The Naval Sea Systems Command (NAVSEA) awarded BAE Systems a $146 million contract to conduct fiscal year (FY) 2018 modernization and maintenance on the Ticonderoga-class cruiser USS Gettysburg (CG-64).The work is being done during a long-term modernization period availability that combines ...
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NAVAL AIR STATION PATUXENT RIVER, Md.--Nearing the end of production for the most-advanced H-1 utility and attack helicopters, the U.S. Marine Corps is planning for how it will efficiently maintain and effectively upgrade the aircraft for the next 30 years of service.Now the service is focused on ...
Swedish officials on Friday formally announced they agreed to buy the Raytheon [RTN] Patriot air and missile defense system from the U.S. Army in a signed Letter of Offer and Acceptance.This agreement comes on the heels of an announcement last week by the Swedish Defense Ministry that the ...
Death by Many Cuts. America is suffering from a “slow bleed” when it comes to cyber attacks and intrusions against its industry and government computer networks, according to Ron Ross, a fellow at the National Institute of Standards and Technology. Ross, speaking at a Meritalk cyber security ...
The Japanese Ministry of Defense said on July 30 it selected Lockheed Martin [LMT] to provide its Long Range Discrimination Radar (LRDR) for the country’s two future Aegis Ashore missile defense sites.The Japanese government disclosed its plans to boost missile defense, including adding two ...
OMAHA, Neb. — The head of U.S. Strategic command here dismissed Russian worries about two U.S.-designed missile defense systems headed to Japan as “political messaging,” insisting that the weapon is only for defense.“I find it pretty interesting, that Russia would be concerned about Aegis ...
The Japanese Ministry of Defense said on Monday it selected Lockheed Martin [LMT] to provide its Long Range Discrimination Radar (LRDR) for the country’s two future Aegis Ashore missile defense sites.The Japanese government disclosed its plans to boost missile defense, including adding two ...
RIDLEY PARK, Pa. — Flush with a $4 billion multiyear deal for at least 58 V-22 Ospreys, Boeing [BA] is investing $100 million in a brand-new production line to crank out the tiltrotor fuselages beginning next year.Boeing and its 50/50 partner on the V-22 Bell [TXT], on June 29 took home a $4.2 ...
The newest Patriot missile type reached a new distance record during an intercept test on Thursday, missile builder Lockheed Martin [LMT] said in a statement.A Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) intercepted an air-breathing threat (ABT) target during a test at ...
Lockheed Martin [LMT] on Tuesday reported strong second quarter financial results driven by higher sales, lower taxes, a pension benefit and improved operating performance.Net income increased 26 percent to $1.2 billion, $4.05 earnings per share (EPS), from $955 million ($3.28 EPS) a year ago, ...