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Missile DefenseMDA Pushed Back LRDR Initial Fielding Again
The Missile Defense Agency (MDA) plans to begin initial fielding of a new Alaska-based missile defense radar in December 2021, a delay of three more months over previous delays due […]
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SpaceDevelopment of Sensors to Track Hypersonic Missiles Key, Hyten Says
The development of U.S. and allied sensors to detect and track hypersonic missiles is key to deterring their use and to destroying them via directed energy systems, Vice Chairman of […]
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Business/FinancialBoeing’s Losses Narrow In Third Quarter; Takes Starliner Charge
Boeing [BA] on Tuesday reported higher sales and lower losses in the third quarter due to increased commercial aircraft deliveries and commercial services work. Boeing’s defense segment posted weak results […]
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PentagonTexas, Arizona, and Maryland Top Three in State Defense Funding Increases in Fiscal 2020
The states with the highest Pentagon spending increases in fiscal 2020 were Texas, Arizona and Maryland and contracts for the Lockheed Martin [LMT] F-35 and Raytheon [RTX] missiles were significant […]
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Business/FinancialGD Posts Solid Third Quarter; Supply Chain Issues Dampen Sales Outlook
General Dynamics [GD] on Wednesday reported solid financial results in its third quarter with low single digit top and bottom-line growth and strong free cash flow. Net income rose 3 […]
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ArmyGeneral Dynamics And Epirus Team Up To Add Counter-Swarm Capabilities To Strykers
General Dynamics’ Land Systems [GD] (GDLS) and Epirus announced on Monday they agreed to team up to integrate a directed energy system onto the Army’s Stryker for more Short Range […]
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Business/FinancialLockheed Martin’s Sales Dip In Third Quarter, Sees Further Drop In 2022; Aerojet Deal Delayed
Lockheed Martin [LMT] on Tuesday reported lower sales in its third quarter and reduced its outlook for revenue for 2021 with further declines expected in 2022 before rebounding to growth […]
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Air ForceU.S. Air Force Conducts Hypersonic Sled Test Recoveries, As Service Looks to Future Test and Evaluation
The Air Force’s 846th Test Squadron at Holloman AFB, N.M., has conducted two recovery tests of hypersonic sleds traveling at about Mach 5, the Air Force Materiel Command (AFMC) said […]
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Business/FinancialCommercial Aerospace, Defense Power Raytheon Technologies In Third Quarter
Raytheon Technologies [RTX] on Tuesday posted higher sales and net income in the third quarter driven by a rebound in the aftermarket business for commercial aircraft and strong results in […]
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Missile DefenseMDA Seeks Information For New C2BMC Planner
The Missile Defense Agency is conducting market research to improve and modernize the Command and Control, Battle Management, and Communications (C2BMC) Planner, which allows users to use missile defense system […]
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