U-2 “Dragon Lady”(click to view full) Raytheon Company announced a $113 million follow-on Air Force contract for consolidated field support for all sensors, data links and ground systems related to the U-2 reconnaissance aircraft program. The program...
CVR (T) Scimitar As part of his “Axe in Iraq” series, David Axe discusses Britain’s commander of its Royal Hussars battlegroup in southern Iraq, who has significantly rethought his group’s strategy and tactics, turning his soldiers in something...
JASSM test, White Sands(click to view full) New Mexico Technology Group L.L.C. in El Paso, TX received a $78 million cost-plus-award-fee contract for Mission Support Services for the White Sands Missile Range, NM. This is a 10-year contract that is expected to be...
Northrop Grumman Corporation recently announced that it will acquire all of the outstanding shares of Essex Corporation for $24 per common share in cash. This gives the transaction a value of about $580 million, including the assumption of Essex’s debt. Essex...
F117 Cutaway(click to magnify) United Technologies Corp. subsidiary Pratt & Whitney of East Hartford, CT received a $30.7 million fixed-price with economic price adjustment contract modification. It provides for FY 2007 Interim Economic Price Adjustment (EPA) and...