Business/Financial

Vortex Systems LLC, the principal supplier of unattended ground sensors (UGS) to the U.S. Border Patrol, has signed an international distribution and equity acquisition agreement with Monument Capital Group LLC […]

L-3 Communications [LLL] yesterday announced a new stock repurchase program that gives the company authority to buy up to $1 billion of its common stock through the end of 2012. […]

Faced with the need to consolidate its Gulf Coast shipbuilding operations and a shipbuilding business that increasingly isn’t aligned with its long-term strategic priorities, Northrop Grumman [NOC] yesterday said it […]

By Geoff Fein Even with the concern over dwindling defense budgets and the high cost of putting satellites into orbit, the director of the National Geospatial-Intelligence Agency (NGA) sees the […]

BAE Systems yesterday said it has completed its acquisition of four shipyards of Atlantic Marine from the private equity firm J.F. Lehman & Co. for $352 million in cash. The […]

Northrop Grumman [NOC] yesterday said it will purchase a building in the city of Falls Church, Va., as its new corporate headquarters beginning next summer. The defense company, which is […]

By Geoff Fein Lockheed Martin‘s [LMT] effort to enable submarines to have two-way communications at speed and depth cleared critical design review (CDR) earlier this month and will move to […]

By Calvin Biesecker Boeing‘s [BA] pending acquisition of cybersecurity software firm Narus, which is based in California but has regional offices around the world, will give it a global presence […]

By Marina Malenic Airbus parent company EADS yesterday filed an 8,800-page proposal to build a new fleet of 179 aerial refueling tankers for the Air Force, a day ahead of […]

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 […]