Business/Financial

By Geoff Fein Lockheed Martin [LMT] successfully demonstrated a new Extreme Short Range (ESR) mode for its family of SPY-1 naval radars that will extend the coverage radius to support […]

TEL AVIV, Israel— Elbit Systems [ESLT] on recently reported its consolidated results for the third quarter ending Sept. 30 with the company’s president and CEO saying recent acquisitions helped generate […]

By Michael Sirak The Pentagon’s advanced research shop and industry partner Northrop Grumman [NOC] are moving into the next phase of a program that will allow Army personnel to coordinate […]

ManTech International [MANT] recently said it has agreed to acquire McDonald Bradley, Inc. (MBI), an information technology (IT) solutions provider to the federal government, for $76.5 million in cash, giving […]

Raytheon [RTN] said recently it has acquired the robotics technologies and capabilities from Sarcos Inc., which does research and development in advanced robotics systems for industry and entertainment, medical devices, […]

Cross Match Technologies recently said it has lowered the expected price range of its forthcoming initial public offering (IPO), suggesting that net proceeds from the sale of stock could be […]

Textron [TXT] said recently it has acquired 85 percent of the stock of United Industrial Corp. [UIC] as it nears the end of its $1.1 billion acquisition of the defense […]

The Air Force recently chose Northrop Grumman [NOC] and Raytheon [RTN] to conduct concurrent developmental work on a next- generation ground control segment for Global Positioning System (GPS) navigation satellites. […]

Britain’s QinetiQ yesterday posted strong first-half results led by the company’s QinetiQ North America (QNA) division, which saw its revenues soar due to acquisitions and strong organic growth. Sales increased […]

By Geoff Fein Raytheon RTN] has been awarded a $5.2 million contract to provide the Navy with a tactical paging system to improve submarine communications at speed and depth. Dubbed […]