* President Obama names Leon Panetta as the new US defense secretary and Gen. David Petraeus as the new CIA director, replacing Panetta. Tom Ricks sees Panetta’s appointment as the precursor to large budget cuts. * The general’s shift to the CIA is...
CREW Duke V2 System The SRCTec CREW Duke system is a vehicle-mounted electronic jammer designed to prevent the remote detonation of land mines. The CREW Duke V2 is the US Army’s CREW 2.0 system, comparable to the Joint CREW (JCREW) 2.1, according to Lisa...
The Clark/ Balfour Beatty JV in Bethesda, MD a $7.5 million firm-fixed-price modification to increase the maximum dollar value of a previously awarded firm-fixed-price design-build contract for an in-vitro fertilization clinic and stem cell laboratory at the National...
* General Dynamics, Northrop Grumman, and Boeing all beat Wall Street first quarter results estimates. * Raytheon sees strong Q1 growth in its ace and Airborne Systems (SAS) business thanks to its acquisition of Applied Signal Technology. Meanwhile ManTech had a mix...
* The Pentagon is launching a preferred supplier program. Companies who receive high marks in the Defense Department’s performance-tracking system may see better performance payments and other rewards. The Pentagon will also encourage more use of contract...
