Business/Financial

Precision Castparts Corp. [PCP] on Sunday said it has agreed to acquire Primus International for $900 million in cash in a move to significantly expand its position supplying aerostructures to […]

TASC Inc. and the International Council on Systems Engineering (INCOSE) yesterday said they have signed an agreement to promote INCOSE’s certifications to qualified TASC engineers.    Under the agreement, TASC […]

Outgoing Deputy Defense Secretary William Lynn is expected to unveil information about the Pentagon’s first-ever cybersecurity strategy this Thursday. Lynn will discuss the plan during a speech and the Pentagon […]

Reprogramming Rundown. The Pentagon’s $5 billion omnibus reprogramming request, dated June 30 and now before Congress, seeks to shift money for varied vehicle efforts including $51 million for 14 more […]

Oshkosh Corp.’s [OSK] Oshkosh Specialty Vehicles (OSV) yesterday said it completed the move of its manufacturing, engineering and product development operations to Clearwater and Bradenton, Fla.  Both facilities are ISO […]

Lockheed Martin [LMT] yesterday said its Information Systems & Global Solutions (IS&GS) business area has received ISO 20000 certification for its information technology (IT) services and solutions, completing an effort […]

Raytheon [RTN] yesterday said it has received an $8.7 million award through a federal communications program to provide a locality in Colorado with a next-generation public safety network, marking the […]

CACI International [CACI] last Friday said it has completed its acquisition of Pangia Technologies, boosting its capabilities in cyber security and expanding its presence with the intelligence community. Terms of […]

Private equity investor and sometimes corporate raider Carl Icahn has acquired a 9.5 percent stake in Oshkosh Truck Corp. [OSK], the diversified manufacturer of commercial, defense and emergency trucks and […]

The Air Force Academy has selected the Cirrus Aircraft SR20 single-engine turboprop for its Powered Flight Program to meet airmanship training requirements. The Air Force has awarded Cirrus a $6.1 […]