Business/Financial

L-3 Communications [LLL] said on Sunday it has acquired HSA Systems Pty Ltd of Australia, a $10 million a year provider of geospatial, marine and electronic systems for maritime and […]

By Calvin Biesecker ICx Technologies [ICXT] last Thursday posted a smaller net loss and higher sales in its fourth quarter but the loss was worse than expected, causing some investors […]

A Global Positioning System Block IIR-M satellite was launched into orbit on a United Launch Alliance (ULA) Delta II rocket from Cape Canaveral Air Force Station, Lockheed Martin Corp. [LMT] […]

Army Contract Seeks New Kinetic Missile Interceptor To Kill Rockets, Artillery The Army is awarding contracts for design and demonstration of a prototype kinetic-kill missile interceptor that would take down […]

By Geoff Fein The recent decision by Northrop Grumman [NOC] to consolidate its shipbuilding sector into one unit should, over time, provide benefits to the Navy, a service official said. […]

By Calvin Biesecker Boeing [BA] said recently it has successfully completed a series of tests using modified ship-based ScanEagle Unmanned Aerial Vehicles (UAVs) to track simulated biological plumes, collect the […]

Raytheon [RTN] has successfully tested a new self-funded conventional warhead technology to defeat elusive bunkers, the company said yesterday. Dubbed the Tandem Warhead System, the technology is made up of […]

NCI, Inc. [NCIT] this week said it has agreed to acquire certain assets of MTC Technologies [MTCT] related to the company’s support for the Army, a transaction that is being […]

L-3 Communications [LLL] said yesterday it has agreed to acquire the Electro-Optical Systems (EOS) business from Northrop Grumman [NOC] for $175 million in cash to expand its core offerings of […]