Defense Daily articles from November 2003

Defense Daily archives from November 2003

Defense Watch.
November 3, 2003... The Latest Word on Trends and Devlopments in Aerospace and Defense Warm and Fuzzy. National Imagery and Mapping Agency Director retired Lt. Gen. James Clapper says he is "very comfortable" with the newfound stability in the Boeing Future...

Navy Plans To Improve Prowler Fleet Capabilities, OKs Temporary Fleet Reduction.(attack aircraft)
November 3, 2003... By Lorenzo Cortes In an effort to proactively manage fatigue issues plaguing its fleet of Northrop Grumman [NOC] EA-6B Prowler electronic attack aircraft while still meeting naval and joint requirements, Chief of Naval Operations Adm. Vern...

Wynne Directs Navy To Patch $126 Million Shortfall In H-1 Upgrade Effort.(Michael Wynne)
November 3, 2003... By Amy Butler Acting Pentagon acquisition chief Michael Wynne directed the Navy in an Oct. 22 memo to "fully fund" the Marine Corps' H-1 helicopter upgrade program, which is short of funds by $126.3 million from FY '05 to FY '09. ...

Global Hawk Demo In Germany Meets Airspace, Technology Goals, Northrop/EADS Say.
November 3, 2003... By Lorenzo Cortes Recent demonstration flights in Germany of a Northrop Grumman [NOC] Global Hawk unmanned aerial vehicle (UAV) equipped with a sensor package developed by European Aeronautic Defence and Space Co. (EADS) is meeting...

BAE SYSTEMS Awarded $17.4 Million For Navy Radio Work.(Brief Article)
November 3, 2003... The North American branch of Britain's BAE SYSTEMS said last week that it was awarded a $17.4 million contract from the Navy to provide engineering and technical support work for multiple ship classes. Under the contract, BAE personnel in...

Defense Briefs.(Brief Article)
November 3, 2003... Precision Castparts [PCP] last week said the waiting period for Hart-Scott-Rodino review of its $729 million pending acquisition of SPS Technologies [ST] has passed, leaving only reviews in Romania, Germany, France and Brazil, all of which are...

Administration Moves Closer To Buy America Compromise.
November 3, 2003... By Sharon Weinberger With the Office of Management and Budget giving at least informal approval to the latest draft of the Buy America restrictions, the ball may be back in the court of the head of the House Armed Services Committee...

Army Fields Lightweight Shotgun System.(Lightweight Shotgun Systems)
November 3, 2003... New Lightweight Shotgun Systems (LSS) will probably arrive today for 10th Mountain Division soldiers in Afghanistan, the Army said Friday. The Product Manager Individual Weapons is fielding 199 of the weapons to the first group of soldiers...

MDA Taps Boeing For More Ballistic Missile Interceptors.(Missile Defense Agency)(Brief Article)
November 3, 2003... Boeing [BA] last week received a $823 million cost-plus-award-fee contract modification for the Ground-Based Midcourse Defense Block 2004 Capability Enhancement (CE) Program from the Missile Defense Agency. The CE Program includes 15...

Kaman's Aerospace Segment Reports Lower Sales, Profits.(Brief Article)
November 3, 2003... Kaman [KAMNA] on Friday said ongoing relocation costs for one of its for one of its facilities and a weak civil aviation market led to lower third quarter sales and operating profits at its Aerospace segment. The company also said it is...

Space Control Vital For Future Operations, General Says.(Joseph Cosumano)(Interview)
November 3, 2003... By Ann Roosevelt The global war on terrorism shows the necessity for space control for future Army and joint operations, said the general who commands the Army's space forces. "The sense of urgency that I would feel is in the area of...

Pentagon Officials Still Looking For Cash To Fund Attack Drone System.
November 4, 2003... By Amy Butler Debate in the Pentagon over how to pay for an accelerated program to develop and test a family of drones capable of collecting intelligence and striking targets for the Navy and Air Force has taken a new twist: suggested...

