Atlas Elektronik's UK ubsidiary has reached an agreement to buy QinetiQ (pron. "kinetic") Group plc's underwater systems business based in Winfrith, Dorset, for a cash consideration of GBP 23.5m (EUR 26.5/ $40.2 million equivalent). That business has about 220...
RSS Formidable andINS Brahmaputra(click to view full) Agence France Presse quotes naval consultancy AMI International, whose analysts are forecasting that Asian states will spend $60 billion to modernize their navies in the next 5 years. That amount is very similar to...
Lockheed Martin Information Systems and Global Services won a $10 million cost-plus-fixed-fee Navy contract for development, engineering, and testing of reliable acoustic path vertical line array (RAPVLA) sensor systems for distributed netted systems. RAPVLA sensor...
Italian CH-47C(click to view full) Italy's ARMAEREO procurement agency signed a EUR 900 million ($1.23 billion equivalent) contract to buy 16 CH-47 heavy-lift helicopters for the Italian Army, with an option for 4 more. These 16-20 "ICH-47Fs" will be operated by the...
Campbell Ewald Co. won an indefinite-delivery/indefinite-quantity contract for advertising and marketing services for the Navy Recruiting Command in Millington, TN. This contract is worth $146.2 million over the base year, and 4 one-year options could bring its total...
The US Department of Defense has submitted its FY 2010 budget request for $533.8 billion. This is 4% more than the FY 2009 base budget, but that is no longer an apples-to-apples comparison, as explained below. Weapons procurement represents $107.4 billion, or about...
"Looking at Earmarks: Legislators for Sale?" examined some legislator's records with respect to earmarks, provisions inserted into spending bills that target specific firms and products. That article looked at the range of earmarks given out, and corresponding...
Solid-fuel rockets are used in a wide variety of military applications, from decoy launchers, to anti-tank rockets, to aerial missiles and rockets, to nuclear ICBMs. Not to mention the potential civilian uses. Improvements to the state of the art can have a wide range...
The Straub-Martin joint venture in Bonsall, CA won a $92.25 million firm-fixed-price contract to design and build 3 USMC Bachelor Enlisted Quarters (BEQ) and a parking structure at the Marine Corps Air Ground Combat Center in Twentynine Palms, CA. The MCAGCC is...