International
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Business/Financial
Raytheon Gains $83.6 Million For Radars Going To U.S. Navy, Allied Overseas Militaries
The Navy gave Raytheon Co. [RTN] an $83.6 million firm fixed-price contract for radars needed by the Navy and by allied military forces on their F/A-18E/F Super Hornet strike fighter […]
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Business/Financial
China Mobile, China Telecom and Alcatel-Lucent Sign $1.7 Billion Pact
Alcatel-Lucent [ALU] signed two framework agreements worth $1.7 billion with China Mobile and China Telecom, Alcatel-Lucent announced. The deal will provide network upgrades, integration and maintenance services this year. As […]
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Business/Financial
Turkish Company To Supply Key Component For Patriot GEM-T
Raytheon Co. [RTN] named a Turkish missile manufacturer as an international supplier of a key component of the Patriot Guidance Enhanced Missile- Tactical (GEM-T). Under the agreement, Roket Sanayii ve […]
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Business/Financial
Lockheed Leads With 50 Allegations Of Misconduct Since 1997: POGO
Lockheed Martin Corp. [LMT], the largest defense contractor receiving $34.2 billion in contracts in fiscal 2007, also led the pack in instances of misconduct, according to the Project on Government […]
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Business/Financial
GIOVE-B Satellite Marks One Year On Orbit
The GIOVE-B navigation satellite completed its first year in orbit. That 500 kg (1,102 pound) satellite, built by an industrial team led by Astrium under contract to the European Space […]
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Business/Financial
Lockheed Martin Acquires U.K. Firm Supporting Trident Sub Program
Lockheed Martin [LMT] said last Thursday that its United Kingdom subsidiary has acquired a small business that supports that country’s Trident ballistic missile submarine program. Imes Strategic Support Limited (ISSL), […]
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International
U.K. Forces Start Leaving Southern Iraq
After more than six years, British Forces began leaving southern Iraq. April 30, forces stationed at the Contingency Operating Base (COB) outside Basra were joined by Defence Secretary John Hutton […]
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International
Sikorsky, Alp Aviation Sign MoU For Helicopter Transmission Systems
Sikorsky [UTX] and Alp Aviation April 38 announced the signing of a Memorandum of Understanding (MoU) initiating the process to establish Alp as a qualified supplier of International Black Hawk […]
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International
Sikorsky Aerospace Services Signs MoU With MilSOFT ICT
Sikorsky Aerospace Services [UTX] announced at the International Defence Industry Fair the signing of a memorandum of understanding (MoU) to explore the formation of a joint venture with MilSOFT ICT […]
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International
France Moving Toward New Refueling Tanker Acquisition
France is preparing to replace its fleet of air-refueling tankers and is currently reviewing its options and acquisition strategy, a military official said. “We have to renew our tanker fleet,” […]