International
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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 […]
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Business/Financial
Northrop Grumman Wins Management System Contract For U.K. Astute- Class Sub
By Geoff Fein Northrop Grumman‘s [NOC] Sperry Marine British business unit was recently selected to supply the Platform Management System (PMS) for the next Royal Navy Astute-class submarine, HMS Audacious, […]
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InternationalGeneral Dynamics UK Launches The EDGE Innovation Centre
General Dynamics [GD] United Kingdom Limited announced recently that it has launched a pioneering innovation center for Britain’s knowledge-based industries. The EDGE UK will enable rapid testing of new advances […]
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International
Raytheon To Provide Patriot Services For South Korean FMS
Raytheon [RTN] said it has received an initial contract to provide engineering services related to a U.S. government Foreign Military Sale of the Patriot air and missile defense system to […]
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International
Iraq 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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Business/Financial
L-1 To Acquire ID Systems Business of Digimarc
By Calvin Biesecker L-1 Identity Solutions [ID] yesterday said it has agreed to acquire the ID Systems business of Digimarc Corp. [DMRC] for $250 million in stock and cash in […]
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Business/Financial
Australia Continues F/A-18 Super Hornet Project
Australia will continue with the F/A-18 Super Hornet program, produced by Boeing [BA], based on advice from its ongoing Defence Review, the government said March 17. In addition, the government […]
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ArmyArmy, State Department, To Work Together On Stability Operations
Stability operations appear to be an idea whose time has come, as a future failing state crisis could see State Department-led civilian groups moving and working alongside Army soldiers under […]
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International
General Dynamics UK Launches The EDGE Innovation Centre
General Dynamics [GD] United Kingdom Limited announced recently that it has launched a pioneering innovation center for Britain’s knowledge-based industries. The EDGE UK will enable rapid testing of new advances […]
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Homeland Security
TSA Seeks Sources For Bottled Liquid Scanners
The Transportation Security Administration (TSA) recently issued a notice seeking sources for handheld or benchtop devices capable of screening bottles for liquid explosives with the aim of establishing a Qualified […]