Business/Financial
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Army
Bell Helicopter, Army, Sign Cooperative Agreement To Develop CBM Technologies
Bell Helicopter Textron [TXT] and the Army Aviation Applied Technology Directorate (AATD) have signed an agreement to develop and mature state-of-the- art condition based maintenance (CBM) technologies. Bell’s winning proposal […]
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Business/Financial
Raytheon’s SSDS Set For USS
By Geoff Fein Early next year, the Navy will install and begin testing Raytheon‘s [RTN] ship self-defense system (SSDS) onboard the USS Nimitz (CVN-68) aircraft carrier, leading up to certification […]
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Army
Army Considers Stryker As Replacement For Armored Personnel Carrier
By Jen DiMascio The Army is considering Stryker vehicles as an option for replacing the M113 armored personnel carrier–the highest density vehicle in the fleet. The Army "absolutely" wants to […]
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Business/Financial
Wyle To Acquire RS Information Systems
Wyle said yesterday it has agreed to acquire RS Information Systems (RSIS), significantly expanding the company’s capabilities and customer base in the federal information technology (IT) sector and also giving […]
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Business/Financial
iRobot Teams With Advanced Scientific Concepts
iRobot [IRBT] yesterday said it has teamed with Santa Barbara, Calif.-based Advanced Scientific Concepts. The deal grants iRobot the exclusive rights to develop and market ASC’s 3-D Flash Laser Radar […]
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Business/Financial
Launches
Trident Missile Scores 120th Launch From Submerged Submarine: Lockheed A Trident missile was launched from a submarine, marking the 120 test launch since 1989, according to Lockheed Martin Corp. [LMT]. […]
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Air Force
Defense Watch
The Latest Word On Trends And Developments In Aerospace And Defense Movement Possible. A House leadership aide confirmed the House is likely to appoint conferees this week for the defense […]
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Air Force
Encouraging Signs Set Performance Bar High For Lame Duck Acquisition Chief
By Jen DiMascio In about 14 months when a new president takes office, John Young, the newly confirmed under secretary of defense for acquisition, technology and logistics will in all […]
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Business/Financial
DARPA Exploring Development of 50-Caliber Smart Bullet
The Defense Advanced Research Projects Agency (DARPA) plans to host an industry day on an exploratory development program aimed at developing a highly accurate 50-caliber bullet at long distances against […]