Business/Financial

The Boeing Co. [BA] signed an associate contractor’s agreement (ACA) with five other aerospace companies to work together on the Ares I upper stage. That agreement will save NASA time […]

Boeing [BA] officials soon expect to receive the request for the final proposal revision in its competition with Lockheed Martin [LMT] for the military’s next generation Airborne Maritime and Fixed […]

COM DEV USA, LLC, said yesterday it has agreed to acquire the Passive Microwave Devices product line of L-3 Communications [LLL] Electron Technologies Inc. business unit for $12.2 million in […]

By Ann Roosevelt The aerospace industry saw success in 2007, but it won’t remain robust without policies in place to sustain it, according to the Aerospace Industry Association (AIA). The […]

By Calvin Biesecker The FBI yesterday selected Lockheed Martin [LMT] as the systems integrator for an award potentially worth nearly $1 billion to design, develop and deploy its Next Generation […]

Lockheed Martin‘s [LMT] facility in Camden, Ark., has been selected as a recipient of the 2008 Shingo Silver Medallion for demonstrating excellence in manufacturing. The Shingo Silver Medallion is awarded […]

DRS Technologies [DRS] last week reported record third quarter financial results due to strong organic growth and margins across its operating businesses. Net income increased 21 percent to $42.6 million, […]

Raytheon [RTN] Integrated Defense Systems has joined the CSI Halifax Team that is responding to the Canadian Navy’s $1.1 billion Halifax-class Modernization (HCM)–Combat Systems Integration (CSI) program, according to General […]

Lockheed Martin [LMT] announced the award of $194 million from the Army Aviation & Missile Command for production of the combat-proven Army Tactical Missile System (ATACMS). The contract includes the […]

The U.K. Ministry of Defence Feb. 6 announced it awarded Thales UK an initial six-month contract valued at about $7.8 million to undertake the Systems of Systems Integrator (SOSI) role […]