Business/Financial

Moog Inc. [MOG] yesterday said it has acquired Britain’s Tritech International for $33.3 million in cash boosting its marine product portfolio. Tritech supplies equipment for the remotely operated vehicle and […]

The Army last night awarded AM General, Lockheed Martin [LMT] and Oshkosh (OSK) contracts totaling about $185 million for the engineering and manufacturing development (EMD) phase of its planned family […]

Accenture Federal Services [ACN] yesterday said the company completed deployment of the General Fund Enterprise Business System (GFEBS) in July, and the enterprise resource planning system is now operational. The […]

The Department of Homeland Security’s (DHS) program that uses biometrics to verify the identities of foreign nationals seeking to enter the United States continues to expand and grow in complexity, […]

Six competitors are awaiting the potential award of as many as three engineering and manufacturing development (EMD) contracts for the planned Army-Marine Joint Light Tactical Vehicle (JLTV) program. The goal […]

Canada’s CGI Group [GIB] yesterday said it has completed its $2.7 billion acquisition of Britain’s Logica in a deal that expands its presence in the Americas, Europe and Asia and […]

Harris [HRS] yesterday said retired Army Gen. Peter Chiarelli has been appointed to its Board of Directors, effective immediately. Chiarelli, who served for almost 40 years, was Army Vice Chief of […]

Army engineers are taking a look at robotic systems, including Lockheed Martin’s [LMT] Squad Mission Support System (SMSS), to see if they can conduct counter-improvised explosive devices (IED) missions, something […]

Eaton Corp. [ETN] yesterday said it has been selected by the Defense Logistics Agency (DLA) to provide Arc-Alert™ aircraft fault-protection technology as part of a military retrofit program. The value […]

The Defense Department awarded Accenture [ACN] a two-year contract to identify ways that will improve supply chain forecasting techniques throughout the military, according to a company statement. Accenture said it […]