Business/Financial
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ArmyRaytheon Successfully Tests New TOW Propulsion System
Raytheon [RTN] yesterday said it tested a new ATK [ATK]-developed propulsion system for the Tube-Launched, Optically-Tracked, Wireless (TOW) missile. The enhanced system doubles TOW’s range and reduces the missile’s flight […]
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Business/FinancialManTech To Acquire Cyber Security Firm HBGary
Seeking to boost its capabilities and customer base in the cyber security arena, ManTech International [MANT] on Monday night said it has agreed to acquire the computer security firm HBGary, […]
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Air ForceSagem To Provide Maintenance for French Tactical Drones
Sagem, part of the Safran Group, yesterday said it has just signed a contract with SIMMAD, on behalf of the French Ministry of Defense, to provide in-service maintenance for the […]
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Business/FinancialHill Panel To Unveil Plan For Helping Defense Industry In Days
A special House panel will propose a series of recommendations by the end of next week for helping smaller companies compete for Pentagon contracts, its members said yesterday. The House […]
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ArmyNavistar Defense Taps Hendrickson, AxleTech, For MaxxPro Suspensions
Hendrickson, a Boler Company, and General Dynamics’ [GD] AxleTech International company yesterday said they were recently awarded a contract from Navistar Defense LLC, to provide suspension systems. Navistar Defense LLC […]
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ArmyATK To Develop GMLRS Alternative Warhead
ATK [ATK] yesterday said the Army has chosen it to develop an alternative warhead for the Guided Multiple Launch Rocket System (GMLRS). In 2009, Defense Daily identified ATK as well […]
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ArmyLongbow LLC delivers First Production UAS Control System For Apache Block III
The Longbow Limited Liability Company, a joint venture between Lockheed Martin [LMT] and Northrop Grumman [NOC], said it recently delivered the first production Unmanned Aerial Systems Tactical Common Data Link […]
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Business/FinancialFormer Air Force Chief Jumper To Take Reins At SAIC Next Week
SAIC [SAI] yesterday said that John Jumper, a member of the company’s board of directors and the former chief of staff of the Air Force, will succeed Walt Havenstein as […]
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Business/FinancialPentagon Official Sees ‘Real Challenges’ In Emerging Area Of IT Acquisition
A key Pentagon official sees “real challenges” in information technology acquisition because it has only been recently acknowledged and the Defense Department doesn’t have the skills necessary for IT acquisition. […]
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Business/FinancialJIEDDO Looks For Solutions For Future R&D Capability Gaps
The Joint Improvised Explosive Device Defeat Organization (JIEDDO) this week issued its Strategic Plan 2012-2016, enumerating seven future research and development (R&D) capability gaps it wants to fill to stay […]