International
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Business/FinancialAdmin’s Export-Control Bill Imminent
The Obama administration is poised to propose legislation that would create a new export-control licensing entity, a senior official said yesterday. The draft bill, if approved by Congress, would bring […]
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InternationalFirst Lockheed Martin Production F-35 Arrives At Fighter Wing
The first Lockheed Martin [ LMT] production model F-35 Lightning II assigned to the 33rd Fighter Wing arrived at Eglin AFB, Fla., July 14 after a more than 90-minute ferry […]
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International
Senators Alarmed By LCS Corrosion, Question Program’s Path
Senate Armed Services Committee (SASC) Ranking Member John McCain (R-Ariz.) and six other senators told the Pentagon recently they have serious concerns about the Littoral Combat Ship (LCS) program. They […]
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International
U.K. Plans Major Budget Increase For Vital Equipment
The U.K. government recently committed to spending approximately $4.5 billion to fund vital future military equipment over the current planned budget, Ministry of Defence officials said. The funding increase of […]
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International
Torpedo-Defense Demonstration For Canadian Navy Successfully Completed
General Dynamics [GD] has completed its largest and most successful Technology Demonstration Program (TDP) with Defence Research and Development Canada Atlantic (DRDC Atlantic), demonstrating a torpedo-defense enhancement that will enhance […]
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International
ILS Proton Successfully Launches SES-3 Satellite
International Launch Services (ILS) successfully carried the SES-3 satellite into geostationary transfer orbit recently, the company announced. This was the first commercial shared launch for ILS; the SES-3 satellite was […]
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International
International Security Advisory Board Marks First Gathering Under Clinton
The International Security Advisory Board (ISAB) members appointed by Secretary of State Hillary Clinton met for the first time recently. Former Defense Secretary William Perry will serve as chairman of […]
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International
CFIUS Okays Safran Acquisition of L-1
L-1 Identity Solutions [ID] recently said that a United States oversight group has approved its acquisition by France’s Safran Group with the deal expected to close within five business days. […]
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Air ForceU.K. Plans Major Budget Increase For Vital Equipment
The U.K. government Monday committed to spending approximately $4.5 billion to fund vital future military equipment over the current planned budget, Ministry of Defence officials said. The funding increase of […]
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Business/Financial
CFIUS Okays Safran Acquisition of L-1
L-1 Identity Solutions [ID] yesterday that a United States oversight group has approved its acquisition by France’s Safran Group with the deal expected to close within five business days. L-1 […]