Business/Financial

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 […]

By Michael Sirak The Air Force last week chose Northrop Grumman [NOC] and Raytheon [RTN] to conduct concurrent developmental work on a next- generation ground control segment for Global Positioning […]

By Geoff Fein After months of layoff, Raytheon [RTN] will restart testing of its Extended Range Guided Munition (ERGM) early next year to demonstrate to the Navy the reliability of […]

Textron [TXT] said last week that 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 […]

Cubic Corp. [CUB] said yesterday it has established a new business initiative to assist federal regulators and the international port and shipping community in achieving compliance with new seaport security […]

ManTech International [MANT] on Friday 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, […]

By Calvin Biesecker Homeland Security Secretary Michael Chertoff has postponed a decision on certifying the cost benefits of new radiation detection portal monitors based on the concerns of Customs and […]

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

Accenture [ACN] said yesterday that it has agreed to acquire MAXIM Systems, an engineering an technical services firm supporting the Defense Department. Terms of the deal, which is expected to […]

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 […]