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New agreements to jointly invest in defense equipment, joint training and development of an Anglo-French Combined Joint Expeditionary Force were signed Jan.31 by U.K. Prime Minister David Cameron and French […]

The Defense Department’s trend of procuring commercial satellite communications (COMSATCOM) bandwidth through lowest price, technically acceptable (LPTA) contract evaluations stifles industry’s innovation to provide best value and supplies warfighters with […]

The Air Force is developing an archival and retrieval system so that declassified data collected by the service’s Commercially Hosted Infrared Payload (CHIRP) may be provided to contractors and researchers […]

The Air Force dropped the Advanced Wideband Terminal (AWT) requirement from its Family of Advanced Beyond Line-of-Sight Terminals (FAB-T) program and will proceed with Command Post Terminal (CPT)-only production, according […]

Investing in the right capabilities, maintaining connected forces and deepening and widening cooperation with partners will be required to shape a NATO alliance to meet future challenges, according to NATO […]

Raytheon [RTN] is resuming work on the Navy’s next generation airborne jammer after it was suspended following a protest of the contract award to the firm, the company said on Jan. […]

Lockheed Martin [LMT] on Jan. 30 reported lower profits and sales in its first quarter driven by declines in defense spending and special charges. Net income tumbled 14 percent to $488 […]

Raytheon [RTN] on Jan. 30 reported higher net income in the fourth quarter due to the resolution of tax matters from discontinued operations although sales tumbled, as expected, amid challenges in […]

Buoyed by strong results in its commercial airplane and defense segments, Boeing [BA] on Jan. 29 posted higher sales and a double-digit increase in net income although it provided guidance for 2014 […]

Northrop Grumman [NOC] on Jan. 30 posted lower earnings and sales in its fourth quarter, although an aggressive stock repurchase program helped maintain healthy per share earnings. Net income fell 10 […]