Business/Financial

By Calvin Biesecker New legislation introduced yesterday by the chairman of the House Homeland Security Committee would require the Department of Homeland Security (DHS) to form a working group with […]

By Geoff Fein The Navy is in the process of preparing to release a request for proposal (RFP) in June for Increment II of its presidential helicopter, as the service […]

Australia is looking to spend $450 million for Aegis Combat System components as well as associated equipment and services, the Defense Security Cooperation Agency (DSCA) reported. Australia is seeking the […]

IBM [IBM] has joined the Lockheed Martin [LMT] team that earlier this year won the FBI’s $1 billion program to develop and implement the multi-modal biometric Next Generation Identification (NGI) […]

By Calvin Biesecker Raytheon [RTN] is doing about $1 billion in annual sales in its security business and can do even better by honing its focus across the company and […]

By Geoff Fein Lockheed Martin [LMT] yesterday filed a protest of the Navy’s award of a $1.16 billion contract to Northrop Grumman [NOC] for the Broad Area Maritime Surveillance (BAMS) […]

By Geoff Fein During his tenure as Navy Secretary, Donald Winter has made it a point to visit foreign shipyards when the opportunity presents itself. The visits have enabled Winter […]

Moog [MOG.A] on Friday said it has acquired CSA Engineering, Inc., a small engineering firm that specializes in the design and supply of systems for vibration suppression, precision motion control […]

Space Shuttle Discovery Launch Still On For 5:02 P.M. ET May 31, But Some Later Shuttle Launches To Be Delayed Four Or Five Weeks NASA To Launch Five Missions This […]

Northrop Says Lockheed Joins Its Bid For GPS Work Northrop Grumman Corp. [NOC] recruited Lockheed Martin Corp. [LMT] to join a team competing for the Air Force Global Positioning System […]