The latest Selected Acquisition Report for the Joint Strike Fighter program shows marginal cost growth for F-35 procurement and reductions in cost estimates for life-cycle sustainment, lowering the total projected cost by 2 percent over last year's data -- but still estimating a price tag of $92...
Published By: Inside Defense - Friday, 18 April
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- Navy Wants To Improve Process For Small Business, Stackley Says Defense Daily - Tuesday, 3 June The Navy wants to deepen ties with small businesses to benefit from the innovation and competition they offer while making it easier for them to participate in the acquisition process, the Navy’s acquisition chief said Monday. Speaking to a forum of small businesses, Assistant Secretary of the Navy Sean Stackley said that reaching out to [...]The post Navy Wants To Improve Process For Small Business, Stackley Says appeared first on Defense Daily Network.
- DoD Says Small Number of Russian Troops Leaving Ukraine Border Popular Military - Saturday, 24 May Contrary to some news reports that Russian troops are entirely pulling back from the border with Ukraine, the U.S. Department of Defense reports that just a small number of Russian troops have actually pulled back from the southern and eastern borders of Ukraine, and thousands more remain in place. “We have seen continued activity of preparations for departure of some units, not all,” Rear Adm. John Kirby said at a Pentagon briefing on May 23rd, 2014. The admiral said it is too soon to say if this is the wholesale withdrawal that Russian President Vladimir Putin announced for the third time. “It’s our expectation and hope that that movement is away from the border,” the admiral said. “I can tell you that on a small scale we have actually seen the movement of some units away from the border region, apparently back to what we would consider garrison, their home base.” But the remaining Russian troops are enough to continue to intimidate Ukraine. Those troops “are escalating the tension there in Ukraine, and we continue to call for the removal of all those troops,” Kirby said.
- Congressional Panel Demands New Cost Estimate From OSD On EPAA Inside Defense - Friday, 16 May The House Armed Services Committee has directed the Defense Department to once again submit an independent cost estimate for the European Phased Adaptive Approach (EPAA) missile defense program, noting that several requirements changes have taken place since the last estimate was produced.
- Earnings Tumble At Engility In First Quarter Defense Daily - Wednesday, 14 May Engility [EGL] on Monday reported a steep decline in its first quarter earnings due to lower sales, higher bid and proposal costs, and integration costs related to its acquisition in January of Dynamics Research Corp. (DRC). Net income slid 36 percent to $8.9 million, 50 cents earnings per share (EPS), from $13.8 million (79 cents [...]The post Earnings Tumble At Engility In First Quarter appeared first on Defense Daily Network.
- AUVSI: Growth of small UAV industry could raise new regulatory challenges Flightglobal - Tuesday, 13 May The proliferation of potential missions for small unmanned air vehicles (UAVs) in recent years has surprised even industry members and may be catching regulators off guard, says a speaker at AUVSI’s annual conference on 12 May.
- Exelis Reports Higher Profits Despite Lower Sales Defense Daily - Saturday, 3 May Exelis [XLS] on Friday said its first quarter earnings rose due to lower restructuring costs while sales were down due in large part to less work under United States government contracts in Afghanistan and the Middle East. The company also said the planned spin off of its Mission Systems segment into a new publicly-traded company [...]The post Exelis Reports Higher Profits Despite Lower Sales appeared first on Defense Daily Network.
- Textron Reports Lower Income Despite Flat Sales In Opening Quarter Defense Daily - Friday, 2 May Lower profits at its Bell segment combined with acquisition and restructuring costs related to its purchase of Beechcraft in March drove earnings down at Textron Inc. [TXT] in the first quarter. Net income dropped 29 percent to $85 million, 30 cents earnings per share (EPS), from $119 million (41 cents EPS), from a year ago. [...]The post Textron Reports Lower Income Despite Flat Sales In Opening Quarter appeared first on Defense Daily Network.
- Reports Back Op-Ed Linking Vets to Hate Groups Military - Tuesday, 29 April Authors of past reports on extremists in the U.S. military defend a recent New York Times column and say the threat is real.,An op-ed column published in The New York Times that linked American troops coming home from war and the growth in white supremacist groups drew sharp criticism from veterans groups. American Legion National Commander Daniel Dellinger described the op-ed as a "poorly researched and agenda-driven piece."
- Kalashnikov reports dramatic increase in output Jane - Tuesday, 29 April Russian small arms holding Kalashnikov Concern produced a record 31,000 weapons in the first quarter of this year, up 230% on the same period last year, the company said on 28 April. Kalashnikov's Q1 output already equals 41% of its entire 2013 production of small arms. Over the full year,
- U.S. Army Leaflet Drop Over Afghanistan Popular Military - Friday, 25 April U.S. Army UH-60 Black Hawk helicopter pilots conducted a leaflet drop mission over Balkh province, Afghanistan on April 13th, 2014. The purpose of the leaflet drop was to inform the local population about a tip line they can use to report enemy activity. Image Gallery