Business/Financial

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 […]

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 […]

HEICO Corp. [HEI] yesterday said it has acquired an 80 percent stake in military aircraft parts and support services firm Blue Aerospace, which primarily services foreign military organizations allied with […]

Customs and Border Protection (CBP) last week awarded FLIR Corp. [FLIR] and Griffon Corp. [GFF] each contracts to supply the agency’s Border Patrol with mobile surveillance towers and equipment for […]

ManTech International [MANT] last month acquired MTCSC Inc., a provider of C4ISR systems integration, cyber and network engineering capabilities, for $75 million in cash. The deal is expected to be […]

Rockwell Collins [COL] on Tuesday said it has acquired Blue Ridge Simulation, Inc., a small sensor simulation company serving the Defense Department, commercial and international training applications. Terms of the […]

National Technical Systems [NTSC], an engineering services firm to a number of industries including aerospace and defense, has acquired the engineering services firm Mechtronic Solutions, Inc. (MSI), which works mainly […]

By Calvin Biesecker Raytheon [RTN] yesterday said it has agreed to acquire the defense electronics firm Applied Signal Technology Inc. [APSG] for $38 per share, worth $490 million in cash, […]

GeoEye [GEOY] yesterday said it has completed its acquisition of the geospatial predictive analytics company SPADAC for $46 million in cash and stock, strengthening its information services business and expanding […]

By Calvin Biesecker The aerospace industry is projected to generate scant 1 percent sales gains this year and next, with growth in 2010 driven by military aircraft sales and in […]