Business/Financial

Boeing [BA] is the first to sign on to a new policy encouraging overseas-based companies to make a firm, long-term commitment to continue business activities in the United Kingdom, the […]

The Navy’s third Littoral Combat Ship (LCS 3), the future USS Fort Worth, has begun her journey to commissioning in Texas and on to her eventual homeport of San Diego. […]

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 […]

Sweden’s Saab AB this week said it has agreed to acquire the Dutch firm HITT N.V. for $38.4 million in line with the company’s strategy to be a global leader […]

MBDA Germany yesterday said it has supplied a missile threat simulation tool to the German Federal Office of Defense Technology and Procurement (BWB). This system allows simulation of all types […]

Teledyne Technologies Inc. [TDY] yesterday said it has completed its acquisition of test solutions equipment provider LeCroy Corp. for $291 million, including debt. New York-based LeCroy makes oscilloscopes, protocol analyzers […]

Strong program execution on work it is doing under a U.S. government contract in Afghanistan and on air traffic management programs drove strong earnings at Exelis Inc. [XLS] in the […]

TeleCommunication Systems Inc. [TSYS] Aug. 1 said it received a new $19 million delivery order from the Army for field services support and maintenance of Secret Internet Protocol Router and […]

Maersk Line, Limited (MLL), which serves the U.S. government through the operation of flagged shipping vessels, yesterday said it has acquired 3PSC, which builds and operates special mission ships for […]

General Dynamics [GD] yesterday said it has completed its acquisition of the naval ship repair company Earl Industries, expanding its capabilities in the ship repair market. Terms of the deal, […]