Business/Financial
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Business/FinancialNSA Organization Awards Northrop Grumman Cloud-Based Cyber Security Contract
The National Security Agency’s (NSA) Maryland Procurement Office has awarded Northrop Grumman [NOC] a potential five-year, multimillion dollar contract to develop, integrate and sustain cloud-based information repositories in an integrated […]
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ArmyDirect Hits For Vehicle-Launched Javelin Missiles In Norway
The Javelin Joint Venture, an effort by Lockheed Martin [LMT] and Raytheon [RTN], recently demonstrated the capability to launch Javelin missiles from a vehicle in winter conditions at a test […]
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Business/FinancialGD Completes Purchase Of IPWireless
General Dynamics [GD] yesterday said it has completed its acquisition of IWP Holdings, a provider of 3G and 4G LTE wireless broadband network equipment for public safety and military markets. […]
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Business/FinancialGTSI Says UNICOM Maintains Superior Bid After Go-Shop Expiration
GTSI Corp. [GTSI] yesterday said that it didn’t receive a better acquisition proposal than the planned deal by UNICOM announced last month during a 30-day period that allowed the Northern […]
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ArmyBAE Systems Displays Latest Mine-Protected Vehicle
The latest in BAE Systems’ mine-protected vehicles, the RG35 family of vehicles, is on display this week at the Eurosatory exhibition in Paris. “The new RG35 vehicle is a direct […]
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Business/FinancialMercury Computer Systems To Acquire Micronetics
Mercury Computer Systems, Inc. [MRCY], on Sunday said it has agreed to acquire Micronetics, Inc. [NOIZ] for $71.7 million in cash in a deal that would move it up the […]
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Business/FinancialGD Board Authorizes New Share Repurchase Program
General Dynamics [GD] last week said its board of directors has authorized the company’s management to repurchase 10 million shares of GD’s stock on the open market. There is no […]
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Business/FinancialDuPont Plans To Acquire Assets of BAE Systems’ Tensylon; Aims Toward New Armor Materials
DuPont [DD] Friday said it signed an agreement to acquire the assets of BAE Systems Tensylon High Performance Materials Inc., and has purchased a minority share in Nanocomp Technologies, Inc. DuPont […]
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ArmyDespite Assurances, Ohio Senator Concerned About Tank Production
Ohio Sen. Sherrod Brown (D) continues to push for support for more funds to keep the U.S. tank industrial base viable. “Notwithstanding your assurances, I remain concerned that we as […]
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ArmyLockheed Martin Successful In Controlled EAPS Test Flight
Lockheed Martin’s [LMT] Extended Area Protection and Survivability Integrated Demonstration (EAPS ID) program successfully conducted a Controlled Test Vehicle flight test May 26 at White Sands Missile Range, N.M. The […]