by Joe Katzman | Jun 8, 2005 | L3 Communications, Lockheed Martin, Mergers & Acquisitions, Other Corporation, Scandals & Investigations, USA
L-3 Communications announced has agreed to acquire The Titan Corp. for $23.10 per share of Titan common stock, in an acquisition worth an estimated $2.65 billion including assumed debt. Titan’s board of directors is unanimously recommending that shareholders...
by Joe Katzman | Jun 8, 2005 | Britain/U.K., Delivery & Task Orders, Forces - Marines, Lockheed Martin, Middle East - Other, Missiles - Anti-Armor, New Systems Tech, Other Corporation, Project Successes, USA
Predator/ SRAW-MPV Responding to an urgent request from warfighters, Lockheed Martin expanded the capabilities of its Predator anti-tank weapon and delivered 400 rounds to the U.S. Marine Corps in less than six months, prompting praise from, SRAW project officer...
by Joe Katzman | Jun 8, 2005 | C4ISR, Contracts - Awards, Design Innovations, Forces - Air, Forces - Naval, Interoperability, IT - Software & Integration, New Systems Tech, Northrop-Grumman, Procurement Innovations, Project Methodologies, Transformation, USA
Northrop Grumman Defense Mission Systems in Reston, VA has won a $25.4 million hybrid cost-plus-incentive fee/cost-plus-award fee common link integration processing (CLIP) contract. This contract includes options, which if exercised, would bring the cumulative value...
by Joe Katzman | Jun 8, 2005 | Asia - Central, Budgets
Pakistan recently unveiled a 1.09 trillion rupee (USD $18.16 billion) national budget for 2005-2006. The budget increased defense expenditures from 194 billion rupees in 2004-2005 to 223 billion rupees, a rise of more than 15%. Spending on development will also rise,...
by Joe Katzman | Jun 8, 2005 | Contracts - Awards, Intelligence & PsyOps, Other Corporation, T&C - SAIC, USA
A number of indefinite-delivery, indefinite-quantity contracts have been issued by the U.S. Department of Defense for “media approach planning, prototype product development, commercial quality product development, product distribution and dissemination, and...
