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  • WASHINGTON, Aug 26- Oshkosh Corp will dominate the U.S. military's wheeled vehicle market after winning a $6.75 billion deal to build 17,000 armored trucks to replace the U.S. Army and Marine Corps' aging fleet of 140,000 Humvees, analysts said on Wednesday. The Army said Tuesday that Oshkosh beat AM General, the privately held maker of the original Humvees, and a...

  • ADELAIDE, Australia, Aug 26- A Japanese consortium eyeing one of the world's most lucrative defence contracts, a A $50 billion project to build submarines for Australia, on Wednesday launched a public charm offensive to address local concerns over its bid. The consortium of Mitsubishi Heavy Industries and Kawasaki Heavy Industries has been hesitant to...

  • WASHINGTON, Aug 25- U.S. specialty truck maker Oshkosh Corp has won a $6.75 billion contract to build 17,000 light tactical vehicles to replace the aging Humvees used by the U.S. Army and Marine Corps, the U.S. Army announced Tuesday. Oshkosh beat out a team made up of Lockheed Martin Corp and Britain's BAE Systems Plc, as well as AM General, a privately held company...

  • WASHINGTON, Aug 25- U.S. specialty truck maker Oshkosh Corp has won a $6.75 billion contract to build 17,000 light tactical vehicles to replace the aging Humvees used by the U.S. Army and Marine Corps, the U.S. Army announced on Tuesday. Oshkosh beat out a team made up of Lockheed Martin Corp and Britain's BAE Systems Plc, as well as AM General, a privately held company...

  • WASHINGTON, Aug 25- U.S. specialty truck maker Oshkosh Corp has won a multibillion-dollar competition to build a new light tactical vehicle for the U.S. Army and Marine Corps to replace their aging fleet of Humvees, sources familiar with the decision said Tuesday. Oshkosh beat out a team made up of Lockheed Martin Corp and Britain's BAE Systems Plc, as well as AM...

  • Industry executives and defense officials said they expected the Army to announce an initial contract valued at up to $9 billion late on Tuesday for 17,000 of 55,000 vehicles to be built for the Army and Marine Corps in coming years,. The Pentagon's Defense Acquisition Board, led by chief arms buyer Frank Kendall, met on Tuesday to review the acquisition...

  • SAN DIEGO— Federal investigators examining debris from two planes that collided in clear weather over Southern California this weekend will be looking at the position of the fast-moving jet in relation to the slower, single-engine Cessna as it approached the small airport in San Diego County, officials said Monday. The twin-engine Sabreliner can travel...

  • PARIS/ MILAN, July 31- European missile maker MBDA edged towards its biggest shake-up in over a decade on Friday as Airbus Group signalled interest in expanding its share, while Italy's Finmeccanica said it would be open to selling its stake. French-based Airbus and Britain's BAE Systems each own 37.5 percent, and Finmeccanica owns 25 percent of MBDA, created in...

  • LONDON, July 30- BAE Systems, Europe's biggest defence contractor, is still waiting on securing the new aircraft orders it needs to meet its annual earnings target, it said on Thursday. The company, which generates about a fifth of its total sales from Saudi Arabia, needs to sell more Typhoons to Saudi and other Middle East customers to keep production of the jet...

  • LONDON, July 30- Britain's biggest defence company BAE Systems reiterated guidance for marginal earnings growth this year, a forecast which it said remained conditional upon securing new orders for fighter jets. BAE Systems, which generates about a fifth of its total sales from Saudi Arabia, needs to sell more Typhoons to Saudi and other Middle East customers...

  • LONDON, July 30- Britain's biggest defence company BAE Systems reiterated guidance for marginal earnings growth this year, a forecast which it said remained conditional upon securing new orders for fighter jets. BAE said in February that for 2015 it expected underlying earnings per share to be marginally higher than the 38 pence per share it made in 2014 if it...

  • French state-controlled Nexter Systems and privately-held Krauss-Maffei Wegmann GmbH& Co KG of Germany have been in exclusive tie-up talks for more than a year. One apparent sticking point had been the reported preference of German Vice-Chancellor Sigmar Gabriel for an all-German merger of KMW with automotive and defense group Rheinmetall designed to...

  • PARIS, July 28- France is confident of winning two more foreign orders for its Rafale fighter jet by the beginning of next year as it seeks to extend a spate of recent export successes, a source familiar with the matter said on Tuesday. After failing for years to win an order for its warplane, France has sold 24 Rafales each to Egypt and Qatar in recent months and is in...

  • PARIS, July 28- French and German armoured vehicle makers Nexter and KMW are to seal their long-planned merger on Wednesday, the French defence ministry said, combining the Leclerc and Leopard tank brands to compete with the U.S.-made Abrams and Britain's Challenger. The merged company will be 50 percent owned by the French government through GIAT Industries...

  • DEALTALK-Spending cuts fuel government contractor M&A Wednesday, 22 Jul 2015 | 12:59 AM ET

    NEW YORK/ WASHINGTON, July 22- Companies that provide the U.S. government with services ranging from air traffic management and data analytics to janitors and trainers for military dolphins are increasingly trying to find buyers for those businesses as cuts in public spending erode profit margins. Showing growing impatience with a declining sector,...

  • WASHINGTON, July 15- The U.S. government on Wednesday said it had approved Lockheed Martin Corp to upgrade 134 U.S.-made F-16 jet fighters for South Korea with new mission computers, radars and other equipment in a deal worth an estimated $2.5 billion. South Korea initially chose the U.S. unit of Britain's BAE Systems Plc to do the upgrades, but canceled the deal in...

  • *Japan naval officers held meeting with NATO in May. *U.S. sees Japan leading multinational defence projects in Asia. TOKYO, July 10- Japan is interested in joining a NATO missile building consortium that would give Tokyo its first taste of a multinational defence project, a move the U.S. Navy is encouraging because it could pave the way for Japan to lead similar...

  • SCHROBENHAUSEN, Germany, June 25- The German armed forces want to order between 8 and 10 units of the MEADS air and missile defence system for the time being, the managing director of manufacturer MBDA Deutschland GmbH said on Thursday. Germany said this month it would buy the MEADS system from Europe's MBDA and Lockheed Martin Corp instead of an updated Patriot...

  • LONDON, June 25- Business chiefs from companies including BT, easyJet and a local cider maker called on Prime Minister David Cameron to keep Britain in the European Union as he prepared to ask EU leaders for a new deal. A Eurosceptic group published a report this week arguing that Britain could prosper outside the EU, which Britain joined in 1973..

  • *In talks with BAE Systems and General Dynamics on body design. Marine general visited Mitsubishi Heavy Industries in Japan to look at a prototype of an amphibious assault vehicle that could one day be a key pillar in Prime Minister Shinzo Abe's push to sell weapons abroad. Mitsubishi designers believe the prototype shown to U.S. Marine Corps Pacific commander...