United Defense Industries is continuing to work on an advanced gun system for the Navy's multibillion-dollar DD(X) ship development program despite an ongoing protest by losing prime contractor General Dynamics. "Although the contract award for this ship's development is currently under protest, we are hopeful that this issue may be resolved in the third quarter," UDI President and Chief Executive Officer Tom Rabaut told financial analysts yesterday during a conference call on his company's second-quarter earnings. "Separately, and in spite...
