Business/Financial

Customs and Border Protection (CBP) this week issued a Request for Proposals from small businesses for the Mobile Video Surveillance System (MVSS), which would consist of a day/night surveillance capability […]

Britain’s Rolls-Royce yesterday said it has acquired California-based Hyper-Therm High Temperature Composites Inc., a producer of ceramic matrix composites (CMCs), which are expected to become the industry standard in the […]

CACI International [CACI] yesterday posted lower net income and sales in its third quarter due to the draw down of war operations in Afghanistan, the effects of sequestration, and higher […]

The Coast Guard yesterday said it has awarded Huntington Ingalls Industries [HII] a $487.1 million contract for construction of the sixth National Security Cutter, which will be built at the […]

SRA International yesterday said it has received a potential five-year, $30 million contract to support an Army program that tracks the shipments of Defense Department assets using radio frequency identification […]

Raytheon [RTN] recently won a three-year, $35.6 million contract from the Pentagon’s Defense Threat Reduction Agency (DTRA) to provide an integrated surveillance solution for about 250 kilometers of Jordan’s land […]

After 13 years at the helm of FLIR Systems [FLIR], the company on Friday said that Earl Lewis will retire next month as president and CEO and will be succeeded […]

Basically in line with its peers, Raytheon [RTN] yesterday posted higher first quarter earnings amid flat sales, as an extension of the federal research and development tax credit combined with […]

Defense Secretary Philip Hammond told Parliament yesterday that a year-long assessment phase has begun that is expected to lead to reform of the Ministry of Defense’s (MoD) equipment and support […]

L-3 Communications [LLL] yesterday posted higher net income thanks to the reinstatement of the federal research and development tax credit as the company’s operating income actually fell due to a […]