Business/Financial
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Business/FinancialATK’s Earnings Fall But Still Beat Expectations; Lifts Dividend And Guidance
ATK [ATK] yesterday posted a steep drop in second quarter earnings due to lower sales and higher pension expenses, although the results still crushed analysts’ expectations due to strong operating […]
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Business/FinancialL-3 Posts Lower Profits Amid Flat Sales
L-3 Communications [LLL] yesterday reported lower earnings in its third quarter due to higher expenses and lower profits from several of its operating segments while sales remained relatively unchanged. Net […]
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Business/FinancialSikorsky Expands Support To Colombian Armed Forces Black Hawk Fleet
Sikorsky [UTX] yesterday said it has expanded its support of the Colombia armed forces Black Hawk helicopter fleet by opening an office in the capital of Bogota. Also, Sikorsky will […]
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Business/FinancialCurtiss-Wright To Acquire Vehicle Controls Supplier Williams Controls
Curtiss-Wright Corp. [CW] yesterday said it has agreed to acquire Williams Controls [WMCO], a designer and manufacturer of electronic sensors and electronic throttle controls for heavy trucks, off-road equipment and […]
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Business/FinancialTextron Appoints Ellen Lord As Chief Of Textron Systems Segment
Textron [TXT] on Monday named Ellen Lord as the president and CEO of its Textron Systems segment, succeeding Fred Strader who is retiring from the company. Lord, who has been […]
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Business/FinancialFinmeccanica Now Part of Australian Government Global Supply Chain Management Program
Australia’s Minister for Defense Materiel yesterday signed a Deed to enter Finmeccanica into the Australian Government Global Supply Chain program. At the Land Warfare Conference in Melbourne, Australia, the Hon. […]
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Business/FinancialSRC Receives Patent For Innovative Radar Technology
SRC Inc., yesterday said the U.S. Patent and Trademark Office has issued the company a patent for the “Interleaved Beam Coherent Radar Apparatus and Processing Method,” an advanced radar scanning […]
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Business/FinancialFulcrum IT Acquires IT, Management Firm Corbin Company
Fulcrum IT Services, LLC, has acquired the Corbin Company, a provider of information technology (IT) services and management consulting serving the intelligence community, military healthcare, and Army sensor development. Terms […]
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Business/FinancialSenate Cyber Bill Debate Will Be Swayed By Election
The Senate’s plans for debating cybersecurity legislation before year’s end will be shaped in large part by next week’s presidential election, a senior congressional staffer said yesterday. After Defense Secretary […]
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Business/FinancialNATO Offers Potential $2.7 Billion In C4ISR Opportunities
At a Rome conference Oct. 23-25, officials from the
NATO Communications and Information (NCI) Agency updated Transatlantic Industry leaders on an estimated $2.7 billion upcoming business opportunities in C4ISR and communication […]