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15 February 2011 Military News

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Defense Industry

  • DoD News: Contracts for February 15, 2011
  • Lockheed Martin Awarded $270 Million C-130 Aircrew Training System Contract Lockheed Martin 15 Feb 2011 -- The U.S. Air Force awarded Lockheed Martin [NYSE: LMT] a $270 million contract for C-130 Aircrew Training Systems (ATS), to provide an affordable and effective academic and simulation training program for C-130 aircrews around the world.
  • Oshkosh Defense Unveils TAPV Prototype and Plans for Canadian Operations to Support Military Vehicle Programs Oshkosh 15 Feb 2011 -- Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), today unveiled its prototype for Canada’s Tactical Armoured Patrol Vehicle (TAPV) program, as well as the company’s plans to work with its subsidiary, London Machinery, Inc. (LMI), to leverage that company’s new facility in London, Ontario, in pursuit of Canadian Department of National Defence (DND) vehicle programs.
  • Lockheed Martin-Built GPS Satellite Exceeds 10 Years On-Orbit Lockheed Martin 15 Feb 2011 -- The seventh Global Positioning System Block IIR (GPS IIR-7/SVN-54) satellite, designed and built by Lockheed Martin [NYSE: LMT], has reached 10 years of successful on-orbit operations, and continues to deliver critical position, navigation and timing (PNT) signals to nearly one billion GPS users worldwide.
  • BAE Systems Completes Purchase of L-1's Intelligence Services Group BAE Systems 15 Feb 2011 -- BAE Systems has completed its acquisition of L-1 Identity Solutions, Inc.’s Intelligence Services Group (ISG), which is comprised of SpecTal, LLC, Advanced Concepts, Inc., and McClendon, LLC, for a purchase price of approximately $297 million. The completed transaction, initially announced in September, will enhance BAE Systems’ ability to effectively meet the growing needs of government intelligence, defense and security customers.
  • Boeing and Fluor Team to Pursue Sandia National Laboratories Contract Boeing 15 Feb 2011 -- Boeing [NYSE: BA] and Fluor Corp. [NYSE: FLR] have formed a team to pursue a contract to manage and operate the Sandia National Laboratories if the U.S. Department of Energy (DOE) decides to hold a competition.

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