Business/Financial
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Business/FinancialNew LCS RFP Extends Build Time To 32 Months
By Geoff Fein The Navy last month issued its request for proposals (RFP) to teams led by General Dynamics [GD] and Lockheed Martin [LMT] for one Littoral Combat Ship (LCS) […]
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Business/Financial
Turkey To Spend $227 Million For Six MK 41 VLS
Turkey is looking to buy six Lockheed Martin [LMT] MK 41 Vertical Launch Systems (VLS) as well as associated equipment and services, the Defense Security Cooperation Agency (DSCA) said yesterday. […]
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Business/Financial
U.K. To Spend $125 Million For 157 Category I MRAPs
The United Kingdom is looking to spend upward of $125 million for 157 Mine Resistant Ambush Protected (MRAP) vehicles as well as associated equipment and services, the Defense Security Cooperation […]
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Business/Financial
Lockheed Martin Receives AH-64 Apache PBL Follow-On Contract
Lockheed Martin [LMT] received a follow-on potential $76.6 million contract for 2008 for Performance Based Logistics (PBL) to support the Target Acquisition Designation Sight/Pilot Night Vision Sensor (TADS/PNVS) and Modernized […]
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Business/Financial
Navy Lifts Stop Work Order On GD’s CEDS Effort
By Geoff Fein The Navy has lifted a stop work order on a General Dynamics’ [GD] effort to develop a common display system for ships, submarines and aircraft, following a […]
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Business/Financial
FLIR Acquires Spanish Sensor Networking Firm
FLIR Systems [FLIR] on Tuesday said it has acquired Spain’s Ifara Tecnologias, a developer and supplier of middleware and client application software used to network sensor systems, for $11.1 million […]
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Air ForceHoffman: F-22 Shutdown Decision Needed By November
By Emelie Rutherford An Air Force official told Senate authorizers yesterday that a decision on whether to keep open the F-22 Raptor production line needs to be made by November, […]
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ArmyBlackhawk and Atlantic Turbines Form Vector-Hawk Aerospace
Blackhawk Modifications and Atlantic Turbines International have entered a teaming agreement to expand turbine engine capabilities, forming a new company, Vector-Hawk Aerospace, headquartered in Daleville, Ala. The new company will […]
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Army
Lockheed Martin To Build More Arrowhead Targeting Systems
By Ann Roosevelt NATIONAL HARBOR, Md.—Lockheed Martin [LMT] April 7 announced the Army awarded it a $172 million follow-on contract for Arrowhead electro-optical systems for AH-64 Apache helicopter crews. The […]
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Business/Financial
Raytheon Launches Information Security Practice
By Calvin Biesecker Building off its legacy capabilities combined with its purchase last October of the cyber security firm Oakley Networks, Raytheon [RTN] said yesterday it has launched an Information […]