Defense Daily articles from August 2003

Defense Daily archives from August 2003

Missile Defense Agency's Space-Based Boost Phase Program Put On Hold.
August 1, 2003... By Kerry Gildea The Missile Defense Agency (MDA) has decided to temporarily suspend plans to move forward with a space-based variant of kinetic energy boost phase intercept (KE BPI) capability, industry officials said. While plans are...

Wynne Clears $10 Billion WIN-T Program To Enter SDD Phase.(Brief Article)
August 1, 2003... Acting Pentagon acquisition chief Michael Wynne and the Defense Acquisition Board (DAB) decided on Wednesday to approve entry of the Army's $10 billion Warfighter Information Network-Tactical (WIN-T) program into the system development and...

Report: China Is Pursuing Advanced Weapons; Taiwan Remains Main Priority.
August 1, 2003... A new Pentagon report to Congress on China's military power cites that country's interest in advanced weapons programs in both the near- and long-term, and also asserts that a potential conflict in the Taiwan Strait drives its military...

Hamilton Sundstrand's Ratier-Figeac Group Wins A400M Propeller Deal Over Smith.(Brief Article)
August 1, 2003... The French-based Ratier-Figeac operation of Hamilton Sundstrand [UTX] said yesterday it beat a bid from Britain's Smiths Aerospace for a contract worth potentially $380 million to produce propellers for the A400M military transport produced by...

Navy, Industry Team For DD(X) Pass SRR Milestone On Time Despite Early Protest.
August 1, 2003... By Lorenzo Cortes The Navy and the industry team led by Northrop Grumman [NOC] and Raytheon [RTN] last week completed the System Requirement Review (SRR) for the DD(X) future surface combatant program, wrapping up on time despite an early...

United Defense Completes Final Assembly of NLOS Cannon Demonstrator.(Non Line-of-Sight Cannon )
August 1, 2003... United Defense [UDI] on Tuesday said it has completed final assembly of its Non Line-of-Sight Cannon (NLOS-C) demonstrator as a part of the Army's Future Combat Systems (FCS) program, with testing scheduled to begin next month at the Yuma...

Air Force Plans LITENING Integration On Multiple Aircraft Types.(Brief Article)
August 1, 2003... The Air Force intends to award a contract to Northrop Grumman [NOC] that could be worth $48 million to continue integration of its LITENING family of targeting and navigation pods on multiple aircraft, according to a July 25 solicitation in...

Rolls-Royce Unveils Fast Naval Sea-Lift Vessel Concept.(Brief Article)
August 1, 2003... Britain's Rolls-Royce launched designs for a potential naval logistics ship on July 29, the Fast Naval Sea-Lift Vessel (FNSLV) that could be used for rapid-response forces. "This project is another example of our ability to transfer...

Tadiran Spectralink Introduces Lightweight Datalinks For Small UAVs.
August 1, 2003... By B.C. Kessner BALTIMORE--Israel's Tadiran Spectralink recently introduced its compact StarLink and Tactical Video Link II (TVL II) datalink systems as breakthrough technologies designed to enhance gathering of tactical battlefield...

Defense Watch.(defense industry news briefs)
August 4, 2003... The Latest Word on Trends and Developments in Aerospace and Defense O' Virginia! USS Virginia (SSN-774), the first of the Navy's class of next generation submarines, was expected to be moved out of its work shed in Groton, Conn., over the...

Riggs: FCS Should Remain A Single Program Element.(Lt. General John Riggs reports on Future Combat Systems)
August 4, 2003... By Neil Baumgardner The Army's Future Combat Systems (FCS) program should remain a single program element (PE) as called for in the Army's FY '04 budget request, despite congressional calls for FCS to be broken up into separate PEs, in...

Boeing Wants U.S. District Court To Throw Out Lockheed Martin's EELV Allegations.(Expendable Launch Vehicle )
August 4, 2003... Boeing [BA] has filed documents with the U.S. District Court in Orlando, Fla., in an attempt to dismiss nine counts in a civil suit brought by Lockheed Martin [LMT] with regards to improprieties that occurred with the Evolved Expendable Launch...

