Business/Financial
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Business/FinancialBoeing’s Profits Soar On Strong Performance In Defense And Commercial Businesses
Despite modest growth in sales, Boeing [BA] yesterday posted strong third quarter earnings driven by improved performance in its defense business and to a lesser extent its commercial aircraft operations. […]
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Business/Financial
Boeing Opens New Cyber Center Near NSA
ANNAPOLIS JUNCTION, Md.—Boeing [BA] yesterday celebrated the opening of a new cyber security center in Maryland near the home of the National Security Agency (NSA) in a move that for […]
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Business/Financial
AIA, Study Warn of Economy-Wide Harm From Worst DoD Cuts
Armed with data from a new study, a defense-industry group is warning U.S. economic growth would significantly decrease if Congress allows the largest possible cuts to the Pentagon’s budget to […]
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ArmyAerodyne Inc. Continues Engineering Support To Army UAS Project Office
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 […]
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Business/Financial
France Requests E-2C Hawkeye Upgrades
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 […]
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Business/Financial
Argentina Requests COTS Avionics Upgrade For C-130H Aircraft
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 […]
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Business/Financial
Parsons Acquiring Sparta From Cobham For $350 Million
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 […]
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Business/Financial
Industrial, Helicopter Businesses Boost UTC’s Third Quarter Results
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 […]
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Business/Financial
SAIC, McAfee Partner On Cyber Security Solutions
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 […]
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Air ForceArmy Plans To Move Quickly To Acquire Low Cost, Most Capable GMR Radios
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 […]