Business/Financial
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ArmyTextron Introduces Two New Commando Vehicles At IDEX
Textron Marine & Land Systems [TXT] introduced two vehicles to its Commando™ family of vehicles–the Select Mortar Vehicle and the Utility Baserunner–at the International Defense Exhibition and Conference (IDEX 2013. Designed […]
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Business/FinancialCACI Makes Abrupt Change At Top To Focus On Winning New Business
Facing a period of constrained government spending and increased competition, CACI International [CACI] on Tuesday said it has appointed Kenneth Asbury as the company’s top executive to put a focus […]
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Army
Oshkosh Defense Debuts TerraMax Tech To International Community
Oshkosh Defense [OSK] drew back the curtain for the international debut of its Oshkosh TerraMax™ unmanned ground vehicle (UGV) technology, which is available to support militaries globally and demonstrated at […]
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Army
Navistar To Retrofit Armored Cabs On Afghan National Security Force Vehicles
Navistar Defense LLC, a key supplier to the Afghan National Army (ANA) and Afghan National Police (ANP), has received a $23 million urgent delivery order from the U.S. Army TACOM […]
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Business/Financial
U.S. Unit of Alenia Aermacchi Appoints New President
Alenia Aermacchi yesterday said the board of directors of its United States-based division has appointed Benjamin Stone as the new president and CEO of Alenia Aermacchi North America. Stone replaces […]
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BudgetDoD Will Continue To Invest In Small Firms It Deems Vital
The Pentagon plans to continue a new effort to support small defense companies, if needed, to ensure the government retains the critical capabilities they uniquely provide. Brett Lambert, the deputy […]
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Business/Financial
Curtiss-Wright Renames Metal Treatment Segment
Curtiss-Wright Corp. [CW] yesterday said it is changing the name of its Metal Treatment segment to Surface Technologies to better reflect the breadth and direction of the businesses’ operating activities. […]
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Business/Financial
Beechcraft Emerges From Bankruptcy In Time For Light Air Support Decision
Beechcraft, formerly known as Hawker Beechcraft, formally emerged from Chapter 11 bankruptcy in time for the Air Force’s Light Air Support source selection, which is expected to take place Friday. […]
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Army
Oshkosh Defense Reveals JLTV Utility Variant
Oshkosh Corp.’s [OSH] Defense unit last week revealed its Light Combat Tactical All-Terrain Vehicle (L-ATV) utility variant for the Joint Light Tactical Vehicle (JLTV) program. The L-ATV utility variant fills […]
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Business/Financial
Orbital Sciences Posts Record Sales But Lowers Guidance On Uncertainty
Orbital Sciences Corp. [ORB] yesterday reported lower net income in its fourth quarter despite record sales but lowered its sales and earnings guidance for 2013 due to an uncertain federal […]