Business/Financial

By Calvin Biesecker Canada’s Transport Ministry on Monday said it will purchase and deploy 44 body scanners from L-3 Communications [LLL] for approximately $10.7 million, with delivery and installations to […]

By Calvin Biesecker The Coast Guard in late December issued a market survey notice to identify potential sources that could do the systems integration on the HC-144A Maritime Patrol Aircraft, […]

By Calvin Biesecker ITT Corp. [ITT] yesterday said it is conducting a strategic realignment of its defense segment by consolidating seven separate business units into three larger ones to allow […]

By Calvin Biesecker SAIC [SAI] yesterday said it has acquired Spectrum San Diego, a small firm which last spring introduced a low-cost X-ray imaging system for scanning cars and vans […]

By Geoff Fein GoAhead Software is partnering with Global Technical Systems (GTS) and Northrop Grumman [NOC] to bring its solution for Dynamic Resource Management (DRM) to the Common Processing System […]

Northrop Grumman [NOC] said yesterday that by 2011 it will move its corporate office from Los Angeles to the Washington, D.C., region, bringing its company leaders closer to key customers […]

By Calvin Biesecker In the immediate wake of the failed Christmas Day bombing attempt of a passenger plane nearing its destination in the United States, the Transportation Security Administration (TSA) […]

By Geoff Fein The Navy’s move to incorporate open systems into its surface combatant fleet is providing opportunities for companies that have not traditionally relied upon defense for their revenues. […]

By Geoff Fein Raytheon [RTN] has received Foreign Military Sales (FMS) contract awards totaling $1.1 billion to fund new production of the Patriot Air and Missile Defense System for Taiwan, […]

By Geoff Fein Industry responses to the draft Littoral Combat Ship (LCS) request for proposals (RFP) have led the Navy to delay releasing the final RFP until January, according to […]