NFA: The Navy’s Best-Kept Secret?

Anyone who has spent much time around either submarines or the Bahamas is likely to have heard of something called AUTEC. Not many people know much about it since it involves submarines and testing to ensure the subs and their weapons work well. AUTEC’s main base is on Andros Island, a short flight from Nassau.…

Raytheon, Foreign Sales Already Strong, Looks to India, Turkey For More

WASHINGTON: As US defense spending drops, lots of arms makers are seeking sales abroad, including mighty Lockheed Martin. But Raytheon executive Thomas Kennedy insists his company’s different. While other US contractors began emphasizing foreign sales in the last year, “54 percent of the revenue for the IDS business is from international [already],” said Kennedy, president…