Business/Financial
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Business/FinancialElbit’s M&A Activities Bear Fruit, Contribute To Record Financial Results
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 […]
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Business/Financial
ICGS Announces Progress On Second Security Cutter
Northrop Grumman [NOC] has successfully lifted the 25-ton mast onto the second Coast Guard National Security Cutter (NSC), putting the ship at 42 percent complete in the production process at […]
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Business/Financial
U.K. MoD Orders More Lockheed Martin Desert Hawk UAS
The United Kingdom’s Ministry of Defence awarded Lockheed Martin [LMT] a $4.8 million contract to procure additional Desert Hawk III Unmanned Aircraft Systems (UAS), the company said Nov. 28. With […]
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Business/Financial
Lockheed Martin Demonstrates Short-Range Capability For SPY-1 Radar
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 […]
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Business/Financial
U.S. Growth Drives QinetiQ’s First Half Results
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 […]
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Business/Financial
Raytheon Gets Development Contract For Submarine Communications System
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 […]
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Business/Financial
Raytheon Wins $1.3 Billion U.K. e-Borders Contract
Raytheon [RTN] recently was selected by the United Kingdom’s Home Office to receive a $1.3 billion contract to develop and install a border security system that will allow British authorities […]
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Business/Financial
Microsoft Enters Simulation And Training Field, Announces Aerospace/Defense Partners
By Ann Roosevelt Microsoft [MSFT] is entering the growing simulation and training world with the announcement of strategic defense and aerospace industry partners that will work together developing new solutions […]
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Business/Financial
General Dynamics Acquires Mediaware International Pty Ltd.
General Dynamics [GD] recently said it has acquired Mediaware International Pty Ltd.,a leading developer of real-time full-motion compressed digital video processing software and systems for defense, intelligence and commercial customers. […]
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ArmyDARPA, Northrop Grumman Move Into Next Phase of UAV Control Architecture
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 […]