Business/Financial
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Business/FinancialParsons Completes Acquisition Of SPARTA From Cobham
Parsons Corp. yesterday said it has completed its $350 million purchase of the systems engineering and services firm SPARTA from Britain’s Cobham, giving it a big boost to its advanced […]
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Business/Financial
Carlisle To Acquire Electronic Component Supplier Tri-Star
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 […]
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Business/Financial
Metal Shark’s Response Boat-Small Award From Coast Guard Worth $192 Million
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 […]
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Business/Financial
Lockheed Martin, UTEP In Partnership For Mechanical Engineering
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 […]
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Business/Financial
HII Posts Solid Operating Results But Goodwill Charge Leads To Loss
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 […]
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ArmyBoeing Cites On Cost, On Schedule Progress For Army EMARSS Program
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 […]
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Air ForcePeru Requests Refurbishment of Two C-130E Aircraft
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. […]
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Business/Financial
Malaysia Requests AIM 9X-2 Missiles For Air Force Modernization
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 […]
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Business/Financial
L-3 Acquires Small Firm With Radiation Detection Capabilities
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 […]
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Army
GD To Buy Force Protection, Boosting Tactical Vehicle Portfolio, International Opportunities
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 […]