Business/Financial
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Business/FinancialDefense Firms Largely Noncommittal On WARN Notices
Some of the nation’s largest military contractors told lawmakers they are struggling to determine if they should issue layoff warnings to employees in advance of potential across-the-board Pentagon budget cuts […]
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Business/Financial
UTC Maintains 2012 Guidance
Meeting with investors last Friday, United Technologies Corp. [UTX] said that it is maintaining its financial guidance for 2012. The company expects earning this year between $5.25 and $5.35 per […]
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Business/Financial
Sequestration Report Delayed, Expected Late This Week
The White House missed a deadline for sending Congress a report on so-called sequestration budget cuts last week, but said it will deliver the document in the coming days. Republicans […]
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Business/Financial
Boeing Extends Agreement With Dassault Systèmes For PLM Solutions
Boeing [BA] and French company Dassault Systèmes said they signed a five-year agreement to extend the use of Dassault Systèmes’ Product Lifecycle Management (PLM) platform and applications in Boeing’s commercial […]
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Business/Financial
GD Introduces New Security Management Platform, Customer Integration Labs
General Dynamics [GD] yesterday announced a new software solution for the security management community that can integrate third party sensors and technologies into a common operating picture that is scalable […]
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Business/Financial
TASC Creates COO Role, Names Hynes To Position
TASC, Inc. yesterday said that effective immediately it has promoted John Hynes to executive vice president and chief operating officer (COO), a new role where he will be focused on […]
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Business/Financial
EADS Completes Appointments To Executive Committee
The European Aeronautic Defence and Space Co. (EADS) yesterday announced the members of its new Group Executive Committee that was created in May and will focus on the company’s strategic […]
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Business/Financial
Professional Services Firm ECS Acquires Ilumina Solutions
Electronic Consulting Services (ECS) has acquired the government and commercial information technology company Ilumina Solutions, giving its expertise in enterprise resource planning (ERP). Terms of the deal were not disclosed. […]
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Business/Financial
Israel MoD Awards Honeywell Joint Venture $735 Million Engine Contract
International Turbine Engine Company LLC, a joint venture between Honeywell [HON] and Taiwan’s Aerospace Industrial Development Corp., has received a $735 million contract from the Israel Ministry of Defense to […]
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Business/Financial
Imminent Sequestration Report May Not Provide Minute Detail On DoD Cuts
The White House is poised to send Congress a report on how so-called sequestration budget cuts would be implemented, a document the Pentagon’s top weapons buyer implied yesterday will not […]