EADS Expects To Be Competitor For Sherpa Replacement.
November 4, 2003... By Lorenzo Cortes DULLES, Va.--Building off the win for its HC-235-300M maritime patrol aircraft (MPA) for the Coast Guard's Deepwater modernization program, the European Aeronautic Defense and Space Co. (EADS) hopes to be a competitor to...

JSF Undergoes Fourth 'Bottom-Up' Weight Review.(Joint Strike Fighter)
November 4, 2003... By Sharon Weinberger As the F-35 Joint Strike Fighter (JSF) undergoes its fourth "bottom-up" weight review, industry and Pentagon officials acknowledge that staving off weight growth remains one of the central challenges in the development...

TTSC Team Opts For Rolls-Royce Over GE To Perform Engine Maintenance.(Tanker Transport Services Co.)(Brief Article)
November 4, 2003... The Tanker Transport Services Company (TTSC) group consisting of Boeing [BA], Britain's BAE SYSTEMS, Serco, Smiths Aerospace, Marshall Aerospace and Spectrum Capital bidding for Britain's Future Strategic Tanker Aircraft (FSTA) requirement said...

LOSAT Continues Flight Tests This Week.(Line-of-Sight Antitank Weapon System)
November 4, 2003... By Ann Roosevelt Lockheed Martin's [LMT] Line-of-Sight Antitank Weapon System (LOSAT) is scheduled on Friday to have the sixth test firing in a series of 18 developmental tests at White Sands Missile Range, N.M., officials said. The...

L-3 Closes Buy of Bombardier's Military Aviation Services Unit; Sells Celerity Unit.
November 4, 2003... L-3 Communications [LLL] yesterday said it had completed its $87.5 million cash acquisition of the Military Aviation Services (MAS) business from Canada's Bombardier, a deal that expands its presence in Canada's defense market and its role in...

First Pre-Production Predator B UAV Now Flying.(Brief Article)
November 4, 2003... General Atomics Aeronautical Systems (GA-ASI) last week said that earlier in October the first pre-production Predator B unmanned aerial vehicle (UAV) completed its first flight at a company flight operations center in Southern California. ...

Defense Brief.(Brief Article)
November 4, 2003... ManTech International [MANT] last week reported a 39 percent increase in third quarter sales to $181.6 million from $130.4 million a year ago, paced largely by acquisitions but also a 12 percent organic rate. Net income grew 47 percent in the...

Correction.(Correction Notice)
November 4, 2003... The Nov. 3 issue of Defense Daily noted the Navy issued a "red-stripe" flight restriction notice on 16 EA-6B Prowlers produced by Northrop Grumman [NOC]. The actual number of aircraft red-striped was 19, according to Lt. Cmdr. Danny Hernandez,...

Departing From Past, Rumsfeld To Give Fiscally Realistic Planning Guidance.(Donald Rumsfeld)
November 5, 2003... By Amy Butler Defense Secretary Donald Rumsfeld plans next month to issue a "fiscallyinformed" planning guidance for the FY '06 budget year, a departure from previous Defense Planning Guidance (DPG) documents that amounted to unattainable...

BAA Issued For ERGM Alternatives Demonstration.(broad agency announcement)(Extended Range Guided Munition)
November 5, 2003... By Lorenzo Cortes The Navy on Oct. 31 issued a broad agency announcement (BAA) for the development for alternative precision-guided munition concepts to the EX-171 Extended Range Guided Munition (ERGM) program, according to Federal...

Early-Warning Radar In U.K. To Get Missile Defense Upgrade.
November 5, 2003... Boeing [BA] will spend $111.7 million on ballistic missile defense upgrades on the early warning radar and associated equipment at RAF Fylingdales Air Base in North Yorkshire as part of its $823 million contract modification for the...

Hybrid-Electric Could Power 10 Percent of Non-Combat DoD Vehicles By 2010.
November 5, 2003... By Ann Roosevelt The Defense Department says by 2010 it is feasible for hybrid electric propulsion to power 10 percent of its more than 360,000 non-combat ground vehicles, from sedans and light trucks to tactical vehicles such as heavy...

