highlights
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Business/Financial
Raytheon Delivers Strong Third Quarter Results; Raises Guidance For Sales, Earnings
Raytheon [RTN] on Thursday reported strong third quarter financial results driven by higher sales across its defense segments and improved operating performance and the company increased its outlook for the […]
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Business/Financial
Raytheon Pegs LTAMDS Franchise At $20 Billion Or More
Raytheon’s [RTN] win last week of the next-generation radar to replace the existing radar on the Patriot air and missile defense system is worth at least $20 billion over the […]
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International
State Department Approves $150 Million Sale Of Reburbished FFG-49 To Bahrain
The State Department approved a potential $150 million Foreign Military Sale (FMS) to refurbish the Oliver Hazard Perry-class frigate ex-Robert G. Bradley (FFG-49) for Bahrain. The Defense Security Cooperation Agency […]
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Business/Financial
737 MAX Woes Weigh Down Boeing In Third Quarter; Defense Turns A Profit
Boeing [BA] on Wednesday reported big drops in sales and earnings in its third quarter as it continues to struggle with the grounding of its 737 MAX passenger plane, which […]
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International
Oshkosh Receives $159 Million Deal To Deliver FMTV Trucks To Israel
Oshkosh Defense [OSK] has received a new deal, worth potentially $159 million, to deliver nearly 600 Family of Medium Tactical Vehicle trucks to Israel, the company said Tuesday. An initial […]
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Business/Financial
GD Reports Strong Third Quarter Results On Broad Strength
General Dynamics [GD] on Wednesday reported strong third quarter financial results with contributions coming from across its business segments. Net income increased 7 percent to $913 million, $3.14 earnings per […]
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Congress
House’s New Future Of Defense Task Force To Release Report Following Six-Month Tenure
The House’s new bipartisan Future of Defense task force will release a report following its six-month tenure that will likely include recommendations on ways the Pentagon can more effectively innovate […]
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Space
Blue Origin Taps Northrop Grumman, Lockheed Martin, Draper for NASA Human Landing System
Blue Origin has signed teaming agreements with multiple major defense contractors for its offering for a new Human Landing System under NASA’s Artemis program to bring U.S. astronauts back to […]
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Army
Raytheon Selected For Army’s LTAMDS Program To Deliver New Patriot Radar
The Army has selected Raytheon [RTN] to deliver the next-generation Lower Tier Air and Missile Defense Sensor to replace the Patriot defense system’s current radar, the company said on Thursday. […]
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Army
Army Wants Funding Increase for FLRAA, as Service Seeks Common Avionics Interfaces
The Army wants $75 million in Fiscal 2020 for risk reduction on the Future Long-Range Assault Aircraft (FLRAA)–nearly $43 million more than its budget request–as the service seeks common electrical, […]