Business/Financial

A Lockheed Martin Corp. [LMT] subsidiary settled a patent infringement lawsuit. Terms of the settlement weren’t disclosed, except that the Lockheed unit, Savi Technology, Inc., termed it "favorable." Savi contended […]

The Sirius FM-5 satellite and its Russian Proton M rocket were delivered separately to the Baikonur Cosmodrome in Kazakhstan, according to International Launch Services (ILS). After passing through customs, the […]

The latest variant of the Advanced Medium-Range Air-to-Air Missile (AMRAAM) completed its seventh test flight, Raytheon Co. [RTN] announced. During the March 19 test, the AIM-120D AMRAAM was fired from […]

The Air Force gave Lockheed Martin Corp. [LMT] a $1.487 billion cost plus fixed fee contract to provide the third Space Based Infrared Systems Geosynchronous Earth Orbit satellite. Lockheed also […]

South Korea may purchase Standard Missile (SM) gear through the Foreign Military Sale program, the Defense Security Cooperation Agency announced. It notified Congress of a possible sale to Korea of […]

The National Oceanic and Atmospheric Administration (NOAA) gave Harris Corp. [HRS] a $736 million, 10-year contract to work on the Geostationary Operational Environmental Satellite – Series R Ground Segment (GOES-R […]

NASA gave three companies contracts for liquid nitrogen, or LN2, and liquid oxygen, or LOX. The firms will supply six NASA facilities supporting activities for the Space Operations Mission Directorate […]

NASA gave Raytheon Co. [RTN] a $29 million follow-on contract to help design air traffic management and other items in the Airspace Concept Evaluation System (ACES). This is a cost-plus-fixed-fee […]

The Army gave Raytheon Co. [RTN] up to $30 million for Surface Launched Medium Range Air-to-Air Missile (SLAMRAAM) long-lead purchases. They will facilitate later low rate initial production. SLAMRAAM is […]

By Emelie Rutherford The new acquisition-reform law’s mandate for the Department of Defense (DoD) to tighten regulations regarding organizational conflicts of interest has spurred anxiety among some defense-industry denizens and […]