Business/Financial

By Calvin Biesecker Italy’s Finmeccanica said late Monday that it has agreed to acquire DRS Technologies [DRS] for $5.2 billion, including debt, in a deal that would give it a […]

A new NATO Airlift Management Organization (NAMO) is looking to spend upward of $700 million for C-17 Globemaster III Aircraft as well as associated equipment and services, the Defense Security […]

By Geoff Fein The Marine Corps must continue to increase investment in recapitalizing its force, not only to sustain current levels, but to meet future needs, according to a top […]

Authorization Bill Written By House Panel Cuts $719 Million From Missile Defense, Including European BMD, ABL, KEI, MKV Aegis, THAAD, Others, Would Gain Funds A battle will erupt Wednesday in […]

The American Institute of Aeronautics and Astronautics (AIAA) today alleged that U.S. rules restricting exports of American military technology are harming the U.S. aerospace industrial base, especially in satellite component […]

Provisions in a House Armed Services Committee (HASC) strategic forces subcommittee defense authorization bill likely would provide ammunition for any legislators who might wish to cut funding for some ballistic […]

NASA gave Hensel Phelps a contract worth up to $263.8 million to build at least one, and perhaps two, 390-foot-tall mobile launchers that will transport the Ares I rocket to […]

The Boeing Co. [BA] seeks workers in the Houston area with NASA mission operations experience. Those mission operations specialists would aid Boeing in its bid for a facilities development and […]

Northrop Grumman [NOC] said last week it is expanding its presence in the Middle East region with the opening of a new office in Riyadh, Saudi Arabia. "Saudi Arabia represents […]

By Calvin Biesecker The Canadian government on Friday rejected Alliant Techsystems‘ [ATK] proposed acquisition of MacDonald, Dettwiler and Associates‘ (MDA) space business saying the deal demonstrated no net benefit to […]