Lockheed Martin To Acquire ACS Federal IT Group, Sells Commercial IT Unit.(Brief Article)
August 4, 2003... Lockheed Martin [LMT] said last week it had entered into definitive agreements with ACS [ACS] to acquire the latter's federal government information technology (IT) business for about $658 million. Additionally, Lockheed Martin will sell...

Launch of DSCS III Delayed For Additional Launch Vehicle Insulation Tests.(Brief Article)
August 4, 2003... Boeing [BA] and the Air Force said Friday they would delay the launch of a Lockheed Martin [LMT] Defense Satellite Communications System (DSCS) satellite, DSCS III B6, aboard a Boeing Delta IV rocket from Cape Canaveral Air Force Station, Fla.,...

Northrop Grumman Rolls Out First Production Version of Global Hawk.(Brief Article)
August 4, 2003... Northrop Grumman [NOC] rolled out the first production version of its Global Hawk unmanned aerial vehicle (UAV) last week in a ceremony at the company's Antelope Valley Manufacturing Center in Palmdale, Calif. "Today's production weapon...

BAE SYSTEMS To Lead Industry Group For British Missile Defense Center.
August 4, 2003... By Kerry Gildea Britain's BAE SYSTEMS said Friday it will lead an industry group within Britain's Missile Defense Center (MDC), a joint British government and industry group formed to interface between the British Ministry of Defense and...

Lockheed Martin Wraps Up ITD For Its MMA Bid.(Integrated Technology Demonstration phase complete for Multimission Maritime Aircraft)(Brief Article)
August 4, 2003... Lockheed Martin [LMT] said last week it had completed the Integrated Technology Demonstration (ITD) phase for its proposal in the Navy's Multimission Maritime Aircraft (MMA) program, part of the larger Component Advanced Development (CAD) Phase...

Air Force Releases Draft RFP For B-2 TADIL-J Program.(Brief Article)
August 4, 2003... The Air Force last week issued a draft request for proposal (RFP) for the Tactical Data Link-J (TADIL-J) Beyond Line-of-Sight (BLOS) system for Northrop Grumman's [NOC] B-2 bomber. "The overall objective of the B-2 TADIL-J BLOS program is...

Army Looking To Deploy Viper Strike BAT Variant.
August 4, 2003... The Army wants Northrop Grumman [NOC] to modify 25 Brilliant Anti-armor (BAT) munitions to the Viper Strike configuration for deployment from the company's Hunter unmanned aerial vehicle (UAV) as part of a quick reaction capability (QRC),...

Riggs: Army Satisfied With FCS LSI Team, But Open To Expansion of LSI Team.(Lt. General John Riggs reports on Future Combat System progress)
August 5, 2003... By Neil Baumgardner Lt. Gen. John Riggs, the director of the Army's Objective Force Task Force, last week said he is satisfied with the current work of the Boeing [BA]-Science Applications International Corp. (SAIC) lead systems integrator...

Lockheed Martin Realigns Maritime Business Segment.
August 5, 2003... Lockheed Martin [LMT] yesterday announced the start of a two-year reorganization of its maritime business segment aimed at strengthening its oversight of key business areas and to better position it for long-term growth. The Maritime...

Delta IV Launch of DSCS III Remains On Hold.(Brief Article)
August 5, 2003... The Air Force and Boeing [BA] postponed launch of the Lockheed Martin [LMT] Defense Satellite Communications System spacecraft, DSCS III B6, aboard a Boeing Delta IV rocket from Cape Canaveral Air Force Station (CCAFS), Fla. Boeing said...

Curtiss-Wright Acquires Video Display Board Maker Peritek.(Brief Article)
August 5, 2003... Curtiss-Wright [CW] yesterday said it has acquired Peritek, a $3 million company that supplies video and graphic display boards for the embedded computing industry, for $3 million. "Acquiring Peritek is consistent with our desire to expand...

