Business/Financial

By Emelie Rutherford The Pentagon "continues to explore" entering into a multi-year contract with Boeing [BA] for F/A-18 fighter jets, but was not able to make a decision by yesterday’s […]

CACI [CACI], Computer Sciences Corp. [CSC], G2 Software Systems Inc., Northrop Grumman [NOC] and Science Applications International Corp. [SAI] were each awarded an indefinite-delivery/indefinite-quantity (ID/IQ) award from the Navy to […]

By Geoff Fein Sen. Jeff Sessions (R-Ala.) last week questioned the top leadership of the Navy as to whether the evaluation criteria being used to select a winner in the […]

By Geoff Fein The Navy is working to meet a Monday deadline to inform Congress of plans to pursue a multi-year buy of Boeing [BA] F/A-18E/F Super Hornets that could […]

By Geoff Fein Aluminum multi-hull ships are more energy efficient than a steel monohull ship, an Austal USA official said yesterday at a naval energy conference. "Multi-hulls by their nature […]

By Calvin Biesecker Deal prices for the global aerospace and defense sector in 2009 were the lowest in the past decade, with values last year down over 60 percent from […]

L-3 Communications [LLL] on Friday said it has agreed to acquire Insight Technology, a provider of night vision and electro-optical equipment for military, law enforcement and allied nations. Insight, which […]

SAIC [SAI] on Monday said it has acquired an on-line simulation and collaboration software product line from Forterra Systems, Inc., which provides a real-time virtual world enabling interpersonal interation through […]

By Emelie Rutherford The defense industry is making healthy investments in this fall’s mid-term elections, boosting the campaign coffers of Democrats in Pennsylvania and congressional heavyweights, including the Senate majority […]

By Geoff Fein The Navy will deploy the USS Freedom (LCS-1) this week to the U.S. Southern Command (SOUTHCOM) area of responsibility (AOR) to conduct counter narcotics and theater security […]