Business/Financial

Lockheed Martin [LMT] has completed the critical design review of a database for individuals of special concern within the FBI’s Next Generation Identification (NGI) system and is beginning development and […]

By Calvin Biesecker With less than three months to go before the Transportation Security Administration (TSA) will enforce a mandate that all cargo shipped on passenger planes departing from an […]

By Geoff Fein With budget pressures looming on the horizon, one big question for the Navy and industry partners is how they will build more ships, according to a service […]

By Emelie Rutherford The chairman of a key House subcommittee said he may support adding language to the Pentagon policy bill compelling the Pentagon to consider a transatlantic trade dispute […]

By Calvin Biesecker General Dynamics [GD] yesterday said it has acquired EBV Explosives Environmental Company, a provider of munitions and explosives waste disposal services to the military and other customers, […]

By Geoff Fein The Navy is turning to an open architecture model to rapidly upgrade systems designed to counter remote controlled improvised explosive devices (RCIED), a service official said. As […]

By Geoff Fein The Navy is expected to issue shortly a request for proposals (RFP) for Team Submarine’s Acoustic Rapid COTS (Commercial Off The Shelf) Insertion (ARCI) integrator competition. The […]

Workers at Boeing‘s [BA] C-17 final assembly facility went on strike yesterday after their union rejected the company’s offer of a new four-year contract that includes higher monthly pension payment, […]

Moog Inc. [MOG.A] last week said it has acquired German video security technology firm Pieper GmbH, a manufacturer of video products and integrated vision systems for the security and extreme […]

By Calvin Biesecker Canada’s CGI Group Inc. [GIB] on Friday said it has agreed to acquire information technology (IT) solutions provider Stanley Inc. [SXE] in a deal worth $1.1 billion, […]