Defense Daily articles from March 2003

Defense Daily archives from March 2003

Defense Watch.(multiple defense industry forecasts for UK, US)
March 3, 2003... The Latest Word On Trends and Developments In Aerospace And Defense 101 Advocates. British Prime Minister Tony Blair recently advocated the purchase of the US101 helicopter being offered by AgustaWestland during his meeting with President...

GPS JPO Deliberates Plan For Stretched GPS III Program.(Global Positioning System Joint Program Office)
March 3, 2003... By Kerry Gildea Despite the restructured schedule for the Global Positioning System III (GPS III) program, the Air Force is committed to a 2012 launch of the first satellite, Air Force Col. Wesley Ballenger, director of the GPS Joint...

Lot 7 of JDAM Production Includes Mk 82 'Lightweight JDAM' Kits.(Joint Direct Attack Munition kits to include guidance packages)(Brief Article)
March 3, 2003... By Lorenzo Cortes The upcoming Lot 7 award for the Boeing [BA] Joint Direct Attack Munition GPS-guidance kit for iron bombs will include guidance packages for the Mk 82 500-pound "lightweight JDAM" bomb, according to an Air Force official....

Boeing, Northrop Grumman To Use New Technologies For Common Missile.
March 3, 2003... By Neil Baumgardner FORT LAUDERDALE, Fla.-- Boeing [BA] and Northrop Grumman [NOC] plan to use a combination of proven and new technologies for its bid in the $1 billion Army's Common Modular Missile (CMM) program, which includes elements...

Boeing Moving Delta Launch Vehicle Manufacturing To Alabama.(Brief Article)
March 3, 2003... Boeing [BA] reported Friday plans to consolidate all Delta launch vehicle manufacturing and assembly in Decatur, Ala. Beginning this summer, the Delta launch vehicle assembly now done at Boeing's Pueblo, Colo., facility will transfer to the...

Sales Up Marginally At Dynamics Research On Defense Acquisitions.
March 3, 2003... Dynamics Research Corp. [DRCO] reported last week that fourth quarter revenues rose nearly 3 percent on the strength of its defense sales although net earnings fell 39 percent due to losses at a discontinued unit and $2 million in legal...

New Coast Guard and Navy Vessels Offer 'Opportunity of Significance'.
March 3, 2003... By B.C. Kessner A senior Coast Guard official said recently he was convinced that an intersection exists between the Navy's Littoral Combat Ship (LCS) and the Coast Guard's new offshore patrol craft and it is "truly an opportunity of...

Defense, Industrial Markets Offset Weak Commercial Performance At Esterline.(Esterline Technologies)(Brief Article)
March 3, 2003... Esterline Technologies [ESL] last week reported first quarter net income of $5.8 million, 28 cents earnings per share (EPS), on 30 percent higher sales of $126 million compared to a $3.2 million (15 cents EPS) loss on $97 million in sales a...

GD Looking To Gain Stryker Efficiencies From GM Defense Acquisition.
March 4, 2003... By Neil Baumgardner FORT LAUDERDALE, Fla.-- General Dynamics [GD] hopes to bring greater efficiency to the production of Stryker family of light armored vehicles by merging the management of the program through its acquisition of General...

Offense-Defense Command and Control Difficult Integration Task For MDA.
March 4, 2003... By Kerry Gildea One of the largest challenges facing the ballistic missile defense program will be to properly integrate the command and control system for the new defensive system into the longtime existing offensive system command and...

Firms Outline LCS Sea Frame Development Challenges, Opportunities.(Littoral Combat Ship program)
March 4, 2003... By Hunter Keeter An aggressive schedule and strict costs have set high the bar for the Navy's Littoral Combat Ship (LCS) program, but firms competing for the two or three, $10 million initial design awards said the program's parameters are...

Curtiss-Wright Gains U.S. Presence In Electronic Sensors With Purchase.(acquires Collins Technologies)(Brief Article)
March 4, 2003... Curtiss-Wright [CW] said yesterday it has acquired Collins Technologies for $12 million in a deal that both guarantees the company content on all Airbus A320 aircraft and gives it a presence in North America as a supplier of aerospace...

