Business/Financial

MBDA and NIMR Automotive LLC entered a commercial partnership to propose the HAFEET Air Defense Vehicle (ADV), a high efficiency V-SHORAD air defense system, for a requirement for the Emirates […]

Orbital ATK [OA] completed the installation and integration of the AAR-47 Missile and Laser Warning System onto AH-1S helicopters for the South Korean army, the company said on Monday. The […]

Britain’s Rolls-Royce on Tuesday said that it has appointed Marion Blakey to lead its North American business, succeeding James Guyette who is retiring in May. Blakey, who is the president […]

Cubic Corp. [CUB] on Tuesday said its board has approved a 13 percent increase in the company’s semiannual dividend, which will be paid on March 20. The cash dividend was […]

Engility Holdings [EGL] on Monday said its shareholders have approved the company’s pending $1.1 billion acquisition of TASC, Inc., which is expected to close on Feb. 26. Engility announced the […]

A team led by General Dynamics [GD] was awarded the Live Training Transformation (LT2) Consolidated Product-line Management (CPM) next contract worth $415 million by the U.S. Army, the company said […]

HDT Global this month said it has acquired expeditionary equipment maker DHS Technologies, LLC, adding to its capabilities for supplying a range of solutions to expeditionary forces. Terms of the […]

The U.S. government approved Raytheon [RTN] exporting a Gallium Nitrade- (GaN) based Active Electronically Scanned Array (AESA) Patriot sensor to Patriot System partner nations, the company said on Thursday. “GaN-based […]

Cubic Corp. [CUB] on Wednesday said it combined its defense operations into one new segment as part of a new profitability initiative designed to achieve millions of dollars in annual […]

The UK Ministry of Defence (MoD) chose Leidos [LDOS] as the preferred bidder for the Logistics Commodities and Services (Transformation) (LCS(T)) program, both the company and the ministry said today. […]