Business/Financial

The North American division of the European Aeronautic Space and Defence Co. (EADS) yesterday said it has restructured its senior leadership to better leverage the experience of its executive team […]

The administration would have flexibility in doling out potential Pentagon budget cuts that could kick in next January, a former White House official said. John Cooney, previous general counsel at […]

An early evaluation of the Army’s most recent Industry Day to acquaint industry with the Network Integration Evaluation (NIE) and agile acquisition process “absolutely” achieved service aims, an officer said.  […]

Sikorsky Aircraft Corp. [UTX] yesterday said it has chosen 35 companies to fill its team assembling two prototype S-97 Raider ™ helicopters for Army evaluation. Sikorsky and teammates are funding […]

Amanda Covington has been named vice president of communications for ATK, the company said yesterday. She joined the company in 2008 as director of communications for ATK Armament Systems in Clearfield, […]

White Papers are due Feb. 3 in response to an Army Sources Sought notice seeking interested industry and government sources with mature solutions to enhance existing network systems capabilities to […]

The Army yesterday expected to host more than 250 industry representatives at an Industry Day to learn more about Network Integration Evaluation/Agile Acquisition Process at Aberdeen Proving Ground, Md. Representatives […]

Navistar Defense LLC  [NAV] yesterday said it received a $880 million delivery order to upgrade 2,717 International® MaxxPro® Mine Resistant Ambush Protected (MRAP) vehicles. The order from the Marine Corps […]

General Dynamics [GD] Land Systems yesterday said $10 million in work on the company’s pre-deployment Stryker vehicles will be added to its newly-acquired manufacturing site in Ladson, S.C. The company […]

A quarter earlier than expected, Oshkosh Truck Corp. [OSK] on Monday afternoon said the Family of Medium Tactical Vehicles (FMTV) truck program will turn a profit in the current quarter, […]