CACI Expands Services To Intelligence Community With Acquisition.(Applied Technology Solutions)
March 4, 2003... CACI International [CAI] yesterday said it has acquired a small Northern Virginia-based information technology firm to expand its services within the intelligence community. Terms of the deal were not disclosed. CACI expects the deal...

Acquisition of Sensys Development Labs Gives Essex Niche In NSA.(Brief Article)
March 4, 2003... By Calvin Biesecker Essex [ESEX] yesterday said it has acquired Sensys Development Laboratories (SDL) in a deal that gives Essex a presence with the National Security Agency and digital signal processing technology. The price of the...

QinetiQ In Long-Range Range Services Agreement With MoD For $9 Billion.(MInistry of Defense)(Brief Article)
March 4, 2003... Britain's QinetiQ yesterday said it has signed a long-term partnering agreement with the Ministry of Defense that covers the ministry's 22 principal test ranges and is worth up to $8.8 billion over 25 years. The new contract, which goes...

GKN Reports Flat Aerospace Sales In 2002; Helicopter Unit Sales Up.(Brief Article)
March 4, 2003... British aerospace and automotive company GKN yesterday said sales in its Aerospace segment remained level in 2002 at $2.4 billion as increased military sales in its helicopter joint venture offset weaker demand for civil aircraft. Overall...

Standard Missile-3 Slated To Fly Against Wide Range of Targets In Future Tests.
March 4, 2003... By Kerry Gildea The Missile Defense Agency (MDA) and the Navy plan to test the Raytheon [RTN] Standard Missile-3 against a variety of targets, including those with shorter ranges, in upcoming tests, according to program officials attending...

Evolved SeaSparrow Intercepts Subsonic Target In Test.(anti-air missile)(Brief Article)
March 4, 2003... Raytheon [RTN] said yesterday its Evolved SeaSparrow (ESSM) anti-air missile intercepted a BQM-74 subsonic drone on Jan. 17 in tests off the coast of southern California. The ESSM was fired from the Navy's Self-Defense Test Ship and used...

Air Force Plans To Award Raytheon With Contract To Produce Kits For Future GBU- 28s.(Brief Article)
March 4, 2003... The Air Force intends to award Raytheon [RTN] with a contract to produce 350 Paveway III guidance kits for GBU-28 5,000-pound bombs that will be equipped with new BLU-113 warheads upgraded through preplanned product improvement (P3I), according...

Defense Brief.(Blackstone Group acquires TRW Automotive from Northrop Grumman)(Brief Article)
March 4, 2003... Northrop Grumman [NOC] yesterday said it has completed the $4.7 billion sale of TRW Automotive to The Blackstone Group in a deal that will help the defense contractor substantially cut its debt and allows it to focus on the integration of...

XVIII Airborne Corps Asks Army To Study Caesar Truck-Mounted Howitzer.
March 5, 2003... By Neil Baumgardner The Army's XVIII Airborne Corps at Ft. Bragg, N.C., last month submitted an Operational Needs Statement (ONS) to Forces Command (FORSCOM) asking the command to study the Caesar truck-mounted 155mm self-propelled...

First Layer of Command and Control Proceeds To Testing For Missile Defense Testbed.
March 5, 2003... By Kerry Gildea The Lockheed Martin [LMT]-led component of the missile defense national industry team (NIT) next week will deliver the first phase of the command and control infrastructure for the ballistic missile defense system (BMDS)...

Engineered Support Systems Plans To Acquire TAMSCO.(Technical and Management Services Corp.)
March 5, 2003... Engineered Support Systems [EASI] yesterday said it has signed a letter of intent to acquire Technical and Management Services Corp. (TAMSCO) for $66.5 million in cash in a deal that complements the company's manufacturing and logistics...

ManTech Acquires Personnel Security Investigation Firm.(ManTech International to acquire MSM Security Services)(Brief Article)
March 5, 2003... ManTech International [MANT] said on Monday it plans to acquire a small company that provides personnel investigation services to the U.S. government for $5.3 million. The deal, expected to close within two weeks, will be accretive to...

