Business/Financial
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Business/FinancialHarris Appoints Retired Army Gen. Peter Chiarelli To Board of Directors
Harris [HRS] yesterday said retired Army Gen. Peter Chiarelli has been appointed to its Board of Directors, effective immediately. Chiarelli, who served for almost 40 years, was Army Vice Chief of […]
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ArmyLockheed Martin SMSS Takes Part In Army Look At Robotic Counter-IED
Army engineers are taking a look at robotic systems, including Lockheed Martin’s [LMT] Squad Mission Support System (SMSS), to see if they can conduct counter-improvised explosive devices (IED) missions, something […]
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Business/Financial
Eaton Corp.’s Arc-Alert Technology Tapped For DLA Helicopter Retrofit Program
Eaton Corp. [ETN] yesterday said it has been selected by the Defense Logistics Agency (DLA) to provide Arc-Alert™ aircraft fault-protection technology as part of a military retrofit program. The value […]
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Business/Financial
DoD Awards Accenture Supply Chain Forecasting Improvement Contract
The Defense Department awarded Accenture [ACN] a two-year contract to identify ways that will improve supply chain forecasting techniques throughout the military, according to a company statement. Accenture said it […]
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Business/Financial
Senators See Clashing Ways To Advance Cybersecurity Proposals
Senators are offering clashing proposals for moving forward with stalled cybersecurity legislation as President Barack Obama weighs going around Congress and creating measures for businesses to better protect their networks. Senate supporters of […]
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Army
BAE Systems To Upgrade 353 National Guard Bradley Fighting Vehicles
BAE Systems yesterday said it received a $306 million contract modification to upgrade 353 Bradley Fighting Vehicles now in three different versions to one version, the Operation Desert Storm Situational […]
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Business/Financial
Northrop Grumman Signs Mentor/Protege Agreement With Juno Technologies
Northrop Grumman [NOC] yesterday said it has signed a Defense Department Mentor-Protégé agreement with Juno Technologies, a teammate on Northrop Grumman’s Consolidated Afloat Networks and Enterprise Services (CANES) program. CANES […]
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Business/Financial
Ryan’s Spot On GOP Ticket Could Sway Defense Spending
Rep. Paul Ryan’s addition to the Republican presidential ticket could sway Pentagon funding depending on the results of the November election, experts said. Ryan, the Wisconsin Republican whom presidential candidate […]
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Business/Financial
CBP Awards SRC $100 Million For Radar to Track Low, Slow Fliers
Customs and Border Protection (CBP) has awarded a $100 million contract to SRCTec for an aerial surveillance radar that can detect and track small, low and slow moving aircraft that […]
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Business/Financial
ATK Opens With Flat First Quarter But Earnings Hammer Expectations
ATK [ATK] yesterday reported an essentially flat first quarter but its earnings came in well above consensus estimates due to contract completions and profit adjustments at the Army’s Radford ammunition […]