Henley-Putnam University

Currently browsing entries tagged missile systems

Congress states the obvious

In response to this GAO report a while back Congress had some hearings to bash DoD acquisition programs. The article is here. The title is a little unfair in that “wastes” is a strong word. Few programs are terminated or canceled outright and those that do usually have some technology spill over. [...]

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Raytheon gains on missiles

Raytheon posted a solid quarter with profits rising 15%. See the press release here. Much of this was due to the work on PATRIOT and other missile systems, including significant foreign orders. This means that the first two large defense contractors to report, Boeing and Raytheon, have done very well recently. [...]

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