Raytheon (NYSE: RTN) has formed a joint venture with the defense business of Germany-based Rheinmetall to bid for a U.S. Army program aimed at replacing the military service's Bradley combat vehicle.
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A report by consulting firm McAleese & Associates says BAE Systems’ U.S. electronic systems sector saw its sales climb 11 percent to $2.8B during the first half of 2019 with a 14.8 percent operating margin and sector profit of $409M.
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Consulting firm McAleese & Associates has released a report on the U.S. Army’s procurement and modernization plans as discussed by military officials at recent congressional hearings. Army Secretary Mark Esper and Chief of Staff Gen. Mark Milley, both 2019 Wash100 winners, appeared Tuesday before the House Armed Services Committee to discuss the service branch’s …
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A report by consulting firm McAleese & Associates says the total U.S. Army budget request for fiscal year 2020 is approximately $182B. The service’s proposed FY 2020 budget includes $12.4B in research, development, test and evaluation funds, reflecting the service’s focus on eight Army Future Command’s cross functional teams in charge of …
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