Raytheon's ERGM Team Performs Unitary Warhead Tests.(Extended Range Guided Munition)(Brief Article)
March 5, 2003... Raytheon [RTN] said yesterday its team for the Extended Range Guided Munition (ERGM) conducted a third test of the planned unitary warhead variant of the ERGM at Naval Surface Warfare Center (NSWC), Dahlgren, Va., in January. Team ERGM...

Weldon, Dicks Form House Homeland Security Caucus.(Rep. Curt Weldon (R-Pa.) said yesterday that he and Rep. Norm Dicks (D-Wash.) are creating a new Homeland Security Caucus )(Brief Article)
March 5, 2003... Rep. Curt Weldon (R-Pa.) said yesterday that he and Rep. Norm Dicks (D-Wash.) are creating a new Homeland Security Caucus to help better address homeland security issues in the House. "Every one of my colleagues has something to add to the...

New Australian Defense Update Calls For More Flexible, Mobile Force.
March 5, 2003... Australian Defence Minister Robert Hill last week launched a new update of the country's 2000 Defence White Paper, calling for a "rebalancing of capabilities and priorities" to take into account the new threat of terrorism, with a specific look...

Navy, Industry Offer Alternate Views On LCS, Deepwater, DD(X) Commonality.(Littoral Combat Ship program, DDS(X) destroyer program and the Coast Guard's Deepwater program)
March 5, 2003... By Hunter Keeter As the April 14 proposal deadline approaches for the Navy's Littoral Combat Ship (LCS) acquisition, the government and potential bidding firms differ to what extent LCS will share elements with the Coast Guard's Deepwater...

Defense Sales, Operating Profits Up At Rolls-Royce.
March 5, 2003... Britain's Rolls-Royce said yesterday its preliminary results for last year included $2.2 billion in revenues from its defense group and $289 million in pre-tax income, up 2 percent and 5 percent respectively from 2001. The company also...

BAE SYSTEMS Tests JTRS Radio Prototypes At Ft. Huachuca.(Joint Tactical Radio System )(Brief Article)
March 5, 2003... Britain's BAE SYSTEMS said yesterday it recently operated and tested a network set of engineering development model versions of the Joint Tactical Radio System (JTRS) prototypes during a three-week exercise at Ft. Huachuca, Ariz. "This is...

Defense Brief.(U.S. aerospace employment )(Brief Article)
March 5, 2003... The Aerospace Industries Association said yesterday that U.S. aerospace employment hits its lowest levels since 1953, dropping to 689,000 at the end of 2002. Aerospace employment has dropped 106,000, or 13 percent, since Sept. 11, 2001. The...

Lockheed Martin Promotes Plan To Extend Range of PAC-3 Missile.
March 6, 2003... By Kerry Gildea Lockheed Martin [LMT] has proposed a plan for extending the range of the Patriot Advanced Capability-3 (PAC-3) to fill a coverage gap that exists with the current variant in defending against incoming tactical ballistic...

GD's Polish Partner Protests Poland's Selection of Patria's Armored Modular Vehicle.(General Dynamic's partner, Huta Stalowa Wola)(Brief Article)
March 6, 2003... General Dynamics' [GD] Polish partner, Huta Stalowa Wola, has filed a protest against Poland's selection of the wheeled Armored Modular Vehicle (AMV) built by Finland's Patria Industries for the country's $1 billion armored personnel carrier...

Pentagon Estimates 70 Percent PGM Use In Possible War With Iraq.(Precision guided munitions)
March 6, 2003... By Hunter Keeter A new air campaign against Iraq could include the use of 70 percent precision guided munitions (PGM), a senior Central Command official yesterday told reporters during a briefing at the Pentagon. The 1991 Persian Gulf...

Northrop Grumman and Raytheon Team To Compete For KE BPI Program.
March 6, 2003... By Kerry Gildea Northrop Grumman [NOC] and Raytheon [RTN] reported they have formed a team to compete for the Missile Defense Agency's (MDA) kinetic energy boost phase intercept (KE BPI) program. Responding to a request for proposals...

Northrop Grumman Reduces Earnings Guidance; Shares Slide 4 Percent.(Brief Article)
March 6, 2003... Northrop Grumman [NOC] said yesterday that it was lowering its earnings per share (EPS) guidance for this year nearly 9 percent due to higher than expected interest expenses stemming from changes in the timing for debt payments. The...