Lockheed Martin Team Awarded $3 Million For Air Force C2 Constellation Architecture.(Brief Article)
August 5, 2003... By Lorenzo Cortes Lockheed Martin [LMT] said yesterday a team it is leading was awarded a $3 million contract from the Air Force to collaboratively develop the architecture for the service's future C2 Constellation. "This architecture...

Alvis Vickers Picks Up $4.4 Million Wasp Order For South Africa.(Brief Article)
August 5, 2003... The Alvis OMC group of Britain's Alvis Vickers said yesterday it was awarded a $4.4 million contract from the Armscor acquisition division of the South African National Defense Force (SANDF) for 25 Wasp Rapid Deployment Reconnaissance Vehicles...

Northrop Grumman Teams With Sonoma Design For Night Hunter II.
August 5, 2003... Northrop Grumman [NOC] recently said it had signed a teaming agreement with Sonoma Design Group for the design and production of a the Night Hunter II electro-optic (EO) and infrared (IR) system for intelligence, surveillance, reconnaissance...

Raytheon Picks Up $105 Million Aegis Award From Navy For Multiple Customers.(Brief Article)
August 5, 2003... Raytheon [RTN] last week was awarded a $105 million contract modification from the Navy for technologies related to the Aegis weapon system managed by Lockheed Martin [LMT]. The award includes provisions for two Navy shipsets, three Korean...

Small IT Services Firm FCBS Broadens DoD Customer Base With Acquisition.(acquires AmerInd)
August 5, 2003... FCBS, a small information technology (IT) services company, last week said it has acquired AmerInd, an even smaller IT firm, in a deal that significantly expands its role with the Navy and adds the Defense Logistics Agency and National Guard...

Boeing Awarded $285 Million For F-15E Mission Training Centers.(Brief Article)
August 5, 2003... Boeing [BA] said yesterday it was awarded a $285 million contract by the Air Force to establish and operate four training centers for its F-15E fighterbomber. "This is a great victory for the Boeing training systems team," Keith...

Rockwell Collins Focuses GATM Efforts On KC-135R.(Global Air Traffic Management )(Brief Article)
August 5, 2003... By Lorenzo Cortes Rockwell Collins [COL] is focusing a significant portion of its Flight 2 integrated processing system technology to bring KC-135R tanker aircraft operated by the Air Force to Global Air Traffic Management (GATM) standard,...

Britain Considers $161 Million LIMAWS (R) Program For Light Forces.(Lightweight Mobile Artillery System)(Brief Article)
August 5, 2003... Britain's Ministry of Defence is considering a Lightweight Mobile Artillery System (Rocket) (LIMAWS (R)) program for its light forces, a program that could be worth $161 million. The MoD also said it was awarding an assessment contract to...

Defense Briefs.(Brief Article)
August 5, 2003... General Electric [GE] said recently that it has been awarded a $510 million performance-based logistics (PBL) contract for F404 engines. GE will repair and overhaul 36 components for F404-400/402 rotor and stator assemblies in addition to...

Keane Envisions Improved Force Packaging, Better Modularity For Army Units.(Army Vice Chief of Staff, General John Keane)
August 6, 2003... By Lorenzo Cortes One of the major lessons learned in the major combat operations phase of Operation Iraqi Freedom (OIF) earlier this year was the need for improved force packaging and modularity for Army forces, according to the service's...

OSD Official Singles Out Fast Sealift Key Component of Naval Vision.(Office of the Secretary of Defense )
August 6, 2003... By B.C. Kessner A senior Pentagon official yesterday said that fast sealift will be identified as a critical component of the Sea Basing capability pillar for the Navy's Sea Power 21 vision when the Office of the Secretary of Defense (OSD)...

IBM In Technology Deal With Raytheon; Pact Eases IBM's Path Into DoD Market.
August 6, 2003... Raytheon [RTN] and IBM [IBM] yesterday announced they have formed a strategic partnership for the design of semiconductors and defense-related systems for the aerospace and defense industry in a deal that helps return IBM to the defense system...

Navy Considers New Builds For UH-1Y; Cobras Would Still Be Remanufactured.
August 6, 2003... By Lorenzo Cortes The Navy is considering a plan that would involve new builds of Bell Helicopter Textron's [TXT] UH-1Y utility/transport helicopter instead of a remanufacturing program similar to the one planned for the AH-1Z attack...

