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Defense Contractors Say Time Is Right For More Acquisitions

DefenseAlert, Feb. 27, 2015 -- Some defense contractors say they're actively pursuing new acquisitions this year, buoyed by greater budget certainty and an early wave of consolidation.

Engility, TASC Finalize Deal, Creating $2.5 Billion Services Contractor

DefenseAlert, Feb. 26, 2015 -- Engility on Thursday made its acquisition of TASC final, creating a new services giant that company executives expect to produce $2.9 billion in revenue by 2019.

Air Force Estimates $443M Total Cost Growth In Raytheon-Led GPS OCX Program

DefenseAlert, Feb. 26, 2015 -- A move last summer by the Air Force and Raytheon to recalibrate the scope of the development effort for the Global Positioning System III Operational Control Segment will bring the estimated total cost for the next-generation satellite control system to $3.9 billion, a nearly 15 percent increase compared to last year.

Norway, Australia Will Cooperate On Joint Strike Missile Development

DefenseAlert, Feb. 26, 2015 -- Norway and Australia recently agreed to cooperate on developing the Joint Strike Missile that will be introduced as a weapon on the Joint Strike Fighter in the 2020s, according to a statement.

Daily News

Unmanned Systems Alert

U.S. Training Royal Australian Air Force To Operate MQ-9 Reaper In New Mexico

DefenseAlert, Feb. 23, 2015 -- The United States is training Australian airmen to operate the General Atomics MQ-9 Reaper and five airmen are already stationed at Holloman Air Force Base, NM, to receive pilot and sensor operator instruction, the Australian government has announced.

Unmanned Systems Alert