Business/Financial

Cross Match Technologies recently said it has lowered the expected price range of its forthcoming initial public offering (IPO), suggesting that net proceeds from the sale of stock could be […]

Textron [TXT] said recently it has acquired 85 percent of the stock of United Industrial Corp. [UIC] as it nears the end of its $1.1 billion acquisition of the defense […]

By Michael Sirak The Air Force last week chose Northrop Grumman [NOC] and Raytheon [RTN] to conduct concurrent developmental work on a next- generation ground control segment for Global Positioning […]

By Geoff Fein After months of layoff, Raytheon [RTN] will restart testing of its Extended Range Guided Munition (ERGM) early next year to demonstrate to the Navy the reliability of […]

Textron [TXT] said last week that it has acquired 85 percent of the stock of United Industrial Corp. [UIC] as it nears the end of its $1.1 billion acquisition of […]

Cubic Corp. [CUB] said yesterday it has established a new business initiative to assist federal regulators and the international port and shipping community in achieving compliance with new seaport security […]

ManTech International [MANT] on Friday said it has agreed to acquire McDonald Bradley, Inc. (MBI), an information technology (IT) solutions provider to the federal government, for $76.5 million in cash, […]

General Dynamics [GD] this week said it has acquired Mediaware International Pty Ltd.,a leading developer of real-time full-motion compressed digital video processing software and systems for defense, intelligence and commercial […]

Lockheed Martin [LMT] was awarded a $2.3 million foreign military sales contract to continue concept and preliminary design work on the proposed Israeli Navy’s Littoral Combat Ship (LCS-I), the company […]

By Calvin Biesecker Homeland Security Secretary Michael Chertoff has postponed a decision on certifying the cost benefits of new radiation detection portal monitors based on the concerns of Customs and […]