Business/Financial
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Business/FinancialSenators See Clashing Ways To Advance Cybersecurity Proposals
Senators are offering clashing proposals for moving forward with stalled cybersecurity legislation as President Barack Obama weighs going around Congress and creating measures for businesses to better protect their networks. Senate supporters of […]
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ArmyBAE Systems To Upgrade 353 National Guard Bradley Fighting Vehicles
BAE Systems yesterday said it received a $306 million contract modification to upgrade 353 Bradley Fighting Vehicles now in three different versions to one version, the Operation Desert Storm Situational […]
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Business/Financial
Northrop Grumman Signs Mentor/Protege Agreement With Juno Technologies
Northrop Grumman [NOC] yesterday said it has signed a Defense Department Mentor-Protégé agreement with Juno Technologies, a teammate on Northrop Grumman’s Consolidated Afloat Networks and Enterprise Services (CANES) program. CANES […]
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Business/Financial
Ryan’s Spot On GOP Ticket Could Sway Defense Spending
Rep. Paul Ryan’s addition to the Republican presidential ticket could sway Pentagon funding depending on the results of the November election, experts said. Ryan, the Wisconsin Republican whom presidential candidate […]
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Business/Financial
CBP Awards SRC $100 Million For Radar to Track Low, Slow Fliers
Customs and Border Protection (CBP) has awarded a $100 million contract to SRCTec for an aerial surveillance radar that can detect and track small, low and slow moving aircraft that […]
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Business/Financial
ATK Opens With Flat First Quarter But Earnings Hammer Expectations
ATK [ATK] yesterday reported an essentially flat first quarter but its earnings came in well above consensus estimates due to contract completions and profit adjustments at the Army’s Radford ammunition […]
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Business/Financial
PwC Says Global M&A Activity In Aerospace And Defense Remains Slow
The pace of mergers and acquisition (M&A) activity in the global aerospace and defense sector remained slow through the first half of 2012 and is the lowest in more than […]
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Business/Financial
Newport News, Ingalls Propel HII To Strong Second Quarter
Huntington Ingalls Industries [HII] yesterday reported strong second quarter results posting double digit gains in income and sales as each of its shipbuilding segments performed well. Net income increased 25 […]
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Business/Financial
Mercury Computer Acquires Micronetics
Mercury Computer Systems, Inc. [MRCY] yesterday said it has completed its $72 million cash purchase of Micronetics, a designer and manufacturer of microwave and radio frequency components and subsystems for […]
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Business/Financial
L-3 Completes Deal For Thales Civil Aircraft Simulation Business
L-3 Communications [LLL] yesterday said it has completed its purchase of the civil aircraft training and simulation business from France’s Thales for about $130 million in cash. The new L-3 […]