Business/Financial
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ArmyLockheed Martin Successful In Controlled EAPS Test Flight
Lockheed Martin’s [LMT] Extended Area Protection and Survivability Integrated Demonstration (EAPS ID) program successfully conducted a Controlled Test Vehicle flight test May 26 at White Sands Missile Range, N.M. The […]
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Business/FinancialSAIC’s Earnings Fall As Sales Edge Up
SAIC [SAI] last Thursday reported lower first quarter net income, although the company managed to grow its sales in the face of a contracting government services market. Net income fell […]
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Business/Financial
CGI To Acquire Britain’s Logica For $2.6 Billion
Canadian technology services provider CGI Group [GIB] yesterday said it has agreed to acquire Britain’s Logica for $2.6 billion in cash in a deal that would expand its capabilities and […]
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Business/Financial
EADS Names Enders As New CEO, Lagardère As Chairman
The European Aeronautic Defence and Space Co. (EADS) yesterday confirmed senior management changes, naming Thomas Enders as CEO and Arnaud Lagardère as chairman at its annual general meeting. Enders, who […]
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Business/Financial
Teledyne To Acquire Marine Instrumentation Developer BlueView Technologies
Teledyne Technologies [TDY] yesterday said has agreed to acquire BlueWave Technologies, a developer and provider of compact acoustic imaging and measurement solutions for the underwater environment. Terms of the deal, […]
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Business/Financial
Booz Allen Posts Gains In Earnings, Sales In Fourth Quarter
Consulting services firm Booz Allen Hamilton [BAH] yesterday posted a strong end to its fiscal year with increases in earnings and sales in the fourth quarter. Net income soared more […]
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Business/Financial
Harris Corp. To Produce Wideband Manpack tactical Radios For Special Operations Command
Harris Corp. [HRS] said it has received orders totaling $81 million for its Falcon III® AN/PRC-117G wideband manpack tactical radios from the U.S. Special Operations Command (USSOCOM). The radios will […]
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Business/Financial
Teledyne To Acquire Electronic Instrument Maker LeCroy
Teledyne Technologies Inc. [TDY] yesterday said it has agreed to acquire LeCroy Corp. [LCRY], a provider of test solutions used to measure, analyze and verify complex electronic signals used by […]
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Army
DoD Gives Army Milestone Decision Authority For Stryker Vehicles
The Defense Department has relinquished to the Army the Milestone Decision Authority for the Stryker family of vehicles (FoVs), produced by General Dynamics [GD]. “I delegate MDA for the Stryker […]
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Business/Financial
Varied Defense Industry Reforms On Table In Congress
Lawmakers are pushing defense-industry reforms intended to both keep contractors in check and help businesses work with the Pentagon. The Senate Armed Services Committee (SASC) is taking a different approach […]