Rapid Fire 2011-04-29: Naval Undersea Naval Warfare Center

Rapid Fire 2011-04-29: Naval Undersea Naval Warfare Center

* 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...
Rapid Fire 2011-04-29: Naval Undersea Naval Warfare Center

Rapid Fire 2011-04-28: Vigilare for Australian Air Force

* 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...
Rapid Fire 2011-04-29: Naval Undersea Naval Warfare Center

Rapid Fire 2011-04-27: Tactical Cryptologic Systems

* 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...