Business/Financial
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Business/FinancialTeledyne To Acquire Danish Marine Acoustics Firm
Teledyne Technologies, Inc. [TDY], yesterday said it has agreed to acquire RESON A/S. a Denmark-based provider of marine acoustic imaging and measurement solutions, to complement the company’s marine instrumentation and […]
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ArmyRaytheon Tests Active Protection System, Says Shows Maturity
Raytheon [RTN] is ready for formal government testing in March of its Quick Kill Active Protection System (APS) following the success of its own tests that a company official said […]
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Business/FinancialGeneral Atomics Acquires Source For Key Electrical Components
General Atomics said its Electromagnetic Systems Group has acquired a business unit of Circuit Components, Inc. (CCI), a deal which provides it with a United States-based and owned source of […]
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Business/FinancialTriMas Expands Presence In Aerospace Market With Acquisition
TriMas Corp. yesterday said it has acquired Martinic Engineering for $19 million, providing it with new engineered products for the aerospace industry. Martinic, which is based in California, manufactures precision […]
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Business/FinancialNew Cyber Security Product Firm Open For Business
TaaSERA, a provider of real-time detection and threat analysis cyber security solutions, yesterday announced its entry as a company in the cyber security space, and introduced its first product, a […]
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Business/FinancialATK Looks To Regain Lost Satellite Component Market Share
BELTSVILLE, Md. — ATK [ATK] is looking to take advantage of reformed export control laws to regain satellite components market share. “We export a lot of our components and, hopefully, […]
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ArmyArmy Avoids Nearly $300 Million With Early Closure at Chemical Agent Disposal Facility
The Army Chemical Materials Activity (CMA) yesterday said it recently realized a cumulative cost avoidance to taxpayers of more than $290 million by achieving the end of closure operations early […]
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Business/FinancialRaytheon’s Earnings Tumble On Flat Sales In Fourth Quarter
Flat sales, a debt retirement charge and higher operating costs drove Raytheon’s [RTN] fourth quarter earnings down and the company is forecasting sales and earnings declines for 2013. Net income […]
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ArmyArmy Orders Upgrades Manpack Radios To Communicate With SATCOM System
Under a $5 million contract, the Army ordered kits in December to upgrade 100 of General Dynamics’ [GD] Handheld, Manpack, Small Form Fit (HMS) AN/PRC-155 two-channel Manpack radios to enable […]
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Business/FinancialEarnings, Sales Fall At Lockheed Martin In Fourth Quarter
Lockheed Martin [LMT] yesterday reported a drop in its fourth quarter earnings due to higher expenses and decreased operating margins while sales eased a bit from a year ago. Net […]