Business/Financial
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Business/FinancialGeneral Dynamics Unveils Leadership Changes At Shipyards
General Dynamics [GD] has announced changes in leadership at two key Navy shipbuilding yards. General Dynamics is a builder of Navy destroyers. Photo by General Dynamics. Jeffery Geiger, the president […]
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ArmyLockheed Martin Discusses MEADS With Poland To Modernize Air And Missile Defenses
Lockheed Martin [LMT] has discussed with Poland the possibility of procuring the Medium Extended Air Defense System (MEADS) to fulfill that nation’s priority to modernize its air and missile defense […]
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Business/Financial
‘New’ SAIC Sees More Headroom To Expand Business Post Spinoff
The size of the addressable business market for the new Science Applications International Corp. [SAIC] will expand by about $25 billion once the company completes its spinoff from the current […]
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Business/Financial
Northrop Grumman CEO Says Defense Contractors Should Remain Separate From Commercial Industry
NATIONAL HARBOR, Md.—Northrop Grumman [NOC] CEO Wes Bush said yesterday the defense industry needs to stick to its knitting despite suggestions that Pentagon contractors should capitalize on commercial opportunities to […]
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Business/Financial
Esterline Names Former UTC Aircraft Systems Exec Reusser As New CEO
Esterline Corp. [ESL] last week named Curtis Reusser as its next president and CEO, succeeding Brad Lawrence who will remain executive chairman of the board until March 2014. Incoming Esterline […]
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Business/FinancialHEICO To Acquire Small Satellite Component Maker
HEICO Corp. [HEI.A] yesterday said it has agreed to acquire Lucix Corp., a small manufacturer of components used on commercial and military satellites, adding to its existing satellite and space […]
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Business/Financial
Coast Guard Narrows Candidates For Next Cutter, Delays Design Award
The Coast Guard yesterday said it has decided to hold discussions with bidders that remain in the competitive range for designing the service’s next major cutter, a move that will […]
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Business/Financial
SAIC’s Board Approves Split Later This Month
SAIC [SAI] yesterday said its board of directors has approved the long-planned spinoff of its technical, engineering and enterprise information technology services business after the market close on Sept. 27, […]
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Business/Financial
ATK Expanding Sporting Portfolio In Big Way With Bushnell Acquisition
ATK [ATK] yesterday said it has agreed to acquire Bushnell Group Holdings for $985 million in cash, a global provider of hunting and sports optics and other outdoor accessories, adding […]
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Business/FinancialDynamic Precision To Acquire Manufacturing Facilities From Unison Engine
The private equity firm The Carlyle Group [CG] yesterday said its portfolio company Dynamic Precision Group has agreed to acquire eight aerospace component manufacturing and machining facilities from a subsidiary […]