Business/Financial
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Business/Financial
Elbit’s M&A Activities Bear Fruit, Contribute To Record Financial Results
By B.C. Kessner TEL AVIV, Israel—Elbit Systems [ESLT] on Wednesday reported its consolidated results for the third quarter ending Sept. 30 with the company’s president and CEO saying recent acquisitions […]
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Business/Financial
Accenture To Acquire Defense Consulting Firm MAXIM
Accenture [ACN] said yesterday that it has agreed to acquire MAXIM Systems, an engineering an technical services firm supporting the Defense Department. Terms of the deal, which is expected to […]
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Business/Financial
Raytheon Wins $1.3 Billion U.K. e-Borders Contract
Raytheon [RTN] recently was selected by the United Kingdom’s Home Office to receive a $1.3 billion contract to develop and install a border security system that will allow British authorities […]
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Business/Financial
Raytheon Wins $1.3 Billion U.K. e-Borders Contract
By Calvin Biesecker Raytheon [RTN] yesterday was selected by the United Kingdom’s Home Office to receive a $1.3 billion contract to develop and install a border security system that will […]
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Business/Financial
Lockheed Martin Jumps Into Hot Solar Market
By George Lobsenz Lockheed Martin [LMT], the giant defense contractor, announced this week it is jumping into the red-hot solar energy market through a joint venture with Starwood Energy Group […]
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Business/Financial
General Dynamics Acquires Mediaware International Pty Ltd.
General Dynamics [GD] yesterday 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 customers. […]
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Business/Financial
IDF Awards Lockheed Martin $2.3 Million For LCS Combat Systems Study
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 […]
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Business/Financial
Raytheon Acquires Robotics Technologies From Sarcos
Raytheon [RTN] said on Monday it has acquired the robotics technologies and capabilities from Sarcos Inc., which does research and development in advanced robotics systems for industry and entertainment, medical […]
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Business/Financial
Earnings Notes And News
American Science & Engineering [ASEI] 2Q08 2Q07 Sales $37.6M $29.6M Net Inc. ($4.5M, $0.48) ($4.8M, $0.49) Despite a 27% jump in sales, profits fell due to lower gross margins […]
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Business/Financial
Northstar Aerospace To Complete Development of Innovative Transmission For Apache Block III
Northstar Aerospace Inc.’s subsidiary, Northstar Aerospace (Canada) Inc. recently announced it received a four year, potential $26 million contract from Boeing [BA] to complete the development and flight certification of […]