Business/Financial

By Geoff Fein The Navy is confident the Electro Magnetic Aircraft Launch System (EMALS) being designed for CVN-21 will help reduce manning on carriers, increase aircraft sortie rates, and provide […]

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 […]

Singapore Technologies Engineering Ltd. (ST Engineering) this week said its land systems arm, Singapore Technologies Kinetics Ltd. (ST Kinetics), was awarded a contract worth moer than $30 million from the […]

Northrop Grumman‘s [NOC] said its international business in remote control vehicles for explosive ordnance disposal (EOD) continues to grow with sales of its Revolution vehicles in Asia and the Asia […]

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 […]

By Calvin Biesecker 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 […]

By Ann Roosevelt Northrop Grumman [NOC] and Oshkosh Corp. [OSK] Feb. 20 announced they have selected Israel’s Plasan, a leading developer and manufacturer of add-on armor systems for the military […]

The Air Force has awarded Boeing [BA] a $49 million contract for laser technology development. The Laser Application Support and In-house Research and Development (LASIR) contract calls for Boeing to […]

By Ann Roosevelt 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 […]

By Ann Roosevelt 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 […]