Business/Financial
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ArmyAffordability Key In Upcoming Biometrics Procurements, Army Officials Say
FORT BELVOIR, Va.—Cost effective solutions with an emphasis on affordability will be crucial in two forthcoming acquisitions of a biometric information system and tactical devices that in themselves will help […]
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Business/FinancialAccenture To Acquire ASM Research To Expand Defense, Federal Health Business
Accenture [ACN] yesterday said it has agreed to acquire ASM Research, an information solutions and services firm serving the Defense Department and other federal customers. Terms of the deal were […]
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Business/FinancialLockheed Martin Names New Chief For Skunk Works
Lockheed Martin [LMT] yesterday named Rob Weiss to lead the company’s Aeronautics Advanced Development Programs (ADP), also known as the Skunk Works. Weiss previously led Advanced Strike and Intelligence, Surveillance […]
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Business/FinancialSmartronix Acquires Business Unit Of Wyle
Smartronix yesterday said it has acquired the Telemetry and Data Systems business unit of the aerospace engineering and information technology services company Wyle. Terms of the deal were not disclosed. […]
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Business/FinancialGD Wins CBP Program To Install Cameras On Southwest Border
Customs and Border Protection (CBP) has awarded General Dynamics [GD] a potential 10-year, $96.4 million contract to provide day and nighttime cameras for use along portions of the nation’s southwest […]
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Business/FinancialGeneral Dynamics UK Awarded $68.8 Million Radio Support Contract
The U.K. Ministry of Defense Wednesday said it awarded a $68.8 million maintenance contract to General Dynamics [GD] UK for the Armed Forces Bowman radio system. PRC-152 UHF in Tactical […]
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Business/FinancialU.S. Transfers First F-35 Test Aircraft To The Netherlands
The United States yesterday transferred the first of two Dutch F-35 test aircraft to the Netherlands Ministry of Defense. F-35 Photo: Netherlands MoD The aircraft was the first Conventional […]
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Business/FinancialInternational Business Helps Raytheon Post Higher Sales, Earnings
Raytheon [RTN] yesterday reported solid second quarter results, posting increases in sales and earnings due to growing international sales, operational improvements and capital deployment actions. Net income increased nearly 4 […]
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Business/FinancialGDNexus Releases First Need Statements To Connect Customers With New Capabilities
GDNexus, the online community of technology providers created earlier this month by General Dynamics [GD] Advanced Information Systems, released details of the first three requirements-driven Need Statements for registered members. […]
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Business/FinancialL-3’s Net Income Declines But Stock Repurchases Boost Per Share Earnings
L-3 Communications [LLL] yesterday reported a drop in second quarter net income but its per share earnings rose as stock repurchases lowered the overall share count, which led to better […]