Business/Financial
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Air ForceHarris Corp. Receives JTRS Certification For Falcon III Radio
Harris Corp.[HRS] Friday said it has received Joint Tactical Radio System (JTRS) Certification for its Falcon III® AN/PRC-117G multiband manpack radio operating Soldier Radio Waveform (SRW) v1.01.1. “JTRS certification is […]
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ArmyATK’s XM25 System Closer To Fielding
ATK [ATK] yesterday said it received a $16.8 million engineering and manufacturing development contract modification from the Army’s Program Executive Office (PEO) Soldier for its XM25, Individual Semi-Automatic Airburst System. […]
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Business/FinancialGeoEye CEO: Increased Government Imagery Demand ‘Swamped’ Diversification Effort
GeoEye’s CEO said increased U.S. government demand for satellite earth imagery “kind of swamped” the company’s effort to diversify its business with more commercial and international income. “I think one […]
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Business/FinancialBAE, EADS Confirm Discussion On Potential Merger; Say U.S. Would Benefit
Two of the world’s largest aerospace and defense contractors, Britain’s BAE Systems and the European Aeronautic Defence and Space Co. (EADS), yesterday confirmed that they are in discussions about a […]
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Business/FinancialWhite House Threatens To Veto House Sequestration Bill
The White House threatened to veto a bill taking aim at so-called sequestration budget cuts that the Republican-led House plans to debate today. The National Security and Job Protection Act, […]
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Business/FinancialEngility To Realign Organizational Structure
Technical and professional services firm Engility Holdings [EGL] yesterday said it plans to realign its organizational structure at the start of 2013 to streamline operations and improve its competitiveness and […]
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Business/FinancialSikorsky, PZL Mielec, Sign Agreement With Poland’s Principal MRO Company
Sikorsky Aerospace Services (SAS) [UTX] and PZL Miele, which produce S-70i™ Black Hawk helicopters in Poland, said they signed a Letter of Intent with Poland’s principal maintenance, repair and overhaul […]
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Business/FinancialGD Adds To Broadband Business With Acquisition Of Open Kernel Labs
Further bolstering its new broadband business unit, General Dynamics [GD] on Monday said it has acquired Open Kernel Labs Inc., a designer and provider of software that enables secure computing […]
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Business/FinancialNorthrop Grumman Unit Executes Teaming Agreement With Brazilian Firm
Northrop Grumman [NOC] yesterday said it has executed a teaming agreement with Flight Technologies Sistemas S/A to develop national security technologies for Brazil. Northrop Grumman’s Overseas Service Corporation and Flight […]
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Business/FinancialSambur Appointed President, CEO Of Burdeshaw Associates, Ltd.
Marvin Sambur has been named president and chief executive officer of Burdeshaw Associates, Ltd. (BAL), according to a company statement. Sambur will replace retired Army Gen. William Hartzog, who the […]