Business/Financial
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Business/FinancialManTech To Acquire IT Solutions Provider McDonald Bradley
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 […]
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Business/Financial
Raytheon Acquires Robotics Technologies From Sarcos
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, […]
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Business/Financial
Cross Match Drops Price of Planned IPO
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 […]
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Business/Financial
Textron Closes In On United Industrial Acquisition
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 […]
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Business/Financial
Northrop Grumman, Raytheon Win Work On Next-Gen GPS Control Segment
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. […]
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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. […]