Business/Financial
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Business/FinancialNew Defense Law Aims To Grow Defense Industrial Base
By Emelie Rutherford The policy-setting defense authorization law President Barack Obama signed late last Friday calls for the Pentagon to work to expand the defense-industrial base and consider securing the […]
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Business/Financial
L-3 Acquires Commercial Vessel Safety Supplier, Divests Infrared Business Unit
L-3 Communications [LLL] yesterday said it has acquired Germany-based FUNA International, GmbH, a supplier of control, safety, communications and entertainment systems for cruise ships, ferries and mega yachts. The company […]
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Business/Financial
Curtiss-Wright Acquires Firm With Motion Control Products
Curtiss-Wright [CW] last week said it has acquired Predator Systems Inc. (PSI) for $13.3 million, expanding its capabilities in motion controls for ground defense, ordnance guidance and aerospace applications. PSI […]
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Business/Financial
DRS And Thales Joint Venture Acquire Sonar Systems Firm
DRS Sonar Systems, LLC, a joint venture between DRS Technologies and France’s Thales, has acquired the sonar systems firm Advanced Acoustic Concepts (AAC), giving it a full sonar integration capability […]
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Business/Financial
Former GD Combat Systems Chief Charles Hall Takes Over At AM General
AM General said last week that it has hired Charles Hall, a former executive with General Dynamics [GD], to become its new president and CEO, succeeding James Armor, who will […]
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Business/Financial
Sourcefire Acquires Firm That Provides Anti-Virus Software For Cloud Computing
Cyber Security firm Sourcefire [FIRE] yesterday said that it has acquired Immunet, a provider of cloud computing-based anti-malware products, that extends the company’s real-time detection and prevention cyber security solutions […]
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Business/Financial
Esterline Acquires Airborne ISR Component Maker Eclipse Electronic Systems
By Calvin Biesecker Esterline Corp. [ESL] this week said it has acquired Eclipse Electronic Systems, a designer and producer of lightweight receivers used in signals and communications intelligence in manned […]
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ArmyCubic To Acquire Supply Chain Management Consulting Firm
Adding to its expertise in supply chain and logistics management, Cubic Corp. [CUB] yesterday said that it has agreed to acquire the supply chain management consulting firm XIO Strategies, Inc., […]
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Business/Financial
DoD’s Dropping of Mitigation Scheme In Conflict of Interest Rule Scrutinized
By Emelie Rutherford The Pentagon’s newly unveiled rule for handling organizational conflicts of interest (OCI) by defense contractors is raising some concerns in the defense industry because it drops a […]
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Business/Financial
A-T Solutions Acquires IT Firm Serving Intel Community
A-T Solutions, Inc., yesterday said it has acquired Innovative Technology Systems, Inc. (ITS), an information technology (IT) firm serving the intelligence community, DoD and other government agencies. Terms of the […]