Business/Financial

Northrop Grumman [NOC] Feb. 19 announced MBDA Italia has selected the company to provide the navigation and localization system for the U.S., German and Italian Medium Extended Air Defense System […]

By Jen DiMascio The Air Force’s list of $20 billion in unfunded requirements was front and center at a House Armed Services Committee (HASC) hearing yesterday. Members of the committee […]

General Dynamics [GD] C4 Systems Feb. 8 protested to the Government Accountability Office the Army’s award to Lockheed Martin [LMT] of production and support for the Common Army/Marine Command and […]

By Ann Roosevelt FT. LAUDERDALE, Fla.–Internal discussions have led the Army to elevate the debate over its potential $160 billion top modernization program, the Future Combat Systems (FCS), according to […]

Microsoft [MSFT] took another step forward into the defense and aviation arena with its simulation ESP Platform, announcing two new industry parners: Lockheed Martin [LMT] and Flight Safety International. "As […]

Bob Hastings, BAE SYSTEMS‘ vice president for communications, is leaving the company to take a job next month as principal deputy assistant secretary of defense for public affairs, according to […]

Raytheon [RTN] will head a team of companies and universities to pursue a National Oceanic and Atmospheric Administration (NOAA) next-generation Geostationary Operational Environmental Satellite R series known as the GOES-R […]

General Dynamics [GD] United Kingdom Limited has begun rolling out enhanced communications and data capabilities for the Bowman tactical communications system. The U.K. Ministry of Defence has formally accepted the […]

Kratos Defense & Security Solutions [KTOS] said yesterday it plans to acquire SYS Technologies [SYS] in a stock-for- stock transaction that will expand the companies portfolio of C4ISR and combat […]

By Geoff Fein Rep. Gene Taylor (D-Miss.) lashed out yesterday at the Coast Guard for not putting forth more effort to recover funds spent on an attempt to extend the […]