Business/Financial

TransDigm Group [TDG] last Friday said it has agreed to acquire AmSafe Global Holdings for $750 million in cash, giving it more products that are installed on passenger jets as […]

Textron, Inc.’s [TXT] AAI Unmanned Aircraft Systems unit and ViaSat, Inc. [VSAT] have entered into a strategic alliance aimed at developing and maturing beyond-line-of-sight satellite communications capabilities for current and […]

Defense Secretary Leon Panetta said last Friday industry has to do more to control costs with weapon systems when he formally announced work on an F-35 Joint Strike Fighter variant will […]

The private equity group LLR Partners has acquired Paragon Technology Group, a small information technology (IT) supporting the Defense Department and federal health agencies. Terms of the deal were not […]

Lockheed Martin [LMT] yesterday said it will not protest the Missile Defense Agency Award to Boeing [BA] Dec. 30 for Development and Sustainment of the Ground-based Midcourse Defense element of […]

Boeing [BA] recently said it received an approximately $370 million Army contract for 14 CH-47F Chinook helicopters to support Foreign Military Sales efforts. Under the Dec. 28 contract, the aircraft […]

To help it better serve some of its classified customers in the area of cyber security, General Dynamics [GD] yesterday opened its Cyber and Intelligence Solution Center near Fort Meade, […]

Rockwell Collins [COL] yesterday said its first quarter sales were relatively flat while net income tumbled 14 percent due to a higher tax rate. Net income in the FY ’12 […]

Four senior lawmakers are objecting to the Obama administration’s plans to negotiate a code of conduct with other nations for activity in space. Among their concerns, cited in a letter […]

Adding to its capabilities in Unmanned Aircraft Systems (UAS), Lockheed Martin [LMT] on Tuesday said it has acquired Procerus Technologies, a company that develops and produces avionics systems for micro […]