Business/Financial
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Business/FinancialLockheed Martin Introduces New Supply Chain Management Systems
Lockheed Martin‘s [LMT] Savi Technology business unit yesterday launched several new products aimed at expanding its solutions in supply chain management for the military, trade and homeland security markets, company […]
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Business/Financial
PEO LMW Seeking To Partner With Small Defense Companies
By Geoff Fein Small contractors looking to land a defense contract without having to compete against the large prime companies can turn to the program executive office for littoral and […]
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Business/Financial
GD, Austal USA Wrap Up Testing of LCS-2’s Main Propulsion System
General Dynamics‘ [GD] Littoral Combat Ship (LCS), the Independence (LCS-2), completed testing of her main propulsion system in advance of builder’s trials planned for this summer, the company reported. All […]
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Business/Financial
BAE Completes Purchase of UAS Provider
Britain’s BAE Systems yesterday said it has completed its acquisition of Arizona-based Advanced Ceramics Research Inc., a producer of small unmanned aircraft systems (UAS) and advanced materials. "The acquisition of […]
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Business/Financial
Larry Prior Leaving SAIC To Be ManTech’s New President And COO
By Calvin Biesecker ManTech International [MANT] yesterday said that Larry Prior, who is currently the chief operating officer (COO) at SAIC [SAI], will be joining the company in July as […]
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Business/Financial
Sea Sparrow Missile Tests Go Well
The first fleet firings of a new-configuration Evolved Sea Sparrow Missile (ESSM) went well, the Navy reported. Naval Surface Warfare Center (NSWC) Port Hueneme successfully conducted Evolved Sea Sparrow Missile […]
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Business/Financial
Raytheon Gains $14.7 Million Patriot Depot Maintenance Contract Change
The Army gave Raytheon Co. [RTN] a $14.7 million contract change for depot-level maintenance for Patriot air and missile defense systems. The Aviation and Missile Command at Redstone Arsenal, Ala., […]
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Business/Financial
House NASA Budget Plan Would Slash Constellation Program; Cuts Would Be Provisional, Awaiting Report Of Augustine Panel
While some lawmakers and other critics say President Obama’s budget plan leaves NASA underfunded, his proposal may be far better than what the space agency ultimately will receive from Congress. […]
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Business/Financial
Artemis Sensor Activated Aboard TacSat-3 Satellite
The Artemis hyperspectral imaging sensor was activated on the TacSat-3 satellite, and Artemis is fully functional, Raytheon Co. [RTN] announced. Activation marks the beginning of the year-long TacSat-3 mission to […]
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Business/Financial
Space Forum New York: Commercial Firms Will Perform Missions For Less Money Than NASA, Space Tourist Richard Garriott Says, And NASA Could Operate For Half The Money It Now Receives
Commercial Space Industry Poised For Launch, Lifting Investors On A Ride To Success, Garriott Predicts; New Uses For Space Seen NEW YORK — Private commercial space firms will be able […]