Business/Financial
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ArmyAM General Submits Independent Proposal For JLTV EMD Program
AM General LLC yesterday said it is backing two separate proposals for the Engineering and Manufacturing Development (EMD) phase of the Joint Light Tactical Vehicle (JLTV) program. AM General yesterday […]
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Business/FinancialHII’s Earnings Rise In Fourth Quarter On Adjusted Goodwill As Sales Flatten
Huntington Ingalls Industries [HII] yesterday posted a rise in net income in the fourth quarter due to a favorable $10 million adjustment to goodwill impairment charge taken in the third […]
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ArmyNavistar Defense Submits Saratoga Vehicle For JLTV EMD Program
Navistar Defense LLC [NAV] yesterday said it has submitted a bid to compete for the Joint Light Tactical Vehicle (JLTV) program. The company will bid a variant of its International® […]
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ArmyLockheed Martin Team Submits JLTV EMD Proposal With Lighter, More Affordable Vehicle
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ArmyGTV Team Delivers Proposal For JLTV EMD Phase
The General Tactical Vehicles (GTV) team of General Dynamics [GD] Land Systems and AM General yesterday said it delivered its proposal for the Engineering and Manufacturing Development (EMD) Phase of […]
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Business/FinancialWith Spending Tight, Assuring Access To Suppliers Is A Reason To Be Acquisitive, Boeing Exec Says
With the federal spending environment becoming more constrained and possibly heading toward steep cuts if a budget sequestration measure goes into effect early next year, Boeing [BA] will have to […]
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ArmyMSA Intends To Sell Its North American Ballistic Helmet Business
MSA [MSA] Friday said it has signed a non-binding letter of intent to sell its North America ballistic helmet business. Terms of the deal and the potential purchaser’s name are […]
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ArmyPositive Assessment From 75th Ranger Regiment For Rifleman Radio
A 30-day after-action review by the 75th Ranger Regiment of their Rifleman Radio Operational Assessment in Afghanistan was “tremendously positive,” according to Army documents. The regiment conducted the operational assessment […]
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Business/FinancialRaytheon Increases Dividend
Raytheon [RTN] on Wednesday said it is increasing its annual stock dividend by 16 percent to $2 per share, or 50 cent per quarter, marking the eighth straight year the […]
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Business/FinancialBill Altering DoD Sequestration Cuts Heads To House Floor
House Speaker John Boehner (R-Ohio) predicted yesterday the House will pass a budget blueprint that would shield the Pentagon from so-called sequestration spending cuts over the next decade. The House […]