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Market Sectors :: Navy/USMC
Displaying 1 - 20 of 317 stories.
July 25, 2008
By Emelie Rutherford The Navy will have a new acquisition chief soon, because the Senate on Wednesday approved the nomination of congressional staffer Sean Stackley to the post. Stackley will assume his new duties as assistant secretary of the Navy for...http://defensedaily.com/sectors/navy_usmc/3421.html 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/navy_usmc/3422.html July 25, 2008
By Calvin Biesecker Raytheon [RTN] yesterday reported strong second quarter financial results driven by strong earnings at its missiles, and mission and training support businesses coupled with improved operating performance, lower pension expenses and growth...http://defensedaily.com/sectors/navy_usmc/3425.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/navy_usmc/3427.html July 24, 2008
By Calvin Biesecker Streaking along so far this year, General Dynamics [GD] yesterday reported strong second quarter financials driven by higher earnings, sales and margins at each of its operating segments. The strong results, coupled with an equally...http://defensedaily.com/sectors/navy_usmc/3408.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/navy_usmc/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/navy_usmc/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/navy_usmc/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/navy_usmc/3378.html July 21, 2008
By Emelie Rutherford Congressional staffer Sean Stackley may be cleared to become the Navy acquisition chief in the near future, because Sen. Jim Webb (D-Va.) is expected to lift a hold he placed on the nominations of civilian Defense Department nominations...http://defensedaily.com/sectors/navy_usmc/3354.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/navy_usmc/3356.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/navy_usmc/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/navy_usmc/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/navy_usmc/3328.html July 17, 2008
By Emelie Rutherford As questions swirl on Capitol Hill about whether the Navy will halt its nascent DDG-1000 destroyer program and build more of the older and cheaper DDG-51s, an outspoken DDG- 1000 backer in the Senate said she is concerned about jobs...http://defensedaily.com/sectors/navy_usmc/3333.html July 15, 2008
By Geoff Fein Over the course of the next month, the Navy will issue an unrestricted competitive solicitation for Systems Design Part 1 (SD1), with an option for SD2, for the Mobile Landing Platform (MLP), a key component of the service's sea basing concept...http://defensedaily.com/sectors/navy_usmc/3289.html July 15, 2008
By Geoff Fein Later this summer, the Office of Naval Research (ONR) is planning on conducting a demonstration of a cargo transfer operation between multiple vessels, using a government designed scale model of the T-Craft (Transformable-Craft), a proposed sea...http://defensedaily.com/sectors/navy_usmc/3294.html July 14, 2008
By Geoff Fein The Navy last week disbanded the office of Deputy Assistant Secretary of the Navy for Integrated Warfare Systems (DASN IWS) and created a new executive director position that will fall under DASN Ships. Personnel formerly under DASN IWS, will...http://defensedaily.com/sectors/navy_usmc/3282.html July 14, 2008
By Emelie Rutherford Saying there is movement within the Navy to halt the DDG-1000 destroyer program and continue building DDG-51s, a shipbuilding panel chairman has called Navy officials to Capitol Hill for a hearing to air both sides of the procurement...http://defensedaily.com/sectors/navy_usmc/3286.html July 11, 2008
DRS Technologies [DRS] has successfully completed full-power testing, as required by the Navy, of its power-dense Permanent Magnet Motor (PMM) and drive at the Navy's Integrated Power System (IPS) Land-Based Test Site (LBTS) in Philadelphia, Pa., the company...http://defensedaily.com/sectors/navy_usmc/3277.html
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