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Defense Daily, Friday, October 26, 2018, Vol. 280, Issue 20

Textron To Acquire Small Company That Develops, Manufactures Robotic Land Vehicles

Textron Inc. [TXT] on Thursday said it has agreed to acquire Howe & Howe Technologies, a small company that makes robotic land vehicles for military and other customers to help position itself for future military needs in this area.Terms of the deal were not disclosed and the parties must still sign a definitive merger agreement.…

New Fuel Tube Issues Ground Several F-35s For Second Time This Month

Following the Oct. 11 grounding of all F-35 Joint Strike Fighters due to a failed fuel tube in some aircraft, two additional fuel supply tubes have been identified as suspect and require inspection, the Pentagon’s joint program office said Oct. 25.“While the two additional fuel tubes have not failed, engineering data collected during the ongoing…

Lower Taxes, Improved Performance Drive Strong Third Quarter At Raytheon

Raytheon [RTN] on Thursday reported higher sales and earnings in its third quarter with the company benefiting in large part from international and classified work, lower taxes and improved operational performance, and the company raised its top and bottom line guidance for 2018.Net income rose 19 percent to $644 million, $2.25 earnings per share (EPS),…

Bell showcases AH-1Z and UH-1Y at Marrakech Air Show

The Moroccan military has recapitalized its Lockheed Martin [LMT] F-16 fighters, its General Dynamics [GD] M-1 tanks, and, in the third stage, may soon recapitalize its fleet of Airbus Gazelle utility and attack helicopters.Last year, Airbus Helicopters observed the 50th anniversary of the Gazelle's maiden flight.At the Marrakech Air Show this week--Bell's [TXT] second annual…

U.S. Navy Releases Latest Business Operations Plan, Expects To Save Money

The Department of the Navy on Wednesday released its newest business operations plan, which was designed to tie into the National Defense Strategy (NDS) and continue to reform the department.The plan, covering FY 2019-2021, is couched in terms of the NDS and the FY 2019-2022 National Defense Business Operations Plan and acts as a framework…

Army Opens Search To Find Improved Optic For Mobile Machine Guns

The Army is accepting proposals to find a new machine-gun optic needed to hit targets faster and allow gunners to be more accurate on their first round. Project Manager Soldier Weapons released a request for proposals notice on Oct. 19 for the Mounted Machine Gun Optic (MMO), which will be integrated on M240B, M2/M2A1, and…

France Starts Study For Next Aircraft Carrier

France’s defense minister said Tuesday the government is starting an 18-month period to study a successor to its Charles de Gaulle aircraft carrier.Florence Parly, French Minister of the Armed Forces, announced this process for deciding on a new follow-on carrier in an opening keynote to the Euronaval 2018 conference.“The first step, which starts today, is…

Leidos Posts Higher Sales, Income In Third Quarter; Plans Reorganization

Leidos [LDOS] on Thursday posted higher earnings and sales in its third quarter and reported exceptionally strong bookings, particularly from intelligence community customers, and the company said it will reorganize into four operational segments beginning in January.Net income was up 79 percent to $147 million, 96 cents earnings per share (EPS), from $82 million (53…

Apache Crews Request Improvements For Apache MUM-T, Gun

MESA, Ariz.--An easier to use L3 [LLL] manned-unmanned teaming (MUM-T) data link, a more accurate Northrop Grumman [NOC] 30mm gun, and a decrease in the number of on-board "black boxes" are among the items that Army crews have requested for the Boeing [BA] AH-64E attack helicopters, according to Shane Openshaw, Boeing's director of Apache programs.The company…

Belgium Picks F-35 Over European Options for Future Fighter

Belgium has chosen Lockheed Martin’s [LMT] F-35 Joint Strike Fighter for its next fighter aircraft over several potential European options, becoming the 13th country to select the fifth-generation platform.The purchase of 34 F-35As will replace the country’s current fleet of F-16 fighters, the Belgian government confirmed Oct. 25. The country’s Belga news agency first reported…