NEW YORK -- United Defense Industries President and Chief Executive Officer Thomas Rabaut today canceled a scheduled presentation at an aerospace and defense finance conference here.
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.
NEW YORK -- United Defense Industries President and Chief Executive Officer Thomas Rabaut today canceled a scheduled presentation at an aerospace and defense finance conference here.
The Army this week announced plans to establish an independent limited liability company at the Aberdeen Test Center in Maryland.
The Defense Department has established a new agency charged with providing an improved force protection structure and emergency response capability at the Pentagon and other military offices and installations in the Washington, DC area, according to a DOD directive signed May 3 by Deputy Defense Secretary Paul Wolfowitz.
The Pentagon today pulled the plug on the Army's $11 billion Crusader field artillery system, saying it was a holdover from another era.
The White House has officially nominated Air Force Gen. Ed Eberhart to become the first head of a new command charged with homeland defense, Defense Secretary Donald Rumsfeld announced today.
United Defense Industries shares fell more than 11 percent in morning trading today in the wake of more news that the Pentagon plans to cancel the company's Crusader mobile gun system.
Army Lt. Gen. James Hill has been nominated to receive his fourth star and become the next commander-in-chief of U.S. Southern Command, the Pentagon announced today.
Northrop Grumman and TRW have signed an agreement that would allow Northrop access to TRW's internal financial records, paving the way for Northrop possibly raising its $53-per-share offer for TRW, the two companies announced today.
Northrop Grumman officials are pondering their next move in the wake of TRW shareholders' rejection of Northrop's proposal to continue negotiations on its $53-per-share offer to acquire TRW.
General Dynamics and Advanced Technical Products, Inc. today announced that GD would acquire ATP for $250 million in cash, shares and debt.
The Pentagon has assured Congress that six programs with sizeable cost overruns have all been restructured well enough to justify their continued existence, the Defense Department's chief acquisition official said today.
Northrop Grumman pulled out all the stops today in its efforts to persuade TRW shareholders to allow it to view TRW's accounting records.
The federal competitive sourcing system needs to be changed to better balance taxpayer interests, government needs, employee rights and contractor concerns, according to a report released today by a panel of government experts.
United Defense Industries plans to stay within the defense market when looking for companies to acquire, UDI's chief executive officer assured financial analysts yesterday.
The Pentagon today released a new interim regulation that opens to competition contracts currently held under a monopoly by Federal Prison Industries.
TRW shareholders today voted to allow Northrop Grumman access to its internal accounting ledgers, but rejected two other Northrop proposals.
An ongoing strike at a Marietta, GA, plant where Lockheed Martin makes C-130J transports will not affect deliveries of the aircraft, a senior company official assured financial analysts yesterday.
The Defense Department today released a "Munitions Action Plan" designed to manage its ammunition stockpile from acquisition and production through demilitarization.
The Defense Department is calling on Congress to repeal legislation that requires DOD to submit an annual report on technology and the defense industrial base.
TRW said yesterday it had agreed to open its accounting books to an unnamed potential bidder.