Business/Financial
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Business/FinancialATK Using A Twist To Get At Hidden Targets
By Geoff Fein The Marine Corps is in the midst of conducting qualification testing of ATK‘s [ATK] programmable air bursting round, designed to defeat targets hidden behind barriers, according to […]
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Business/FinancialCamber Acquires Small Firm That Serves Intelligence Community
Camber Corp. said yesterday it has acquired Veritas Analytics to bolster its capabilities in intelligence analysis and cyber security. Terms of the deal were not disclosed. Northern Virginia-based Veritas has […]
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ArmyATK Makes First Foray Into Small Arms Weapons
By Ann Roosevelt ATK [ATK]’s Armaments Systems business unit continues its move into the global marketplace, winning a $21 million contract to supply non-standard weapons for Afghanistan, the sector president […]
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Business/FinancialBoeing Prepares For Production of New Infantry Capabilities
By Ann Roosevelt Boeing [BA] is preparing for a production decision in December on Early Infantry Brigade Combat Team capabilities (E-IBCT), also known as Increment 1, a company official said. […]
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ArmyOshkosh Moves Ahead With Planning As GAO Considers FMTV Protest
By Ann Roosevelt Oshkosh Corp.’s [OSK] Defense unit continues to work through plans to prepare for a contract with the government, a multi-year multi- billion rebuy contract for the Army’s […]
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Business/FinancialSierra Nevada Wins $610 Million CBP Award For Multirole Enforcement Aircraft
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 […]
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Business/FinancialAtlas Elektronik Completes Purchase QinetiQ’s Underwater Systems Business
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 […]
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Business/FinancialMarine Corps, GD Investing In New Technologies To Build EFV
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 […]
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Business/FinancialMarines Corps Looking At More Than Forcible Entry For EFV Role
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 […]
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Business/FinancialTSA Awards Whole Body Imaging Contract To Rapiscan
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 […]