Business/Financial
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Business/FinancialOrbital ATK Forms Subsidiary In Saudi Arabia
Orbital ATK [OA] on Thursday said it has established a subsidiary in Riyadh, Saudi Arabia, primarily to support its existing partnerships in the country and to collaborate with the Saudi […]
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Business/FinancialBAE Decides To Retain U.S. Government Services Businesses
Britain’s BAE Systems on Thursday said it has decided not to divest its United States-based government services businesses saying that retaining the units within the Intelligence & Security sector “delivers […]
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Business/FinancialHII Sees Flat Sales Through 2020; Strong Cash Returns To Shareholders
Over the next five years Huntington Ingalls Industries’ [HII] shipbuilding sales will be relatively flat, but the company expects to return most of its free cash to shareholders, including annual […]
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Business/FinancialBoeing In Joint Venture With India’s Tata For Defense And Commercial Systems
Boeing [BA] on Monday said it has entered into a joint venture with India’s Tata Advanced Systems to manufacture aerostructures for aircraft and defense and commercial aircraft. “This partnership will […]
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Business/FinancialSaab Wins $1.27 Billion UAE Contract For New Airborne Surveillance System
The United Arab Emirates (UAE) awarded Saab AB a $1.27 billion contract to deliver a new airborne Swing Role Surveillance System (SRSS) to expand the UAE’s airborne surveillance capabilities, the […]
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Business/FinancialElbit Wins Contract To Deliver Live Combat Training Systems To Poland Special Forces
Elbit Systems [ESLT] was selected to deliver live combat training system and equipment to Poland’s Special Operations Forces (SOF), the company said Monday. The equipment, the Combat Training System (CTS), […]
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ArmyLockheed Martin Precision Munitions Complete Reliability Tests
Lockheed Martin’s [LMT] Army Tactical Missile System (ATACMS) and Guided Multiple Launch Rocket System (GMLRS) Unitary munitions successfully completed stockpile reliability tests using a High Mobility Artillery Rocket Systems (HIMARS) […]
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Business/FinancialPreferred Systems Solutions Acquires Conulting Firm GSM
Preferred Systems Solutions (PSS) last week said it acquired GSM Consulting, a software engineering and cyber security services firm in a deal that strengthens PSS’ position as a provider of […]
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Business/FinancialLockheed Martin Closes Sikorsky Acquisition, Names Schultz President Of Business Unit
Lockheed Martin [LMT] on Friday closed its $9 billion acquisition of the Sikorsky Aircraft business from United Technologies Corp. [UTX] and named Dan Schultz, who led the integration efforts for […]
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Business/FinancialAirbus and Korea Aerospace Industries Agree To Jointly Market Korean Helicopters
Airbus Helicopters and Korea Aerospace Industries (KAI) agreed in a memorandum of understanding (MoU) to jointly market Korean helicopter platforms for the worldwide market, Airbus said Wednesday. The collaboration is […]