Business/Financial
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Homeland SecuritySmiths Detection Nabs $97 Million TSA Award For New Checkpoint Scanners
The Transportation Security Administration on Thursday evening awarded Smiths Detection a $96.8 million contract to provide 300 new scanning systems to screen carry-on bags at airport checkpoints. The deployment of […]
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Air ForceDoD Continues to Weigh Whether to Use Two Rocket Motor Suppliers for GBSD Program
The Pentagon continues to assess the costs and benefits of directing the two contractors building the forthcoming Ground-Based Strategic Deterrent (GBSD) to partner with the two remaining rocket builders in […]
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Business/FinancialMorocco to Purchase, Upgrade F-16s for $4.77 Billion
The State Department has approved two possible foreign military sales to Morocco: one of F-16C/D Block 72 aircraft and related equipment for an estimated $3.787 billion, and another to upgrade […]
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SpaceLockheed Martin’s New SmartSat Venture Looks To Update Satellites Like Smartphones
Lockheed Martin [LMT] on Wednesday announced a new satellite venture that will allow systems to be configured for new missions while in orbit through smartphone-like application updates, with the company […]
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Business/FinancialBoeing Names Head Of Joint Ventures With Embraer
Boeing [BA] on Wednesday named B. Marc Allen, current president of Boeing International, as a senior vice president of the company and president of its pending partnership with Brazil’s commercial […]
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Business/FinancialSAIC Says Keene Assuming CEO Duties Immediately, Eliminating COO Position To Flatten Structure
Science Applications International Corp. [SAIC] on Wednesday said that Nazzic Keene, the company’s CEO-elect, will be assuming day-to-day responsibility for the company as outgoing CEO Tony Moraco takes on an […]
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Business/FinancialLockheed Martin Top Spokeswoman Resigns For Job At UnitedHealth
Jennifer Whitlow, the top corporate spokeswoman at Lockheed Martin [LMT] for the past six years, is resigning to become Chief Communications Officer for UnitedHealth Group [UNH]. Andrea Greenan, the vice […]
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Business/FinancialCurtiss-Wright Acquires Tactical Data Link Software Company
Curtiss-Wright Corp. [CW] on Monday said it has acquired Tactical Communications Group (TCG) for $50 million in cash, complementing its existing capabilities in tactical data link (TDL) technology. Curtiss-Wright said […]
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Business/FinancialGryphon Acquires Schafer From Belcan
Gryphon Technologies, Inc., on Monday said it has acquired Schafer Intermediate Holding, a provider of scientific, engineering and technical advisory services in the national security space, from Belcan, LLC. Terms […]
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InternationalFrench MoD Calls for European Defense Industry Consolidation, Pushes Back on U.S. Arms Sales
Europe must work to address its military capability gaps and continue to boost its defense spending to share some of the burden of protecting the continent with the United States, […]