Business/Financial

NASHVILLE, Tenn. –The Army is awaiting official Pentagon approval for its work on an Armed Aerial Scout (AAS), the program executive officer for aviation said.  An Analysis of Alternatives is about […]

France’s Thales yesterday said it has completed the acquisition of Florida-based Tampa Microwave, boosting its capabilities and products in wideband tactical satellite communications (SATCOM) for defense, government and commercial customers. […]

NASHVILLE, Tenn.—European Aeronautic Defense and Space Co. (EADS) yesterday revealed the latest version of its Armed Aerial Scout 72X+ (AAS- 72X+). On the first day of the Army Aviation Association […]

The main challenges facing Huntington Ingalls Industries [HII] in the next few years include continuing to retire risk on several amphibious transport and assault ships along with managing the transition […]

ManTech International [MANT] yesterday said it has completed its purchase of the cyber security firm HBGary, Inc., expanding its base of commercial customers and adding to its cyber security technology. […]

Salient Federal Solutions, Inc., yesterday said it has acquired ATS Corp., boosting its customer base in the federal civilian market for information technology solutions. Salient paid $3.20 per share for […]

Last week, suppliers supporting General Dynamics [GD] Abrams tank spent time on Capitol Hill telling members of the House and Senate any temporary shutdown of tank production would cost more […]

The Coast Guard on Friday said it has awarded Huntington Ingalls Industries [HII] an $87.9 million contract to purchase long-lead time materials for the construction of the sixth National Security […]

A senior senator said he will block the confirmation of Pentagon civilian nominees, including of Frank Kendall to be defense acquisition chief, until the Defense Department addresses what he says […]

Oshkosh Defense [OSK] yesterday joined the competition for the Army-Navy Joint Light Tactical Vehicle engineering and manufacturing development (EMD) program, a ground vehicle to modernize the light tactical fleet. It […]