Business/Financial

By Michael Sirak The Boeing [BA] HH-47 helicopter will prevail once again in the Air Force’s revised CSAR-X competition because it is the best platform for the combat- search-and-rescue mission, […]

By Ann Roosevelt Missile Defense Agency (MDA) Director Air Force Lt. Gen. Trey Obering yesterday announced that a seeker characterization test Dec. 3 for the Net-Centric Airborne Defense Element (NCADE) […]

The Air Force and a Boeing [BA]-led industry team have demonstrated in-flight the ability of unmanned aircraft to rendezvous autonomously with tanker aircraft so that they could be refueled in […]

Axsys Technologies [AXYS] on Monday said it has sold its non-core Distributed Products business and has realigned its organizational structure to focus on its security, defense and space markets. Under […]

By Calvin Biesecker The Transportation Security Administration (TSA) and Continental Airlines [CAL] kicked off a new pilot project this week at George Bush International Airport that allows passengers to receive […]

General Dynamics [GD] United Kingdom Limited subsidiary yesterday announced it is collaborating with the University of the West of England (UWE), the Imperial College London, the Home Office Scientific Development […]

By Calvin Biesecker Cross Match Technologies and L-1 Identity Solutions [ID] have received initial orders for both companies’ 10-print fingerprint systems as part of an upgrade of the Department of […]

By Ann Roosevelt More than 100 Galil Motion Control components are part of PVP Advanced Electro-Optical Systems Inc., (PVPAEO), which supply the General Dynamics [GD] Stryker Mobile Gun System (MGS) […]

The German Ministry of Defence has tapped Krauss-Maffei Wegmann GmbH & Co. KG (KMW) under an approximately $46.4 million deal to supply 10 new Fennek reconnaissance vehicles to the armed […]

Bell Helicopter Textron [TXT] and the Army Aviation Applied Technology Directorate (AATD) have signed an agreement to develop and mature state-of-the- art condition based maintenance (CBM) technologies. Bell’s winning proposal […]