Business/Financial
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Air ForceMarines To Bell-Boeing: Fix V-22 Readiness Problems By 2011
By Marina Malenic RIDLEY PARK, Pa.–With criticism of V-22 Osprey operational costs and readiness rates mounting in Washington, the Marine Corps has asked contractors Bell Helicopter Textron [TXT] and Boeing […]
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ArmyGD Opens New EDGE Innovation Center For Military Vehicle Systems
By Ann Roosevelt General Dynamics‘ [GD] C4 Systems today opens its sixth and largest EDGE facility, the Vehicle C4ISR Innovation Center, in Taunton, Mass., to bring government opportunities to pick […]
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ArmyBAE Systems Protests Army FMTV Award To Oshkosh Corp.
By Ann Roosevelt BAE Systems yesterday announced it filed a protest with the Government Accountability Office (GAO), asking for a review of the Army’s award to Oshkosh Corp. [OSK], of […]
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Business/FinancialSAFRAN Completes Acquisition of Majority Of GE’s Homeland Protection Business
Frances’s SAFRAN Group yesterday said it has completed its acquisition of 81 percent of General Electric‘s [GE] Homeland Protection business, which will report to SAFRAN’s subsidiary Sagem Securite. The $580 […]
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Business/FinancialThales Reorganizes U.S. Operations
By Calvin Biesecker Thales last week announced several changes to its organization in the United States, including renaming the operations and creating a new subsidiary to better focus its offerings […]
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ArmyArmy Initiates Process For New Ground Combat Vehicle
By Ann Roosevelt The Army last week released a Sources Sought Notice to find companies interested and able to develop and integrate new ground combat vehicles for its Brigade Combat […]
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Business/FinancialONR Effort Rapidly Fields Solutions To Meet Warfighter Needs
By Geoff Fein While the Office of Naval Research (ONR) is largely focused on advancing science and technology efforts, the organization’s Quick Reaction Technology Solutions area looks to quickly assist […]
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Business/FinancialRobotics Technology Consortium Teams Win Second Round of Projects
The Robotics Technology Consortium Inc. (RTC) Friday announced the government awarded nine winners of its second round of projects totaling $3.62 million. "Winners in this second round of funding include […]
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Business/FinancialMoog Plans To Acquire GE Aviation Unit In U.K.
Moog Inc. [MOG.A] on Friday said it is in discussions with General Electric‘s [GE] Aviation Systems unit to acquire a flight control actuation product line based in the United Kingdom […]
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Business/FinancialSAIC Posts Strong 2nd Quarter Results; Awaiting Details On Insourcing
By Calvin Biesecker SAIC [SAI] on Tuesday reported strong earnings and sales for its second quarter and maintained its outlook for the fiscal year but is still awaiting key policy […]