Business/Financial

In the face of hundreds of billions of dollars in defense budget cuts that would begin next year if Congress can’t agree on longer-term budget plans to whittle the national […]

Cobham plc’s Aviation Services yesterday said its FB Heliservices has been awarded a $303 million four-year contract plus two possible one-year extensions by the U.K. Ministry of Defence to continue […]

Senate co-sponsors of bi-partisan legislation that would give the Department of Homeland Security (DHS) authority to designate which private infrastructure in the country should be required to meet certain performance […]

John Jumper, SAIC’s [SAI] new CEO, yesterday said that Stu Shea, president of the company’s ISR Group, is now the chief operating officer (COO) for the company. As head of […]

Reporting for the first time as a public company, ITT Exelis [XLS] on Friday posted lower operating income in the fourth quarter in part due to costs associated with its […]

As expected, a group of Republican senators yesterday introduced a cyber security bill that they said focuses on improved information sharing between the government and industry without creating more government […]

The Army Product Manager for Radars (PdM Radars) yesterday awarded an $881 million contract yesterday to Lockheed Martin [LMT] for the AN/TPQ-53 Firefinder Radar, formerly called the EQ-36. Additional information […]

Italy’s Finmeccanica and its partner Northrop Grumman [NOC] have received a $66.6 million contract from a NATO agency to develop, implement and support an information assurance service for a number […]

Customs and Border Protection (CBP) has issued a solicitation for the procurement of fully integrated, non-developmental Remote Video Surveillance System (RVSS) upgrades that encompass an open systems architecture to be […]

ATK [ATK] yesterday said it recently received the award of a fourth contract option to produce 30mm PGU-15A/B cartridges for the Army Contracting Command, Rock Island Contracting Center (RICC), Rock […]