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Market Sectors :: Business
Displaying 1 - 20 of 678 stories.
July 25, 2008
By Geoff Fein A overlooked point in the debate whether to end the DDG-1000 program is that the ship is the most capable vessel and most successful shipbuilding program the Navy has ever had, according to a top industry official on the contractor team...http://defensedaily.com/sectors/business/3422.html July 25, 2008
Navy To Buy Eight DDG-51s As It Cancels Further Zumwalt Buys
By Geoff Fein The Navy yesterday acknowledged that it would seek to buy eight DDG-51s and cease any further acquisition of DDG-1000 beyond the two already planned. "The Department of the Navy has submitted the FY '10 POM (program objective memorandum)... http://defensedaily.com/sectors/business/3427.html July 23, 2008
By Calvin Biesecker Boeing [BA] yesterday said it has agreed to acquire Insitu, Inc., a small firm that developed and built the ScanEagle unmanned air system and with which it has teamed for the past six years, in an effort to secure a stronger position in...http://defensedaily.com/sectors/business/3396.html July 23, 2008
By Geoff Fein Following a high-level meeting yesterday with top DoD leaders, the Navy is poised to notify Congress of its intention to build only two DDG-1000s and restart the DDG-51 production line, according to sources. For some time...http://defensedaily.com/sectors/business/3404.html July 22, 2008
By Geoff Fein Raytheon [RTN] has developed a way to offer its active electronically scanned array (AESA) to legacy aircraft such as F-18 Hornets and F-16s with minimal intrusion into the aircraft, a company official said. The Raytheon Advanced Combat Radar...http://defensedaily.com/sectors/business/3375.html July 22, 2008
By Geoff Fein General Dynamics' [GD] Bath Iron Work (BIW) ultra hall may be one of the most significant capital reinvestments in the nation's shipbuilding industry in the last few years, according to a top Navy official. "It reflects a lot of the lessons...http://defensedaily.com/sectors/business/3378.html July 21, 2008
By Geoff Fein Months after establishing an initiative that would apply to Major Defense Acquisition Program programs, Acquisition Category I programs, all pre-Major Automated Information System programs, and selected ACAT II programs, Navy Secretary Donald...http://defensedaily.com/sectors/business/3356.html July 21, 2008
NASA isn't planning to award future contracts to the Japanese Space Agency (JAXA) or to the European Space Agency (ESA) to provide cargo transport to the International Space Station, NASA announced today. Rather, the U.S. space agency still wishes to obtain...http://defensedaily.com/sectors/business/3359.html July 21, 2008
Boeing 747 Does Well In ABL Work; MDA Not Seeking Different Plane Some friendly nations have shown interest in acquiring the U.S. Airborne Laser (ABL) system to defend themselves from incoming enemy missiles, according to Lt. Gen. Henry "Trey"...http://defensedaily.com/sectors/business/3366.html July 21, 2008
Sea Launch Boosts EchoStar XI Satellite To Orbit Sea Launch, the mobile seagoing launch platform, saw a Zenit-3SL rocket blast off to deliver the EchoStar XI broadcast satellite into orbit, the company said. The bird will broadcast for DISH Network. After...http://defensedaily.com/sectors/business/3369.html July 21, 2008
The Boeing Co. [BA] completed preliminary design of a rugged beam control system for the Army High Energy Laser Technology Demonstrator (HEL TD) program, a truck-mounted asset that counters rocket, artillery and mortar...http://defensedaily.com/sectors/business/3370.html July 21, 2008
ATK, Lockheed, Northrop Join To Pursue Multi-Role Weapons Contracts Alliant Techsystems Inc. [ATK], Lockheed Martin Corp. [LMT] and Northrop Grumman Corp. [NOC] announced they signed a teaming agreement to jointly pursue the emerging market for advanced...http://defensedaily.com/sectors/business/3371.html July 21, 2008
The Phoenix Mars Lander is performing well, with its solar arrays generating more electricity than expected so that Phoenix hours of operation each day can be extended, Lockheed Martin Corp. [LMT] announced. The amount of power Phoenix solar arrays produce...http://defensedaily.com/sectors/business/3374.html July 18, 2008
By Emelie Rutherford The Pentagon yesterday placed $612 million worth of orders with General Dynamics [DG] and BAE Systems for 813 Mine Resistant Ambush Protected vehicles (MRAPS), according to a contract announcement. Because the Pentagon recently shifted...http://defensedaily.com/sectors/business/3345.html July 17, 2008
By Geoff Fein While the Littoral Combat Ship (LCS) has garnered much of the attention of lawmakers and defense analysts since cost overruns have plagued the program, the chief component of the ship, the three different mission packages, remain on schedule, as...http://defensedaily.com/sectors/business/3327.html July 17, 2008
Israel is seeking to buy four Lockheed Martin [LMT] or General Dynamics [GD] Littoral Combat Ships (LCS) for $1.9 billion, the Defense Security Cooperation Agency (DSCA) said yesterday. Each ship will be equipped with two MK-41 Vertical Launch Systems, eight...http://defensedaily.com/sectors/business/3328.html July 17, 2008
SI International [SINT] yesterday said that it has agreed to acquire veteran-owned Arrowpoint Corp., which provides information technology and professional services primarily to the Defense Department, for $16 million in cash plus the potential for another $9...http://defensedaily.com/sectors/business/3331.html July 16, 2008
Australia is seeking to spend $700 million for the Aegis combat system and associated equipment and services, the Defense Security Cooperation Agency (DSCA) reported. Australia has requested a possible sale of the Aegis Combat System and select combat system...http://defensedaily.com/sectors/business/3317.html July 16, 2008
Finland is looking to spend upward of $435 million for 300 AIM-120C-7 Advanced Medium Range Air-to-Air Missiles (AMRAAM), and associated equipment and services, the Defense Security Cooperation Agency (DSCA) reported. In addition...http://defensedaily.com/sectors/business/3318.html July 16, 2008
Singapore is looking to spend upward of $962 million for Major Defense Equipment, including Advanced Medium Range Air-to-Air Missiles (AMRAAM), Joint Standoff Weapons (JSOW), and AIM-9X Sidewinder, as well as associated equipment and services, according to...http://defensedaily.com/sectors/business/3319.html
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