Tetra Tech Acquires Weapons Testing Firm EMC.(Brief Article)
August 6, 2003... By Calvin Biesecker Engineering and consulting services company Tetra Tech [TTEK] yesterday said it has acquired a small defense services firm, Engineering Management Concepts (EMC), giving the company a new line of service in a rapidly...

AgustaWestland Awarded $10.5 Million Bowman Contract By GD For Apache Helicopters.(General Dynamics)(Brief Article)
August 6, 2003... The AgustaWestland joint venture between Britain's GKN and Italy's Finmeccanica said Monday it was awarded a contract by General Dynamics [GD] worth $10.5 million to provide ground-to-air data and mission planning connectivity for the British...

United Industrial Swings To Profit In Second Quarter.
August 6, 2003... United Industrial Corp. [UIC] last week reported its second consecutive profitable quarter, with profits in its defense business far outpacing losses from its discontinued operations and pension and legal expenses. The company's unmanned...

JFCOM To Conduct UAV Joint Experimentation Exercise.(Joint Forces Command to test drone aircraft)
August 6, 2003... By B.C. Kessner Joint Forces Command (JFCOM) said it will begin an exercise today that includes experimentation with its General Atomics Aeronautical Systems Predatorbased Joint Operational Test Bed System (JOTBS) designed for transforming...

ATK Moves Into Tailored Market With $15 Million Shredder Contract Award.(Alliant Techsystems)(Brief Article)
August 6, 2003... By Lorenzo Cortes Alliant Techsystems [ATK] believes it is entering a specific, tailored market for weapons with a $15 million contract award from the Air Force to develop the Shredder penetrator weapon to destroy weapons of mass...

Defense Briefs.(Brief Article)
August 6, 2003... Lockheed Martin [LMT] yesterday said its Maritime Systems & Sensors group in Syracuse, N.Y., was awarded a $413.5 million contract from the Navy to enter the systems development and demonstration (SDD) phase for the radar component of the E-2...

SRA International Posts Solid Fourth Quarter, Full-Year Results.
August 6, 2003... Buoyed by continued growth in the federal information technology market and strong gains in its operating margins, SRA International [SRX] late Monday reported strong fourth quarter and year-end financial results and said cash raised from a...

Rheinmetall Delivers Leopard 2 Engineer Vehicle To Swiss.(Brief Article)
August 6, 2003... Germany's Rheinmetall yesterday said that it had delivered its Armoured Engineering Vehicle 3 (AEV 3) it developed with Switzerland's RUAG to the Swiss Army for a two-month trial period The AEV 3 is based on the chassis of the Leopard 2...

BAE SYSTEMS Awarded $10.5 Million By Navy For AIMS Antenna Systems.(Brief Article)
August 6, 2003... Britain's BAE SYSTEMS said yesterday it was awarded a $10.5 million contract for 10 Air Traffic Control Radar Beacon System, Identification, Friend or Foe Mk XII System (AIMS) antenna groups for the Navy, South Korea and Japan. According...

DRS Reports Record First Quarter Sales, Income.
August 7, 2003... Paced by its acquisitions in the past year, DRS Technologies [DRS] late Tuesday reported solid first quarter financial results with organic revenues expected to rebound during the year despite being down 15 percent. Acquisitions of three...

Charges Lead To Second Quarter Loss At EDO; Revenues Jump On Acquisitions.
August 7, 2003... EDO [EDO] yesterday posted a small net loss in the second quarter mainly due to a charge related to the sale of real estate and said that for the first half of the year sales are up 47 percent solely from acquisitions. Despite the charge,...

Pentagon Official Calls For Increased Maritime Awareness.(Brief Article)
August 7, 2003... By B.C. Kessner A senior Office of the Secretary of Defense (OSD) official said Tuesday that the United States needs to raise its level of maritime awareness while increasing the range at which it can detect seaborne weapons of mass...

