Business/Financial

ITT Corp. [ITT] yesterday said it has agreed to acquire an airport operation management software platform business from SRA International [SRX] to bolster its new commercial aviation data service. Terms […]

By Geoff Fein The Navy will look to move up production of its planned double-hulled oilers from 2017 to 2014 to provide stability and greater competition for the shipbuilding industry, […]

General Dynamics [GD] Armament and Technical Products has been awarded a $30 million contract by the Army for production and field support of Joint Biological Point Detection Systems (JBPDS). The […]

By Calvin Biesecker The Transportation Security Administration (TSA) has selected Battelle and TASC Inc., to compete for task orders under a potential five-year, $350 million indefinite delivery, indefinite quantity contract […]

By Geoff Fein The Navy has awarded Boeing [BA] an additional task order of $23 million to complete the design of the 100-kilowatt Free Electron Laser (FEL) lab demonstrator, the […]

By Calvin Biesecker The Transportation Security Administration (TSA) has awarded task orders to OSI Systems‘ [OSIS] Rapiscan Systems division and Britain’s Smiths Detection for the second generation of Advanced Technology […]

The Coast Guard this week awarded Bollinger Shipyards a $166.1 million contract option to begin production on the next four Sentinel class Fast Response Cutters, raising to eight the number […]

By Geoff Fein The Navy has ordered all of its Cyclone-class Patrol Coastal (PC) ships deployed in the Persian Gulf to be removed from service following the discovery of structural […]

By Geoff Fein The Navy is continuing to explore ways to trim costs and schedule for construction and delivery of Virginia-class submarines to enable the boats to increase deployments and […]

By Calvin Biesecker As part of the defense spending and productivity efficiency initiatives outlined by the Pentagon yesterday, affordability will be a key feature of all new programs, Defense Secretary […]