Business/Financial
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Business/FinancialBoeing Completes Purchase of Tapestry Solutions
Boeing [BA] yesterday said it has completed its acquisition of Tapestry Solutions, giving it new capabilities in real-time logistics visibility and logistics modeling and simulation. The acquisition is part of […]
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Business/FinancialGD Closes Deal For Jet Aviation
General Dynamics [GD] this week completed its $2.2 billion acquisition of Switzerland-based Jet Aviation, boosting its capabilities and global presence in the business jet services market. "As a unit of […]
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Business/FinancialNavy, Raytheon Effort Deploys Sub Launched UAV Out With The Trash
By Geoff Fein The Navy and Raytheon [RTN] last month simulated a submarine launch of an unmanned aerial vehicle (UAV), not from a torpedo or vertical launch tube, but from […]
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Business/FinancialMarine Corps’ G/ATOR To Begin Critical Design Review Next Year
By Geoff Fein Northrop Grumman‘s [NOC] Ground/Air Task Oriented Radar (G/ATOR) is expected to begin critical design review (CDR) early next year, a company official said. The company has been […]
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Business/FinancialNavy Says It Had No Option On Aegis Sole Source Contract To Lockheed Martin
By Geoff Fein Lockheed Martin [LMT] Maritime Systems and Sensors (MS2) was the only company capable of performing the requirement of three Navy solicitations for Aegis Ballistic Missile Defense work […]
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Business/FinancialNavy Issues Amended LCS Request For Proposal, Award Expected In January
By Geoff Fein The Navy on Monday issued its long awaited revised request for proposal (RFP) for two Flight 0+ Littoral Combat Ships (LCS) to be procured in FY ’09. […]
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Business/FinancialMurtha’s Donors In Last-Minute $1 Million Donation Haul Include Defense Execs
By Emelie Rutherford Before the final ballots were cast in yesterday’s elections, Rep. John Murtha (D-Pa.) appeared to have beaten his GOP challenger on the fundraising front–garnering more than $3 […]
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Business/FinancialCommercial Aerospace Lifts Rockwell Collins To Solid Fourth Quarter
Rockwell Collins [COL] yesterday posted a solid end to its 2008 fiscal year led by its commercial business that serves the aerospace market and to a lesser extent its military […]
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Business/FinancialRaytheon Says It Can Convert Zumwalt Into A Missile Cruiser By 2016
By Geoff Fein In the ongoing debate over whether to keep DDG-1000 alive beyond the first two ships or to build more of the venerable Arleigh Burke-class destroyers, Raytheon [RTN] […]
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Business/FinancialSlowing Economy Crimps Fourth Quarter Earnings At Oshkosh
Oshkosh Corp. [OSK] posted sharply lower earnings on a modest decline in sales due to weak access equipment sales in the North American and European construction markets, partially offset by […]