International
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International
Elbit Posts Strong Quarterly Revenues, Record Backlog
Israel’s Elbit Systems [ESLT] Wednesday reported a 6.6 percent gain in year-on-year quarterly consolidated revenues, driven largely by C4ISR and unmanned aerial vehicle (UAV) activity, and a new record backlog […]
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International
U.S. Business Drives Strong FY ’09 At QinetiQ
Britain’s QinetiQ recently posted double-digit sales and operating profits for its 2009 fiscal year driven by strong growth in performance at its United States-based division, which accounts for nearly half […]
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International
DRS To Acquire Communications Systems Firm Soneticom
DRS Technologies, the United States subsidiary of Italy’s Finmeccanica, has agreed to acquire Soneticom, Inc., a provider of custom and semi-custom high- technology communications products and systems for customers in […]
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Homeland Security
DHS Begins Testing US-VISIT Biometric Exit Procedures
The Department of Homeland Security (DHS) yesterday began collecting fingerprints and photographs of foreign nationals departing the United States from two airports as part of a test under the US-VISIT […]
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International
France Orders Five Additional EC725 Helicopters
European Aeronautic Defence and Space Co.’s (EADS) Eurocopter recently said the French Defense Ministry has ordered five additional EC725 helicopters from as part of the government’s economic recovery plan. "This […]
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Business/Financial
Raytheon Is Exploring Other Opportunities For AESA
By Geoff Fein Raytheon [RTN] continues to explore opportunities for its Active Electronically Scanned Array (AESA) radar, but the focus of the advanced radar remains the Navy’s F/A-18E/F Super Hornets, […]
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Business/Financial
U.K. Firm Acquires Supply Chain Security Division of First Advantage
BSI Group, a multinational standards and training company based in Britain, has acquired the supply chain security business of California-based First Advantage Corp. [FADV], allowing it to offer its customers […]
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Army
General Dynamics To Produce Reactive Armor For Stryker Vehicles
General Dynamics’ [GD] Land Systems-Canada yesterday said it was awarded a contract valued at more than $150 million to General Dynamics Armament and Technical Products to qualify and produce reactive […]
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Business/Financial
DRS To Acquire Communications Systems Firm Soneticom
DRS Technologies, the United States subsidiary of Italy’s Finmeccanica, has agreed to acquire Soneticom, Inc., a provider of custom and semi-custom high- technology communications products and systems for customers in […]
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International
Raytheon Executive Appointed To U.S.-India Business Council Board
Raytheon [RTN] executive Walter Doran, who has with expertise in Asian military and political affairs spanning decades, has been appointed to the U.S.-India Business Council (USIBC) board of directors. The […]