Rapid Fire 2010-05-18: Conflict of Interest Rules

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* Pentagon drafts new conflict of interest rules for contractors. * US Defense Secretary Gates’ effort to cut defense spending could hurt stock prices of US defense firms. That sort of follows, doesn’t it? * Learning from sponges to make glass that’s very hard to break. * SAIC secured $24 million contract to supply 19 deployable tactical air navigation (D-TACAN) systems for the USA’s Air Traffic Control and Landing Systems (ATCALS). * BAE Systems gets $10.7 million order for 20,000 US Army modular lightweight load-carrying equipment (MOLLE) quick-release backpacks. ATK also picked up a recent order, in a new camo pattern for Afghanistan. * India conducts successful test of the nuclear-capable Agni-II, an in-service weapon with a range of 1,240 miles. * Up to $50 million to Tetra Tech for US Army Corps of Engineers’ environmental remediation work in the USA.

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