General Dynamics Celebrates 15 Years of Hydra

General Dynamics (NYSE: GD) marked a 15-year milestone this week manufacturing Hydra 70 air-to-ground rockets at the company’s Camden, Ark., plant with delivery of the four-millionth rocket. Since 1996, GD has been the only manufacturer of the Hydra. The contract to continue supplying the U.S. Army with Hydra rockets has the potential to last until April 2015. “The tremendous effort to produce...

Lockheed Wins Finnish Army Contract

Lockheed Martin (NYSE: LMT) announced this week a $45.3 million contract award to upgrade the Finnish Army’s M240 Multiple Launch Rocket System launchers. By adding the Universal Fire Control System, the upgrade enables launching of GPS-guided munitions and extends strike distance. The contract also calls for training and support of the system. “Finland has used MLRS products for four years,...

Gen. Powell to Speak at Symantec Event; GiGi Schumm Comments

GiGi Schumm, Symantec Retired Gen. Colin L. Powell is slated to give the morning keynote address at the Symantec (NASDAQ: SYMC) Government Symposium on June 14 in Washington, D.C. Following Powell’s presentation, Rand Beers, undersecretary for DHS’s National Protection and Programs Directorate, will present the lunch keynote. “We are pleased to welcome keynote speakers Gen. Colin L. Powell and...

SAIC Snags Army Contract

SAIC (NYSE: SAI) announced this week the company won an additional contract with the Department of the Army Mission and Installation Contracting Command Center, Fort McPherson, Ga., to support the U.S. Army Forces Command with training solutions. The IDIQ contract places a $2.5 billion ceiling with a base period of one year and four one-year extension options. “We look forward to continuing to...

Ball Satellite Passes Thermal Tests

Ball Aerospace’s (NYSE: BLL) NPOESS Preparatory Project satellite came one step closer this week to NASA’s planned Oct. 25 launch date with the completion of thermal vacuum testing. The two-month process proved the satellite can function in space. “Given the fact that the U.S. has more severe weather than any other country, it’s crucial that decision-makers have seamless data from the...

Northrop to Webcast Shareholders Meeting

Northrop Grumman Corporation (NYSE: NOC) announced this week its annual shareholders meeting is scheduled for today. Northrop’s CEO Wes Bush will conduct the meeting, which will be webcast at 8 a.m. EST. A replay of the webcast will be available on the company’s website for two weeks. LinkedInShareTweet+1E-mail

Cubic Intros Mini Transceiver

Cubic Corporation (NYSE: CUB) announced today its business unit, Cubic Defense Applications, premiered its multiple radio frequency digital data link. The Multibank Miniature Transceiver mitigates the flow of voice and image data between air and ground stations. Cubic says MMT also includes additional removable encryption to protect the information. Cubic designed MMT to work with intelligence, surveillance...

ManTech Announces First Dividend Payment; George Pedersen Comments

George Pedersen, ManTech ManTech International’s (NASDAQ: MANT) board of directors declared an initial semi-annual cash dividend of $0.42 per share of common stock this week. The declaration marks a first for the company as it rolls out its new dividend program. Stockholders can expect to see payments after June 15 for all players on record as of June 2. Going forward, ManTech plans...

STG Taps Leah Tarbell to Lead Intelligence Group

STG, Inc. this week named Leah Fendley Tarbell vice president of the company’s Intelligence Group in its Civil Agencies Sector. Tarbell will oversee the $25 million group’s operations. A 27-year veteran of the CIA where she served as senior executive in charge of collection analysis and language services, Tarbell also served as director of analytic collaborative tools at Pherson Associates. “Language...

Honeywell Enters Agreement with Chinese HNA Group

Honeywell announced last week the expansion of its partnership with the China-based HNA Group. The partnership builds on the agreement Honeywell has with HNA to deliver Honeywell 131-9 series Auxiliary Power Units coupled with maintenance solutions to the Chinese air transport company’s fleet. “Most airplanes flying today anywhere in the world have Honeywell APUs on board,” said John...