Business/Financial

By Geoff Fein Navy officials looked at a number of key factors before sending USS Freedom (LCS-1) off on her first mission, including ship materiel condition, sustainment, and crew training […]

By Calvin Biesecker With new and tougher explosives detection standards forthcoming in the United States and eventually in Europe, Reveal Imaging Technologies is currently well positioned to meet these given […]

By Calvin Biesecker SAIC [SAI] this week posted higher net income in its second quarter driven by revenues from a royalty payment related to patent litigation and a favorable litigation […]

By Geoff Fein Bids for the Navy’s Integrated Topside (InTop) task order 3 competition, exploring how to combine apertures and antennas on surface ships, were turned in last week, and […]

By Geoff Fein Addressing the technical challenges associated with the Navy’s Littoral Combat Ships (LCS) has led the service to implement design changes during the construction phase of LCS- 3 […]

By Geoff Fein The Raytheon [RTN] and Boeing [BA] effort to develop the Joint Air-to-Ground Missile (JAGM) for the Army and Navy had a successful second test flight of its […]

Britain’s Chemring Group is expected to close its acquisition of The Allied Defense Group [ADG] today after ADG’s stockholders yesterday voted to authorize the sale of their company. Chemring in […]

By Geoff Fein As the Navy begins to look at buying technologies to protect its networks, in particular those aboard ships, officials face a number of challenges ranging from the […]

By Calvin Biesecker 3M Corp. [MMM] yesterday said it has agreed to acquire Cogent Systems [COGT], a provider of biometric software matching systems and hardware, for $430 million, complementing its […]

AECOM Technology Corp. [ACM] on Friday said it has completed its $355 million acquisition of McNeil Technologies, expanding its presence in the national security arena serving the federal government. "McNeil […]