Business/Financial

By Geoff Fein For the second time in almost 10 months, the Navy has issued an inspection bulletin for the F/A-18A-D Hornet fleet, this time for cracks discovered in some […]

Lockheed Martin [LMT] yesterday announced the Army awarded a follow-on Performance Based Logistics (PBL) contract with a potential value of $89 million in 2009 to support the Target Acquisition Designation […]

Oshkosh Corp. [OSK] yesterday said it will add approximately 1,000 workers in a major employment buildup consisting of new hires and recalls that will maximize operations to supply MRAP All […]

By Calvin Biesecker SAIC [SAI] has acquired Atlan, Inc., a small laboratory company that conducts cyber security product testing as well as Federal Information Processing Standard (FIPS) 140-2 and 201 […]

By Ann Roosevelt Oshkosh Corp. [OSK] will research next generation diesel-electric and hybrid-electric drive technologies to improve fuel efficiency and on- board power capability, officials said. "We have ongoing programs […]

By Geoff Fein Lockheed Martin [LMT] is well into construction on its second Littoral Combat Ship (LCS) as the its first ship, the USS Freedom (LCS-1) enters its second post […]

By Calvin Biesecker ManTech International [MANT] this week established a new subsidiary that will focus on the development and marketing of new cyber products and solutions for its federal, state, […]

By Geoff Fein Virginia Beach-based Global Technical Systems (GTS) has been awarded a $95 million indefinite delivery indefinite quantity contract for the Navy’s Common Processing Systems (CPS)–a major piece of […]

By Calvin Biesecker Suppliers and contractors in the United States are capable of meeting the nation’s needs for solid rocket motors (SRM) but challenges remain, including the need for increased […]

Canada yesterday said it has approved a potential $856 million upgrade program for the LAV III family of vehicles, and General Dynamics [GD] Land Systems-Canada will be the prime contractor […]