Industry

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Iraq May Buy $2.4 Billion Air Defense System

The U.S. since 2005 has offered Iraq some $35 billion in weapons and services, though only about $8 billion of that involves deals that have been approved by the U.S. government.



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CNO Starts Budget Chicken Game

Is this just the same drill that has gone on in years past, or is this year different because of the fiscal crisis?


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Lockheed recovers from leadership shakeup

Lockheed Martin taps Hewson to take over for Stevens after vice chair resigns following investigation into “inappropriate relationship” with a subordinate.


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SAIC Splitting the Baby

Defense services giant SAIC made the announcement yesterday that it was splitting into two independent, publically-traded companies — a technical services business and a solutions-focused business.