Business/Financial

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 […]

Israel has requested the sale of 25 T-6A Texan aircraft as well as associated equipment and services, according to the Defense Security Cooperation Agency (DSCA). The total value of the […]

By Geoff Fein The next year will be a busy time for the Navy’s P-8 Poseidon program as it prepares for first flight of its developmental test aircraft in FY […]

By Emelie Rutherford Congress should move quickly to confirm a new Air Force secretary and chief of staff so questions about the protested tanker contract can be answered and the […]