Business/Financial

By Calvin Biesecker Customs and Border Protection (CBP) on Wednesday awarded Sierra Nevada Corp. (SNC) a potential $610 million contract to provide the agency with up to 30 multi-mission aircraft […]

Atlas Elektronik has completed its acquisition of QinetiQ‘s underwater systems business based in the United Kingdom that operates in the areas of hydro-acoustics, sonar, combat management systems, acoustic countermeasures, submarine […]

By Geoff Fein LIMA, Ohio—General Dynamics [GD] and the Marine Crops have made significant investments at the Joint Systems Manufacturing Center (JSMC), a World War II-era tank factory, including buying […]

By Geoff Fein LIMA, Ohio–General Dynamics‘ [GD] Expeditionary Fighting Vehicle [EFV] is moving beyond just a forcible entry capability from the sea to providing Marines speed, maneuverability and protection that […]

By Calvin Biesecker The Transportation Security Administration (TSA) this week awarded Rapiscan Security Systems a $25.4 million contract using Recovery Act funding for whole body imaging systems that will be […]

DynCorp International [DCP] on Monday said it has agreed to acquired Phoenix Consulting Group, Inc., a small firm that provides proprietary training courses and materials and management consulting services to […]

Computer Sciences Corp. [CSC] and Germany’s Siemens [SI] have each won contracts worth close to $500 million each from the Transportation Security Administration (TSA) to provide computing hardware and services […]

By Geoff Fein The Navy last week awarded ATK [ATK] and Lockheed Martin [LMT] $30 million each to design, develop and demonstrate a prototype for an advanced missile warning system […]

By Emelie Rutherford The Marine Corps’ first and only program executive officer (PEO) said the service’s pursuit of advanced technology and contractual relations with the defense industry are among the […]

By Geoff Fein Raytheon [RTN] is preparing to deliver the first of 241 new Mk 54 lightweight torpedoes this month to the U.S. Navy, a company official said. The first […]