Business/Financial

The Professional Services Council (PSC) and the Contract Services Association of America (CSA), the two leading trade groups that lobby in support of companies that provide a range of base […]

By Michael Sirak MCGUIRE AFB, N.J.–On Monday, the 104th anniversary of the Wright Brothers’ first powered flight, the Air Force said it achieved another milestone by flying an aircraft for […]

By Jen DiMascio Nineteen Senators last week urged Defense Secretary Robert Gates and Office of Management and Budget Director Jim Nussle to provide enough funding for C-17 Globemasters in the […]

Firming up its ability to integrate and offer multi-modal biometric solutions, Lockheed Martin [LMT] yesterday said it has signed a cooperative agreement with the Germany-based facial recognition technology firm Cognitec […]

Lockheed Martin [LMT] yesterday 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 […]

Lockheed Martin [LMT] yesterday rolled out the Marine Corps’ F-35B short takeoff/vertical landing variant of the Joint Strike Fighter, a little over a year since the first F-35 took its […]

By Ann Roosevelt The Army yesterday said that iRobot [IRBT] was awarded the $286 million indefinite-delivery/indefinite-quantity contract that could call for as many as 3,000 robots, spare parts, training and […]

The Pentagon yesterday awarded more than $2.6 billion to four companies for an additional 3,126 Mine Resistant Ambush Protected (MRAP) vehicles to be manufactured and completed by end of July […]

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 […]