Business/Financial

Boeing [BA] Defense, Space & Security business yesterday said it signed Memorandums of Understanding (MoUs) with two Brazilian companies: MSM Powertrain Ltda. and Pan Metal Industria Metalurgica Ltda. The MoUs […]

Navistar Defense LLC yesterday said it received a $134 million delivery order for field service representatives (FSRs). The order from Marine Corps Systems Command renews the company’s in-theater FSR service […]

Cyclone Power Technologies Inc. [CYPW], developer of the all-fuel, clean-tech Cyclone Engine, said yesterday it signed a definitive agreement to acquire the assets and business of Advent Power Systems Inc., […]

Expanding its training capabilities beyond the physical, URS Corp. [URS] this week said it has acquired CATI Training Systems, a designer and developer of virtual visual environments for flight simulators […]

The Coast Guard this week said it has awarded a potential five-year, $42.8 million contract to Mythics to provide software licenses for a new information technology system to manage the […]

General Dynamics [GD] yesterday said it has completed its $360 million acquisition of Force Protection, expanding its tracked and wheeled military vehicle portfolio and its vehicle services. GD expects the […]

As part of the Next Generation Jammer (NGJ) program’s technology maturation phase, ITT Exelis [XLS] and Boeing [BA] said they have successfully completed wind tunnel testing of the team’s proposed […]

Moog Inc. [MOG.A] last week said it has acquired Netherlands-based firm Bradford Engineering for $13.1 million in cash, complementing its existing European spacecraft components business. Bradford is a developer and […]

Northrop Grumman [NOC] and ITT Exelis [XLS] yesterday said they have teamed to compete for the  Army’s new vehicle-mounted, software-defined radio. The Army issued a draft request for proposals Nov. […]

The Defense Security Cooperation Agency (DSCA) notified Congress Dec. 14 of an estimated $60 million Foreign Military Sale to the Government of the United Arab Emirates (UAE) of Javelin Anti-Tank […]