Business/Financial
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Business/FinancialBoeing Sees H-47 Fleet Growing In Future Years
MIDDLETOWN, Del.–There are 830 Boeing [BA] H-47 Chinook heavy-lift helicopters in national inventories around the world, and more are expected to be added to the fleet over time, company executives […]
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Business/FinancialEverything But Kitchen Sink Weighs On Second Quarter Results At SAIC
The ongoing federal budget sequester, protested award decisions, troubled programs, ongoing plans to separate into two companies, an impairment charge related to a three-year old acquisition, and the drawdown of […]
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Business/FinancialSAIC Officials See Dramatic Slowdown In Contract Award Timing Due To Uncertainties
The time it is taking for government contracting officials to award contracts after proposals have been submitted is nearly 60 percent longer than a year ago no matter the size […]
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Business/FinancialCisco Acquisition Of Sourcefire Clears One Hurdle
Network security platform provider Sourcefire [FIRE] yesterday said the government’s Hart-Scott-Rodino review period for its pending acquisition by information technology network supplier Cisco [CSCO] has been terminated, satisfying one of […]
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Business/FinancialSaab Unit Acquires UUV Component Manufacturer
Sweden’s Saab yesterday said its Seaeye subsidiary has acquired Britain’s Hydro-Lek Ltd., a manufacturer of components used in unmanned underwater vehicles (UUVs), strengthening its portfolio of products in the remotely […]
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Business/FinancialSparton Completes Purchase Of Aydin Displays
Sparton Corp. [SPA] yesterday said that it has completed its acquisition of Aydin Displays, Inc., a developer and manufacturer of flat panel displays and touch-screen solutions in the military, aerospace […]
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Business/FinancialRockwell Collins To Sell Optical Systems Business
Rockwell Collins [COL] on Friday said it has agreed to sell its Kaiser Optical Systems subsidiary to Switzerland’s Endress+Hauser as part of a strategy to focus on growth area in […]
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Business/FinancialNorthrop Grumman To Acquire Qantas’ Defense Services Business
Northrop Grumman [NOC] on Wednesday said it has agreed to acquire the defense services business of Australia’s Qantas Airways Limited, expanding its capabilities and footprint in Australia. Northrop Grumman will […]
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Business/FinancialNIST Begins To Beef Up Cybersecurity Framework In Latest Draft
Building on stakeholder inputs from a workshop in San Diego last month, the National Institute of Standards and Technology (NIST) this week released the latest iteration of a draft Cybersecurity […]
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Business/FinancialVerizon Sees Jump In Cloud Service Customers
Verizon [VZ] reported a major increase in customer use of its cloud computing services in the past 18 months, according to a company report released on Thursday. Locations of Verizon […]