http://www.defensedaily.com Defense Daily en-us 2009 Sun, 15 Nov 2009 11:54:42 EST By Geoff Fein Northrop Grumman [NOC] will lay the keel for the USS Ford (CVN-78) on Saturday at its Newport News, Va., shipyard, officially marking the beginning of construction of the Navy's next-generation aircraft carrier that brings a new look to the... http://www.defensedaily.com/sectors/business/8599.html Thu, 12 Nov 2009 0:00:00 EST Dan Murphy, Alliant Techsystems’ [ATK] chairman and CEO for the past six years, yesterday said he was leaving the company to “address family matters” and the company’s Board of Directors said he will be succeeded immediately by Chief... http://www.defensedaily.com/sectors/business/8608.html Thu, 12 Nov 2009 0:00:00 EST By Calvin Biesecker Northrop Grumman [NOC] yesterday said that it began exploring options for its advisory services business more than a year ago based on what it thought its customers would require of contractors to avoid organizational conflicts of interest... http://www.defensedaily.com/sectors/business/8561.html Tue, 10 Nov 2009 0:00:00 EST By Emelie Rutherford More large defense firms may emulate Northrop Grumman [NOC] and sell off advisory-services units because of amplified concerns in Washington about organizational conflicts of interest, industry observers said. When President Barack Obama... http://www.defensedaily.com/sectors/business/8565.html Tue, 10 Nov 2009 0:00:00 EST By Geoff Fein Lockheed Martin [LMT] is looking to market its Common Radio Room (CRR) to U.S. partner nations, with the first effort to demonstrate the system to the Australian navy, a company official said. CRR has been adopted by the Navy for use on Seawolf... http://www.defensedaily.com/sectors/business/8544.html Mon, 9 Nov 2009 0:00:00 EST By Geoff Fein While much of the discussion about open architecture (OA) focuses on freeing up hardware and software, at the Office of Naval Research (ONR), they are in the midst of an effort to develop a system that can simultaneously run various radio... http://www.defensedaily.com/sectors/business/8541.html Fri, 6 Nov 2009 0:00:00 EST TeleCommunication Systems Inc. [TSYS] this week said it has acquired Solvern Innovations Inc., a provider of wireless communications products and solutions and training to customers in the Department of Defense and intelligence community. Terms of the deal... http://www.defensedaily.com/sectors/business/8524.html Thu, 5 Nov 2009 0:00:00 EST By Geoff Fein Despite an embarrassing false-start recently into the blogosphere, Boeing [BA] is continuing to look at ways to upgrade its presence on the Internet including the use of social media, a company official said. Boeing has launched several websites... http://www.defensedaily.com/sectors/business/8525.html Thu, 5 Nov 2009 0:00:00 EST SRA International [SRX] yesterday posted higher net income and sales in the first quarter and achieved a record new contract award total. Net income increased 18 percent to $18.1 million, 31 cents earnings per share (EPS), versus $15.4 million (27 cents EPS)... http://www.defensedaily.com/sectors/business/8529.html Thu, 5 Nov 2009 0:00:00 EST CACI International [CAI] yesterday posted strong first quarter FY '10 results as business with the Defense Department expanded. Net income increased 22 percent to a record $23.9 million, 78 cents earnings per share (EPS), from $19.6 million (64 cents EPS) a... http://www.defensedaily.com/sectors/business/8487.html Fri, 30 Oct 2009 0:00:00 EDT By Geoff Fein Wednesday's latest test of the Aegis Ballistic Missile Defense (BMD) continued to demonstrate the success of Raytheon's [RTN] Standard Missile-3 (SM- 3), and was the second positive test this month for the company's SM family. "It couldn't... http://www.defensedaily.com/sectors/business/8489.html Fri, 30 Oct 2009 0:00:00 EDT Raytheon [RTN] this week said it has completed its $350 million acquisition of BBN Technologies, adding to Raytheon's... http://www.defensedaily.com/sectors/business/8476.html Thu, 29 Oct 2009 0:00:00 EDT By Calvin Biesecker General Dynamics [GD] yesterday reported its second consecutive quarter of declining profits due to a weak market for business jets market despite continued strong performance from the company's defense businesses. The strong showing in... http://www.defensedaily.com/sectors/business/8477.html Thu, 29 Oct 2009 0:00:00 EDT By Calvin Biesecker L-3 Communications [LLL] yesterday reported solid third quarter financial results increasing both sales and earnings due to a tax benefit and a strong contribution from its C3ISR segment. Net income increased 22 percent to $250 million... http://www.defensedaily.com/sectors/business/8460.html Wed, 28 Oct 2009 0:00:00 EDT Weighed down by reduced demand for business jets and a loss at its finance unit, Textron [TXT] yesterday posted a steep decline in operating profits amid a decline in sales, although the multi-industrial firm still eked out a net profit in its third quarter... http://www.defensedaily.com/sectors/business/8463.html Wed, 28 Oct 2009 0:00:00 EDT ITT Corp. [ITT] has received a $169.3 million contract from Naval Sea Systems Command (NAVSEA) as part of the AN/SPS-48G Radar Obsolescence, Availability Recovery (ROAR) program, the company reported. The five-year contract has a base year value of $29... http://www.defensedaily.com/sectors/business/8467.html Wed, 28 Oct 2009 0:00:00 EDT By Emelie Rutherford The White House issued federal-contracting guidance yesterday regarding using fixed-price contracts over cost-plus arrangements. A congressional contracting-oversight panel plans to hold a hearing today to scrutinizing the new... http://www.defensedaily.com/sectors/business/8469.html Wed, 28 Oct 2009 0:00:00 EDT Government officials from Alabama, Florida, Louisiana and Mississippi yesterday said they have created a multi-state alliance aimed at promoting the Gulf Coast region as a "world class aerospace, space and aviation corridor" and that their first... http://www.defensedaily.com/sectors/business/8423.html Tue, 27 Oct 2009 0:00:00 EDT A Lockheed Martin [LMT]-led industry team completed a successful Preliminary Design Review (PDR) for the Navy's Communications at Speed and Depth (CSD) program that will deliver real-time, two-way communications to submarines without having to rise to... http://www.defensedaily.com/sectors/business/8425.html Tue, 27 Oct 2009 0:00:00 EDT By Calvin Biesecker Raytheon [RTN] yesterday reported strong third quarter financial results as higher sales and improved operating margins, combined with lowered pension expense led to increased earnings. Net income jumped 15 percent to $490 million, $1.25... http://www.defensedaily.com/sectors/business/8401.html Fri, 23 Oct 2009 0:00:00 EDT