Business/Financial

Strong program execution on work it is doing under a U.S. government contract in Afghanistan and on air traffic management programs drove strong earnings at Exelis Inc. [XLS] in the […]

TeleCommunication Systems Inc. [TSYS] Aug. 1 said it received a new $19 million delivery order from the Army for field services support and maintenance of Secret Internet Protocol Router and […]

Maersk Line, Limited (MLL), which serves the U.S. government through the operation of flagged shipping vessels, yesterday said it has acquired 3PSC, which builds and operates special mission ships for […]

General Dynamics [GD] yesterday said it has completed its acquisition of the naval ship repair company Earl Industries, expanding its capabilities in the ship repair market. Terms of the deal, […]

Administration officials provided slightly more insight yesterday into how potential across-the-board budget cuts would be administered at the Pentagon and impact major weapons programs. Deputy Defense Secretary Ashton Carter and […]

The United Kingdom and France July 30 issued a contract to BAE Systems and Dassault Aviation for a Future Combat Air System Demonstration Program Preparation Phase (FCAS DPPP) contract. Chris […]

Cobham Aviation Services joint venture FB Heliservices has been awarded a two-year contract to provide helicopter flying training to the Albanian Ministry of Defense. FB Heliservices will provide a series […]

The Army late Monday issued a Request for Information (RFI) for potential industry sources for procurement of cyber capabilities. The proposed acquisition is for a five-year Multiple Award Task Order […]

Lockheed Martin [LMT], Raytheon [RTN] and Northrop Grumman [NOC] yesterday said they submitted proposals to the Navy to design, build, integrate and test the new Air and Missile Defense Radar […]

The U.K. Ministry of Defense Friday said it signed a 15-year contract valued at some $236 million with ABL Alliance to provide support of the Trident Strategic Weapon System at […]