National Security Work, Margin Expansion Boost Sales, Earnings At SRA.
November 5, 2003... Profiting from growth across its sectors, with national security strongest, and tremendous margin expansion, SRA International [SRX] on Monday reported strong first quarter results and raised sales and earnings expectations for the year. ...

Air Force Awards Lockheed Potential $287 Million For C-130J Training Systems.
November 5, 2003... By B.C. Kessner Lockheed Martin [LMT] yesterday said it has been awarded a contract from the Air Force worth up to $287 million to provide C-130J training systems and support, with work under the deal's first $51.9 million option set to...

Cubic Creates New Simulation Division Following ECC Purchase.(Brief Article)
November 5, 2003... Cubic [CUB] yesterday said it has formed a new Simulation Systems Division in Orlando, Fla., as part of its Training Systems Business Unit as a result of its recent acquisition of virtual simulation provider ECC International. The new...

New Zealand Accepts General Dynamics' Light Armored Vehicle.(General Dynamics Land Systems Canada)(Brief Article)
November 5, 2003... New Zealand recently officially accepted the wheeled, light armored vehicle (NZLAV) by General Dynamics Land Systems Canada, [GD] and delivered under a $241 million contract. General Dynamics Canada will supply 105 NZLAVs to replace the...

Defense Brief.(Mike Blake to lead Comanche helicopter program)(Brief Article)
November 5, 2003... Mike Blake was picked as the Comanche program director, effective immediately, according to the Boeing [BA]-Sikorsky [UTX] team yesterday. Blake has served as the deputy director since November 2001 and succeeds Chuck Allen, who is taking...

House, Senate Set to Resume Buy America Negotiations.
November 5, 2003... By Sharon Weinberger House and Senate conferees are expected today to resume stalled negotiations over the so-called Buy America restrictions that have remained one of the biggest stumbling blocks to completing the FY '04 Defense...

Navy's New Fleet Response Plan Calls For 'Six Plus Two' Carrier Group Availability.
November 5, 2003... By Lorenzo Cortes The Navy's new Fleet Response Plan (FRP), designed to improve the availability of Navy fleet assets in the future, would call for six employable carrier strike groups with two more groups just out of the shipyards ready...

House Conferees Press For Resolution On Authorization Bill.(Brief Article)
November 6, 2003... By Sharon Weinberger The heads of the two armed services committees could be bracing for another confrontation as the House chairman pushed for a final agreement on the FY '04 Defense Authorization Bill. The House Armed Services...

Navy Official: Joint Presence Policy Concept Could Be Finalized In A Couple of Months.
November 6, 2003... By Lorenzo Cortes The future Joint Presence Policy concept that outlines both availability of forces and a way to generate a persistent presence in crucial areas should be completed in the next couple of months, according to a senior Navy...

After Series of Flaps, DSB To Examine Privacy Issues Facing DARPA Programs.(Defense Science Board, Defense Advanced Research Projects Agency)
November 6, 2003... By Amy Butler A recently established Defense Science Board (DSB) task force is designed to get at the heart of concerns that Defense Advanced Research Projects Agency's (DARPA) research could violate or appear to infringe upon privacy...

Lawmakers Make Greater Push For Anti-Missile Countermeasures.
November 6, 2003... By Sharon Weinberger An increasing number of congressional members are calling on the Pentagon to take greater steps to protect military aircraft with anti-missile countermeasures, including a new request for the Pentagon to look at...

EDO Reports Higher Sales, Earnings; Acquisitions Drive Revenues.
November 6, 2003... By Calvin Biesecker EDO [EDO] yesterday reported large gains in profits and sales in the third quarter although organic sales dropped as the company continues to wrap up work on an aircraft electronic jamming system and war operations...

