January 31, 2008 @ 10:02 pm
· Filed under Syndicated Industry News
January 31, 2008 @ 10:02 pm
· Filed under Syndicated Industry News
January 31, 2008 @ 10:02 pm
· Filed under Syndicated Industry News
January 31, 2008 @ 10:02 pm
· Filed under Syndicated Industry News
January 31, 2008 @ 10:02 pm
· Filed under Syndicated Industry News
January 31, 2008 @ 5:41 pm
· Filed under Earnings, Raytheon
Raytheon reported increased sales for 2007 with a solid fourth quarter. Sales were $6 B for the year. Profit in the fourth quarter surged 84% to almost $1.50 a share. See Bloomberg.com for more information. The company also raised its 2008 forecasts by a minimum of $300 M.
January 31, 2008 @ 5:36 pm
· Filed under Norway, Siemens, crime
In a switch three Norwegian naval officers were cleared of taking kickbacks from Siemens related to contract awards. The three had gone on a golf outing to Spain, I guess all senior sailors are alike no matter what the country, that Siemens paid for. They were exonerated of not knowing who paid for it. Siemens did win some contracts from the Norwegian government at the time. See this article for more.
January 31, 2008 @ 5:33 pm
· Filed under Contract Awards, India, Russia, crime
In the continuing saga that is Indian defense contracting comes word that the former head of the Navy, Admiral S M Nanda is being investigated for kickbacks as part of the deal to buy the former Russian aircraft carrier, Admiral Gorshkov. See The Times of India article for further sordid details. It turns out that the admiral’s son was acting as a broker for various deals including this one.
January 31, 2008 @ 5:30 pm
· Filed under Boeing, Canada, production program
Under Canadian law Boeing will invest some $150 M Canadian in various companies as part of an offset for being awarded the contract for 4 C-17 aircraft. See the story here in The Star Phoenix. The law requires Boeing to invest 100% of the contract value in Canada.
Tagged with: C-17
January 31, 2008 @ 5:26 pm
· Filed under Austal, Australia, Contract Awards, U.S. Navy, development program
According to this press release, Austal was awarded a $3.3 M Australian contract to do design and development for the US military under the Joint High Speed Vessel (JHSV) program. There may also be work related to the Littoral Combat Ship (LCS) as well.
Tagged with: JHLV, LCS
January 31, 2008 @ 4:07 pm
· Filed under Industry Analysis, Syndicated Industry News
Every fundamental mistake that was made in the disastrous Future Intelligence Architecture program is now being repeated in the Future Combat Systems projects -- the main difference being the FCS will cost at least 50 times as much.
January 31, 2008 @ 2:39 pm
· Filed under Industry Analysis, Syndicated Industry News
Documents detail $3 million, invitation-only simulation in February 2006 plausible attacks over five days.
January 31, 2008 @ 1:01 pm
· Filed under Contract Awards, Syndicated Industry News
Contracts valued at $5 million or more are announced each business day at 5 p.m.
January 31, 2008 @ 11:11 am
· Filed under Industry Analysis, Syndicated Industry News
Pentagon says it is putting together a specialized team to respond to catastrophic events.
January 31, 2008 @ 9:50 am
· Filed under Industry Analysis, Military Aviation, Syndicated Industry News
Northrop Grumman Systems Corp. Integrated Systems Air Combat Systems of San Diego, Calif., is being awarded a contract for $12,250,000.
This effort ...
January 31, 2008 @ 9:47 am
· Filed under Industry Analysis, Military Aviation, Syndicated Industry News
KIRKUK, Iraq, Jan. 31, 2008 – They are known as the "commander's eyes on the battlefield." Coalition forces have used them to find roadside bomb...
January 31, 2008 @ 9:41 am
· Filed under Industry Analysis, Military Aviation, Syndicated Industry News
NAVAL AIR STATION FORT WORTH, Texas -- An Edwards pilot became the first Air Force and government test pilot to fly the F-35 Lightning II during a tes...
January 31, 2008 @ 9:37 am
· Filed under Industry Analysis, Military Aviation, Syndicated Industry News
ROLLING MEADOWS, Ill., Jan. 31, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has received a contract to deliver LITENING Advanced ...
January 31, 2008 @ 9:31 am
· Filed under Industry Analysis, Military Aviation, Syndicated Industry News
More than halfway through its 12-year development phase, with most engineering work complete, the Lockheed Martin (NYSE: LMT) F-35 Lightning II progra...
January 31, 2008 @ 9:28 am
· Filed under Industry Analysis, Military Aviation, Syndicated Industry News
Hallbergmoos - Following signature of the Aircrew Synthetic Training Aids (ASTA) Supplement 5 agreement between Eurofighter GmbH and NETMA on 13 Decem...
January 31, 2008 @ 7:32 am
· Filed under Industry Analysis, Syndicated Industry News
If the Kremlin's new military doctrine endorses the General Staff's nuclear ideas, Russia will have new armed forces, with all the ensuing consequences.
January 31, 2008 @ 5:51 am
· Filed under Industry Analysis, Syndicated Industry News
TSA Administrator says one goal is to explain why travelers must go through certain steps at checkpoints.
January 30, 2008 @ 4:59 pm
· Filed under Ireland, Norsat, logistics
In the rather confusing world of United Nations peacekeeping operations, Ireland plans to deploy troops to Chad. As part of their support Norland was awarded a $1.6 M contract to provide satellite communications for these troops. See the press release here. This is probably a decent chunk of the Irish defense budget going to support this deployment. There was no description of how the troops were going to get there, but NATO has some lift ability.
January 30, 2008 @ 4:56 pm
· Filed under Contract Awards, Czech Republic, General Dynamics, Seyr Daimler Puch, production program
The new Czech government had cancelled a contract with Austrian based Steyr Daimler Puch for armored vehicles due to the General Dynamics subsidiary’s problems with schedule and performance. The government has now decided to allow more negotiations on this contract. See CNNMoney.com for more information here.
January 30, 2008 @ 4:52 pm
· Filed under Boeing, Contract Awards, McDonnell Douglas, U.S. Navy, development program
The US Navy awarded Boeing component McDonnell Douglas a $74 M contract for anti-ship missile Harpoon III development. See Forbes here for more information. The Harpoon is one of only two successful anti-ship systems developed in the west. The other being the French designed and produced Exocet. For more on the Harpoon system see this at Wikipedia.
Tagged with: Harpoon