General Dynamics announced today that the company would buy Motorola's Integrated Information Systems Group for $825 million in cash.
Sunday, March 23, 2025
Sunday, March 23, 2025
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.
General Dynamics announced today that the company would buy Motorola's Integrated Information Systems Group for $825 million in cash.
Despite his team's recent loss of a $131 million contract for next-generation environmental satellite system components, EDO Corp's chief executive officer said today he is still confident his company would have a role to play in the program's development.
Defense Secretary Donald Rumsfeld today voiced skepticism about the chances of getting base closure legislation through Congress this year.
The Pentagon may have violated federal anti-lobbying laws by opposing an amendment to the fiscal year 2002 defense authorization bill that would give Defense Department workers a chance to bid on work slated for outsourcing, an independent watchdog group alleged yesterday.
A senior Pentagon official today warned that if the Defense Department does not reduce its infrastructure through additional base closures, its plans to develop and procure future weapon systems may be adversely impacted.
Raytheon said today that a $1.5 billion lawsuit filed against it by Washington Group International is "without merit."
The National Security Agency yesterday awarded a Computer Sciences Corporation-led team a contract worth up to $2 billion to maintain NSA's information technology infrastructure.
The Bush administration's increased emphasis on military space and missile defense programs bodes well for Orbital Sciences Corp., the company's chairman and chief executive officer said today.
U.S. and British military aircraft patrolling the no-fly zone above southern Iraq have seen a sharp increase in the number of instances this year in which Iraqi forces attempted to shoot them down compared to the year before, a Pentagon official said today.
A Pentagon panel has found that certain aspects of the Bush administration's national missile defense plans may not be compliant with the 1972 Anti-Ballistic Missile Treaty, a Defense Department official said today.
Fitch Inc., a debt rating agency, said Friday that it has assigned United Defense LP a debt rating indicating some credit risk after the company took out three loans totaling $850 million.
Northrop Grumman's navigation systems division will provide data terminals for the British Bowman battlefield communications system, the company announced today. Northrop Grumman will provide the terminals under a teaming agreement with CDC Systems U.K.
An Army initiative to fully staff all active units has met with mixed results, according to a General Accounting Office report released today.
Three House democrats today ratcheted up their opposition to building a new site for the National Missile Defense system at Ft. Greely, AK, telling the Pentagon's top missile defense official that the Defense Department should not use fiscal year 2001 military construction funding to begin breaking ground until Congress has had time to consider the legal and environmental implications of building such a site.
General Dynamics yesterday released earnings results from the second quarter of 2001, which were led by increases in its defense business.
Air Force Secretary James Roche today said the Air National Guard's strike capabilities will not be diminished if an Air Force plan to cut the B-1 bomber force is approved.
Lockheed Martin today announced that the company had agreed to sell its IMS Corporation subsidiary to Affiliated Computer Services Inc. for $825 million in cash.
Taiwan has requested to buy 50 Joint Tactical Information Distribution System terminals worth an estimated $750 million, the Pentagon's Defense Security Cooperation Agency announced today.
Newport News today reported second quarter 2001 earnings per share of 86 cents, up 16 percent from last year and three cents above analysts' expectations.
Boeing today announced plans to consolidate the leadership of its new Missile Defense Systems business unit in Washington, DC and Huntsville, AL, bringing together all of the company's missile defense activities under one leadership team.