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American Science & Engineering [ASEI]                                     1Q16               1Q15 Sales                            $31.4M            $35.5M Net Inc.                       ($515K, 0.07)  $1.5M, 0.18 AS&E swung to a loss due to a one-time $1.7 million, 15 cents […]

While sales from its various security detection products have been sluggish of late, Leidos [LDOS] expects shipments to ramp up in the second half of 2015 and believes further opportunities […]

After atrophying and fading into disuse, Homeland Security Secretary Jeh Johnson last summer resurrected the Joint Requirements Council (JRC) within the Department of Homeland Security (DHS), with a more permanent […]

The Army has announced its intent to award three-year sole-source contracts to Chemring’s NIITEK division, Cobham, and L-3 Communications [LLL] to further develop research and development to continue the assessment […]

The State Department approved a possible $150 million Foreign Military Sale (FMS) request to Bahrain for F-16 follow-on support for its existing F-16 fleet and associated equipment, parts, and logistics. […]

The State Department approved a possible $1.5 billion Foreign Military Sale (FMS) request to Japan for DDG7 and 8 AEGIS Combat System (ACS), Underwater Weapon System (UWS), Cooperative Engagement Capability […]

The value of mergers and acquisitions (M&A) in the global aerospace and defense sector was down in the second quarter of 2015 versus a year ago and sequentially, although with […]

Airbus has been commissioned to install new information technology (IT) infrastructure at NATO’s Allied Air Command headquarters at Ramstein Air Base, Germany, the company said August 4. The work was […]

The most expensive weapon ever devised, the F-35 Joint Strike Fighter, has been declared ready for battle by the Marine Corps. Marine Fighter Attack Squadron 121 (VMFA-121), went operational July […]

Elbit Systems [ESLT] was awarded two contracts for its Multi Spectral Infrared Countermeasures (MUSIC) family of directed infrared countermeasures (DIRCM) airborne multi-spectral self-protection systems, the company said on August 3. […]