Business/Financial

Lockheed Martin [LMT] last week beat out General Dynamics [GD] for an $11.8 million cost-plus-incentive-fee, cost-plus- fixed-fee contract to provide Trident II (D-5) strategic systems programs shipboard systems integration, according […]

By Geoff Fein The National Geospatial-Intelligence Agency (NGA) last week awarded a $3.5 billion contract to DigitalGlobe and $3.8 billion to GeoEye Imagery Collection Systems [GEOY] for the EnhancedView commercial […]

By Geoff Fein Boeing‘s [BA] recent acquisition of cyber software firm Narus will bring benefits to both companies as the global defense company and the network security provider will gain […]

By Calvin Biesecker ATK [ATK] yesterday posted strong gains in its net income in the first quarter driven in part by higher sales of ammunition for the military, strong performance […]

By Emelie Rutherford A leading defense industry group is working to fine-tune its recommendations for how the Pentagon should go about buying things more efficiently. The Aerospace Industries Association (AIA) […]

General Dynamics [GD] yesterday announced a regular quarterly dividend payment of 42 cents per share and said its board of directors has authorized the company’s management to repurchase up to […]

By Emelie Rutherford The defense industry lost two congressional backers Tuesday night when Reps. Todd Tiahrt (R-Kan.) and Carolyn Kilpatrick (D-Mich.) failed in their bids to return to Congress next […]

Boeing [BA] last week said it has completed its purchase of the cybersecurity firm Narus, which provides real-time network traffic and analytics software. Narus, which will report to Boeing’s Network […]

Harris Corp. [HRS] has completed its $525 million acquisition of managed communications services provider CapRock Communications, giving Harris an entry into the energy market and expanding its global presence in […]

By Emelie Rutherford An industry group is warning a program the Navy is developing for granting some contractors "preferred supplier" status could inappropriately exclude smaller companies from contract competitions. The […]