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Archives :: Market Sectors :: Business
Displaying 1 - 20 of 638 stories.
July 3, 2008
By Geoff Fein Banking on their experience and success with the Long Range Land Attack Projectile (LRLAP) and the Advanced Gun System (AGS), BAE Systems and Lockheed Martin [LMT] are partnering to develop a 5-inch precision-guided Extended Range Munition (ERM)...http://www.ddn.com/sectors/business/3197.html July 3, 2008
SRA International [SRX] yesterday said it has acquired Interface & Control Systems, Inc., (ICS), a small provider of consulting services and software products to the defense and civil space markets, in a deal that expands its foothold in the space sector...http://www.ddn.com/sectors/business/3198.html July 2, 2008
Navistar Defense LLC [NAV] yesterday said it has received six more delivery orders for severe service vehicles. The orders, awarded by Army TACOM Life Cycle Management Command, combined with two previous delivery orders placed on Sept. 28, are collectively...http://www.ddn.com/sectors/business/3180.html July 2, 2008
Boeing [BA] last month installed two CFM56-7B engines on the Navy's first P-8A Poseidon, closely following the aircraft's wing-to-body join and "power on" milestones, according to Boeing. Following final functional...http://www.ddn.com/sectors/business/3181.html July 2, 2008
The Robotics Technology Consortium Inc. (RTC) yesterday announced its launch with over 70 initial organizations. The consortium was established to meet a need identified by the Office of the Secretary of Defense Joint Ground Robotics Enterprise (OSD/JGRE) and...http://www.ddn.com/sectors/business/3182.html July 2, 2008
Northrop Grumman [NOC] has received a 56-month contract from Lockheed Martin [LMT] worth up to $240 million to provide critical technologies for the Airborne and Maritime/Fixed Station (AMF) Joint Tactical Radio System (JTRS). An initial $186.7 million...http://www.ddn.com/sectors/business/3183.html July 2, 2008
By Geoff Fein The Navy's next-generation cruiser, CG(X), must be built as a mod repeat, its subsystems should be flexible and the ship and the combat systems should be developed as an integrated effort, a former Northrop Grumman [NOC] official said. Speaking...http://www.ddn.com/sectors/business/3185.html July 1, 2008
By Calvin Biesecker Determined to secure the stronghold on the nation's driver's license credentialing market, L-1 Identity Solutions [ID] yesterday boosted its offering price for Digimarc Corp. [DMRC] by nearly $50 million to $310 million, trumping SAFRAN's...http://www.ddn.com/sectors/business/3176.html June 30, 2008
By Calvin Biesecker A federal appeals court last week overturned a March 2007 district court judgment that had awarded $129 million in damages to OSI Systems [OSIS] in that company's lawsuit against L-3 Communications [LLL] on claims of fraud and breach of...http://www.ddn.com/sectors/business/3151.html June 30, 2008
United Kingdom-based BAE Systems last Friday named Ian King to be its next Chief Executive beginning Sept. 1 following the planned retirement of Mike Turner. King, who is currently BAE's chief operating officer (COO) for its U.K. and Rest of World businesses...http://www.ddn.com/sectors/business/3152.html June 30, 2008
If Seven Planes Cost $7 Billion, That Is 9 Percent Of 9/11 Damage In New York City Alone; $50,000-70,000 Per Missile Hit By ABL A Fraction Of Interceptor Cost Will Israel Be Interested In Purchasing ABL? The Airborne Laser (ABL) ballistic missile defense...http://www.ddn.com/sectors/business/3157.html June 30, 2008
Measure Reaffirms Vision Of Manned Exploration Of Moon, Mars; Study Ordered On Extending Shuttle Flights From 2010 To 2015; Added Shuttle Mission Provided For Flying AMS To Space Station Commercial Spacecraft Competition Seen By 2011; Deals With At Least Two...http://www.ddn.com/sectors/business/3158.html June 30, 2008
Lunar Craft Undergoes Checkout Prior To Mission A NASA spacecraft that will hit the moon has entered its final checkout phase, the space agency announced. The Lunar Crater Observation and Sensing Satellite, known as LCROSS, will take a significant step...http://www.ddn.com/sectors/business/3163.html June 30, 2008
L-3 Communications Gains $49 Million For Astronaut Training L-3 Communications [LLL] received a five-year, $49 million cost plus fixed fee contract from Johnson Space...http://www.ddn.com/sectors/business/3164.html June 30, 2008
Raytheon Co. [RTN] completed a key satellite payload trade study with Northrop Grumman Corp. [NOC], the prime contractor for the Space Tracking and Surveillance System (STSS), Raytheon announced. Results of the study may be used to enhance mission performance of...http://www.ddn.com/sectors/business/3165.html June 30, 2008
The first Advanced Extremely High Frequency (AEHF) satellite is in thermal vacuum testing, Lockheed Martin Corp. [LMT] announced today. The military communications satellite is in tests at the Lockheed facilities in Sunnyvale, Calif. The Air Force AEHF system...http://www.ddn.com/sectors/business/3169.html June 26, 2008
By Geoff Fein For the Navy to have a successful CG(X) program the service must be able to state the compelling operational need for the ship, leverage existing and mature new applied technologies, and have the support of the nation, according to a Lockheed...http://www.ddn.com/sectors/business/3131.html June 24, 2008
By Calvin Biesecker France's SAFRAN yesterday said it has made an unsolicited offer to acquire Digimarc Corp. [DMRC], the leader in the United States drivers' license credentialing market for $300 million in cash, which trumps the value of an existing $263...http://www.ddn.com/sectors/business/3079.html June 24, 2008
By Geoff Fein The Navy's effort to develop an aircraft carrier based unmanned combat aircraft system (UCAS) is absolutely critical to the service, but the Navy must demonstrate that the system can be safely integrated onto a ship and it must have the support...http://www.ddn.com/sectors/business/3083.html June 23, 2008
Cost Of NPOESS, Once Seen At $6.5 Billion, Now Is $13.6 Billion, Headed For $14 Billion The National Polar-Orbiting Operational Environmental Satellite System (NPOESS) that once was estimated to cost $6.5 billion, and more recently was pegged at $12.5...http://www.ddn.com/sectors/business/3063.html
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