Boeing, Hughes Reach $32 Million Settlement With State Over Export Violations.(In a deal with the State Department that settles charges the companies illegally aided China)
March 6, 2003... Boeing [BA] and Hughes Electronics Corp. [GMH] have agreed to strengthen their arms export compliance programs and make cash payments to the U.S. government in a deal with the State Department that settles charges the companies illegally aided...

Northrop Grumman Hopes To Provide Countermeasures For C-130 Conversion.
March 6, 2003... By Lorenzo Cortes Northrop Grumman [NOC] hopes to apply its Large Aircraft Infrared Countermeasures (LAIRCM) technology for the planned conversion of 10 Lockheed Martin [LMT] C-130H transports to MC-130 Combat Talon special operations...

California Supreme Court Orders Lockheed Martin To Trial Over 1996 Radar Sale.
March 6, 2003... The California Supreme Court on Monday ordered Lockheed Martin [LMT] to trial over a 1996 sale of synthetic aperture radars (SAR) to South Korea, finding that Korea Supply Co. (KSC), which alleges that then-Loral bribed South Korean officials...

ITT Industries Awarded $2.2 Million JTRS Integration Contract.(Joint Tactical Radio System )(Brief Article)
March 6, 2003... ITT Industries [ITT] said on Monday that it was awarded a $2.2 million contract from the Pentagon to provide software-demonstrating interoperability between Britain's Bowman communications network and American Joint Tactical Radio System (JTRS)...

Levin Says FY '04 Budget Debate Will Center On Unplanned Costs, Policy Differences.(Carl Levin )
March 7, 2003... By Kerry Gildea The big debate in Congress this year on the Pentagon's FY '04 defense budget requests will focus not on the dollars that are in the request, but more on the funds that are not included for war with Iraq and the continued...

Report: Army National Guard May Need To Retain OH-58s, UH-1s Beyond FY '04.(helicopters)
March 7, 2003... By Neil Baumgardner The Army National Guard (ARNG) may need to retain more than 300 Vietnamera Bell Helicopter Textron [TXT] OH-58A and C-model Kiowa scout helicopters and UH-1 Huey utility helicopters beyond FY '04 due to the slow pace of...

Lockheed Martin, Boeing Team To Compete For Boost Phase Interceptor Program.(Missile Defense Agency contract)
March 7, 2003... By Kerry Gildea Lockheed Martin [LMT] and Boeing [BA] said on Wednesday they are partnering to compete for the Missile Defense Agency's (MDA) new kinetic energy boost phase interceptor (KE BPI) program. Earlier this week, Northrop...

Celeritek Shareholders Want Firm To Drop Takeover Defenses.(Brief Article)
March 7, 2003... Shareholders owning just over 10 percent of the common stock in Celeritek [CLTK] want the small California electronics company which supplies defense and commercial customers to consider purchase offers in a bid to improve shareholder value....

Boeing's X-45A UCAV Wraps Up Block 1 Demonstration Phase.
March 7, 2003... Boeing [BA] said Wednesday its X-45A Unmanned Combat Aerial Vehicle (UCAV) completed Block 1 demonstrations recently. "This is a remarkable example of an integrated government/industry team successfully achieving a wide variety of...

Sea Power 21, Joint Constructs 'Filter' Submarine Program Requirements.
March 7, 2003... By Hunter Keeter The Navy's strategic vision "Sea Power 21" coupled with an emphasis on supporting joint operations are key filters for vetting submarine program requirements and resources, according to a senior official. "More and...

BAE SYSTEMS Completes Tests On JCAD System, Anticipates Acceleration of LRIP.
March 7, 2003... By Lorenzo Cortes Britain's BAE SYSTEMS said last week it has completed testing on the Joint Chemical Agent Detector (JCAD) handheld system, part of the overall contractor validation test (CVT) process, which could lead to the Department...

Acquisitions, Organic Sales Drive Record Growth At ManTech.
March 7, 2003... National security services provider ManTech International [MANT] reported record 2002 revenues on Tuesday driven by its acquisitions and solid organic growth as the company increased its focus on the fast growing DoD and intelligence community...

