Business/Financial

By Calvin Biesecker Textron [TXT] yesterday said its Textron Systems division has acquired a small business unit from Crane Co. [CR] that designs and builds wireless monitoring systems, including an […]

By Calvin Biesecker Bolstering its capabilities in cybersecurity, Boeing [BA] yesterday said it has agreed to acquire Narus, a small California-based firm specializing in network traffic intelligence. Terms of the […]

The Boeing [BA] and Lockheed Martin [LMT] joint venture United Space Alliance (USA) yesterday said it will layoff about 15 percent of its current Space Shuttle support workforce to better […]

By Geoff Fein A Navy Judge Advocate General report on the finding of metal shavings on the oil side of the main propulsion diesel engines of the USS San Antonio […]

By Calvin Biesecker Boeing [BA] yesterday said it has agreed to acquire C4ISR specialist Argon ST [STST] for $775 million in cash, advancing its capabilities in the C4ISR, cyber and […]

By Geoff Fein Former Coast Guard Commandant Adm. Thad Allen officially retired yesterday from the service he led though several changes including a review of the acquisition management structure. Allen […]

SAS, the North Carolina-based firm specializing in business analytics software and services, has acquired Britain’s Memex, a small analytic software firm specializing in the public safety and criminal justice markets, […]

CACI International [CAI] yesterday issued guidance for its FY ’11 that begins tomorrow, saying that net income and sales are expected to increase. The company also announced a new stock […]

By Calvin Biesecker The North American aerospace and defense market is facing a period of downward pressures on government spending, which requires companies to be innovative not just with their […]

By Geoff Fein As the government looks to improve its situational awareness of cyber intrusions on its networks, a Washington-based provider of cyber defense solutions believes it has the capability […]