Business/Financial
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Business/FinancialHII’s Earnings Rise In Fourth Quarter On Adjusted Goodwill As Sales Flatten
Huntington Ingalls Industries [HII] yesterday posted a rise in net income in the fourth quarter due to a favorable $10 million adjustment to goodwill impairment charge taken in the third […]
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ArmyOshkosh Defense Joins Hunt For Army-Marine JLTV EMD Program
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 […]
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Army
AM General Submits Independent Proposal For JLTV EMD Program
AM General LLC yesterday said it is backing two separate proposals for the Engineering and Manufacturing Development (EMD) phase of the Joint Light Tactical Vehicle (JLTV) program. AM General yesterday […]
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Army
Navistar Defense Submits Saratoga Vehicle For JLTV EMD Program
Navistar Defense LLC [NAV] yesterday said it has submitted a bid to compete for the Joint Light Tactical Vehicle (JLTV) program. The company will bid a variant of its International® […]
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Army
Lockheed Martin Team Submits JLTV EMD Proposal With Lighter, More Affordable Vehicle
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Army
GTV Team Delivers Proposal For JLTV EMD Phase
The General Tactical Vehicles (GTV) team of General Dynamics [GD] Land Systems and AM General yesterday said it delivered its proposal for the Engineering and Manufacturing Development (EMD) Phase of […]
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Business/Financial
With Spending Tight, Assuring Access To Suppliers Is A Reason To Be Acquisitive, Boeing Exec Says
With the federal spending environment becoming more constrained and possibly heading toward steep cuts if a budget sequestration measure goes into effect early next year, Boeing [BA] will have to […]
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Army
MSA Intends To Sell Its North American Ballistic Helmet Business
MSA [MSA] Friday said it has signed a non-binding letter of intent to sell its North America ballistic helmet business. Terms of the deal and the potential purchaser’s name are […]
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Army
Positive Assessment From 75th Ranger Regiment For Rifleman Radio
A 30-day after-action review by the 75th Ranger Regiment of their Rifleman Radio Operational Assessment in Afghanistan was “tremendously positive,” according to Army documents. The regiment conducted the operational assessment […]
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Business/Financial
Raytheon Increases Dividend
Raytheon [RTN] on Wednesday said it is increasing its annual stock dividend by 16 percent to $2 per share, or 50 cent per quarter, marking the eighth straight year the […]