Business/Financial
-
ArmyGeneral Dynamics To Produce, Support More Hydra-70 Rockets
General Dynamics [GD]’s Armament and Technical Products unit yesterday said it recently was awarded two Army contracts including $210.4 million for the production of Hydra-70 air-to-ground rockets and $13.5 million […]
-
Business/FinancialHuntington Ingalls’ Profits Fall On Higher Expenses As Sales Rise
Huntington Ingalls Industries [HII] yesterday reported lower fourth quarter net income due to higher workers compensation and tax expenses while sales increased due to gains at both of the company’s […]
-
Business/Financial
NASSCO Issues Hundreds Of Layoff Notices
The National Steel and Shipbuilding Company (NASSCO), which builds and maintains Navy ships, has informed hundreds of workers that they could start losing their jobs by the end of April […]
-
Business/Financial
Report Says Defense Acquisition Must Balance Effectiveness, Efficiency
In this period of transition between conflict and peace, defense acquisition and sustainment must find the balance between effectively supporting warfighters and the demand for more efficiency, a new report […]
-
Business/Financial
SAIC Announces Names For Planned New Companies
SAIC [SAI] yesterday announced the names for the new companies that are expected to emerge when the company splits into two publicly traded companies in the latter half of its […]
-
Business/Financial
Boeing Acquires Business That Provides Information Security For Onboard Systems
Boeing [BA] last Friday said it has acquired a business unit from CPU Technology Inc. that makes microprocessors that provide cyber security protection to onboard mission critical systems. Terms of […]
-
Business/Financial
O’Gara Group Completes Acquisition Of BAE’s Commercial Armored Vehicle Unit
The O’Gara Group yesterday said it has completed its acquisition of the commercial armored vehicle division and transparent armor business of Britain’s BAE Systems, reuniting O’Gara with its original business. […]
-
Army
Textron Introduces Two New Commando Vehicles At IDEX
Textron Marine & Land Systems [TXT] introduced two vehicles to its Commando™ family of vehicles–the Select Mortar Vehicle and the Utility Baserunner–at the International Defense Exhibition and Conference (IDEX 2013. Designed […]
-
Business/Financial
CACI Makes Abrupt Change At Top To Focus On Winning New Business
Facing a period of constrained government spending and increased competition, CACI International [CACI] on Tuesday said it has appointed Kenneth Asbury as the company’s top executive to put a focus […]
-
Army
Oshkosh Defense Debuts TerraMax Tech To International Community
Oshkosh Defense [OSK] drew back the curtain for the international debut of its Oshkosh TerraMax™ unmanned ground vehicle (UGV) technology, which is available to support militaries globally and demonstrated at […]