International
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CyberU.K. Terminates e-Borders Contract; Raytheon Awaits Review
By Calvin Biesecker The United Kingdom’s Home Office yesterday said it has decided to cancel its approximately $1 billion contract with Raytheon [RTN] for an electronic border (e-Borders) security program […]
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Business/FinancialDeYoung Looks To Sharpen ATK’s Focus On Organic, International Growth
By Calvin Biesecker Despite pressure on defense spending in the United States and abroad, ATK‘s [ATK] new chief believes his company has plenty of opportunities to improve its market position […]
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InternationalLockheed Martin To Provide GMLRS Unitary For U.S., Foreign Customers
Lockheed Martin [LMT] July 20 received a $462.9 million contract to produce Guided Multiple Rocket Systems (GMLRS) Unitary for the U.S., foreign allies and foreign military sales (FMS) customers. GMLRS […]
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International
Sikorsky Reveals German Multi-Role Helicopter Team
Sikorsky [UTX] said at the Farnborough Airshow this week its German Multi-Role Helicopter Team (GMRHT), consisting of several partnership agreements, will work together to introduce the Cyclone multi-role helicopter into […]
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International
Bell Helicopter, NRC Canada Sign Research Framework Agreement
Bell Helicopter [TXT] and the National Research Council Canada (NRC) said they have signed a 10-year research framework agreement to identify and undertake work of mutual interest in the research […]
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International
EADS Eyes Foreign Markets As European Budgets Contract
Anticipating a major drawdown in spending by European governments over the next several years, executives of the European Aeronautic Defense and Space Company (EADS) said late last week that they […]
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Homeland Security
National Guard To Deploy Along Southwest Border Aug. 1
By Calvin Biesecker In an effort to bolster border security, the Obama administration on Monday said that 1,200 National Guard troops would be deployed to the country’s southwest border beginning […]
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Business/Financial
Canada Commits $8.5 Billion For 65 Lockheed Martin F-35s
Canada has committed approximately $8.5 billion for the acquisition of 65 Lockheed Martin [LMT] F-35 Lightning II Joint Strike Fighters (JSF) as the country looks to replace its fleet of […]
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International
Dytechna, Hobson Industries Sign Strategic Alliance
Dytecna Ltd. and Hobson Industries Ltd. July 1 signed a strategic alliance to target certain future business opportunities. The agreement was signed by managing directors John Fulford of Dytecna and […]
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International
General Dynamics Prepares To Define Canadian LAV III Upgrades
General Dynamics [GD] Land Systems-Canada (GDLS-C) was awarded a $34.4 million contract for the Light Armored Vehicle (LAV) III Upgrade project. The work entails engineering and design work for the […]