Business/Financial
-
ArmyLockheed Martin Tops L-3, DynCorp, For Army Helo Maintenance
Lockheed Martin [LMT] yesterday said it prevailed over incumbents L-3 [LLL] and Dyncorp International as it received an aircraft maintenance and logistics contract with an initial funding value of $5 million […]
-
Business/FinancialDynCorp, Sierra Nevada Form Service Alliance For Fixed-Wing Aircraft
DynCorp International and Sierra Nevada Corp. (SNC) yesterday said they have established a strategic alliance to provide mission critical services to customers worldwide. The companies are jointly establishing a Fixed-Wing […]
-
Business/FinancialITT Exelis Receives NSA Certifications For SideHat and Soldier Radio-Rifleman Radios
ITT Exelis [XLS] yesterday said it received National Security Agency (NSA) certifications for its SideHat and the Soldier Radio-Rifleman (SR-R) radios. These certifications allow the radios to operate up to […]
-
Business/FinancialATK Completes Acquisition Of Gun Maker Caliber
ATK [ATK] yesterday said it has completed its $315 million acquisition of Caliber Company, providing it with a line of sporting guns to add to its Sporting Group segment. Caliber […]
-
Business/FinancialBritish Defense Exports Show Largest Increase In Five Years In 2012
New figures published by the U.K. Trade and Investment’s Defense and Security Organization (UKTI DSTO) show that United Kingdom defense exports totaled approximately $13.6 billion over the past year, a […]
-
Business/FinancialOSI Systems Avoids Disbarment In Body Scanner Settlement With DHS
OSI Systems [OSIS] said last Friday that it has reached a settlement with the Department of Homeland Security (DHS), allowing the company to avoid disbarment from federal contracting after an […]
-
Business/Financial
ULA Let RD AMROSS Engine Exclusivity Deal Lapse For 2.5 Years, Orbital Says
United Launch Alliance (ULA) let an exclusivity agreement with Russian rocket engine provider RD AMROSS expire two-and-a-half years before renewing it in the late 2000s, a direct reaction to Orbital […]
-
Business/FinancialDeb Alderson Named CEO Of Sotera
Sotera Defense Solutions yesterday said that Deborah Alderson will be its new president and CEO, succeeding John Hillen who is becoming vice chairman of the company’s advisory board. Alderson, who […]
Tagged in: -
Business/Financial
TransDigm To Acquire GE Aviation Business Unit
TransDigm [TDG] on Friday said it has agreed to acquire a business of General Electric’s [GE] Aviation division that supplies motion control subsystems for civil and military aircraft. Global Hawk […]
-
ArmyMerlin Launches Voodoo Solar Tracking System
Merlin Power Systems launches Voodoo, which it calls an adaptable, affordable power supply system, at the U.K. Ministry of Defense’s Defense Vehicle Dynamics (DVD) 2013 event last week. Voodoo Solar […]