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...
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...
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...
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,...
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...