Business/Financial
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Business/FinancialNorthrop Grumman Ship Systems Launches USS
The future USS New York (LPD-21), the fifth ship of the San Antonio-class of amphibious ships, was launched last month from Northrop Grumman [NOC] Ship Systems in Avondale, La., the […]
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Air ForceChilean Air Force Selects Bell 412 Helicopter
Bell Helicopter Textron [TXT] said it recently hosted a high ranking delegation from the Chilean Air Force (FACH) for a contract signing ceremony in which Gen. Julio Escobar committed the […]
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Business/FinancialCBP Issues Requirements For Container Security Devices
Customs and Border Protection this week issued a Request for Information (RFI) for existing Conveyance Security Devices (CSDs) mounted inside cargo containers to meet requirements that appear less robust than […]
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Business/FinancialUnited Kingdom Requests 170 MRAP Vehicles
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 […]
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Business/FinancialDoD Report Finds Little Reliance On Foreign Sources of Supply
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 […]
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Business/FinancialLockheed Martin To Provide AN/TPS-77 Radar To Latvia
Lockheed Martin [LMT] recently said it received a contract valued at $44 million from the Latvian National Armed Forces for two long-range AN/TPS-77 transportable air surveillance radar systems and options […]
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Business/FinancialMorocco Spending $2.6 Billion For Aircraft, Equipment
Morocco is looking to spend upward of $2.4 billion for 24 F-16C/D Block 50/52 aircraft as well as associated equipment and services, according to the Defense Security Cooperation Agency (DSCA). […]
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Air ForceJASSM Cruise Missile Successful In Flight Test, Says Lockheed Martin
By Michael Sirak Lockheed Martin [LMT] says its JASSM stealthy cruise missile flew successfully in a flight test yesterday, according to a company spokeswoman. "After nine consecutive successful ground tests, […]
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Business/FinancialSwitzerland To Spend $535 Million On F/A-18C/D Upgrades
Switzerland is looking to spend $535 million for the sale of "Upgrade 25 Program" equipment to enhance survivability and communications connectivity and to extend the useful life of 33 Swiss […]
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Business/FinancialITT Completes Purchase of EDO
ITT Corp. [ITT] yesterday completed its acquisition of EDO Corp. for $1.7 billion, which includes the assumption of debt, giving it a range of new aerospace and defense capabilities. The […]