United Defense wins $48.2M Taiwan vehicles upgrade deal
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WASHINGTON (CBS.MW) -- United Defense Industries Inc. (UDI) said the value of a vehicles upgrade contract for the Taiwanese military has increased to $112.2 million.
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Raytheon Co. won a competition yesterday to become prime contractor for an Army training equipment and services program worth up to $11.2 billion over the coming decade, making it potentially one of the largest awards ever for the Waltham defense contractor.
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By Andrea Shalal-Esa WASHINGTON  - The U.S. Army on Tuesday awarded General Dynamics Corp.  the lead role in developing a new warfighter communications system, with Lockheed Martin Corp.  to get an equal share of the work, which GD said was worth $7 billion through 2018.
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The Pentagon's costliest acquisition project, the F-35 Lightning 2 Joint Strike Fighter, safely completed its first test flight Friday, advancing a $276.5 billion program co-financed by the United States and eight nations.
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Northrop Grumman Corp. 's  Space & Mission Systems business unit is being awarded a U.S.  Navy technical services contract worth up to $686.1 million to  support the U.S. Joint Forces Command's warfighting center, the  Defense Department said on Friday.
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Taiwan&#39;s army has selected Boeing  Co. over Bell Helicopter to supply 30 attack helicopters  in a deal worth more than $1.5 billion, a defense official said  on Tuesday.
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Taiwan, over the strong protests of China, is seeking to buy more than $400 million worth of missiles and parts from the United States to bolster its air defenses.
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Lockheed Martin Corp. , the world's No. 1 defense contractor, on Tuesday reported a greater-than-expected 34 percent rise in second-quarter profit, helped by higher revenue from its combat aircraft and electronic systems units and lower pension costs.
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Lockheed Martin Corp., the top US defense contractor, won a US Navy contract worth as much as $3.3 billion to develop and build a group of satellites to provide communications for ground troops.
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Congress on Saturday approved a &#36;477 billion defense bill with a military pay raise and new money for Iraq and Afghanistan.
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Lockheed Martin Corp.  has won a contract worth $1 billion to build 23 more F-22 Raptor fighter aircraft plus one test aircraft, the Pentagon said on Tuesday.
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The U.S. military confirmed yesterday that it awarded the largest security contract in Iraq to a private British firm, Aegis Defence Services, in a deal worth up to $475 million over two years.
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TAIPEI, Taiwan -- A proposed $18.2 billion purchase of U.S. weapons by Taiwan has bogged down in the island's hard-fought electoral politics despite repeated warnings from the Bush administration that the new arms are imperative to bolster defenses against China.
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Japanese auto parts maker Asahi Tec Corp.   5606.T said on Friday it would buy unlisted U.S. rival   Metaldyne Corp. in a deal worth $1.2 billion including its debt   as it aims to expand overseas alongside Japanese car makers.
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A US company has received more than $1bn in funding to build prototype unmanned fighter aircraft for the American military.
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Boeing Co.  has been awarded an 11-year, $2.02 billion contract for 242 wing sets for the Air Force's A-10 fleet designed to support ground troops, the Pentagon said on Friday.
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Second order for MRAP armored vehicles goes to a surprise winner.