Business/Financial

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 […]

By Calvin Biesecker Northrop Grumman [NOC] yesterday said that it began exploring options for its advisory services business more than a year ago based on what it thought its customers […]

By Emelie Rutherford More large defense firms may emulate Northrop Grumman [NOC] and sell off advisory-services units because of amplified concerns in Washington about organizational conflicts of interest, industry observers […]

By Geoff Fein Lockheed Martin [LMT] is looking to market its Common Radio Room (CRR) to U.S. partner nations, with the first effort to demonstrate the system to the Australian […]

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 […]