Business/Financial

By Geoff Fein In the almost three years Rear Adm. Terry Benedict headed up the program executive office for integrated warfare systems he and his staff have been working to […]

Lockheed Martin [LMT] has completed the critical design review of a database for individuals of special concern within the FBI’s Next Generation Identification (NGI) system and is beginning development and […]

By Calvin Biesecker With less than three months to go before the Transportation Security Administration (TSA) will enforce a mandate that all cargo shipped on passenger planes departing from an […]

By Geoff Fein With budget pressures looming on the horizon, one big question for the Navy and industry partners is how they will build more ships, according to a service […]

By Emelie Rutherford The chairman of a key House subcommittee said he may support adding language to the Pentagon policy bill compelling the Pentagon to consider a transatlantic trade dispute […]

By Calvin Biesecker General Dynamics [GD] yesterday said it has acquired EBV Explosives Environmental Company, a provider of munitions and explosives waste disposal services to the military and other customers, […]

By Geoff Fein The Navy is turning to an open architecture model to rapidly upgrade systems designed to counter remote controlled improvised explosive devices (RCIED), a service official said. As […]

Workers at Boeing‘s [BA] C-17 final assembly facility went on strike yesterday after their union rejected the company’s offer of a new four-year contract that includes higher monthly pension payment, […]

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 […]