Business/Financial
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Air ForceDoD, Lockheed Martin Finally Agree On F-35 LRIP IV Contract
By Calvin Biesecker Months later than expected, the Defense Department and prime contractor Lockheed Martin [LMT] yesterday said they have agreed to terms for the fourth low-rate initial production (LRIP) […]
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Business/FinancialL-1 Selling Identity Solutions Portfolio To Safran, Intel Business To BAE
By Calvin Biesecker France’s Safran Group and Britain’s BAE Systems yesterday announced plans to acquire the identity solutions and intelligence services businesses respectively of L-1 Identity Solutions [ID], in two […]
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Business/Financial
ITT To Acquire Airport IT Operations Business From SRA
ITT Corp. [ITT] yesterday said it has agreed to acquire an airport operation management software platform business from SRA International [SRX] to bolster its new commercial aviation data service. Terms […]
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Business/Financial
Navy Wants To Begin T-AO(X) Effort Three Years Early To Aid Ship Industry
By Geoff Fein The Navy will look to move up production of its planned double-hulled oilers from 2017 to 2014 to provide stability and greater competition for the shipbuilding industry, […]
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ArmyGeneral Dynamics Awarded Contract For Joint Biological Point Detection Systems
General Dynamics [GD] Armament and Technical Products has been awarded a $30 million contract by the Army for production and field support of Joint Biological Point Detection Systems (JBPDS). The […]
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Business/Financial
TSA Selects Battelle, TASC Under $350 Million Test And Evaluation Contract
By Calvin Biesecker The Transportation Security Administration (TSA) has selected Battelle and TASC Inc., to compete for task orders under a potential five-year, $350 million indefinite delivery, indefinite quantity contract […]
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Business/Financial
ONR Awards Boeing $23 Million To Finish Free Electron Laser Design
By Geoff Fein The Navy has awarded Boeing [BA] an additional task order of $23 million to complete the design of the 100-kilowatt Free Electron Laser (FEL) lab demonstrator, the […]
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Business/Financial
Rapiscan, Smiths Detection Nab TSA Orders For Second-Gen X-Ray Systems
By Calvin Biesecker The Transportation Security Administration (TSA) has awarded task orders to OSI Systems‘ [OSIS] Rapiscan Systems division and Britain’s Smiths Detection for the second generation of Advanced Technology […]
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Business/Financial
Coast Guard Awards Bollinger $166 Million Contract For Next Four FRCs
The Coast Guard this week awarded Bollinger Shipyards a $166.1 million contract option to begin production on the next four Sentinel class Fast Response Cutters, raising to eight the number […]
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Business/Financial
Navy Beaches Coastal Craft Over Structural Issues
By Geoff Fein The Navy has ordered all of its Cyclone-class Patrol Coastal (PC) ships deployed in the Persian Gulf to be removed from service following the discovery of structural […]