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Business/FinancialNorthrop Grumman’s Earnings Down, Sales Up In Third Quarter
Northrop Grumman [NOC] on Thursday reported lower net income due to a combination of operating and non-operating factors while sales edged higher largely on the strength of its booming space […]
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Air ForceOverruns on KC-46A Climb to $6.9 Billion
Cost overruns on the U.S. Air Force’s KC-46A Pegasus tanker have climbed to $6.9 billion from more than $5 billion last December. Under the terms of Air Force’s February 2011 […]
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Business/FinancialSlew Of Charges In Defense Segment Waylay Boeing’s Third Quarter Income
Boeing [BA] on Wednesday reported dramatically wider losses in its third quarter primarily driven by difficulties across a number of its defense programs stemming largely from continued supply chain and […]
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PentagonFormer Defense Secretary Ashton Carter, Creator of DIU, Dies at 68
Former Defense Secretary Ashton Carter, 68, a Rhodes scholar and theoretical physicist who helmed the Pentagon between 2015 and 2017, died of a heart attack on Oct. 24 at his […]
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Nuclear ModernizationDitch Award Fees For Prime Contractors; M&O Parent Cos. of Little Help, New NNSA Report Says
The prime contractors for civilian nuclear-weapon sites get no “lasting benefit” from their corporate parent companies, the interests of which may conflict with national security, a small group of National […]
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Nuclear ModernizationHead of Nevada Site Prime To Step Down
Mark Martinez planned to retire as president of Mission Support and Test Services, the Honeywell [HON]-led prime contractor for the Nevada National Security Site, according to people familiar with Martinez’s […]
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InternationalCollins Aerospace to Upgrade Chilean C-130s with Eight-Bladed NP2000 Propeller
Collins Aerospace [RTX] said on Oct. 24 that it has upgraded the first Chilean Air Force C-130 transport to the company eight-bladed NP2000 propelle. “The completion of this install marks […]
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Homeland SecurityIDSS Introduces Compact Checkpoint CT System
Security detection company Integrated Defense and Security Solutions (IDSS) has introduced a smaller version of its Detect 1000 checkpoint computed tomography (CT) scanner aimed at airports and other facilities with […]
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ArmyU.S. Army Tries Out Booz Allen Hamilton Modular Detachment Kit at Project Convergence
The U.S. Army has been trying out Booz Allen Hamilton‘s [BAH] Modular Detachment Kit (MDK) in the Project Convergence 2022 (PC 22) experiment in the western United States and the […]
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InternationalState Department Approves $450 Million SM-6 FMS Sale To Japan
The State Department approved a potential $450 million Foreign Military Sale (FMS)of 32 Standard Missile 6 (SM-6) Block I missiles and related equipment on Thursday. The Defense Security Cooperation Agency […]
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