Navy/USMC
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Business/Financial
Northrop Grumman Wins $53 Million Contract For Laser Weapon System Testing
The U.S. Navy’s Office of Naval Research (ONR) awarded Northrop Grumman [NOC] an initial contract of $53 million to produce a 150-kilowatt-class solid state laser weapon system for naval ship […]
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Air Force
Lockheed Meets Annual Production Goal Of 45 F-35s For 2015
The F-35 Joint Strike Fighter program met its production goal of 45 aircraft in 2015, bringing the total number of operational aircraft deliveries for the U.S. and partner militaries to […]
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Army
Cubic Announces Acquisitions Of Two Companies In C4ISR Markets
Cubic Corp. [CUB] on Monday said it has acquired one firm and agreed to acquire another in deals aimed at further expansion in the C4ISR arena. Cubic said it paid […]
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Budget
Carter Directs Navy to Cut LCS Program to 40 Ships, Winnow Down to One Builder
Defense Secretary Ashton Carter has called on the Navy to slash its planned buy of Littoral Combat Ships (LCS) and frigates from 52 to 40 vessels, as well as to […]
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Army
Lockheed Martin Claims Secret Documents Could Have Swayed GAO JLTV Decision In Its Favor
Lockheed Martin [LMT] claims a trove of documents and data that only recently came to light could salvage its bid to build thousands of tactical trucks for the Army and Marine […]
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Air Force
Congress Unveils Omnibus Bill With $573 Billion for Defense
Congress came to a deal late Tuesday night on government spending for the current fiscal year, unveiling a $1.1 trillion package that includes about $573 billion for the Defense Department. […]
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Army
Lockheed Martin Files JLTV Complaint In Federal Court, Canceling Previous Protest
Lockheed Martin’s [LMT] protest of the Joint Light Tactical Vehicle (JLTV) contract award was dismissed by the Government Accountability Office (GAO) on Tuesday, clearing the way for Oshkosh [OSK] to […]
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Navy/USMC
Navy Begins Airworthiness Tests of LRASM Aboard Super Hornet
The Navy in November started initial testing of the Long Range Anti Ship Missile (LRASM) aboard its F/A-18E/F Super Hornet. The initial airworthiness testing was conducted with LRASM mass-simulator vehicle […]
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Advanced / Transformational Technology
Study: Precision Small Arms Will Give Ground Troops Leg Up In Future Fight
The proliferation of highly capable electronics and advanced military weaponry could dull the edge U.S. ground forces have over their enemies in future ground conflict, but precision-guided small arms could […]
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Homeland Security
Raytheon Picks Up $543 Million Missile Contract
A day after a successful Standard Missile-3 Block IIA flight test, the Missile Defense Agency awarded Raytheon [RTN] $543 million contract for up to 17 missiles for operational testing and initial […]