS] yesterday said it has received a $500 million increase in the ceiling value of its 2011 Indefinite Delivery, Indefinite Quantity (IDIQ) contract with the Army Communications Electronics […]
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International
NATO Nations Launch Cyber Defense Project
Five NATO nations March 14 formally launched the Multinational Cyber Defense Capability Development Project, supported by the NATO Communications and Information (NCI) Agency as part of NATO’s Smart Defense initiative. […]