Business/Financial

Moog Inc. [MOG.A] last week said it has acquired German video security technology firm Pieper GmbH, a manufacturer of video products and integrated vision systems for the security and extreme […]

By Geoff Fein The Navy is expected to issue shortly a request for proposals (RFP) for Team Submarine’s Acoustic Rapid COTS (Commercial Off The Shelf) Insertion (ARCI) integrator competition. The […]

By Calvin Biesecker Canada’s CGI Group Inc. [GIB] on Friday said it has agreed to acquire information technology (IT) solutions provider Stanley Inc. [SXE] in a deal worth $1.1 billion, […]

By Geoff Fein The Navy has been testing a commercially available laser technology that the service is looking to use against enemy unmanned aircraft, according to a Navy official. Under […]

By Calvin Biesecker ATK [ATK] yesterday said it swung to a profit in the fourth quarter despite relatively flat sales due in part to hefty charges a year ago that […]

By Marina Malenic The two industry teams competing for the Pentagon’s Joint Air-to-Ground Missile (JAGM) production contract have submitted responses to a draft solicitation and reported successful early testing this […]

By Geoff Fein The Navy will deploy the first EA-18G Growler squadron from a land-based location in support of ground troops, according to a service official. Additionally, the service’s vertical […]

General Dynamics [GD] yesterday said its board of directors has elected CEO Jay Johnson to also be chairman, succeeding Nicholas Chabraja, who has been the company’s chairman since July 1997. […]

By Geoff Fein The USS Freedom (LCS-1) will be heading into a dry-dock for five days to repair the starboard boost water jet, according to the Navy. The problem was […]

By Calvin Biesecker Northrop Grumman [NOC] and Textron‘s [TXT] Bell Helicopter division have teamed to develop and demonstrate a new medium- range vertical unmanned aircraft system (VUAS) called Fire-X that […]