Business/Financial

By Ann Roosevelt Northstar Aerospace Inc.’s subsidiary, Northstar Aerospace (Canada) Inc. yesterday announced it received a four year, potential $26 million contract from Boeing [BA] to complete the development and […]

The Airborne Laser (ABL) and the European ballistic missile defense (BMD) programs that once faced devastating funding cuts have rallied, with a House-Senate conference committee providing those programs most of […]

L-3 Communications [LLL] this week introduced its financial guidance for 2008, saying its net earnings will grow faster than the company’s organic sales. Earnings per share (EPS) in 2008 are […]

Rapiscan Systems and Brijot Imaging Systems have signed a seven-year agreement that allows Rapiscan to market and sell Brijot’s passive millimeter wave screening body scanner that is capable of screening […]

Thales announced Oct. 29 two awards for its AN/PRC-148 JTRS handheld radio from the Joint Program Executive Office Joint Tactical Radio System (JPEO JTRS) under the Consolidated, Interim, Single-channel, Handheld […]

By Calvin Biesecker Cross Match Technologies yesterday said it has lowered the expected price range of its forthcoming initial public offering (IPO), suggesting that net proceeds from the sale of […]

iRobot Corp. (IRBT) yesterday announced the U.S. District Court for the District of Massachusetts has granted, in part, iRobot’s request for preliminary injunction in a lawsuit against former employee Jameel […]

General Dynamics [GD] United Kingdom Limited has been awarded a 10-month, approximately $2 million contract for the Assessment Phase of the U.K. Ministry of Defence’s LISTENER program. LISTENER is a […]

Aerospace industry sales may top $200 billion this year, according to John Douglass, the outgoing Aerospace Industries Association president and CEO. That would be a roughly 9 percent advance from […]

By Ann Roosevelt The United States should keep an eye on acquisition developments around the world, but streamlining the process at home would help in a rapidly changing environment, according […]