Business/Financial

France’s Thales on Monday said it has signed a definitive agreement to acquire the Helmet Mounted Display (HMD) and motion tracking businesses from the privately-owned Gentex Corp. For Thales, the […]

BCF Solutions, Inc., has acquired the RedBlack Communications business unit from Ultralife Corp. [ULBI], doubling its manufacturing capacity and adding new customers and capabilities in communications and electronics systems integration. […]

SAIC [SAI] yesterday said it has chosen the key leaders for the two new companies that will be created next year following its planned separation into two independent, publicly traded […]

One senator and eight members of the House from Missouri have written the top DoD acquisition official asking for another look at what appears to be a recently changed Multiple […]

Sandia National Laboratories yesterday said it has signed a pair of cooperative research and development agreements (CRADAs) with Northrop Grumman [NOC] and General Electric [GE] that could broadly add to […]

Team Aberdeen Proving Ground (APG) will host the first installation-wide Advance Planning Briefing for Industry (APBI) Dec. 4-6. At this event, on specific days Team APG will provide networking opportunities […]

ITT Exelis [XLS] on Friday posted lower income and sales in its third quarter due to lower volume across its two business segments with the results basically in line with […]

Rep. Roscoe Bartlett (R-Md.), one of the more technologically savvy lawmakers who oversees the Pentagon, could be voted out of office Tuesday, even as the defense industry tries to keep […]

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 […]

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 […]