Business/Financial
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Business/FinancialCurtiss-Wright Acquires Rugged Computing And Network Systems Provider Parvus
Curtiss-Wright Corp. [CW] yesterday said it has acquired Parvus corp. for $38 million in cash, a deal that gives it a position in the rugged computing systems space for defense […]
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Business/Financial
Safariland Group Acquires Tactical Communications Industries
Safariland Group yesterday said it has acquired Tactical Command Industries, Inc. (TCI), a provider of tactical communication headset systems, adding to its growing portfolio of industry brands serving the public […]
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Business/Financial
ORBCOMM Acquires Asset Tracking Operations From Comtech
ORBCOMM Inc. [ORBC] yesterday said it has acquired the secure tracking and messaging product business from Comtech Mobile Datacom Corp., supporting its strategy to strengthen its position as a leading […]
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BudgetCarter Unveils New Collaboration Opportunities Between U.S., Indian Defense Industries
Deputy Defense Secretary Ashton Carter yesterday unveiled several new initiatives to boost technology co-production and co-development rather than just simple sales. Top on Carter’s list of new initiatives is an […]
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Business/Financial
L-3 In Partnership To Pursue Weather Radar Opportunities
Building on an existing partnership, L-3 Communications [LLL] yesterday said it has signed a strategic collaboration agreement with Baron Services Inc. to pursue opportunities in weather radar systems in the […]
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Business/Financial
TSA Awards Leidos Support Contract; Rapiscan Nabs Winner-Take-All X-Ray Award
The Transportation Security Administration (TSA) last week awarded Leidos [LDOS] a potential five-year, $442.5 million contract to provide integrated logistics support for checkpoint security equipment at airports nationwide. Work under […]
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Business/Financial
Lockheed Martin Boosts Dividend, Share Repurchase Program
Lockheed Martin [LMT] yesterday said it is increasing its quarterly dividend and stock buyback program as part of its effort to return value to its shareholders. The company said its […]
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Business/Financial
Army Selects Harris For The First Mid-Tier Networking Radios
The Army Sept. 24 awarded Harris [HRS] Indefinite-Delivery, Indefinite Quantity contract for the first mid-tier networking vehicular radios (MNVR), over competitors General Dynamics [GD], BAE Systems and Raytheon [RTN]. Photo: […]
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Business/Financial
Rockwell Expects Earnings, Sales To Dip In 2014
Rockwell Collins [COL] on Friday introduced financial guidance for 2014 with the declines paced by continued constraints on government spending, partially offset by growth in avionics for commercial aircraft. The […]
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Business/Financial
General Dynamics To Convert More Abrams Tanks For Saudi Arabia
General Dynamics [GD] Land Systems unit yesterday said it has been awarded $187.5 million to convert 44 M1A1 and 40 M1A2 Abrams tanks to the Saudi M1A2 (M1A2S) configuration for […]