Business/Financial

Goodrich [GR] said this week that it has agreed to acquire Atlantic Inertial Systems (AIS) for $375 million, adding to its capabilities in the area of guidance, control and navigation […]

By Calvin Biesecker The Department of Homeland Security has awarded separate contracts to Northrop Grumman [NOC] and United Technologies [UTX] to begin testing under Phase 1 of the next-generation BioWatch […]

By Geoff Fein Nations defending against cyber attacks need the ability to respond in lightning speed, as well as an understanding of who has the authority within the government to […]

By Emelie Rutherford The Pentagon’s top technologist said yesterday he has "concern" about the loss of U.S. industrial base expertise in areas including armor. "We’re going through that analysis now […]

Harris Corp. [HRS] yesterday said it has acquired Patriot Technologies, LLC, a small firm providing healthcare information technology, imaging and enterprise software solutions to the Department of Veterans Affairs (VA). […]

Lockheed Martin [LMT] yesterday announced several leadership appointments, including naming Marillyn Hewson, currently president, Systems Integration- Owego, to be executive vice president of the Electronic Systems business area. Hewson, 55, […]

ATK [ATK] has been awarded a $21 million contract by the U.S. Army Aberdeen Contracting Center at Aberdeen Proving Ground, Md., to supply various types of non-standard (non-NATO) weapon systems […]

By Geoff Fein Northrop Grumman [NOC] will lay the keel for the USS Ford (CVN-78) on Saturday at its Newport News, Va., shipyard, officially marking the beginning of construction of […]

Northrop Grumman Cobham Intercoms LLC (NGCI), a company formed by Northrop Grumman [NOC] and Cobham [COB], yesterday announced the reinstatement of work under the Vehicular Intercommunication System Expanded (VIS-X) contract […]

Dan Murphy, Alliant Techsystems’ [ATK] chairman and CEO for the past six years, yesterday said he was leaving the company to “address family matters” and the company’s Board of Directors […]