The U.S. Air Force does not want to publicly disclose the Long Range Strike Bomber contract’s value because the military service believes a disclosure may give adversaries a hint about the aircraft’s specifications, Bloomberg reported Wednesday. Randall Walden, director of the Air Force’s Rapid Capabilities Offi...
Congress could review the U.S. Air Force‘s and the Defense Department‘s independent cost estimates for the Long Range Strike Bomber program after the legislative branch’s research arm found Northrop Grumman‘s (NYSE: NOC) winning bid to be “substantially below” those projections,  Bloomberg reported Thursd...
A General Dynamics (NYSE: GD) business unit has received a potential five-year, $193 million contract from the U.S. Army to build penetrator bomb bodies and components. The Army Contracting Command awarded the indefinite-delivery/indefinite-quantity contract to General Dynamics Ordnance and Tactical Systems&nb...
The State Department has cleared a potential $386 million foreign military sale of GBU-39/B Small Diameter Bombs Increment 1 weapons and related equipment to Australia. The Defense Security Cooperation Agency said Wednesday the sale includes up to 2, 950 GBU-39/B bombs,  50 guided test vehicles equipped with inert fuze,...
BAE Systems Inc., the British defense contractor’s U.S. subsidiary, has won a potential four-year, $75.3 million contract to perform engineering and technical work on combat identification systems for the U.S. Navy. The Defense Department said Monday the company will provide 1, 075, 200 man-hours of CIDS support to the Naval Air Warfare C...
Lockheed Martin (NYSE: LMT) has received a $197.6 million contract modification to design and test computer program baselines for the U.S. Navy™s Aegis combat system. The company will also provide integration and delivery services for related technology insertion hardware design for the next build, the Defense Department said Wednesday. Lockhee...
The U.S. Air Force has unveiled the names of seven companies that will partner with Northrop Grumman (NYSE: NOC) to help build a fleet of B-21 Long Range Strike Bomber planes for the military service, Defense News reported Monday. Lara Seligman writes Air Force Secretary Deborah Lee James said in a news briefing at the ...
Dell and Massachusetts-based data storage vendor EMC (NYSE: EMC) will implement a new senior management structure upon closing of their approximately $67 billion merger. Michael Dell told employees in a memo Tuesday the integrated company will have an executive group that will comprise current CEOs of the VMwa...
TYSONS CORNER, VA, March 1, 2016 ” The U.S. Air Force has unveiled the concept design of the future B-21 Long Range Strike Bomber aircraft that Northrop Grumman (NYSE: NOC) will build for the service branch, ExecutiveBiz reported Monday. The Air Force reported Friday Deborah Lee James, secretary of the Air Force, presented the design ...
General Dynamics (NYSE: GD) and Ellwood National Forge have won a $682.9 million contract with the U.S. Army to produce BLU-109 penetrator bomb bodies and parts for Turkey under a foreign military sales agreement. The Defense Department said Friday the companies will manufacture the bomb bodies and components through Dec. 31, 2020. The BLU-109 ...
