Business/Financial

SAIC [SAI] yesterday said it has been awarded a five-year contract with a total potential value of $284 million for services for U.S. Joint Forces Command (JFCOM). The company will […]

By Calvin Biesecker Continuing its run of small acquisitions in targeted growth areas, Boeing [BA] yesterday said it has agreed to acquire eXMeritus, Inc., as it seeks to boost its […]

By Emelie Rutherford and Geoff Fein The Navy’s E-2D Advanced Hawkeye being developed by Northrop Grumman [NOC] suffered a critical cost breach triggering an already completed Pentagon certification under the […]

Boeing [BA] said yesterday it received an $18.7 million Army contract to procure long- lead items and related tooling and test equipment to support the initial delivery of early Spin […]

J. Michael Gilmore, President Obama’s nominee to be the chief Pentagon weapons system tester, told senators the Ground-based Midcourse Defense system should have to provide not just confidence, but "a […]

A Raytheon Co. [RTN] product, the Network Centric Airborne Defense Element (NCADE), could substitute for missile defense systems that President Obama has marked for extinction or severe downsizing, an analyst […]

The Advanced Tactical Laser performed well in the first test firing of the high-powered laser in flight, The Boeing Co. [BA] announced. During the test, ATL took off from Kirtland […]

The Office of Naval Research gave Raytheon Co. [RTN] a 12-month contract to develop the preliminary design of a 100 kilowatt experimental Free Electron Laser for the Navy. This preliminary […]

NASA gave DRI Commercial Corp. of Irvine, Calif., a contract to repair critical infrastructure facilities at Johnson Space Center in Houston damaged during Hurricane Ike in September. Funds will be […]

By Geoff Fein Chief of Naval Operation (CNO) Adm. Gary Roughead has directed both the his staff and U.S. Fleet Forces Command to look at the possibility of an early, […]