Business/Financial

The United Kingdom Ministry of Defence (MoD) has selected General Dynamics [GD] U.K. subsidiary as the provisionally preferred bidder for the Utility Vehicle Design (UVD) for the Future Rapid Effect […]

By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported a strong end to its fiscal year 2008 led by growth in its civil ammunition, NASA, advanced weapons and composite structures businesses […]

The Coast Guard today will take delivery of the first National Security Cutter, the CGC Bertholf (WMSL-750), weeks following the ship’s successful completion of acceptance trials. The Bertholf will be […]

By Calvin Biesecker New legislation introduced yesterday by the chairman of the House Homeland Security Committee would require the Department of Homeland Security (DHS) to form a working group with […]

SRA International [SRX] on Tuesday reported higher third quarter earnings and sales driven primarily from acquisitions and the company reduced its revenue guidance for the year. Net income increased 20 […]

General Dynamics [GD] yesterday announced that Jay Johnson, a former chief of naval operations and currently the head of Dominion Virginia Power, will succeed Nicholas Chabraja as CEO of GD […]

By Geoff Fein The Navy is in the process of preparing to release a request for proposal (RFP) in June for Increment II of its presidential helicopter, as the service […]

Australia is looking to spend $450 million for Aegis Combat System components as well as associated equipment and services, the Defense Security Cooperation Agency (DSCA) reported. Australia is seeking the […]

IBM [IBM] has joined the Lockheed Martin [LMT] team that earlier this year won the FBI’s $1 billion program to develop and implement the multi-modal biometric Next Generation Identification (NGI) […]

By Calvin Biesecker Raytheon [RTN] is doing about $1 billion in annual sales in its security business and can do even better by honing its focus across the company and […]