Business/Financial
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Business/FinancialL-3 Introduces Checkpoint Bag Scanner That Automatically Detects Explosives
Using technology that is currently being applied to screen checked bags at airports and automatically detect the presence of explosives, L-3 Communications [LLL] on Wednesday introduced a compact version of […]
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Business/FinancialManTech Beefs Up Cyber Security Services With KCG Acquisition
ManTech International [MANT] on Tuesday said it has acquired Knowledge Consulting Group (KCG), a small firm focused on providing cyber security services to the public and private sectors, in a […]
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Business/FinancialQatar Purchases Four C-17s
Qatar recently signed an agreement to purchase four additional C-17 Globemaster III airlifters from Boeing [BA], the company said on Monday. The four upcoming C-17s will join the Qatar Armed […]
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Business/FinancialUTC To Divest Sikorsky, Expecting Boost In Organic Sales, Operating Margin
As expected, United Technologies Corp. [UTX] on Monday said that following a review of strategic alternatives for its helicopter business, the company has decided it will either sell or spin-off […]
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Business/FinancialNew A&D Report Sees Global Military UAV Market Growth Outpacing Rest Of Defense Industry
The market for military-related unmanned aerial vehicles (UAV) is expected to grow on average 9 percent annually, or up to $11.6 billion, during the next 10 years, outpacing the defense […]
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Business/FinancialSAIC’s Earnings Dip In First Quarter On Acquisition, Contract Overrun
Science Applications International Corp. [SAIC] on Tuesday posted slightly higher sales in its opening quarter but net income edged down due to costs associated with its recent acquisition of Scitor […]
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Business/FinancialChanging Defense Spending, Globalization Top Forces Affecting Government Sector, Survey Says
Reductions and reallocations in defense spending, globalization, and mergers, acquisitions and divestitures top the list of macro forces expected to affect the government sector over the next two or three […]
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Business/FinancialAerojet Rocketdyne Completes Sale Of Some Real Estate
Aerojet Rocketdyne Holdings, Inc. [AJRD] on Monday said it has closed the sale of a portion of its land holdings in Northern California for a potential value of $57 million […]
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Business/FinancialAs DoD Stands Up Cyber Forces, Raytheon Expects Demand For Cyber Weapons
DULLES, Va.—The traditional cyber mission space for the Defense Department has been around protecting networks and industry’s role here has been helping by supplying expertise but with the ongoing standup […]
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Business/FinancialGD Doubles Share Repurchase Authority
General Dynamics [GD] on Thursday announced that its board has given management the authority to repurchase an additional 10 million shares of the company’s common stock, doubling the size of […]