Armor Holdings Surging Up-Armored Humvees; Forms Defense Unit.
November 6, 2003... By Calvin Biesecker The Army's demand for more armored versions of its primary utility vehicle helped drive third quarter sales and earnings gains at Armor Holdings [AH], which has been surging production of the armored vehicles during the...

TIPS Signs Workshare MoU's With Czech/Hungarian Industries For NATO AGS.(Transatlantic Industrial Proposed Solution, memorandums of understanding, Alliance Ground Surveillance)
November 6, 2003... By B.C. Kessner The Transatlantic Industrial Proposed Solution (TIPS) for the NATO Alliance Ground Surveillance (AGS) program yesterday said it signed memorandums of understanding (MoU) with industry associations from the Czech Republic...

Air Force Tanker Agreement Finalized; Waiting On Defense Authorization.
November 7, 2003... By Sharon Weinberger Citing final support from the administration, Congress and the Pentagon, backers of Air Force plans to modernize its aging tanker fleet with Boeing [BA] KC-767 tankers, announced yesterday a final compromise that will...

First Draft of New FY '06 'Strategic Planning Guidance' Circulated In DoD.
November 7, 2003... By Amy Butler Defense Secretary Donald Rumsfeld this week issued a draft Strategic Planning Guidance (SPG), which will direct how the Pentagon's nearly $400 billion annual budget will be allocated in FY '06, according to Defense Department...

Raytheon, Harris To Develop Navy AEHF SATCOM Terminals.(Advanced Extremely High Frequency satellite communications terminals)
November 7, 2003... Raytheon [RTN] and Harris [HRS] won initial contracts to develop the Navy Advanced Extremely High Frequency (AEHF) Multi-band Terminal (NMT), competing for a production contract with a potential value of $1.6 billion. The Space and Naval...

Military Wants More, Better Non-Lethal Weapons.
November 7, 2003... By Ann Roosevelt There's an increasing need for newer, more effective non-lethal weapons to protect U.S. military forces, civilian populations, equipment and infrastructure, according to military officials. "Non-lethal capabilities...

EADS Reports Nine-Month Loss; Defense Sales Up.(European Aeronautic Defence and Space Co.)
November 7, 2003... The European Aeronautic Defence and Space Co. (EADS), Europe's aerospace and defense giant, yesterday said it swung to a loss in the nine-month period on a $482 million non-cash charge related to the amortization of goodwill and lower income in...

Allied Defense Group's Sales, Earnings Up On Foreign Market Expansion.
November 7, 2003... By Calvin Biesecker Allied Defense Group [ADG] on Wednesday said its third quarter sales and earnings were up due to expansion of its Belgian subsidiaries' customer bases while the company's U.S. operations turned in a weaker performance....

Raytheon, Union Reach Deal On Dispute.(International Association of Machinists and Aerospace Workers)(Brief Article)
November 7, 2003... Raytheon [RTN] and the International Association of Machinists and Aerospace Workers avoided a strike Sunday at Raytheon's Tucson, Ariz., facility when the latter accepted a new contract, according to a company spokeswoman. The vote taken...

Navy's DD(X) Program Manager Compares Comms To Those On Carriers And Amphibs.(Chuck Goddard)
November 7, 2003... By Lorenzo Cortes The Navy's program manager for the DD(X) future surface combatant program believes the extensive external communications suite onboard the new ship that provides for connectivity with numerous technologies will have...

Defense Brief.(DRS Technologies acquires Integrated Defense Technologies)(Brief Article)
November 7, 2003... DRS Technologies [DRS] on Tuesday evening said it has completed its $543 million transaction for Integrated Defense Technologies (IDT), a deal that adds a significant amount of new Air Force and intelligence community business, and will propel...

Defense Watch.
November 10, 2003... The Latest Word on Trends and Devlopments in Aerospace and Defense Three's a Charm. Defense Advanced Research Projects Agency Director Tony Tether says the command and control and interoperability piece of the Pentagon's Joint Unmanned...