Allied Defense Group Sales Up On Foreign Ammo Sale.(Brief Article)
August 7, 2003... Allied Defense Group [ADG] yesterday reported strong sales growth in the quarter led by its Belgium ammunition making subsidiary, MECAR, and the expansion of its VSK Group's distribution network in Europe, which makes electronic security...

British Begin Bowman Network Conversion Training.(Brief Article)
August 7, 2003... AgustaWestland said Monday that the first 45 students from the British army's 1st Battalion, Royal Anglian Regiment had arrived on July 7 at the Bowman Training Centre (BTC) at Pirbright, England, for the initial conversion training to the...

Update on Missile Defense For Bush To Include GMD, Test Program Status.(Ground-based Midcourse system)
August 7, 2003... By Kerry Gildea Pentagon officials are slated to brief President Bush on the status of the ballistic missile defense program this month as the program proceeds rapidly toward the 2004-05 testbed deployment, according to industry and DoD...

Boeing Begins Conversion of Initial 767 To Tanker Standard For Italy.(Brief Article)
August 7, 2003... Boeing [BA] on Tuesday said it has begun modifying a 767 aircraft to tanker-transport configuration for the Italian air force at its development and modification center in Wichita, Kan. "This 767 will be configured to a full tanker...

Orbital Sciences Gets First Phase Development Contract For NASA's AIM Satellite.(Brief Article)
August 7, 2003... Orbital Sciences Corporation [ORB] said it received the initial phase of a $25 million contract to build a NASA-sponsored satellite to be launched in 2006 aboard Orbital's Pegasus XL rocket. The contract was awarded from a university team...

SOSTAR Partner Countries Approve Completion of Critical Design Review.
August 7, 2003... The partners in the European Standoff Surveillance Target Acquisition Radar (SOSTAR)--France, Germany, Italy, the Netherlands and Spain--recently approved the completion of the critical design review (CDR) for the SOSTAR-X demonstrator...

Defense Briefs.(Brief Article)
August 7, 2003... Lockheed Martin [LMT] yesterday announced a tender offer for cash of up to $1.15 billion for two of its outstanding debt issues as part of a debt reduction strategy. The offer is for all outstanding 7.25 percent notes due 2006 and 8.375 percent...

Lockheed Martin, GD and iRobot Picked For FCS UGV Contract Negotiations.
August 8, 2003... By B.C. Kessner The Army and its lead systems integrator (LSI) team of Boeing [BA] and Science Applications International Corp. (SAIC) yesterday said that Lockheed Martin [LMT], General Dynamics [GD] and iRobot were selected for unmanned...

Ammo, Composites, Acquisitions Fuel ATK's First Quarter Growth.(Alliant Techsystems)
August 8, 2003... Several acquisitions over the past year combined with mild organic growth spurred first quarter sales and earnings to increase at Alliant Techsystems [ATK], and the company's new precision weapons franchise continued to rack up achievements...

V-22 Made Unscheduled Landing at Quantico On Monday After Hydraulic Clamp Snafu.(Brief Article)
August 8, 2003... A V-22 tiltrotor aircraft produced by a Boeing [BA]-Bell Helicopter Textron [TXT] team made a previously unscheduled landing during a pilot training event at Marine Corps Base Quantico, Va., on Monday, apparently due to faulty installation of a...

Veridian's Shareholders Approve Sale To GD.(General Dynamics)(Brief Article)
August 8, 2003... Clearing the last remaining hurdle to a sale of their company, Veridian [VNX] stockholders yesterday approved the deal for General Dynamics [GD] to buy the company for $35 in cash per share, a transaction valued at $1.5 billion that broadens...

Lockheed Martin Sees Positive Growth In Naval Offerings Abroad Under MS2 Group.
August 8, 2003... By Lorenzo Cortes Lockheed Martin's [LMT] recent reorganization of its maritime and naval businesses within the new Maritime Systems and Sensors (MS2) division will enable it to make strides with product offerings in international markets...

