Rapid Fire Feb. 28, 2013: Light Air Support Reawarded to Sierra Nevada / Embraer

Rapid Fire Feb. 28, 2013: Light Air Support Reawarded to Sierra Nevada / Embraer

* The US Air Force awarded again its $427M contract (with a $950M maximum) for light air support (LAS) aircraft for the Afghan forces to the team which had already won last year, before the Company Now Known as Beechcraft contested the acquisition and the Air Force...
Rapid Fire Feb. 28, 2013: Light Air Support Reawarded to Sierra Nevada / Embraer

Rapid Fire Feb. 27, 2013: Chuck Hagel’s Weak Confirmation

* As expected Republican Senators softened their opposition to allow Chuck Hagel’s nomination as US Secretary of Defense. The 58-41 roll call stands in contrast with the entirely smooth confirmations of Leon Panetta (100-0) by the previous Congress, or more...
Rapid Fire Feb. 28, 2013: Light Air Support Reawarded to Sierra Nevada / Embraer

Rapid Fire Feb. 22, 2013: Sequester Threatens Bookings more than Backlog

* US defense acquisition undersecretary Frank Kendall encouraged his staff to start briefing their industry contacts about the effects of sequestration in a memo seen by Reuters. Comptroller Hale anticipates that new contracts are more likely to be delayed or...