Conferees Scale Back 'Buy America' Provisions; Authorize Tanker Lease.
November 10, 2003... By Sharon Weinberger After a series of multiple, last minute changes, the final version of FY '04 Defense Authorization Bill leaves out many of the most onerous of the socalled "Buy America" restrictions that would have limited the...

Navy Reaffirms Support For DD(X) Construction At Two Yards.(surface combatant vessel)
November 10, 2003... By Lorenzo Cortes The Navy has reaffirmed the decision to construct the future DD(X) surface combatant at two shipyards--Northrop Grumman's [NOC] facility in Pascagoula, Miss., and General Dynamics' [GD] Bath Iron Works in Maine--and will...

Lockheed Martin, Northrop Grumman Miss Mark On SBIRS Delivery Deadline.(Space Based Infrared System High)
November 10, 2003... By Amy Butler Lockheed Martin [LMT] and Northrop Grumman [NOC] have missed a key milestone for the Pentagon's next-generation early missile warning system, delaying delivery of the first Space Based Infrared System High (SBIRS High)...

Army Mull Plans For New Theater Support Vessels.
November 10, 2003... By Ann Roosevelt The Army is talking to the Marine Corps about combining their separate high-speed Theater Support Vessels (TSV) programs, after scuttling plans to lease such vessels in the wake of the Air Force tanker debacle, a service...

Orbital To Develop MDA Target Vehicle For Missile Defense Agency.(Orbital Sciences Corp.)(Missile Defense Agency)(Brief Article)
November 10, 2003... Orbital Sciences Corp. [ORB] won a $19 million contract from the Missile Defense Agency (MDA) for the Medium Range Target (MRT) launch vehicle program, Under the contract, issued by MDA's Targets and Countermeasures office in Huntsville,...

United Defense Awarded $19 Million To Upgrade Marine Corps' AAV.(Brief Article)
November 10, 2003... United Defense [UDI] said yesterday it was awarded a contract from the Marine Corps worth $19 million to upgrade Assault Amphibious Vehicles (AAV) to the Reliability, Availability and Maintainability/Rebuild to Standard (RAM/RS) configuration....

Missile Defense Agency Taps Orbital For Additional Booster Work.(Orbital Sciences Corp.)(Ground-based Midcourse Defense element)(Brief Article)
November 10, 2003... The Missile Defense Agency announced Friday it will use "a proven boost vehicle" built by Boeing [BA] subcontractor Orbital Sciences Corp. [ORB] to provide the rockets necessary for the Ground-based Midcourse Defense (GMD) element of the...

Editor's Note.
November 10, 2003... In observance of Veterans Day, Defense Daily will not be published on November 11, 2003. [Copyright 2003 PBI Media, LLC. All rights reserved.]

OSD Gives Nod To Air Force Termination of JSOW.(Joint Standoff Weapon)
November 12, 2003... By Amy Butler Pentagon officials have approved--with a $100 million string attached--an Air Force proposal to back out of a joint effort with the Navy to develop and build the Raytheon [RTN] Joint Standoff Weapon (JSOW), according to...

AGS Re-Design Saves Weight, Guarantees Rate of Fire For DD(X), Navy Says.(Advanced Gun System)
November 12, 2003... By Lorenzo Cortes The Navy's decision to change the configuration of United Defense's [UDI] 155mm Advanced Gun System (AGS) from a "twin cell" setup to a "vertical load" structure lightened the weight of the weapon, reduced the deck...

General Dynamics' Abrams Considered For Australian Purchase.
November 12, 2003... Tanks made by General Dynamics [GD], Britain's Alvis Vickers and Germany's Krauss Maffei Wegmann (KMW) are under consideration to replace Australia's aging Leopard tanks. "Which tank and how many are decisions yet to be made, but we intend...

DRS Reports Record Second Quarter Led By Acquisitions, Solid Organic Growth.
November 12, 2003... By Calvin Biesecker DRS Technologies [DRS] last week reported record income and sales for the second consecutive quarter at the halfway point of its fiscal year, paced again by acquisitions, although the defense electronics firm lowered...

