Business/Financial

L-1 Identity Solutions [ID] has agreed to acquire Canada’s Bioscrypt Inc. in a $44 million stock-for-stock transaction, in a deal that would give it capabilities and customers in the biometric-based […]

By Calvin Biesecker Alliant Techsystems [ATK] yesterday said it has agreed to acquire the space and related information systems business of Canada’s MacDonald Dettwiler and Associates (MDA) in a $1.3 […]

Lockheed Martin [LMT] has begun jockeying to get a piece of the action in the Ground-based Midcourse Defense (GMD) missile shield program now led by prime contractor Boeing [BA], a […]

By Geoff Fein and Jen DiMascio Northrop Grumman [NOC] and Oshkosh Truck Corp. [OSK] yesterday said they are partnering to compete for the Joint Light Tactical Vehicle (JLTV) program. Additionally, […]

Sikorsky [UTX] Dec. 26 announced the first H-92 helicopter featuring fly-by-wire (FBW) technology completed its first successful flight Dec. 20 at the Sikorsky Development Flight Center in West Palm Beach, […]

By Jen DiMascio The National Security Agency recently certified a Falcon III radio developed by Harris Corp. [HRS] to transmit and receive top-secret information, the company said yesterday. The recently […]

By Calvin Biesecker L-1 Identity Solutions [ID] yesterday said it as agreed to acquire Bioscrypt Inc., a Canadian-based firm specializing in biometric access control primarily for commercial customers, for about […]

The Latest Word On Trends And Developments In Aerospace And Defense Campaign Report. An overflow crowd at BAE Systems in Nashua, N.H., turned out last week to listen to Sen. […]

By Calvin Biesecker BAE Systems last Friday said it has received a $29 million contract from the Department of Homeland Security (DHS) to install its JETEYE aircraft missile defense system […]

By Geoff Fein The Army last month awarded Raytheon [RTN] Missile Systems a $232 million contract for the 120mm medium range munitions (MRM) program over a competing bid from ATK […]