Business/Financial

Global missile and missile system player MBDA reports it generated approximately $1.3 billion in 2011 revenue and the order book remained robust amounting to about $13.9 billion at year-end. New […]

A House panel is calling on the Pentagon to help maintain the industrial base, improve communication with industry, and revamp its acquisition processes. These and other recommendations from the House […]

SAIC [SAIC] on Tuesday reported lower sales and a loss in earnings in its fourth quarter largely due to a settlement related to the company’s automated workforce management contract with […]

The private equity firm J.F. Lehman Corp. this week said it has acquired National Response Corp. (NRC) and its affiliated businesses from SEACOR Holdings Inc. [CKH]. NRC, which is an […]

The Army is moving forward on a potential Armored Multipurpose Vehicle (AMPV) to replace the M113 Family of Vehicles (FoV) to address current and future capability gaps in Heavy Brigade […]

United Technologies Corp. [UTX] yesterday said it plans to sell its rocket motors business and four other businesses as part of a portfolio reshaping as well to improve the financing […]

The federal government yesterday said that SAIC [SAI] has greed to pay $500.4 million in restitution and penalties as well as forgive more than $40 million still owed the company […]

ATK [ATK] this week initiated financial guidance for its FY ’13, saying that earnings per share (EPS), sales and operating cash flow are expected to decline versus FY ’12 results […]

Windmill International Inc., said two of its tactical satellite communications systems are about to become programs of record, though the process is not yet complete, officials said yesterday. The KA-10 […]

Goodrich Corp. [GR] yesterday said that its shareholders have approved an $18.4 billion sale of the company to United Technologies Corp. [UTX] in a deal that is still expected to […]