Business/Financial

MCR LLC subsidiary Aerodyne, Inc., yesterday said it was awarded a contract potentially worth more than $105 million to provide technical and engineering support for the Army Unmanned Aircraft Systems […]

The Defense Security Cooperation Agency (DSCA) Oct. 18 notified Congress of a possible $180 million Foreign Military Sale to France for the upgrade of four E-2C Hawkeye Aircraft and associated […]

Argentina would potentially like to spend an estimated $166 million for the commercial-off-the-shelf (COTS) avionics upgrade of five C-130-H aircraft, associated equipment, parts training and logistical support, the Defense Security […]

The engineering and construction firm Parsons Corp. yesterday said it has agreed to acquire Sparta, Inc., for $350 million in cash from Britain’s Cobham, adding more capabilities in analytic services […]

United Technologies Corp. [UTX] posted strong third quarter financial results driven by operating profits at its helicopter and industrial businesses and sales gains at each of its segments. Net income […]

SAIC [SAI] and McAfee yesterday said they are partnering to provide customers with a more comprehensive range of cyber security solutions. “Customers are looking for security platforms, applications and services […]

The Army plans to move out swiftly to acquire a new Joint Tactical Radio System (JTRS) Ground Mobile Radio (GMR) once a signed Acquisition Decision Memorandum (ADM) from DoD’s top […]

The body armor firm Protective Products Enterprises, Inc. (PPE) has acquired the ballistic vest of MSA [MSA], which is increasing its focus on its core safety equipment market. Terms of […]

Cyber-security legislation addressing some of the recommendations House Republicans unveiled last week will emerge in the coming days, a senior lawmaker said. Rep. Mac Thornberry (R-Texas) argued yesterday Congress should […]

Sotera Defense Solutions last month acquired Software Process Technologies, Inc. (SPT), a small software engineering firm that supports the cyber missions of its customers in the intelligence community. Terms of […]