BAE Systems has agreed to sell its Gaithersburg, MD-based advanced systems facility for $146 million in cash to Integrated Defense Systems, the two companies announced late last week.
Sunday, April 28, 2024
Sunday, April 28, 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.
BAE Systems has agreed to sell its Gaithersburg, MD-based advanced systems facility for $146 million in cash to Integrated Defense Systems, the two companies announced late last week.
Northrop Grumman has agreed to sell its Electron Devices and Ruggedized Displays businesses to L-3 Communications, the two companies announced today.
House lawmakers today blasted their Senate counterparts for failing to pass a bill that would create a Homeland Security Department by the anniversary of the terrorist attacks against the Pentagon and World Trade Center.
The Defense Department inspector general's office is rife with organizational problems, according to a new, independent assessment of the office.
The Army has awarded a five-year, $300 million contract to a team led by Northrop Grumman to provide information operations technical and management support for the service's Land Information Warfare Activity, Northrop announced yesterday.
The Defense Security Cooperation Agency this week announced nearly $3 billion in potential foreign military sales to Malaysia, Taiwan, the United Arab Emirates, Egypt, India and Belgium.
The European Aeronautic Defence and Space Company is paying for the development of an aerial refueling tanker capability out of its own pocket, the company's North American chairman and chief executive officer said today.
The Air Force has established an office charged with assuring communications compatibility across the Defense Department, intelligence community and NASA, the service announced today.
General Dynamics and Boeing today blasted the Navy for demanding a $2.3 billion payment for the canceled A-12 stealth fighter program.
Raytheon has realigned its government and defense sector, the company announced today.
BAE Systems North America has completed the sale of its expendable defensive countermeasures business, the company announced yesterday.
The military response to last year's terrorist attacks against the Pentagon and World Trade Center should sustain the upward trend of defense spending and may improve profitability for some U.S. defense companies in the intermediate term, a top credit rating agency said yesterday.
GenCorp subsidiary Aerojet-General Corp. has signed an agreement to acquire General Dynamics' space propulsion and fire suppression business, GenCorp announced today.
Areas of the United States where the military conducts research, development, test and evaluation work need to be preserved, in the face of increasing civilian populations living near test areas and pressures to reduce overall testing costs, Defense Department officials said yesterday.
The Air Force, the Commerce Department and the National Aeronautics and Space Administration today awarded TRW's space and electronics business unit a multibillion-dollar contract to build and deploy a next-generation environmental satellite system.
The Air Force's Ogden Logistics Center in Utah has awarded Modern Technologies Corp. a contract to develop Joint Threat Emitter Systems, a deal that could be worth $400 million if all options are exercised, the company announced today.
The Navy has awarded Raytheon a $27 million contract to work on a project that would give the service the ability to launch Tactical Tomahawk cruise missiles from torpedo tubes, the Pentagon announced today.
The ongoing war on terrorism is not holding back Pentagon efforts to fund the transformation of the military, Defense Secretary Donald Rumsfeld said today.
The Air Force has awarded TRW an $869 million contract to continue work on the low-earth orbit component of the Space Based Infrared System, the Pentagon announced today.
Army Secretary Thomas White has approved eight new business initiatives as part of a formal Defense Department process designed to identify and implement business reform actions that save money and reduce red tape.