Business/Financial
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Business/FinancialPew: Public Most Concerned About ‘Fiscal Cliff’
The American public cares more about the so-called fiscal cliff of budget issues–including pending defense cuts–than matters that consumed lawmakers’ attention last week such as the resignation of CIA Director […]
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ArmySaft To Continue Battery Storage Work For BAE Systems GCV Team
Saft yesterday said BAE Systems awarded the company $1.3 million in new funds to continue development of a Lithium-ion (Li-ion) energy storage system for the Army’s Ground Combat Vehicle (GCV) […]
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Business/Financial
CACI To Acquire Small Healthcare IT Firm Emergint Technologies
CACI International [CACI] last week said it has agreed to acquire Emergint Technologies, a small healthcare information technology (IT) company that further expands CACI’s capability and presence in this growing […]
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Business/Financial
BAE To Acquire Ship Repair Firm MHI
Britain’s BAE Systems yesterday said it has agreed to acquire the Virginia-based Naval ship repair firm Marine Hydraulics International Inc. (MHI), a deal that further expands it capacity and expertise […]
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Air ForceSenator Proposes Defense Cuts On Eve Of Budget Summit
A spending hawk in the Senate spelled out $67.9 billion in proposed Pentagon reductions yesterday, on the eve of today’s White House summit with lawmakers on fiscal matters including pending […]
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Business/Financial
U.S.-Australia Reaffirm Value of Alliance, Will Consult On Missile Defense
U.S. and Australian officials continue to affirm the value of their alliance in helping to shape the security and prosperity of the Asia Pacific region, to include working toward an […]
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Air Force
Revised DoD Buying Guide Stresses Improved Acquisition Workforce, New Affordability Levers
The Pentagon’s acquisition overseer this week issued a preliminary update to the Defense Department’s buying guidance, which emphasizes a stronger and better trained acquisition workforce, more backbone when it comes […]
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Army
Army Taps EADS North America To Deliver 34 More Lakota Helicopters
The European Aeronautic Defense and Space Co. (EADS) North America yesterday said the Army awarded a $181.8 million contract option to deliver 34 more UH-72A Lakota helicopters, raising the total […]
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Business/Financial
Budget Woes Complicate DoD Acquisition Efficiency Efforts
The Pentagon is struggling to cut costs and make its acquisition process faster and more affordable, but faces budget cuts and potential sequestration that would strip $500 billion in across-the-board […]
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Business/Financial
Lockheed Martin Acquires UAS Systems Provider Chandler/May
Lockheed Martin [LMT] yesterday said it has acquired Chandler/May, Inc., a small firm that develops and supplies small unmanned aircraft systems (UAS) and ground control systems for UAS, in a […]