Department of Defense & Industry Daily News
Advertisement
Defense program acquisition news, budget data, market briefings
  • Contact
    Editorial
    Advertising
    Feedback & Support
    Subscriptions & Reports
  • Subscribe
    Paid Subscription
    in-depth program analysis & data sets
    Free Email Newsletter
    quick daily updates
    Google+ Twitter RSS
  • Log in
    Forgot your password?
    Not yet a subscriber? Find out what you have been missing.
Archives by date > 2013 > January > 25th

Rapid Fire Jan. 25, 2013: US Navy Adjusts to Budget Outlook

Jan 25, 2013 08:50 UTC

  • Adm. Jonathan Greenert, The US Navy’s Chief of Naval Operations, is freezing civilian hiring – like the Air Force earlier announced – and cancelling a lot of maintenance work that was scheduled between April and September (i.e. the end of the current federal fiscal year). These cuts are meant to be reversible if an appropriations bill comes to pass and sequestration is further pushed back or somehow watered down. San Diego Union-Tribune | Virginian-Pilot.

  • The US Senate’s Armed Services Committee will investigate the Expeditionary Combat Support System’s failed software system that the Air Force had ordered from Computer Sciences, but eventually cancelled after spending about $1B.

  • Raytheon’s sales for 2012 were down by 1.5% to $24.4B. However, thanks to a 1.09 book-to-bill ratio, their backlog grew by 2.4% to $36.2B, 66% of which is funded. Network Centric Systems is the division which lost most revenue in relative terms, with a 10% Y/Y decrease.

Continue Reading… »
Advertisement
White Papers & Events
Advertisement
January 2013
SMTWTFS
« Dec Feb »
 12345
6789101112
13141516171819
20212223242526
2728293031 
Advertisement

© 2004-2023 Defense Industry Daily, LLC | About Us | Images on this site | Privacy Policy

Contact us: Editorial | Advertising | Feedback & Support | Subscriptions & Reports

Follow us: Twitter | Google+

Stay Up-to-Date on Defense Programs Developments with Free Newsletter

DID's daily email newsletter keeps you abreast of contract developments, pictures, and data, put in the context of their underlying political, business, and technical drivers.