Raytheon Reports New Charges For Discontinued Business.(Brief Article)
March 7, 2003... Raytheon [RTN] late Tuesday said it will take additional charges amounting to between $65 million and $75 million in the fourth quarter of 2002 due to schedule slips in the construction of two power plants at the Engineering and Construction...

Navy: More Than $1 billion Annually Sufficient For NMCI Implementation.(The Navy/Marine Corps Intranet )(Brief Article)
March 7, 2003... By Hunter Keeter Under a plan for setting up by FY '04 about 365,000 workstations in the Navy/Marine Corps Intranet (NMCI) program, program officials are satisfied with the FY '04-'09 budget request of more than $1.5 billion annually. ...

Air Force Awards Northrop Grumman $32.6 Million For LITENING ER On F-15E.(Extended Range (ER) targeting and navigation pods for Boeing [BA] F-15E Strike Eagle fighterbombers)
March 7, 2003... Northrop Grumman [NOC] said Tuesday it was awarded a $32.6 million contract from the Air Force to provide 24 of its LITENING Extended Range (ER) targeting and navigation pods for Boeing [BA] F-15E Strike Eagle fighterbombers. "Our LITENING...

Defense Watch.
March 10, 2003... The Latest Word on Trends and Developments in Aerospace and Defense Strykers Ready? Army Chief of Staff Gen. Eric Shinseki says the service's first two Stryker Brigade Combat Teams (SBCT) at Ft. Lewis, Wash., are already beginning to...

Air Force Issues Clarification On FB-22, FY '11 Delivery Date Possible.
March 10, 2003... By Lorenzo Cortes Following testimony from Air Force Secretary James Roche to the House Armed Services Committee (HASC) about for the potential acquisition of 150 FB-22 bomber versions of Lockheed Martin's [LMT] F/A-22 fighter, the Air...

Army Officials: Lasers, EM Guns Could Be Part of Future FCS Increments.(electromagnetic guns; Future Combat Systems program)
March 10, 2003... By Neil Baumgardner FORT LAUDERDALE, Fla.--The Army is studying what part technologies like lasers and electromagnetic (EM) guns could play in future versions of the service's Future Combat Systems (FCS) program, while ongoing efforts like...

Army Positions SADARM Rounds In Kuwait.
March 10, 2003... By Neil Baumgardner The Army in the last several months has positioned in Kuwait more than 300 Northrop Grumman [NOC] M898 Sense and Destroy Armor (SADARM) smart artillery rounds, which could be used to destroy Iraqi artillery batteries,...

Navy Sacks V-22 Hydraulic Tubing Supplier.
March 10, 2003... By Hunter Keeter The Navy has ended its relationship with Dearborn Heights, Mich.-based Ancotech after the unsuitability of that firm's titanium hydraulic tubing led to a grounding of the V-22 Osprey tiltrotor fleet. "[V-22 program...

Lockheed Martin Completes Second Flight of Army TACMS Block 1A Unitary Variant.(Brief Article)
March 10, 2003... Lockheed Martin [LMT] said last week it completed a second flight of the Block 1A unitary warhead version of its Army Tactical Missile System (ATACMS) unit recently at White Sands Missile Range, N.M. "The Army TACMS Unitary variant adds yet...

Raytheon Optimistic About FO-50 Decoy Possibilities Despite DSUP Cancellation.
March 10, 2003... By Lorenzo Cortes Raytheon [RTN] is optimistic about the development for its FO-50 fiber optic towed decoy (FOTD) even with the Air Force's cancellation of the Defensive Systems Upgrade Program (DSUP) for the Boeing [BA] B-1 bomber,...

ADI's Bushmaster Vehicle Passes First Stage of New Reliability Tests.(Brief Article)
March 10, 2003... The Bushmaster infantry mobility vehicles made by Australia's ADI has successfully passed the first stage of new reliability testing, Australian Defence Minister Robert Hill said last week. "I am encouraged by the result," Hill said in a...

Air Force To Award Lockheed Martin Contract For JASSM Safety Integrity Program.(Brief Article)
March 10, 2003... The Air Force intends to award Lockheed Martin [LMT] with a contract to implement the operational safety, suitability and effectiveness (OSS&E) program for Lot 2 of the Joint Air-to-Surface Standoff Missile (JASSM), according to a solicitation...

