Business/Financial
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Air ForceBoeing Looks For Major Boost In International Sales
NEW YORK—Boeing’s [BA] defense arm hopes to more than double the percentage of revenues it gleans from international sales in the coming years, a top executive said yesterday. Jim Albaugh, […]
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Business/FinancialStrong Outlook For Aerospace and Defense Mergers, PwC reports
The second half of 2011 could be "very strong" for mergers and acquisitions in the aerospace and defense industry following a pace in the second quarter that largely resembled 2010 […]
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Air ForcePratt Military Business Dips As DoD’s F-22, C-17 Programs Near End
NEW YORK—Pratt & Whitney [UTX] is facing some challenges with its military-engine business as Pentagon programs including the F-22 fighter jet and C-17 cargo hauler wind down, a top executive […]
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Business/FinancialBoeing Completes Acquisition of Solutions Made Simple Inc.
Boeing [BA] yesterday said it completed the acquisition of Solutions Made Simple Inc. (SMSi), an information services provider for the U.S. government and the intelligence community. Boeing announced its agreement […]
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Business/FinancialAnalysts Examine Numbers Behind Deficit Deal
Defense experts continued yesterday to sort through the numbers behind the current and potential Pentagon budget cuts resulting from the federal-deficit-cutting deal President Barack Obama signed last week. With Congress […]
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Business/FinancialPrecision Castparts Completes Acquisition of Primus International
Precision Castparts [PCP] has completed its acquisition of Primus International, a leading supplier swaged rods, advanced composites and machined aluminum and titanium products for the aerospace industry, the company said […]
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Business/FinancialKratos Completes Purchase Of Integral Systems
Kratos Defense & Security Solutions [KTOS] last month said it has completed its purchase of Integral Systems, boosting its defense electronics capabilities in space-related communications. The deal follows Kratos’ purchase […]
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Business/FinancialRaytheon Nabs Small DARPA Award To Enhance Insider Threat Detection
Raytheon [RTN] has received a two-year, $3.5 million contract from the Defense Advanced Research Projects Agency (DARPA) to improve the ability of existing technologies to quickly detect insider threats amid […]
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Business/FinancialDoD Leaders Weigh Cuts, New Acquisition Chief
As the Pentagon enters a time of austerity, defense leaders said they are rethinking weapon systems plagued by cost and schedule problems and looking for a new acquisition chief with […]