Business/Financial

General Dynamics [GD] C4 Systems said its new TACLANE®-1G (KG-175G) encryptor is now certified by the National Security Agency (NSA) to secure classified information at the Top Secret level and […]

BAE Systems yesterday said it received a $27 million contract to complete construction of a state-of-the-art and energy-saving chemical processing facility at the Holston Army Ammunition Plant in Tennessee. The […]

Drew Marine, a portfolio company of the private equity firm J.F. Lehman & Company, yesterday said it has acquired marine products distributor Alexander/Ryan Marine & Safety to boost its growth […]

Cubic Corp. [CUB] on Friday named William Boyle, who previously was the company’s interim CEO and its chief financial officer, as the permanent CEO. Boyle, 78, became interim CEO in […]

L-3 Communications [LLL] this week posted slightly higher sales in its fourth quarter due to acquisitions but net income fell due to a difficult comparison from a year ago when […]

The private equity firm The Carlyle Group [CG] yesterday said its portfolio company Dynamic Precision Group has acquired Paradigm Precision Holdings, a provider of highly engineered components for turbine engines […]

The expected merger between commercial satellite imagers DigitalGlobe [DGI] and GeoEye (GEOY) finalized yesterday. The combined company, to be known as DigitalGlobe, has a market capitalization of $2.1 billion, based […]

ITT Exelis [XLS] yesterday said it has completed its $16.8 million acquisition of Australia’s C4i Pty. Ltd from the Longreach Group Limited, boosting its presence in Australia and bolstering its […]

Singapore Technologies Engineering Ltd (ST Engineering) yesterday said it has received a contract from Singapore’s Ministry of Defense (MINDEF) to design and build eight new vessels.  Under the contract, the […]

Boeing [BA] yesterday reported a sharp drop in fourth quarter earnings due to an unfavorable comparison with a year ago when the company benefited from a large tax benefit but […]