Business/Financial

Defense firms should steer toward “untended” ground in the wake of budget cuts as well as focus less on high end and risky technologies that may cost more than the […]

Carlisle Companies Inc. [CSL] yesterday said it has agreed to acquire Tri-Star Electronics International, a supplier of electronic interconnect components, for commercial aerospace, defense and industrial customers. The value of […]

Metal Shark Boats yesterday said the value of its award to supply the Coast Guard with a new fleet of Response Boat-Small (RB-S) vessels is worth up to $192 million […]

The Univ. of Texas at El Paso and Lockheed Martin [LMT] tomorrow will open the Lockheed Martin Mechanical Engineering Lab on campus as part of an effort to attract and […]

Huntington Ingalls Industries [HII] yesterday reported that it swung to a loss in the third quarter due to goodwill impairment charge related to a drop in its market capitalization although […]

Boeing [BA] is executing an on cost, on schedule engineering and manufacturing development (EMD) program for the Enhanced Medium Altitude Reconnaissance Surveillance System (EMARSS), company officials said.           “We’ve made […]

The Defense Security Cooperation Agency (DSCA) notified Congress Nov. 8 of a possible $74 million Foreign Military Sale to Peru work on two C-130E aircraft and associated equipment and support. […]

The Defense Security Cooperation Agency (DSCA) Nov. 8 notified Congress of a potential $52 million Foreign Military Sale to Malaysia for AIM-9X-2 Sidewinder Block II All-Up-Round Missiles and associated equipment […]

L-3 Communications [LLL] Security & Detection Systems last week said it had acquired Detector Networks International (DNI), a small designer and developer of radiation detection solutions, including an integrated system […]

General Dynamics [GD] yesterday said it has agreed to acquire tactical wheeled vehicle designer and manufacturer Force Protection [FRPT] for about $360 million in cash, in a deal that expands […]