Northrop Grumman Mission Systems, IT Sectors Switch Some Business Units.(Brief Article)
August 8, 2003... Northrop Grumman [NOC] yesterday said it is moving some business units between two of its sectors that have similar capabilities and customers, Information Technology (IT) and Mission Systems, to better leverage the core expertise within each....

Defense Brief.(Brief Article)
August 8, 2003... Cubic [CUB] earlier this week announced higher sales and net income for the third quarter on the strength of the company's growing defense business. Net income was up 46 percent to $28 million, $1.05 earnings per share (EPS), on $157.9 million...

Defense Watch.(Trends and Developments in Aerospace and Defense )
August 11, 2003... The Latest Word on Trends and Developments in Aerospace and Defense M&A Activity. Defense and aerospace mergers and acquisition (M&A) activity amounted to $9.5 billion in announced or completed deals in the first half of 2003 and is on...

ACC Requested 'START-Compliant Pylon' From Boeing For External Loads On B-1B.
August 11, 2003... By Lorenzo Cortes The Air Force is contemplating the addition of an external pylon mount for Boeing [BA] B-1B bombers that could accommodate a targeting/navigation pod that would still be compliant with START restrictions on external loads...

Orbital Booster Slated To Make First Flight This Week For GMD Program.(Ground-based Midcourse Defense (GMD) program )
August 11, 2003... By Kerry Gildea The Missile Defense Agency (MDA) on Friday plans to conduct a test of the Orbital Sciences Corp. [ORB] booster for the Ground-based Midcourse Defense (GMD) program from Vandenberg AFB, Calif., MDA officials reported last...

U.S., Northrop Grumman Close To Settling Fraud Charges.(Brief Article)
August 11, 2003... The government and Northrop Grumman [NOC] have reached a tentative agreement in a six-month old civil lawsuit filed by the Justice Department alleging that the defense contractor's Newport News Shipbuilding division illegally charged commercial...

MDA Putting Support Team In Place For Missile Defense Cooperation With Japan.(Missile Defense Agency )
August 11, 2003... By Kerry Gildea The Missile Defense Agency (MDA) is establishing integrated international support teams to work the details of increasing international cooperation on missile defense, with work now focused on getting a team in place for...

MEADS Demonstrates Track and Destroy Capabilities In Simulation Test.(Medium Extended Air Defense System )
August 11, 2003... The Medium Extended Air Defense System (MEADS) demonstrated its ability to acquire, classify, track and destroy simulated aircraft and missile targets in a demonstration at Lockheed Martin [LMT] facilities in Syracuse, N.Y., the company said...

LV100-5 Engine Approaches 100 Hours of Testing In Automotive Test Rig Phase.
August 11, 2003... By Lorenzo Cortes The LV100-5 turbine engine developed by Honeywell [HON] and General Electric [GE] for General Dynamics' [GD] M1A2 Abrams System Enhancement Program (SEP) tank has recently approached 100 hours of testing in the automotive...

Lockheed Martin's LOSAT Takes Down Moving Target.(Line-of-Sight Antitank (LOSAT) weapon system )(Brief Article)
August 11, 2003... Lockheed Martin [LMT] last week said that it had completed a test of its Line-of-Sight Antitank (LOSAT) weapon system against a moving target on Aug. 7 at White Sands Missile Range, N.M. "LOSAT was devastating in its test against a...

Sen. Dodd Wants Commerce Department Report On Impact of Offsets On U.S. Defense Base.(Brief Article)
August 11, 2003... Citing a recent Commerce Department report, which said offset agreements for U.S. companies receiving foreign defense contracts are increasingly above 100 percent of the contract value, Sen. Christopher Dodd (D-Conn.) wants a report from the...

United Defense Garners Potential $37.7 Million Destroyer Repair Contract.(Brief Article)
August 11, 2003... United Defense [UDI] on Friday said its Southwest Marine shipyard in San Diego received a $6.6 million cost-plus-award-fee contract for ship repair work on the USS Mustin (DDG -89) destroyer between January and March 2004. The contract...

