Business/Financial
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Business/FinancialBoeing’s Tech Venture Unit Invests In Detect And Avoid Radar Company
Boeing [BA] on Thursday said its HorizonX Ventures arm is part of a $15 million financing round for Fortem Technologies, a developer and manufacture of radar systems that enable unmanned […]
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Business/FinancialGD Deal For CSRA Clears Regulatory Hurdle
General Dynamics [GD] and CSRA, Inc. [CSRA] on Wednesday said that GD’s pending acquisition of CSRA has cleared a federal regulatory milestone. In filings with the Securities and Exchange Commission, […]
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Business/FinancialLockheed Martin Sees Little Direct Impact From Tariffs But Warns On Supply Chain
After reviewing President Trump’s plans to impose tariffs on steel and aluminum imports, Lockheed Martin [LMT] on Monday said it doesn’t expect any negative direct impact to the company but […]
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Business/FinancialReport Suggests Multiple Approaches To Better Integrate Allied Defense Industrial Base
New exemptions for controlled goods, program licensing, integration of performance based logistics contracting, and improving standards to better enable open systems architecture among international partners are among the key recommendations […]
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Business/FinancialCH-53K Completes Critical Tests With Maximum Payload Flight
Sikorsky has completed the last of its its critical flight expansion activities for its CH-53K ahead of its first delivery of the aircraft to the Marine Corps later in 2018, […]
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Business/FinancialMDA Awards Lockheed $80.6 Million For Modified Ballistic Re-Entry Vehicles
Lockheed Martin [LMT] has received an $80.6 million contract from the Missile Defense Agency for modified ballistic re-entry vehicles and separation modules for missile defense tests, the company said Thursday. […]
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Business/FinancialTrump Places Tariffs On Aluminum, Steel Imports; A&D Industry Sees Potential Harm
President Trump on Thursday announced tariffs on aluminum and steel imports, saying the new measures are meant to counter unfair trade practices that hurt American workers and industries and threaten […]
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Business/FinancialGD Increases Dividend
General Dynamics [GD] on Wednesday said its board has increased the company’s quarterly dividend by nearly 11 percent to 93 cents per share, payable on May 11. The dividend hike […]
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Business/FinancialAcacia Group Acquires Intelligent Decisions, Splits Into Two Companies
The private equity firm The Acacia Group said yesterday it recently acquired federal technology provider Intelligent Decisions and has split the business into two separate companies, one focused on products […]
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Business/FinancialLockheed’s Open-Systems Approach Allows Integration Of Commercial, Internal Tech With Military Systems
Lockheed Martin [LMT] is investing significant resources into modular open-architecture systems so that it can integrate new technologies into the platforms it already builds for the U.S. military. In a […]