Business/Financial

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 […]

L-3 Communications [LLL] on Tuesday said it will be increasing its quarterly stock dividend by 20 cents to 30 cents per share, a move that is in line with its […]

SRA International [SRX] yesterday reported higher second quarter earnings and sales, which were driven largely by acquisitions. Net income increased 8 percent to $18 million, 30 cents earnings per share […]

BAE Systems will develop an interim all-quadrant defensive weapon system for the Air Force’s CV-22 Osprey aircraft, the company reported. The $491,000 contract awarded earlier this month by the U.S. […]

General Dynamics [GD] European Land Systems recently said its General Dynamics Santa Barbara Sistemas operations in Spain has signed a $64 million contract with the Spanish army for the supply […]

Boeing [BA] recently said it was awarded a $20 million contract to provide an AH-64D Apache Longbow Crew Trainer (LCT) and life-cycle support to the Egyptian air force. "We are […]

By Calvin Biesecker Raytheon [RTN] yesterday reported strong fourth quarter earnings and sales driven by improvements in all but one of its operating segments and the company recorded a record […]

By Calvin Biesecker Alliant Techsystems [ATK] yesterday posted strong third quarter financial results due to balanced performance across its operating divisions and the company raised its fiscal year 2008 earnings […]

By Jen DiMascio A "downpour" of spending on cyber security is expected in 2008 and 2009, a homeland security lawyer said recently. Last year, a number of security breaches were […]

By Calvin Biesecker L-3 Communications [LLL] yesterday posted strong fourth quarter income and sales driven by organic growth and better operating performance. Almost all of the sales growth in the […]