Business/Financial

Adding skills in big data, Northrop Grumman [NOC] yesterday said that the Univ. of Southern California (USC) has joined the company’s Cybersecurity Research Consortium. Northrop Grumman said that USC’s leadership […]

The Armored Group LLC (TAG) and Pi Innovo LLC said they have jointly developed a new active ride control system for use on armored government, commercial and civilian vehicles to […]

A day after announcing it would increase its quarterly dividend payment by 11 percent, Northrop Grumman [NOC] yesterday said it would add $4 billion to its share repurchase authorization. The […]

MBDA, Europe’s leading missile maker, yesterday said it entered a Memorandum of Understanding (MoU) with Lockheed Martin [LMT] to explore the market for using Lockheed Martinlaunchers with MBDA missiles. Under […]

Northrop Grumman [NOC] yesterday said it will increase its quarterly stock dividend by 11 percent to 61 cents per share effective June 12. The dividend currently stands at 55 cents […]

Lockheed Martin [LMT] earlier this month delivered the latest capability for the FBI’s next-generation biometric database, providing the agency with improvements in its ability to search latent fingerprints and a […]

ATK yesterday [ATK] said it has agreed to acquire Caliber Company, a parent of a company that makes rifles and shotguns for hunting and sporting customers, adding guns to its […]

Northrop Grumman [NOC] yesterday said it has signed an agreement with the Department of Homeland Security (DHS) to begin the process of becoming approved to receive classified cyber threat data […]

Cobham plc on Friday said it has acquired wireless communications systems provider Axell Wireless Limited for up to $130.5 million, expanding its portfolio of antenna products and offerings to the […]

Seeking to boost its expertise in the aerospace and defense industry, the private equity firm Blackstone [BX] yesterday said it has hired former Boeing [BA] executive Jim Albaugh as a […]