Defense Daily

By Calvin Biesecker General Dynamics [GD] yesterday posted strong third quarter financial results due to surging sales and earnings at its Aerospace and Combat Systems segments and the company upped […]

By Calvin Biesecker Boeing [BA] yesterday posted a 61 percent increase in net income on the back of its commercial aircraft making business and company raised its financial expectations for […]

By Jen DiMascio The nation is spending so much to upgrade equipment that had been damaged in Iraq and Afghanistan that the Army could wind up with better equipment after […]

By Geoff Fein While the Navy and U.S. Special Operations Command (SOCOM) continue to work on reliability issues with the Advanced Seal Delivery System (ASDS), the cost of future ASDS […]

By Dave Ahearn The weather satellite system program, the Geostationary Operational Environmental Satellite-R series (GOES-R), may see a $1 billion jump in the price of the system, even after the […]

By Michael Sirak The Air Force will know more precisely in early November the schedule and cost impact of fixing a software problem in its first Space Based Infrared System […]

By Calvin Biesecker Northrop Grumman [NOC] joined in the defense earnings hit parade yesterday, logging a hefty increase in net income helped by higher sales, improved margins, reduced corporate expenses […]

The Marine Corps awarded Lockheed Martin [LMT] a $52 million contract to develop Combat Convoy Simulators (CCS), the next generation of convoy simulators that will provide training for a variety […]

NASA yesterday said it is now flying a modified General Atomics Aeronautical Systems Inc. (GA-ASI) Predator B equipped with sophisticated infrared imaging equipment to assist firefighters battling several of the […]

By Ann Roosevelt The United States is working to smooth the path to Foreign Military Sales (FMS) as the government of Iraq works to procure weapons for its national forces, […]