Air Force Plans To Award P3I Contract For JASSM For Extended Range Development.(Brief Article)
March 10, 2003... The Air Force intends award a contract to Lockheed Martin [LMT] to begin preplanned product improvement (P3I) on the Joint Air-to-Surface Standoff Missile (JASSM) with the goal of producing an Extended Range (ER) variant. "The P3I will...

BAE SYSTEMS North America Refocuses Acquisition Strategy, Ronald Says.
March 11, 2003... By Calvin Biesecker ROCKVILLE, Md.--After losing out in its bid for the defense operations of TRW last summer, the North American division of Britain's BAE SYSTEMS is scaling back its targets of opportunity to the "mid-tier" of the defense...

Textron, KMW Looking To Offer Dingo 2 To Army, Marine Corps.
March 11, 2003... By Neil Baumgardner FORT LAUDERDALE, Fla.--Having signed a letter of intent to produce and market the Dingo 2 mine-protected vehicle in the United States, Textron [TXT] and Germany's Krauss-Maffei Wegmann (KMW) plan to offer the vehicle to...

Army Looking To Mature Lockheed Martin, Raytheon FSCS Sensor Packages.
March 11, 2003... The Army wants to award contracts to Lockheed Martin [LMT] and Raytheon [RTN] to mature the sensor packages the two companies developed for the former Future Scout Cavalry System (FSCS) program for possible use with the Army's Future Combat...

Lockheed Martin Makes Progress On International Deal For Missile Defense.
March 11, 2003... By Kerry Gildea Lockheed Martin [LMT] is moving closer to finalizing a deal on international cooperation for ballistic missile defense, according to industry officials. Company officials declined to provide any more details on the...

Miltec Joins SRA International Team To Devise Info Management System For MDA.
March 11, 2003... Miltec of Huntsville, Ala., reported it has received a subcontract from SRA International, of Fairfax, Va., to establish an information management system for the Missile Defense Agency (MDA). SRA International was awarded a competitive task...

Test Aircraft Reduces Risk In MMA Program.
March 11, 2003... By Hunter Keeter As the Navy's Multi-mission Maritime Aircraft (MMA) acquisition enters the last phase of component advanced development, Naval Air Systems Command's (NAVAIR) Hairy Buffalo special mission P-3 aircraft recently supported...

General Dynamics Awarded $9.8 Million For Army Missile Defense Networking.(Brief Article)
March 11, 2003... General Dynamics [GD] said last week it was awarded a $9.8 million contract from the Army to provide hardware and software for the Project Manager Army Tactical Operations Centers/ Air and Missile Defense Command and Control Systems. The...

Engineered Support Receives Contract For F-5 Radar Upgrades.(Brief Article)
March 11, 2003... Engineered Support [EASI] said yesterday it was awarded a multi-million dollar contract from DERCO Aerospace, a subsidiary of Sikorsky [UTX], to repair and upgrade 14 APQ-159 (V) 5 radars for Northrop Grumman [NOC] F-5 fighters operated by an...

Raytheon Awarded $19.2 Million In Army Depot Contracts.(Brief Article)
March 11, 2003... Raytheon [RTN] said last week it was awarded $19.2 million from the Defense Supply Center, Philadelphia, Pa., for a pair of contracts to provide supply chain management for the Anniston Army Depot, Ala., and the Red River Army Depot, Texas. ...

Defense Brief.(Cubic awarded contract)(Brief Article)
March 11, 2003... Cubic [CUB] said last week it was awarded a $3.1 million contract from L-3 Communications [LLL] to provide a remote antenna system for the Air Force's Multi-Platform Common Data Link (MP-CDL) program. [Copyright 2003 PBI Media, LLC. All...

General Dynamics Wins Prophet Block II/III Effort.(Brief Article)
March 11, 2003... General Dynamics [GD] yesterday was awarded a $19.9 million contract to develop the Block II/III versions of the Army's Prophet signals intelligence (SIGINT) system, which is expected to worth up to $150 million. Titan [TTN] currently...

