Business/Financial

Moving to tighten its supply chain in the development and production of the 787 Dreamliner aircraft program, Boeing [BA] yesterday said it has agreed to acquire Vought Aircraft Industries‘ facility […]

By Calvin Biesecker SAIC [SAI] yesterday said it has agreed to acquire R.W. Beck Group Inc., a provider of management and engineering services in the infrastructure and energy markets that […]

Britain’s QinetiQ yesterday said its division based in the United States has completed the acquisition of Cyveillance, a provider of cyber intelligence products to commercial customers. Cyveillance paid $40 million […]

By Ann Roosevelt The Army and Boeing [BA] are negotiating the changes to come from the reorganization of the Future Combat System (FCS) and termination of the manned ground vehicle […]

By Geoff Fein Lockheed Martin [LMT] delivered the first production Target Sight System, designed to improve the Marine Corps AH-1Z Cobra helicopter’s ability to identify, track and engage targets at […]

AeroVironment (AV) [AVAV] yesterday said it has accomplished a technical milestone never before achieved: the controlled hovering flight of an air vehicle system with two flapping wings that carries its […]

The Defense Advanced Research Projects Agency (DARPA) last Friday awarded Raytheon [RTN] a $21.7 million cost-plus-fixed-fee and fixed-price contract to develop the generation Network Centric Radio System (NCRS), with additional […]

By Calvin Biesecker The private equity firm J.F. Lehman and Company yesterday said it has acquired Defense Venture Group (DVG) and its affiliates in partnership with DVG management, adding businesses […]

The private equity firm Court Square Capital yesterday said it has acquired Wyle, a provider of aerospace and information technology solutions to the federal government, from Littlejohn & Co., another […]

Lockheed Martin [LMT], Northrop Grumman [NOC] and Raytheon [RTN] have each been awarded Navy contracts worth approximately $10 million for concept studies for the Air and Missile Defense Radar (AMDR) […]