Business/Financial

A joint French and Italian crew March 6 operating two French Air Force Surface-To-Air-Missile Platform/Terrain (SAMP/T) units successfully scored in a test against a ballistic missile threat, for the first […]

Beechcraft protested with the Government Accountability Office (GAO) Friday the Air Force’s recent award of a $427 million contract to Sierra Nevada Defense Corp. (SNC) to provide 20 of Brazilian […]

MD Helicopters Inc. (MDHI) this week said its new MD 540F, a candidate for any potential Army Armed Scout Helicopter program, successfully completed the first phase of live fire exercises. […]

  Drawing from its bench, General Dynamics [GD] yesterday said it has appointed David Heebner, who is currently in charge of the company’s Combat Systems group, to become head of […]

BAE Systems this week said it has been awarded a $43 million cooperative agreement extension to lead the Army Research Laboratory’s (ARL) Micro Autonomous Systems and Technology (MAST) Collaborative Technology […]

Former Homeland Security Secretary Tom Ridge and former White House Cyber Security Czar Howard Schmidt have launched a new consulting firm that provides strategic and advisory services to executives in […]

General Dynamics [GD] yesterday said it will increase its quarterly dividend by 10 percent, upping the payment to stockholders to 56 cents per share. The current dividend is 51 cents […]

The Safariland Group yesterday said it has acquired certain assets from Lithuania’s Arveka TGS, a designer and manufacturer of body armor and personal protection equipment, growing its international business and […]

Northrop Grumman [NOC] yesterday said it is designating five centers of design and integration excellence in support of manned aircraft, unmanned systems, electronic attack, and two for aircraft integration. The […]

ITT Exelis [XLS] on Friday posted a jump in net income due to the absence of any significant costs related to its spin-off as a public company more than a […]