Northrop Grumman and TRW today told the Justice Department that they intend to go through with their planned merger, even though Justice hasn't finished its own antitrust review.
Saturday, April 27, 2024
Saturday, April 27, 2024
Key Issues Optical clocks Prototype funding SPAFORGEN
John Liang is managing editor of InsideDefense and Inside Missile Defense. He has been with the IWP Defense Group since 1997. He holds a master's degree in international policy studies from the Middlebury Institute of International Studies at Monterey and a bachelor's degree in languages from Georgetown University.
Northrop Grumman and TRW today told the Justice Department that they intend to go through with their planned merger, even though Justice hasn't finished its own antitrust review.
The Bush administration should improve the way it assesses the success of its antiterrorism funding efforts, the General Accounting Office asserts in a new report.
The Pentagon should take a more "aggressive role" in monitoring its contracting officials, according to a recently released report from the Defense Department inspector general's office.
The General Accounting Office has rejected a protest of the Pentagon's award of a multimillion-dollar contract to IBM for the development of a new financial management architecture.
Northrop Grumman announced today it has agreed to sell TRW's automotive business to private investment firm The Blackstone Group for $4.7 billion.
House and Senate conferees have agreed on language in the fiscal year 2003 defense authorization bill that would establish a new plan to transition technologies faster from research labs to the field.
The United States has formally offered the Lockheed Martin-built Advanced Block 52 F-16C/D aircraft to the Polish government, which plans to purchase 48 new multirole aircraft for its air force.
Investors who are expecting a long period of high growth for companies in the aerospace and defense industry are likely to be disappointed, according to a prominent Wall Street analyst.
The timing and scope of the Defense Department's Quadrennial Defense Review need to be improved, according to a General Accounting Office report released today.
Yesterday's issuance by U.S. and European Union antitrust officials of a set of "best practices" for coordinating future merger reviews likely will not adversely impact the aerospace and defense industry, analysts told InsideDefense.com today.
The Army has awarded a joint venture of subsidiaries of Alliant Techsystems and Textron a $53.8 million contract to finish developing a remote-controlled and self-destructible land mine, the two companies announced today.
Boeing and CAE, a Canadian company, today announced a partnership to develop missile defense solutions.
Despite recent reports that the Pentagon may delay the Army's Future Combat Systems program, the chief executive officer of United Defense Industries, a subcontractor on the program, says the service's goal of fielding FCS by 2008 is achievable.
The United States needs to accelerate its export control review process, NATO Secretary General Lord Robertson said yesterday during a visit to the United States.
The Defense Department's mandatory Anthrax Vaccine Immunization Program has adversely affected the retention of guard and reserve pilots and aircrew members, according to a General Accounting Office report released today.
Northrop Grumman has signed a cooperative agreement with Kockums AB of Sweden and its parent company, Howaldtswerke Deutsche Werft AG (HDW) of Germany, under which Kockums will join a team assembled by Northrop's Ship Systems sector to compete for the Navy's Focused Mission Vessel Study.
The first V-22 Osprey designed and built under new specifications mandated in the wake of two deadly crashes in 2000 will be delivered to the military next year, Textron Chairman, President and Chief Executive Officer Lewis Campbell said yesterday.
Boeing Chairman and Chief Executive Officer Phil Condit told financial analysts during a conference call today that he was optimistic a contract for leasing 100 Boeing 767 tanker aircraft would be signed "by the end of the year."
General Dynamics Chairman and Chief Executive Officer Nicholas Chabraja today countered claims that the Army's developmental Stryker vehicle was difficult to deploy and should be canceled.
L-3 Communications Chief Executive Officer Frank Lanza today questioned the Army's ability to transform itself into a lighter, more mobile force by 2008.