Business/Financial

Automotive lithium-ion battery maker EnerDel Inc. will be working under a $1.29 million contract with the Army to develop a next-generation battery system for the hybrid version of the High […]

BAE Systems yesterday announced the appointment of Bob Murphy as President of BAE Systems Land & Armaments operating group. Murphy succeeds Linda Hudson, appointed President and CEO of BAE Systems […]

General Dynamics UK [GD] has submitted the latest version of its Austrian Spanish Cooperation Development (ASCOD) vehicle for the U.K. Future Rapid Effect System Specialist Vehicle (FRES-SV) program in competition […]

By Geoff Fein While much of the discussion about open architecture (OA) focuses on freeing up hardware and software, at the Office of Naval Research (ONR), they are in the […]

SRA International [SRX] yesterday posted higher net income and sales in the first quarter and achieved a record new contract award total. Net income increased 18 percent to $18.1 million, […]

TeleCommunication Systems Inc. [TSYS] this week said it has acquired Solvern Innovations Inc., a provider of wireless communications products and solutions and training to customers in the Department of Defense […]

By Geoff Fein Despite an embarrassing false-start recently into the blogosphere, Boeing [BA] is continuing to look at ways to upgrade its presence on the Internet including the use of […]

General Tactical Vehicles (GTV), a joint venture between AM General and General Dynamics [GD], yesterday announced their Joint Light Tactical Vehicle (JLTV) successfully completed the Critical Design Review (CDR) this […]

By Ann Roosevelt General Dynamics UK [GD] and BAE Systems tomorrow will formally square off when they submit proposals for the potential $3 billion U.K. Ministry of Defence Future Rapid […]

CACI International [CAI] yesterday posted strong first quarter FY ’10 results as business with the Defense Department expanded. Net income increased 22 percent to a record $23.9 million, 78 cents […]