Business/Financial

The United Arab Emirates is looking to spend upward of $9 billion to buy 288 Patriot Advanced Capability-3 (PAC-3) missiles as well as associated equipment and services, the Defense Security […]

Wyle said recently it has agreed to acquire RS Information Systems (RSIS), significantly expanding the company’s capabilities and customer base in the federal information technology (IT) sector and also giving […]

Kuwait has requested a possible $1.36 billion sale of 80 PAC-3 missiles, PAC-2 missile upgrades to GEM (Guidance Enhanced Missile)-T, and Patriot ground support equipment upgrades as well as associated […]

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 […]

By Geoff Fein The Navy and Northrop Grumman [NOC] are working to develop, test and eventually integrate technologies onto both variants of the Littoral Combat Ship (LCS) that will enable […]

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 […]