Business/Financial
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Business/FinancialCoast Guard Awards Small Firm $43 Million For CG-LIMS Software Licenses
The Coast Guard this week said it has awarded a potential five-year, $42.8 million contract to Mythics to provide software licenses for a new information technology system to manage the […]
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ArmyBooz Allen Hamilton To Support Army Maneuver Center of Excellence
Booz Allen Hamilton [BAH] said it is one of the major contractors that will support the Maneuver Center of Excellence (MCoE) at Fort Benning in Columbus, Ga. Booz Allen is […]
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Business/FinancialGD Completes Purchase Of Force Protection
General Dynamics [GD] yesterday said it has completed its $360 million acquisition of Force Protection, expanding its tracked and wheeled military vehicle portfolio and its vehicle services. GD expects the […]
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Business/FinancialITT Exelis, Boeing, Complete Next-Gen Jammer Wind Tunnel Tests
As part of the Next Generation Jammer (NGJ) program’s technology maturation phase, ITT Exelis [XLS] and Boeing [BA] said they have successfully completed wind tunnel testing of the team’s proposed […]
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Business/FinancialMoog Acquires Small Space Engineering Firm
Moog Inc. [MOG.A] last week said it has acquired Netherlands-based firm Bradford Engineering for $13.1 million in cash, complementing its existing European spacecraft components business. Bradford is a developer and […]
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Business/FinancialNorthrop Grumman, ITT Exelis, Team For New Army Radio
Northrop Grumman [NOC] and ITT Exelis [XLS] yesterday said they have teamed to compete for the Army’s new vehicle-mounted, software-defined radio. The Army issued a draft request for proposals Nov. […]
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Air ForceUnited Arab Emirates Requests $60 Million For Javelin Anti-Tank Missiles, Support
The Defense Security Cooperation Agency (DSCA) notified Congress Dec. 14 of an estimated $60 million Foreign Military Sale to the Government of the United Arab Emirates (UAE) of Javelin Anti-Tank […]
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Business/FinancialGD Completes Tender Offer For Force Protection
General Dynamics [GD] yesterday said it had successfully completed its tender offer to purchase all the outstanding shares of Force Protection [FRPT], clearing the last remaining hurdle in its acquisition […]
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Business/FinancialJustice Department Advances General Dynamics Acquisition of Force Protection Inc.
General Dynamics [GD] Friday said the Justice Department granted early termination of the waiting period required by the Hart-Scott-Rodino (HSR) Antitrust Improvements Act in connection with its $5.52-per-share cash tender […]
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ArmyRaytheon Awarded $685 Million FMS For New Patriot Fire Units For Taiwan
Raytheon [RTN] said it was awarded a $685.7 million Foreign Military Sales contract for additional new fire units for Taiwan’s Patriot Air and Missile Defense System. “Our partnership with Taiwan […]