International
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ArmyLockheed Martin Signs $198 Million U.K. Situational Awareness Contract
Lockheed Martin [LMT] U.K.-led Team Athena has signed a $198 million contract with the Ministry of Defence (MoD) for the Land Environment Air Picture Provision (LEAPP) situation awareness program. LEAPP […]
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Business/FinancialThird VH-71 Helicopter Preps For Final Assembly And Mission Systems Integration
Test Vehicle 3 (TV-3), the third VH-71 helicopter built for the presidential helicopter program, is undergoing final assembly and mission systems integration to enable the helicopter to be used as […]
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Homeland Security
High Costs, Operational Challenges Among Lessons Learned In Secure Freight Initiative
By Calvin Biesecker Initial lessons from a nearly six-month old pilot program at several overseas seaports to test the feasibility of scanning 100 percent of all cargo bound for the […]
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ArmyBAE Systems To Produce More M777A2 Howitzers
BAE Systems has received a $176 million order from the Defense Department for 87 additional M777A2 155mm towed howitzers. The order adds to the 589 M777A2 howitzers already on order […]
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Homeland Security
U.S. Issues Final Rule For Travel In Western Hemisphere
The Departments of Homeland Security (DHS) and State last week issued the final rule for travel by land and sea under the Western Hemisphere Travel Initiative (WHTI), mandating June 1, […]
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InternationalIraq Requests $1.4 Billion In FMS Equipment
Iraq potentially wants to buy approximately $1.389 billion in Foreign Military Sales of various vehicles, small arms and ammunition, communication equipment, medical equipment, clothing and individual equipment as well as […]
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InternationalU.K. Defense Budget About $68 billion For 2008-2009, Minister Says
The defense budget in 2008/2009 will be around $68.3 billion, the Minister for Defence Equipment & Support, Baroness Taylor, said March 27. Commenting on a House of Commons Defence Select […]
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InternationalNew Reports Show Iranian, North Korean, Chinese Missile Threats Worsen
By Dave Ahearn Three recent reports confirm that multiple missile threats facing the United States are worsening, threats that years ago prompted Washington to institute a $100 billion, multi-year, multi-layered […]
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Business/FinancialRaytheon Awarded $17.8 Million For NATO Seasparrow
The Navy and the NATO Seasparrow Project Office recently awarded Raytheon [RTN] a $17.8 million contract for the MK57, MK29 and MK73 NATO Seasparrow missile systems, the company reported. Under […]
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Business/FinancialEarnings Tumble Despite Sales Increase For IAI In Fourth Quarter
Israel Aerospace Industries (IAI) yesterday reported a steep decline in fourth quarter profits despite strong growth in sales. Net income in the quarter fell 66 percent to $19 million from […]