Business/Financial

ITT Exelis [XLS] on Monday said it has agreed to acquire C4i Pty. Ltd, an Australian company that develops and provides communications software for air traffic management systems and mobile […]

In a statement to India’s lower house of parliament, Defense Minister AK Antony Dec. 5 acknowledged that in the Indian Air Force procurement for 15 heavy-lift helicopters, the U.S. Boeing […]

SAIC [SAI] on Wednesday said it had swung to a profit in its third quarter compared to a year ago when the company took a hefty charge related to a […]

CACI International [CACI] this week said it is creating two new business groups to better focus attention in the federal healthcare, investigative and litigation support areas and its business systems […]

LMI Aerospace, Inc. [LMIA] yesterday said it has agreed to acquire Valent Aerostructures, LLC, for $237 million in a deal that expands its work on existing aircraft and enables it […]

Northrop Grumman [NOC] has launched its Northrop Grumman Innovation Network, a new Web-based environment the company intends to encourage and reward challenge-driven innovation and solution collaboration, with the initial focus […]

BAE Systems yesterday said it has received initial $81 million contract funding from Lockheed Martin [LMT] to begin production of 143 infrared seekers for the Terminal High Altitude Area Defense […]

The board of directors of General Dynamics [GD] yesterday declared a regular quarterly dividend of 51 cents per share on the company’s common stock, payable December 26 to shareholders of […]

Some defense contractors would be required to quickly alert the government when their computer systems are hacked under a provision in the Pentagon policy bill the Senate passed Tuesday. Senate […]

AeroVironment [AVAV], a developer and manufacturer of small unmanned aircraft systems (UAS) that can be hand-launched, this week said it has made a $3 million investment in the Swedish UAV […]