Business/Financial

By Emelie Rutherford A new organization within the Pentagon acquisition chief’s office responsible for all acquisition oversight of Defense Department space and intelligence programs has been officially established with Joshua […]

After months of speculation and rumor, the Coast Guard’s first National Security Cutter (NSC), the CGC Bertholf (WMSL 750), left Northrop Grumman‘s [NOC] Pascagoula, Miss., shipyard and is now making […]

By Calvin Biesecker DRS Technologies [DRS] disclosed last week that a foreign company offered it more money for a potential acquisition than the $81 per share it eventually accepted from […]

BAE Systems said on Friday that discussions over the planned sale of its Flight Systems business unit to Calspan Corp. have terminated and that the business will remain with BAE. […]

By Emelie Rutherford With the Government Accountability Office’s decision on Boeing‘s [BA] protest of the Air Force tanker contract to Northrop Grumman [NOC] expected this Thursday, lawmakers on both sides […]

Kaman Corp. [KAMN] yesterday said it has acquired Brookhouse Holdings, Ltd., a United Kingdom-based designer and manufacturer of composite aerostructures, aerospace tooling and repair services for $85.1 million in cash, […]

The Department of Homeland Security (DHS) this week issued a pre-solicitation notice seeking professional support services to continue a Studies and Analysis Federally Funded Research and Development Center (FFRDC) that […]

Alliant Techsystems [ATK] said this week it is combining its Launch Systems and Space Systems Groups to put all of its space business under a single management structure and will […]

By Calvin Biesecker Stanley, Inc. [SXE] yesterday said it has agreed to acquire Oberon Associates for $170 million in cash, its largest acquisition to date, giving it new customers in […]

BAE Systems said this week it has completed its acquisition of MTC Technologies in a $450 million deal that expands BAE’s business in the United States as well as its […]