Navy/USMC
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Business/FinancialNavy Awards Northrop Grumman $5 Billion For CVN-78 Construction
The Navy yesterday awarded Northrop Grumman [NOC] Shipbuilding Newport News a $5.1 billion contract to build the next-generation aircraft carrier CVN- 78, the Gerald R. Ford. Under this contract, Northrop […]
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Air ForceSenate Defense Appropriators Want More Shipbuilding Funds, Third DDG-1000
By Emelie Rutherford The Senate Appropriations Defense subcommittee (SAC-D) included funds yesterday in its marked-up bill for a third DDG-1000 destroyer for the Navy in fiscal year 2009, ensuring the […]
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CongressNorthrop Grumman’s Hill Backers Slam Tanker Cancellation
By Emelie Rutherford Congressional backers of Northrop Grumman‘s [NOC] aerial refueling tanker bid decried news that the Pentagon is terminating the current KC-X solicitation, charging politics factored too much into […]
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Business/FinancialRaytheon Disappointed With Potential Congressional Cut In Funds For KEI Missile Defense
In Talks With Navy, Raytheon Suggests Making New Zumwalt Destroyers Missile Defense Ships Raytheon Co. [RTN] is disappointed that lawmakers in Congress may cut funding needed to develop the Kinetic […]
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Business/FinancialLockheed Martin Canada Wins $2 Billion Contract For Halifax Mod Effort
By Geoff Fein A Lockheed Martin [LMT] Canada industry team was awarded a $2 billion contract from the Canadian government to design and build the combat system for that nation’s […]
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Business/FinancialRaytheon Conducts Second Successful SM-6 Test This Summer
The Navy conducted the second test of Raytheon [RTN] Standard Missile-6 extended range anti-air warfare missile last week, the company reported. Just as in the first SM-6 test on June […]
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ArmyPentagon Orders MRAPs and Test Versions of MRAP-Like Vehicles
By Emelie Rutherford The Pentagon ordered $752 million worth of Mine Resistant Ambush Protected vehicles (MRAPs) from International Military and Government (IMG) yesterday, and tapped two other MRAP builders to […]
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Navy/USMCNavy OA Report To Congress Shows Service Making Gains Across The Enterprise
By Geoff Fein The Navy’s third report to the Senate Armed Services Committee (SASC) on efforts to incorporate open architecture (OA) into contracts and programs shows the Navy has made […]
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ArmySAIC Posts Solid Second Quarter Despite Net Income Drop
By Calvin Biesecker SAIC [SAI] on Wednesday posted solid second quarter results led by strong organic growth and record sales and a modest increase in income from continuing operations, which […]
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Homeland Security
Port Security Experiment In Tampa Bay Successful
A recent Navy and Coast Guard experiment to demonstrate certain aspects of future sea-going sensor packages in the port security role was successful, an industry official whose firm supported the […]