Business/Financial

MBDA, Europe’s leading missile maker, yesterday said it entered a Memorandum of Understanding (MoU) with Lockheed Martin [LMT] to explore the market for using Lockheed Martinlaunchers with MBDA missiles. Under […]

Northrop Grumman [NOC] yesterday said it will increase its quarterly stock dividend by 11 percent to 61 cents per share effective June 12. The dividend currently stands at 55 cents […]

Lockheed Martin [LMT] earlier this month delivered the latest capability for the FBI’s next-generation biometric database, providing the agency with improvements in its ability to search latent fingerprints and a […]

ATK yesterday [ATK] said it has agreed to acquire Caliber Company, a parent of a company that makes rifles and shotguns for hunting and sporting customers, adding guns to its […]

Northrop Grumman [NOC] yesterday said it has signed an agreement with the Department of Homeland Security (DHS) to begin the process of becoming approved to receive classified cyber threat data […]

Cobham plc on Friday said it has acquired wireless communications systems provider Axell Wireless Limited for up to $130.5 million, expanding its portfolio of antenna products and offerings to the […]

Seeking to boost its expertise in the aerospace and defense industry, the private equity firm Blackstone [BX] yesterday said it has hired former Boeing [BA] executive Jim Albaugh as a […]

Lockheed Martin [LMT] yesterday said it successfully demonstrated its Area Defense Anti-Munitions (ADAM) system in multiple tests against free-flying Qassam-like rocket targets. ADAM System Courtesy Lockheed Martin The prototype laser system […]

Improved performance on submarine and amphibious transport ships drove first quarter profits up at Huntington Ingalls Industries [HII] despite flat sales, the company said yesterday. Net income increased 33 percent […]

HEICO Corp. [HEI.A] yesterday said it has agreed to acquire Reinhold Industries, a designer and manufacturer of niche components and composite assemblies for commercial aviation, defense and space applications, expanding […]