Business/Financial

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 […]

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 […]

L-3 Communications [LLL] yesterday said it has realigned some of its businesses in its Specialized Products segment to form the $1.2 billion Marine and Power Systems Group, enhancing the customer […]

Shareholders for Canada’s MacDonald, Dettwiler and Associates Ltd. (MDA) yesterday overwhelmingly approved the sale of the company’s Information Systems and Geospatial Services business to Alliant Techsystems [ATK], keeping the deal […]

SAIC [SAI] yesterday said it has agreed to acquire Icon Systems, Inc., a small San Diego-based firm specializing in the development and production of laser-based systems and products for military […]

Boeing, Lockheed, Northrop, Orbital Get DARPA Contracts For Mini-Satellites; Splitting One Satellite Into Parts Would Bolster Survivability Against Anti-Satellite Attacks, And Against Damage Caused By Space Debris Demonstration Of ‘Fractionated’ […]

QinetiQ March 3 announced it signed with the U.K. MoD a five-year, approximately $1.8 billion firm price agreement confirming price, volume and availability for the Long Term Partnering Agreement (LTPA) […]

Britain’s BAE Systems this week said it has agreed to sell its California-based Flight Systems business unit to Calspan Corp. for $62.5 million in cash as it focuses its on […]

General Dynamics [GD] Armament and Technical Products unit is investing more than $5 million in production equipment and accelerating its enterprise- wide focus on Lean/Six Sigma-based process improvements at its […]

By Calvin Biesecker CoVant, a private equity partnership firm founded in late 2006, said yesterday it has made its first acquisition, A-T Solutions, Inc., which provides analytical and training services […]