Business/Financial
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Army
NCI Completes Purchase of Certain MTC Assets
NCI, Inc. [NCIT] this week said it has completed its acquisition of an Army contract and related personnel from MTC Technologies [MTCT], which helps clear the way for BAE Systems‘ […]
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Army
Raytheon Seeks Navy JAGM Risk Reduction Contract
By Geoff Fein Raytheon [RTN] is hoping its experience in weapon systems and its partnership with Boeing [BA] will lead to a Navy contract to develop the Joint Air-to-Ground Missile […]
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Business/Financial
L-3 Acquires Australian Marine Firm
L-3 Communications [LLL] said on Sunday it has acquired HSA Systems Pty Ltd of Australia, a $10 million a year provider of geospatial, marine and electronic systems for maritime and […]
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Business/Financial
ICx Stock Price Tanks On Big Fourth Quarter Earnings Miss
By Calvin Biesecker ICx Technologies [ICXT] last Thursday posted a smaller net loss and higher sales in its fourth quarter but the loss was worse than expected, causing some investors […]
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Business/Financial
GPS Block IIR-M Satellite Launched On Delta II From Cape Canaveral
A Global Positioning System Block IIR-M satellite was launched into orbit on a United Launch Alliance (ULA) Delta II rocket from Cape Canaveral Air Force Station, Lockheed Martin Corp. [LMT] […]
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Business/Financial
Contracts
Army Contract Seeks New Kinetic Missile Interceptor To Kill Rockets, Artillery The Army is awarding contracts for design and demonstration of a prototype kinetic-kill missile interceptor that would take down […]
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Business/Financial
Navy Will Benefit From Northrop Grumman Shipyard Consolidation, Official Says
By Geoff Fein The recent decision by Northrop Grumman [NOC] to consolidate its shipbuilding sector into one unit should, over time, provide benefits to the Navy, a service official said. […]
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Business/Financial
Boeing Reports Success In UAV Bio-Collection Tests
By Calvin Biesecker Boeing [BA] said recently it has successfully completed a series of tests using modified ship-based ScanEagle Unmanned Aerial Vehicles (UAVs) to track simulated biological plumes, collect the […]
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Business/Financial
Raytheon Unveils Self-Funded Bunker-Busting Warhead
Raytheon [RTN] has successfully tested a new self-funded conventional warhead technology to defeat elusive bunkers, the company said yesterday. Dubbed the Tandem Warhead System, the technology is made up of […]