Business/Financial

The Army gave Raytheon Co. [RTN] an $11.4 million contract to support Patriot missile defense facilities this year. The Army Aviation and Missile Command at Redstone Arsenal, Ala., issued the […]

Sen. John D. Rockefeller IV (D-W.Va.), chairman of the Senate Commerce, Science and Transportation Committee, told NASA to turn over documents relating to a federal probe of a company that […]

By Calvin Biesecker The Department of Homeland Security’s (DHS) Science and Technology branch yesterday awarded two contracts to the non-profit firms Analytic Services, Inc. (ANSER) and MITRE Corp. to establish […]

By Calvin Biesecker General Dynamics [GD] yesterday lowered its earnings guidance for the year based on a decision it made to cut back on planned aircraft production rates this year […]

By Geoff Fein The Navy expects to issue a request for proposal (RFP) this month for the Consolidated Afloat Networks and Enterprises Services (CANES), a directed approach to reduce infrastructure […]

By Emelie Rutherford The head of a naval panel in Congress is calling on the Navy to open competition for the rocky Littoral Combat Ship (LCS) program beyond the two […]

General Dynamics [GD] yesterday said its board of directors has increased the company’s quarterly stock dividend by nearly 9 percent to 38 cents per share. The higher dividend will be […]

Moog [MOG.A, MOG.B] this week said it has acquired United Kingdom-based Fernau Avionics Ltd., for $45 million in cash in a deal that complements the company’s current navigation aids business. […]

By Geoff Fein Boeing [BA] and the Navy are working closely to determine the make up of a potential multi-year contract for more F/A-18E/F Super Hornets, according to a company […]

The Navy yesterday awarded Lockheed Martin [LMT] a modification to its previously awarded Littoral Combat Ship (LCS) contract for efforts necessary to preserve production capability at its industry team shipyard […]