Business/Financial
-
Business/FinancialCurtiss-Wright Acquires Irish Defense Electronics Firm
Curtiss-Wright [CW] on Friday said it has acquired Ireland-based ACRA Control, Ltd., a designer and producer of data acquisition technology and telemetry ground stations for commercial aerospace and defense customers. […]
-
Business/Financial
EADS Astrium To Acquire Vizada For $960 Million
European Aeronautic Defence And Space Co. (EADS) yesterday said its Astrium subsidiary has entered into an agreement to acquire Vizada from Apax France, a French private equity fund and the […]
-
Business/Financial
Raytheon, Tobyhanna Army Depot Agree To Public-Private Partnership
Raytheon [RTN] yesterday said it signed a pledge of commitment with Tobyhanna U.S. Army Depot for a public-private partnership to support various electronic and radar systems. Signed by Wayne Iurillo, […]
-
Business/Financial
ATK Posts Weaker Sales And Earnings But Margins Remain Strong
Facing the same headwinds as other defense companies, Alliant Techsystems [ATK] yesterday reported lower earnings and sales in its first quarter but was able to mitigate the decline in earnings […]
-
Business/Financial
Boeing Introduces Small UAS For Law Enforcers
Boeing’s [BA] Insitu subsidiary yesterday said it has introduced a new, man-portable small unmanned aircraft system (UAS) for the public safety market. The short-range Inceptor UAS weighs less than four […]
-
Business/Financial
TSA Awards Morpho Detection Potential $467 Million For EDS Maintenance
The Transportation Security Administration (TSA) has awarded Morpho Detection, Inc. (MDI), a potential four-year, $466.6 million contract to provide performance based logistics on the agency’s fleet of explosives detection systems […]
-
Business/Financial
McAfee Investigation Shows Diverse Victim List of Single Cyber Attacker
An investigation into a single cyber attacker that has launched a series of persistent attacks beginning in 2006, if not earlier, and is still ongoing, shows a diverse group of […]
-
Business/Financial
Panetta Cautious On Second Wave Of Deficit Cuts
Defense Secretary Leon Panetta pledged yesterday to fight against significant Pentagon funding reductions in a second round of government spending cuts a new committee will weigh later this year under […]
-
Business/Financial
Obama Signs Debt Deal Over Hawks’ Objections
President Barack Obama signed into law yesterday a debt-reducing bill that cleared the Senate earlier in the day despite objections of some Republicans concerned about hundreds of billions of dollars […]
-
Business/Financial
Obama Taps Acquisition Chief Carter For Dep SECDEF
President Barack Obama said yesterday he will nominate Pentagon acquisition czar Ashton Carter to replace Bill Lynn as the deputy secretary of defense. The tapping of Carter for the Pentagon’s […]