Business/Financial

TASC Inc., yesterday said that it has been re-appraised at the highest industry standard for software and systems development and management, allowing it to offer its customers a high level […]

General Dynamics [GD] yesterday said in concert with the Army and the union, it plans to furlough 82 workers on the tank line at the Lima Army Tank plant in […]

MBDA yesterday said it had another Aspide 2000 success in Kuwait, reaffirming the missiles’ status as a reliable interceptor. The Aspide 2000 has a RF seeker and over 25 km […]

With a $1 million prize in the offing, more than 700 participants flexed their fingers yesterday and began collaborating in more than 150 teams to design the mobility and drive […]

Northrop Grumman [NOC] yesterday said it has a new variant of the current All Semiconductor Airborne Laser Threat Terminator (ASALTT™) product line that will house a high brightness and high […]

Boeing [BA] yesterday said it will reduce its manufacturing footprint and employee count at several defense electronics facilities in El Paso, Texas, in response to expected defense budget cuts. Boeing […]

ManTech International [MANT] yesterday said it has acquired ALTA Systems, Inc., a provider of information technology (IT) and professional services, a deal that expands its presence in the federal healthcare […]

GenCorp Inc. [GY] said Tuesday evening that it is preparing to sell its Liquid Divert and Attitude Controls (LDACS) businesses to comply with federal antitrust requirements as part of the […]

The Justice Department (DoJ) yesterday gave commercial satellite imager DigitalGlobe [DGI] antitrust clearance in connection with its pending merger with GeoEye (GEOY), according to a DoJ spokeswoman. In an internal […]

Military and commercial specialized vehicle maker AM General yesterday said that John Ulrich, a former executive with a division of General Dynamics [GD], will join the company on Jan. 14 […]