BAE SYSTEMS' M777 Wraps Up Initial Firing Trials of Raytheon's Excalibur Round.(M777E1 155mm Lightweight Howitzer )(Brief Article)
August 11, 2003... Britain's BAE SYSTEMS said last week that its M777E1 155mm Lightweight Howitzer had completed the first firing trials of the XM982 Excalibur 155mm precision-guided artillery round at Yuma Proving Grounds, Ariz., on July 23. In December,...

Lockheed Martin Team Beats Thales Team For Britain's $200 Million Soothsayer.
August 12, 2003... A team led by Lockheed Martin [LMT] defeated a bid from a group led by France's Thales for Britain's Soothsayer electronic warfare (EW) requirement, a program estimated to worth over $200 million. "We are delighted the MoD has selected the...

Lockheed Martin Drawing From OIF Lessons For WIN-T SDD Phase.(Warfighter Information Network-Tactical (WIN-T) )
August 12, 2003... By Lorenzo Cortes Lockheed Martin [LMT] is drawing from lessons learned during Operation Iraqi Freedom (OIF) to apply to the systems development and demonstration (SDD) phase of the Army's planned $10 billion Warfighter Information...

Oerlikon Contraves Wins $24.5 Million UAV Contract For Canadian Army.
August 12, 2003... By B.C. Kessner Canada's National Defence Minister said last week that a $24.5 million contract was awarded to the Oerlikon Contraves subsidiary in Canada of Germany's Rheinmetall to provide Sperwer unmanned aerial vehicles (UAV) that will...

GD Completes $1.5 Billion Veridian Acquisition.(General Dynamics)(Brief Article)
August 12, 2003... General Dynamics [GD] yesterday completed its $1.5 billion acquisition of Veridian, significantly expanding the company's current position in the national security market for information services and technology. "We're glad to welcome...

IAI Reports Lowers Sales, Profits For First Half of 2003.(Israel Aircraft Industries)(Brief Article)
August 12, 2003... Israel Aircraft Industries (IAI) last week reported lower first half sales on profits due to the ongoing commercial aviation slump combined with lower Israeli defense spending. Sales in the first half were down 11 percent to $904 million...

Raytheon Signs Contract To Support Combat System Sale To Australia.
August 12, 2003... Australia's Department of Defence yesterday said it has signed a $35.6 million contract with Raytheon's [RTN] Australian subsidiary for the supply of hardware and software in support of the new CCS Mk 2 submarine control systems for the Royal...

Raytheon Awarded $121.8 Million For F/A-22 Integrated Processors.(Brief Article)
August 12, 2003... Raytheon [RTN] said last week it was awarded a $121.8 million contract from F/A-22 fighter prime contractor Lockheed Martin [LMT] to deliver the third and fourth lots of Common Integrated Processors (CIP) for the aircraft. "The award helps...

GD Selected For FCS Autonomous Navigation System Contract Worth $145 Million.(General Dynamics chosen for Future Combat Systems program)
August 12, 2003... General Dynamics [GD] selection last week for a contract to develop an autonomous navigation system (ANS) for the Army's Future Combat Systems (FCS) program is worth $145 million, the company said on Friday. "General Dynamics Robotic...

GAO Says JTRS Program Lacks Strong Management Framework.(Joint Tactical Radio System )
August 12, 2003... The General Accounting Office said that the Pentagon's Joint Tactical Radio System (JTRS) program, while making progress in developing standard software communications architecture and reducing risk by using an "evolutionary" acquisition...

B-2 Drops 80 Inert Lightweight JDAM Demonstrators In Test At Edwards.(Northrop Grumman [NOC] B-2 bomber )(Brief Article)
August 12, 2003... The Air Force said last week that a Northrop Grumman [NOC] B-2 bomber used by the 419th Test Squadron from Maxwell AFB, Ala., dropped 80 inert separation test vehicle versions of the Boeing [BA] 500-pound GPS/INS-guided "lightweight" type of...

Anteon Gets $49 Million Air Force Research Laboratory Contract.(Brief Article)
August 12, 2003... Anteon [ANT] yesterday said it has received a potential $49 million contract from the Air Force Research Laboratory to support a program to improved laser hardened materials technology. Under the initial orders, valued at $4.5 million,...