Business/Financial

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 […]

By Geoff Fein Since bringing together all of its shipyards under one roof, Northrop Grumman [NOC] Shipbuilding has pulled together its supplier base under a single vice president to further […]

By Geoff Fein Northrop Grumman [NOC] is taking an unusual approach to its Consolidated Afloat Network Enterprise System (CANES) effort by offering up all of its data rights to the […]

By Geoff Fein For the first time the Navy has acknowledged that it will likely not meet its goal of awarding a contract for 10 Littoral Combat Ships (LCS) this […]

ManTech International [MANT] yesterday said its operating group presidents will now take on the added responsibility of chief operating officer (COO) for their organizations. "We believe that this new management […]

By Geoff Fein The two teams competing for the Navy’s Consolidated Afloat Networks and Enterprise Services (CANES) contract are both taking different approaches to how they look to reduce infrastructure […]