Defense Contracts.
March 11, 2003... Northrop Grumman [NOC], San Diego, is being awarded a $147.3 million cost-plus award-fee contract modification for engineering and manufacturing development (EMD) activities in support of EMD Spiral 3 for the Global Hawk unmanned aerial...

Boeing Delta IV Boosts DSCS Satellite In First EELV Mission.(The Air Force's Evolved Expendable Launch Vehicle (EELV) program)
March 12, 2003... By Kerry Gildea Boeing's [BA] Delta IV rocket launched a Lockheed Martin [LMT] Defense Satellite Communications Satellite (DSCS), marking the first launch in the Air Force's Evolved Expendable Launch Vehicle (EELV) program. The Delta...

Rumsfeld Briefed On Potential 767 Tanker Lease, Seeks More Information.
March 12, 2003... By Lorenzo Cortes Defense Secretary Donald Rumsfeld on Tuesday said he was seeking more information on the potential $17 billion lease of Boeing's [BA] 767 tanker aircraft after he was briefed by Pentagon Comptroller Dov Zakheim and...

Air Force's Unfunded Wish List Highlights Tanker Lease Deal, Variety of Shortfalls.
March 12, 2003... By Kerry Gildea The Air Force's unfunded priority list, sent recently to Capitol Hill, reflects shortfalls in a number of modernization programs and suggests increases of up to $4.4 billion could be made in a variety of accounts including...

Ammunition, Patriot Top Army Unfunded Requirements.
March 12, 2003... By Neil Baumgardner Shortages of funding for ammunition, including artillery and mortar rounds and M141 Bunker Defeat Munitions (BDM), as well as Raytheon's [RTN] Patriot air defense missile and Javelin anti-armor missile, Lockheed...

EDO Buys Military Communications Equipment and Services Firm For $29 Million.(Darlington)
March 12, 2003... EDO [EDO] yesterday said it has acquired the defense equipment and services firm Darlington, for $28.5 million in cash in a deal that expands its customer base in the Navy and Marine Corps and adds the U.S. Agency for International Development...

LPD Advance Procurement, Super Hornet Numbers Top Navy's Unfunded Requirements.
March 12, 2003... By Lorenzo Cortes The Navy's $5.8 billion FY '04 unfunded requirements list (URL) includes $475 million for the incremental funding and advanced procurement of San Antonio-class (LPD-17) landing platform dock ships produced by Northrop...

Tacair, AAV Mods, Artillery Purchases, Head Marine Corps' Unfunded Requirements.(Brief Article)
March 12, 2003... By Lorenzo Cortes The Marine Corps set of unfunded requirements includes $237 million for the funding of four KC-130J tankers built by Lockheed Martin [LMT], $69 million for upgrades to Marine F/A-18A strike fighters built by Boeing [BA]...

Nimitz Deploys With Lockheed Martin Digital Imagery Processing System.(The USS Nimitz)
March 12, 2003... Among the capabilities embarked last week aboard the USS Nimitz (CVN-68) aircraft carrier battlegroup is Lockheed Martin's [LMT] Tactical Input Segment (TIS) digital reconnaissance image processing system, according to a company statement. ...

SHARP Reconnaissance System Deploys, Continues Low-Rate Initial Production.(The Navy's SHAred Reconnaissance Pod (SHARP) system)
March 12, 2003... By Hunter Keeter The Navy's SHAred Reconnaissance Pod (SHARP) system--now deployed with the Boeing [BA] F/A-18F Super Hornet fighters aboard the aircraft carrier USS Nimitz (CVN-68)--has entered a new round of low-rate initial production...

CSC Closes DynCorp Deal; Expands Presence In Federal Market.(Computer Sciences Corp. acquisition)
March 12, 2003... Computer Sciences Corp. [CSC] last Friday said it completed its $1 billion purchase of DynCorp, giving it a greater role in the federal marketplace for information technology (IT) and a variety of other services. The deal also strengthens...

Air Force Conducts Successful First MOAB Detonation Test.(Massive Ordnance Air Blast bomb)
March 12, 2003... By Neil Baumgardner The Air Force yesterday conducted its first live test of its 21,000-pound Massive Ordnance Air Blast (MOAB) bomb, which successfully detonated over a test site at Eglin AFB, Fla. "We're very excited, it looks good,"...