Business/Financial

Navistar Defense LLC, a key supplier to the Afghan National Army (ANA) and Afghan National Police (ANP), has received a $23 million urgent delivery order from the U.S. Army TACOM […]

Alenia Aermacchi yesterday said the board of directors of its United States-based division has appointed Benjamin Stone as the new president and CEO of Alenia Aermacchi North America. Stone replaces […]

The Pentagon plans to continue a new effort to support small defense companies, if needed, to ensure the government retains the critical capabilities they uniquely provide. Brett Lambert, the deputy […]

Curtiss-Wright Corp. [CW] yesterday said it is changing the name of its Metal Treatment segment to Surface Technologies to better reflect the breadth and direction of the businesses’ operating activities.  […]

Beechcraft, formerly known as Hawker Beechcraft, formally emerged from Chapter 11 bankruptcy in time for the Air Force’s Light Air Support source selection, which is expected to take place Friday. […]

Oshkosh Corp.’s [OSH] Defense unit last week revealed its Light Combat Tactical All-Terrain Vehicle (L-ATV) utility variant for the Joint Light Tactical Vehicle (JLTV) program. The L-ATV utility variant fills […]

Orbital Sciences Corp. [ORB] yesterday reported lower net income in its fourth quarter despite record sales but lowered its sales and earnings guidance for 2013 due to an uncertain federal […]

Despite a significant outreach effort by the Obama administration to garner industry input into a new cyber security directive that was issued this week that would create voluntary practices and […]

General Dynamics [GD] yesterday said that Gerard DeMuro, the long-time head of its Information Systems and Technology (IS&T) group, is stepping down on Feb. 28 to pursue professional opportunities elsewhere. […]

United Technologies [UTX] yesterday said it has completed the sale of its UTC Power fuel cells unit to ClearEdge Power, part of the company’s ongoing transformation to focus on its […]