Business/Financial

The Army late Monday issued a Request for Information (RFI) for potential industry sources for procurement of cyber capabilities. The proposed acquisition is for a five-year Multiple Award Task Order […]

Lockheed Martin [LMT], Raytheon [RTN] and Northrop Grumman [NOC] yesterday said they submitted proposals to the Navy to design, build, integrate and test the new Air and Missile Defense Radar […]

The U.K. Ministry of Defense Friday said it signed a 15-year contract valued at some $236 million with ABL Alliance to provide support of the Trident Strategic Weapon System at […]

The Army and Raytheon [RTN] recently said they completed a warhead test for the new Accelerated Improved Interceptor Initiative (AI3). Once fielded, AI3 is intended to provide a new level […]

CACI International Inc. [CACI] yesterday said federal government clients in the intelligence community have awarded the company more than $261 million in previously unannounced contracts. These contracts, including $233 million […]

ManTech International Corp. [MANT] yesterday said it named James Fraser director of its Government-wide Acquisition Contract (GWAC) Center. Fraser is responsible for leveraging the GWAC Center to enable ManTech to […]

Raytheon [RTN] yesterday reported strong second quarter earnings due to improved performance across its program mix, although sales fell due to softness in international and domestic defense spending. The strong […]

United Technologies Corp. [UTX] yesterday said it has completed is $18 billion acquisition of Goodrich Corp. after obtaining final regulatory approvals in the United States and Europe. The deal strengthens […]

L-3 Communications [LLL] yesterday said its second quarter earnings and sales declined as each one of its segment reported lower operating income and only the C3ISR segment boosted sales. L-3 […]

More than a decade of conflict is winding down, but there are still risks to U.S. national security and since there’s only so much that can be done on prevention, […]