Business/Financial
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Business/FinancialNorthrop Grumman Completes Acquisition Of M5
Northrop Grumman [NOC] yesterday said it has completed its purchase of Australia’s M5 Network Security, expanding its ability to provide cyber security and communications solutions to customers in Australia. M5’s […]
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Business/Financial
Hale Examines Ways To Work With CR, Sequestration Limits
The temporary six-month budget the Pentagon will operate under starting Oct. 1 will cause serious problems, spurring officials to examine ways to work around its legal restrictions, the Pentagon’s top […]
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Business/Financial
GeoEye, DigitalGlobe Receive Second Justice Department Requests For Info
GeoEye and DigitalGlobe [DGI] received requests for additional information from the Justice Department (DoJ) Friday regarding the proposed merger of the two satellite imagery providers. DigitalGlobe said in a statement […]
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Business/Financial
Senate OK’s Army Weapons Czar, DoD Heeds Russian Contractor Concerns
The Senate confirmed Heidi Shyu to be the Army’s top weapons buyer after a senator stopped stalling a vote on her nomination because of concerns about a Russian arms firm. Shyu, […]
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Business/Financial
Defense-Minded Senators Call For Bipartisan Plan To End DoD Cuts This Year
A group of defense-minded senators from both parties want Senate leaders to ensure lawmakers will be able to weigh any bipartisan proposals to stop so-called sequestration budget cuts before the […]
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Business/Financial
Eyeing Sequestration, Rockwell Collins Gives FY ’13 Guidance
Rockwell Collins [ROC] on Friday announced its financial guidance for FY ’13 with earnings per share (EPS) expected to range between $4.30 and $4.50, which is below consensus expectations but […]
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Business/Financial
Defense-minded Lawmakers Want Bipartisan Deal On DoD Cuts This Year
A group of defense-minded senators from both parties want Senate leaders to ensure lawmakers will be able to weigh any bipartisan proposals to stop so-called sequestration budget cuts before the […]
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Business/Financial
BAE Systems Land Systems South Africa Signs Teaming Agreements
BAE Systems Land Systems South Africa yesterday said it recently signed teaming agreements with International Golden Group (IGG) in the United Arab Emirates (UAE) and with Kenyan company Rongai Workshop. […]
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Business/Financial
DoD Team Looking At Sequestration Budget Cuts
A Pentagon “team” is looking at the impact of potential sequestration budget cuts and officials expect to craft detailed plans showing how defense programs would be impacted, the Pentagon’s budget […]
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Business/Financial
DoD To Back Off Push For Type of Fixed-Price Contract
The Pentagon overreacted when it emphasized its desire for a variety of fixed-price contract with industry and will acknowledge the need for varied types of business deals in a new acquisition effort, […]