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Thursday, Oct 30, 2014

Defense News

Image - Boeing, USAF Demo Minuteman III Readiness in Flight Test

Boeing, USAF Demo Minuteman III Readiness in Flight Test

Boeing [NYSE: BA] supported the U.S. Air Force’s successful flight test of a Minuteman III intercontinental ballistic missile (ICBM), which demonstrated the readiness of that system to deter nuclear threats. The unarmed ICBM launched Sept. 23, 2014, from Vandenberg Air Force Base and reached a target in the Kwajalein Atoll during the test. “Regular flight tests valid...
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Image - Raytheon Awarded $205 M Phalanx Upgrade Contract

Raytheon Awarded $205 M Phalanx Upgrade Contract

Raytheon Company (NYSE: RTN) was awarded a multi-year bulk buy contract totaling over $200 million to provide Phalanx Close-in Weapon Systems (CIWS) upgrade kits, support equipment and hardware spares to the Japan Maritime Self-Defense Force (JMSDF). The CIWS is an integral element of Japan's Ship Self-Defense Program.  "Phalanx provides the critical inner-layer of prot...
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