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Northrop Grumman, Finmeccanica team up for U.S. helicopters

Reuters — Northrop Grumman (NOC.N: Quote, Profile, Research, Stock Buzz) and Italy’s Finmeccanica SpA’s (SIFI.MI: Quote, Profile, Research, Stock Buzz) AgustaWestland on Tuesday said they were joining forces to compete for the new U.S. Air Force Combat Rescue helicopter and the U.S. Navy’s new “Marine One” presidential helicopter. The two companies said they signed a comprehensive […]

Raytheon Awarded Second LRIP Contract for US Air Force F-15E Radar Modernization Program

 defpro — EL SEGUNDO, Calif. | Raytheon Company has been awarded its second contract from Boeing Company for low-rate initial production (LRIP) of active electronically scanned array radar systems for the U.S. Air Force F-15E Radar Modernization Program. Raytheon’s APG-82(V)1 AESA radar can simultaneously detect, identify and track multiple air and surface targets at longer […]

Supply Chain Seen Slowing NASA Capsule, Rocket Development

Aviation Week — Prime contractors on NASA’s next-generation human space exploration vehicles are finding it unusually difficult to obtain the space-qualified electronics and other components they need to stay on schedule, a situation they say will likely get worse if there is instability in the space agency’s out-year funding for the projects. Testifying before the […]

Business Insider | New Research on Gender Diversity in the Boardroom

The recent Credit Suisse report about women on boards (Gender diversity and corporate performance, August 2012) takes the discussion of gender and company performance to a new level. For years, there have been reports claiming to link gender diversity to improved operational or stock price performance, but many of them have been criticized for methodological […]

Bloomberg | What Europe Can Teach the US About Gender in the Boardroom

As the U.S. presidential campaign moves into its final months, newspapers are full of promises from both candidates. But there’s promising news from Europe that’s also worth attention. A proposal being drafted by the European Commission and expected to be formally introduced next month by Viviane Reding, EU Commissioner for Justice, Fundamental Rights, and Citizenship, […]

Business Week | Northrop, EADS Could Gain From Growing European Drone Interest

Northrop Grumman Corp. (NOC) and European Aeronautics, Defence & Space (EAD) stand to benefit from increased European interest in intelligence gathering drones that could trigger additional sales of the Global Hawk used in Afghanistan and Libya, a Northrop Grumman executive said. Denmark and Poland are among the countries ready to sign on to a NATO […]

defpro | ITT Exelis and Innovative Technical Solutions Awarded Contract to Develop High Bandwidth Laser Communications System

CLIFTON, N.J. | ITT Exelis and partner, Innovative Technical Solutions, Inc. (commercially known as NOVASOL), have been awarded a $7 million contract to develop a laser communications system for the U.S. Navy and U.S. Marine Corps. The team will complete development of a line-of-sight, high-bandwidth laser communications system that will be used for ship-to-ship, ship-to-shore […]