Business/Financial

By Geoff Fein Lockheed Martin [LMT] and BAE Systems will test fire several rounds of the Long Range Land Attack Projectile (LRLAP) this week, part of a larger effort to […]

By Geoff Fein Lockheed Martin [LMT] and its international partner, Danish defense firm Terma AS, are taking their work in open architecture systems to develop a ballistic missile defense (BMD) […]

By Calvin Biesecker Acquisition Solutions, Inc. (ASI), a government consulting firm that supports the federal acquisition community, said yesterday it has acquired the consulting firm ICOR Partners in a deal […]

Argon ST [STST] yesterday confirmed that it is exploring strategic alternatives, including a sale of the company, although the company offered no reason for the move. The announcement follows a […]

By Geoff Fein Last month’s acknowledgement by the Navy that the Remote Multi-Mission Vehicle (RMMV) portion of the Remote Minehunting System (RMS) program suffered a critical Nunn-McCurdy breach should not […]

By Calvin Biesecker Symantec Corp. [SYMC] yesterday said it has agreed to acquire Gideon Technologies, Inc., a small firm that provides federal government and commercial customers with a security management […]

By Geoff Fein Lockheed Martin Canada [LMT] will begin work this fall to modernize that country’s Halifax-class frigates’ command and control systems, providing the ability to operate in the littorals […]

Secure Mission Solutions (SMS) has acquired Sim-G Technologies, expanding its capabilities in physical and cyber security to support an integrated security focus. Terms of the deal, which closed in December, […]

By Geoff Fein The Navy’s effort to modernize its destroyers will begin in earnest this year, as the Navy and Lockheed Martin [LMT] begin overhauling the hull, mechanical and electrical […]

Lockheed Martin [LMT] on Wednesday said it has created five business lines within its new Mission Systems & Sensors (MS2) operating company, which was set up on Jan. 1 to […]