Navy/USMC
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BudgetGreenert: Navy Will Seek Significantly Higher Savings Than 20 Percent Headquarters Goal
The Navy’s top officer gave some insight into its alternate budget plans at a Senate Armed Services Committee hearing on Nov. 7, noting that the Navy is considering making about […]
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Business/FinancialHurricane Insurance Recovery Boosts Profits At Huntington Ingalls
Huntington Ingalls Industries [HII] yesterday posted higher third quarter sales and net income, which benefited from hurricane insurance recoveries. Net income was up more than 400 percent to $69 million, […]
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Air ForceService Chiefs: Lack of Control Over Own Budgets Causing Inefficiencies, Misdirected Spending
Congressional interference in spending plans and the inflexibility of sequestration have a cost, the military service chiefs told the Senate Armed Services Committee yesterday–inefficiencies stemming from cuts and uncertainty will […]
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Air ForceF-35 Nearing Production Increase, Pentagon Acquisition Chief Says
The F-35 Joint Strike Fighter remains the Pentagon’s highest acquisition priority and officials are poised to increase the production rate as progress is made to overcome cost and technical challenges, […]
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Navy/USMCBAE Systems To Develop High Velocity Projectile For The Navy
BAE Systems has been awarded a $33.6 million contract to develop a next generation High Velocity Projectile (HVP) for the Office of Naval Research (ONR), the company said yesterday. BAE […]
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Navy/USMCLockheed Martin, Navy, MDA Complete Light Off for Second Aegis Ashore System
The second Aegis Ashore system reached operational readiness on Oct. 24, completing its “light off” and allowing a team of Navy, Missile Defense Agency and Lockheed Martin [LMT] officials to […]
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ArmyTranshield To Supply Protective Vehicle Covers–Largest Defense Contract In Company History
Elkhart, Ind.-based Transhield Inc. Nov. 1 said the company was awarded an $8.3 million contract–the largest defense contract in company history to supply protective covers for more than 4,500 Mine […]
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CyberGAO Rejects Protest Of Navy’s Next Intranet Award
The Government Accountability Office (GAO) said Friday it has upheld the Navy’s awarding of the contract for the service’s next-generation intranet known as NGEN to Hewlett-Packard [HP]. Harris Corp. [HRS] […]
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Navy/USMCNavy Newest Fire Scout Unmanned Helicopter Takes First Flight
The Navy’s newest version of the unmanned Fire Scout helicopter has flown for the first time as the service continues to develop a system designed to provide longer endurance than […]
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Navy/USMCSikorsky Completes First Tests For Marine Corps’ CH-53K Rotor Blades
Sikorsky Aircraft said yesterday that it has completed the initial rotor blade tests for the Marine Corps’ CH-53K heavy lift helicopter. CH-53K concept. Rendering: Sikorsky. With 12 percent more surface […]