Australian Defence Capability Review Cites Interest In Acquiring Aegis Technology.
November 12, 2003... By Lorenzo Cortes Australia's recently completed 2003 Defence Capability Review articulates an interest in acquiring the Lockheed Martin [LMT] Aegis combat system for future destroyers, part of a planned major upgrade in both ships and...

Authorization Bill Repeals Ban On Low-Yield Nuke Research.
November 12, 2003... By Sharon Weinberger Following a decade-long prohibition on the development of low-yield nuclear weapons, Congress agreed last week to repeal the ban and allow the administration to pursue work on so-called "mini-nukes." The conference...

UAV Homeland Security Report Due To Congress In Six Months.
November 12, 2003... By B.C. Kessner The Bush administration has until April 1 to submit to Congress a report on the potential uses of unmanned aerial vehicles (UAV) for support of homeland security missions, according to the FY '04 National Defense...

Military Aircraft Work Drives Growth At Moog; Earnings Up On Lower Expenses.(Brief Article)
November 12, 2003... Strong growth in military aircraft-related sales, especially the F-35 Joint Strike Fighter program, overcame weaker performance in commercial aircraft, space and industrial businesses in its fourth quarter, Moog [MOG.A] reported last week. ...

U.S. Joint Forces Command, Army Gear Up For Annual War Game.(Brief Article)
November 12, 2003... The U.S. Joint Forces Command (JFCOM) and the Army are holding a National Security Seminar today and tomorrow to outline the geo-strategic setting for the second annual joint co-sponsored war game called Unified Quest '04 (UQ '04). The war...

McCain Continues Tanker Inquiry.(Sen. John McCain)
November 13, 2003... By Sharon Weinberger In another sign that the Air Force's tanker deal is far from settled, Sen. John McCain (R-Ariz.), sent a letter Monday night to a private company advising Boeing [BA], demanding that its officials produce any records...

Lewis 'Concerned' About Army Plans To Buy New Chinooks.(Congressman Jerry Lewis)
November 13, 2003... By Amy Butler House Appropriations Committee Defense Subcommittee Chairman Jerry Lewis (R-Calif.) is continuing to push the Army toward upgrading its entire fleet of Boeing [BA] Chinook helicopters--instead of only the 300 planned for the...

Rockwell Collins Turns In Solid Year Led By Defense Performance.
November 13, 2003... Strong performance in its government sector combined with improved operating performance across the company amid an ongoing slump in civil aviation led the way to solid sales and earnings gains at Rockwell Collins [COL] in its latest fiscal...

Boeing Creates New Office For Internal Governance.
November 13, 2003... Boeing [BA] on Tuesday said it has created a new office to oversee corporate-wide ethics and governance requirements reporting directly to Phil Condit, Boeing's chairman and CEO. Creation of the Office of Internal Governance stems from both...

DARPA Awards Lockheed $8 Million To Streamline Air Operations Centers.(Defense Advanced Research Agency)(Brief Article)
November 13, 2003... Lockheed Martin [LMT] last week said it was awarded an $8 million, 54-month contract by the Defense Advanced Research Agency (DARPA) to implement the company's Plan Understanding and Monitoring Associate (PUMA) software package designed to help...

United Industrial Hires New Financial Adviser; Moves Corporate Headquarters.(Imperial Capital L.L.C. hired)
November 13, 2003... United Industrial Corp. [UIC] on Monday said it has hired a new financial adviser to help it sell its energy division, part of its strategy to focus on its defense businesses, and has completed the move of its corporate headquarters to Hunt...

GAO: DoD Should Implement Reforms To Improve Knowledge Process In Acquisitions.
November 13, 2003... As the Pentagon plans to spend over $1 trillion on new weapons systems and technologies between now and FY '09, a recently completed GAO report said that the Pentagon should design and implement the necessary processes to improve knowledge...

