Business/Financial

The European Aeronautic Defence and Space Co. (EADS) yesterday said that Sean O’Keefe, who leads the company’s North American division as CEO, is also now the chairman of the business. […]

Military budget cuts in the United States and Europe will require more shared use and purchase of weapon systems in the cross-Atlantic partnerships, Obama administration officials said yesterday. Defense and […]

Motivation is key in assessing the risks of cyber-attacks and what to do about them for defense companies as well as government and commercial entities, a key official at Stroz […]

Oshkosh Corp.’s [OSK] Oshkosh Defense yesterday said it will open a new office in Ottawa, Ontario, to support vehicle programs for the Canadian Department of National Defence (DND). “We are […]

ASI Government yesterday said it has acquired Frontline Solutions Corp., a small firm that gives ASI new capabilities in technical services and mission support and an expanded footprint within the […]

Moving into a new market area, just like some other government services firms, ManTech International [MANT] yesterday said it has acquired Evolvent Technologies, which provides healthcare information technology (IT) services […]

The Obama Administration’s plan to eliminate over $480 billion in planned defense spending over the next 10 years would “cripple” certain defense sectors, forcing the industry to shed skilled workers, […]

The Army yesterday said Jan. 20 is the likely date it plans to release the solicitation for the Joint Light Tactical Vehicle (JLTV) Engineering and Manufacturing Development (EMD) phase. Army […]

President Barack Obama and Pentagon leaders pledged to end “Cold War” weapon systems when discussing the Pentagon’s strategic review yesterday, but shared no details about program cancellations that will be […]

Later this month the Army is expected to issue a sole source solicitation to BAE Systems for work that would restore performance and alleviate issues associated with survivability upgrades required […]