Business/Financial

Israel’s Plasan said last week that it has acquired a controlling interest in Virginia-based Artis, LLC, a contract research and development firm that develops and produces an armored vehicle protection […]

The World Trade Organization (WTO) upheld yesterday much of its ruling from last year that Boeing [BA] received some improper U.S. government support but not as much as the European […]

The Army plans a $10 million sole-source contract to Boeing [BA] for the production and delivery of 26 Cargo On-Off Loading Systems (COOLS) field evaluation kits with ballistic protection systems […]

The systems engineering firm TASC, Inc., recently simplified its operating structure to more clearly define its market focus, reduce cost, and improve integration across the enterprise to enhance its capabilities […]

Lawmakers who have been investigating ways to help small and mid-sized firms work with the Pentagon plan to issue a series of proposals as soon as next Monday. The House […]

March 27 is the new proposal deadline for the engineering and manufacturing development contract for the Army-Marine Joint Light Tactical Vehicle. The Army Jan. 26 issued the long-awaited request for […]

The surge in fuel costs this year is putting a squeeze on the military and could cause some "serious" problems for the 2012 budget, the Pentagon’s chief financial officer said […]

Giving itself an option for a potential leadership succession at some point, General Dynamics [GD] yesterday said its board of directors has elected Phebe Novakovic, 54, to be the company’s […]

DRS Technologies Inc., a Finmeccanica company, yesterday said its Reconnaissance, Surveillance and Target Acquisition (RSTA) Group has received a $31.9 million award from the  Army for program support, field service […]

The Pentagon should develop a “clear, strategic” plan for the defense industrial base because the needs of the base have not been appropriately assessed in the past, according to the […]