Northrop Grumman Begins Fabrication of JSF Airframe.(Joint Strike Fighter)
November 13, 2003... Northrop Grumman [NOC] said Monday it began production of the first major airframe components of the F-35 Joint Strike Fighter (JSF) managed by Lockheed Martin [LMT]. According to a Northrop Grumman statement, milling machines at Brek...

Northrop Grumman Team Bidding for BMC2 Tests Concepts in Mock Flights.(Battle Management Command and Control)
November 13, 2003... A Northrop Grumman [NOC]-led team competing against bids from Lockheed Martin [LMT] and Boeing [BA]-led offers to serve as the prime contractor for the Battle Management Command and Control (BMC2) portion of the Air Force's future E-10A...

F/A-22 Program Meets Criteria For Lot 4 Contract Award And Lot 5 Advanced Buy.(Lockheed Martin)(Brief Article)
November 13, 2003... By Lorenzo Cortes Lockheed Martin's [LMT] F/A-22 program has met the exit criteria for Lot 4 authorization and the Lot 5 advanced buy award, according an Air Force official. Meeting exit criteria allows the Air Force to negotiate the...

DHS Picks Five Proposals To Proceed In MANPADS Competition.(Department of Homeland Security, MAN Portable Air Defense Systems)
November 14, 2003... By Calvin Biesecker and Sharon Weinberger Besieged with interest among competitors seeking to develop and produce a defensive system to protect large commercial aircraft from man-portable heatseeking missile threats, the Department of...

NATO Funding Short $766 Million, Army To Provide Offsets For Bill.(Brief Article)
November 14, 2003... By Amy Butler U.S. military funding for NATO is short by $766 million from FY '04 to FY '09, and the Pentagon comptroller's office has suggested slicing the cash from Army travel and administrative accounts in order to fill the gap,...

NAVSEA Official: Navy Needs To Anticipate Workload For Deployments.(Navy Sea Systems Command)
November 14, 2003... By Lorenzo Cortes A top Navy Sea Systems Command (NAVSEA) official believes that given the relatively finite amount of knowledge-based resources for ship maintenance and construction, the service needs to anticipate future workloads in an...

UIC Swings To Loss On Discontinued Ops; Takes Steps To Add Shareholder Value.(United Industrial Corp.)
November 14, 2003... United Industrial Corp. [UIC] yesterday reported hefty net losses in the third quarter stemming from its discontinued transportation operations and its core defense business reported lower earnings on higher sales, but despite the lackluster...

Congress Moves To Limit C-5A Retirement.
November 14, 2003... By Sharon Weinberger In a bid to protect military aircraft located in some members' home states, Congress agreed to limit the Air Force's ability to retire its A model C-5 transport aircraft. The FY '04 Defense Authorization Bill...

Bell's Eagle Eye UAV On One-Year Timeline For Full-Scale Prototype.(Bell Helicopter Textron to build unmanned aerial vehicle)
November 14, 2003... By B.C. Kessner The CEO of Bell Helicopter Textron [TXT] last week said the company has launched an initiative to design, build and fly a full scale Eagle Eye vertical takeoff and landing (VTOL) tiltrotor unmanned aerial vehicle (UAV) by...

SMDC Juggles War, Missile Defense And New Global Missions.(Space and Missile Defense Command)
November 14, 2003... By Ann Roosevelt The Army's Space and Missile Defense Command (SMDC) faces important deadlines next year as it becomes the Army service component to U.S. Strategic Command (STRATCOM) and activates operators for the Ground-based Midcourse...

Defense Briefs.(includes multiple articles)
November 14, 2003... Israel's Elbit [ESLT] said on Tuesday said its third quarter net income decreased despite higher sales. Net income was $12 million, 30 cents earnings per share (EPS), on $214.3 million in sales compared to $15.5 million (39 cents EPS) in...

Defense Watch.(multiple articles)
November 17, 2003... The Latest Word on Trends and Devlopments in Aerospace and Defense Too Sharp! The Pentagon comptroller's office has rejected a Navy proposal to halt production of the Shared Reconnaissance Pod (SHARP), which is developed by Raytheon,...