Business/Financial
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Business/FinancialRaytheon Consolidating Operating Groups
Raytheon [RTN] yesterday said that effective April 1 it is consolidating its six operating segments into four in order to save money, streamline operations, increase productivity and better align itself […]
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Business/Financial
Safariland Acquires Lifesaving Equipment Manufacturer Mustang Survival
The Safariland Group, a portfolio company of the security consulting firm Kanders & Co., has acquired Mustang Survival, a manufacturer of protective products and equipment primarily for law enforcement and […]
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ArmyArmy Releases Draft RFP For Armored Multi-Purpose Vehicle
The Army is moving forward with its revised Armored Multi-Purpose Vehicle (AMPV) acquisition strategy, releasing on Friday a draft Request for Proposal (RFP) for industry review and comment, ahead of […]
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Business/Financial
With Eye To Expansion, GD Opens Cyber Forensics Lab
COLUMBIA, Md.—To make room for expansion and better position itself to handle increasing demand for cyber security services, General Dynamics [GD] has opened a new laboratory here that provides network […]
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Business/Financial
Lockheed Martin BMD Efforts Move Ahead, Officials Say
Lockheed Martin [LMT] continues its work on ballistic missile defense programs even as program uncertainties and budget cuts loom, company officials said. “There’s an increased concern about the (ballistic missile) […]
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Business/Financial
Aerospace And Defense Sector Sales Up On Commercial Demand But Earnings Fall In 2012 On Defense, Deloitte Says
A record year in commercial aircraft deliveries lifted the aerospace and defense sector to higher sales in 2012, but slowing defense spending drove the sector’s operating earnings down last year, […]
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Business/Financial
IAI Posts Higher Fourth Quarter Sales And Profit
Israel Aerospace Industries (IAI) yesterday reported higher fourth quarter sales and earnings while backlog and orders rose in 2012. Net income in the quarter was $23 million versus $1 million […]
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Business/Financial
Raytheon Increases Dividend
Raytheon [RTN] yesterday said it is increasing its annual dividend by 10 percent to $2.20 per share from $2.00, marking the ninth straight year the company has increased its dividend. […]
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Business/Financial
U.K. Makes $3 Billion Commitment To Aerospace Industry
The U.K. government and industry yesterday pledged a long-term partnership and an approximately $3 billion investment in the aerospace industry to keep its manufacturing on the cutting edge. Launched yesterday […]
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Business/Financial
CACI Creates Two New Business Groups
CACI International [CACI] yesterday said it is creating two new business groups, one C4ISR Solutions and the other Mission Systems and Services, to pursue strategic growth opportunities across all of […]
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