Business/Financial
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Air ForceKendall Directs Prototyping Effort To Maintain Design Capacity
The Pentagon’s acquisition chief has directed the Defense Advanced Research Projects Agency (DARPA) lead an effort to design a high performance aircraft that would lead to a working prototype to […]
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Business/FinancialKEYW Acquires Rsignia, Giving It Key Technology For Commercial Cyber Product Launch
KEYW Corp. [KEYW] yesterday said it has acquired the small cyber security technology firm Rsignia, Inc., a deal that completes the company’s effort to bring in house the key technologies […]
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Business/FinancialU.K. Environmental Consulting Firm Spins Off U.S. Operation
Britain’s AEA Technology Group earlier this month divested its United States-based consulting firm Eastern Research Group (ERG) that provides services to a number of U.S. government customers including the Environmental […]
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Business/FinancialPrecision Castparts To Acquire Aerostructures Firm Synchronous Aerospace
Precision Castparts [PCP] yesterday said it has agreed to acquire Synchronous Aerospace Group as it continues to expand its aerostructures capabilities. Terms of the deal, which is expected to close […]
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Business/FinancialU.K. Power Systems Company Initiates U.S. Operations, Part of Global Expansion
Merlin Equipment, the U.K. power systems specialist, said it has completed a multi-million dollar investment in its business, kick starting a global expansion plan. Merlin will open headquarters in Hampton […]
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ArmyU.K. Orders Additional Foxhound Vehicles From General Dynamics
General Dynamics [GD] Land Systems yesterday said it has received a $73.6 million award for an additional 51 Foxhound vehicles from the United Kingdom Ministry of Defense for the British […]
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ArmyArmy Releases RFI On HMS Manpack Radio
The Army Nov. 21 released a Request for Information (RFI) for the Handheld, Manpack, Small Form It (HMS) Manpack radio. The RFI issued by the Program Executive Office for Command, […]
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Business/FinancialAerojet Signs Supplier Agreement With Arrow Electronics
Aerojet last week said it has signed a multi-year master agreement with Arrow Electronics [ARW] to supply about 65 percent of the company’s electronic component requirements as it consolidates its […]
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Business/FinancialPanetta: Beltway Gridlock Threatens National Security
Defense Secretary Leon Panetta said Washington lawmakers’ inability to resolve thorny issues, like thwarting unpopular defense budget cuts, is threatening this country’s security. “One of the national-security threats is the […]
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Business/FinancialGE Aviation Acquires Two Firms To Boost Engineering And Manufacturing Capabilities
General Electric [GE] yesterday said its GE Aviation division has acquired Morris Technologies and its sister company Rapid Quality Manufacturing to boost its engineering and manufacturing capabilities to meet growing […]