Northrop Grumman Corporation’s (NYSE:NOC) board of directors has authorized a new program to repurchase up to $1.5 billion of its outstanding common stock, representing nearly 8% of its 355 million shares outstanding, over the next 12 to 18 months. The company...
UK MoD The UK Ministry of Defense (MoD) has responded to a Public Accounts Committee report that was highly critical of MoD’s performance and execution under Britain’s “Smart Acquisition” guidelines. The 20 largest projects currently in...
FAV F-16A(click to view full) Citing members of the Israeli defense ministry, the Israeli newspaper Yedidot Aharonot reports that pressure from Washington has now forced Israel to freeze a $100 million contract with Venezuela to upgrade its U.S.-manufactured F-16...
It’s a hot issue. Generals retire from military service, often after building up a great deal of relevant domain expertise, leadership skills, occasionally fame – and a wide array of inside contacts. Companies hire them to be executives, or sit on their...
155mm/52 APU SBT General Dynamic European Land Combat Systems subsidiary General Dynamics Santa Barbara Sistemas has signed an 8-year, EUR 181 million (US $216.2 million) contract to supply the Spanish Army with a total of 72 155mm/52 APU SBT howitzers, upgrade...
