Business/Financial

By Geoff Fein The Navy yesterday grounded 39 of its fleet of P-3C Orion aircraft due to structural fatigue concerns discovered during an ongoing evaluation of the aircraft, according to […]

By Ann Roosevelt L-3 Communications [LLL] yesterday filed a formal protest with the Government Accountability Office (GAO) challenging the Army’s award of a $4.6 billion contract for translators and linguists […]

By Calvin Biesecker As the Coast Guard continues to assume a greater systems integration role over its Deepwater modernization program, the contractor originally hired for the lead systems integration job […]

The Defense Security Cooperation Agency (DSCA) Dec. 17 notified Congress of a possible $147 million Foreign Military Sale to the United Kingdom of Mine Resistant Ambush Protected (MRAP) vehicles as […]

The Department of Homeland Security (DHS) last week issued grant guidance and application kits to help states prepare for the implementation of REAL ID compliant drivers’ licenses beginning May 11. […]

The Pentagon continues to award the overwhelming preponderance of its prime contracts, both in percentage and dollar terms, to domestic contractors, according to the latest report on the subject by […]

General Dynamics [GD] Robotic Systems yesterday announced the successful completion of Phase I of the Future Combat Systems (FCS) Robotic Convoy Experiment (RCX) at White Sands Missile Range, N.M. "We […]

ARINC Engineering Services, LLC, a portfolio company of The Carlyle Group, Dec. 13 announced it has entered into a business relationship with Cessna Aircraft [TXT], to perform design, engineering and […]

The Japanese destroyer Kongo yesterday employed its Aegis weapon control system to guide a Standard Missile-3 to destroy a U.S. target missile. It was the first time that an allied […]

By Jen DiMascio The Senate last week passed the defense authorization bill for 2008, which recommends nearly a billion dollar reduction in the Army’s plans to buy tactical radios. The […]