Business/Financial

Today and tomorrow, General Dynamics [GD] UK will showcase its “Base of the Future” at the DVD demonstration at Millbrook Proving Ground, Bedforshire, U.K. Base of the Future demonstrates how […]

It’s unclear how nearly $500 billion in looming defense spending cuts will be implemented and what the exact consequences will be, but there will be changes to the defense industrial […]

The Coast Guard last Friday evening released the draft Request for Proposals (RFP) for its new medium-endurance cutter, saying it plans to award up to three preliminary design contracts in […]

TenCate Advanced Armor yesterday said it was selected as supplier to Daimler AG for ballistic protection of the Daimler Zetros protected transport trucks, due to be delivered to the German […]

L-3 Communications [LLL] this week appointed Steve Kantor, currently the president of its Services Group, to be president of the Electronic Systems Group. Kantor will succeed James Dunn, who will […]

Princeton Security Technologies, Inc. [PSGY], a small firm specializing in the development and manufacture of radiation and X-ray detection products, said this week that it has agreed to be acquired […]

CACI International [CACI] last week said that Paul Cofoni, its president and CEO, will retire later this year and that Dan Allen, the president of the company’s U.S. Operations, will […]

Textron Marine & Land Systems [TXT] (TM&LS) yesterday said it received a third option award for 71 Mobile Strike Force Vehicles (MSFV) for the Afghanistan National Army (ANA). The vehicles […]

In a letter this week to U.S. Defense Secretary Leon Panetta, Italian Defense Minister Adm. Giampaolo Di Paola urged an effort to continue funding the Medium Extended Air Defense System […]

Canada’s Associate Minister of National Defence Julian Fantino on June 8 welcomed the government’s decision to award about $688.4 million in two contracts–for acquisition and sustainment–to Textron Systems Canada Inc. […]