Business/Financial

By Feb. 13, the Army wants feedback from industry and potential bidders regarding the Engineering Squad Robot (ESR) program that would provide dismounted stand off capability for explosive ordnance, reconnaissance […]

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BAE Systems is competing for a contractor operated Army ammunition plant with a potential value of more than $2 billion in sales over 10 years, going head-to-head against incumbent ATK […]

The Army plans to solicit, negotiate and award a sole-source contract with Thales Raytheon Systems (TRS) for a three year Firm-Fixed-Price (FFP) and Cost-Plus-Fixed-Fee (CPFF), Indefinite Quantity (IDIQ) contract for radar […]

TransDigm Group [TDG] last Friday said it has agreed to acquire AmSafe Global Holdings for $750 million in cash, giving it more products that are installed on passenger jets as […]

Textron, Inc.’s [TXT] AAI Unmanned Aircraft Systems unit and ViaSat, Inc. [VSAT] have entered into a strategic alliance aimed at developing and maturing beyond-line-of-sight satellite communications capabilities for current and […]

Defense Secretary Leon Panetta said last Friday industry has to do more to control costs with weapon systems when he formally announced work on an F-35 Joint Strike Fighter variant will […]

The private equity group LLR Partners has acquired Paragon Technology Group, a small information technology (IT) supporting the Defense Department and federal health agencies. Terms of the deal were not […]

Lockheed Martin [LMT] yesterday said it will not protest the Missile Defense Agency Award to Boeing [BA] Dec. 30 for Development and Sustainment of the Ground-based Midcourse Defense element of […]

Boeing [BA] recently said it received an approximately $370 million Army contract for 14 CH-47F Chinook helicopters to support Foreign Military Sales efforts. Under the Dec. 28 contract, the aircraft […]