Business/Financial
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Business/FinancialBAE Completes Acquisition of OASYS Technology
Britain’s BAE Systems yesterday said it has completed its purchase of OASYS Technology, boosting its capabilities in electro-optical systems. "This acquisition strengthens our ability to compete in the night vision […]
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Business/Financial
Boeing Swings To Profit On Strong Commercial Airplane Results
By Calvin Biesecker Boeing [BA] yesterday said its third quarter earnings swung to a profit on higher aircraft deliveries and strong operating performance in its commercial airplanes sector, which more […]
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Business/Financial
Executive Separation Charge Helps Drag Down Lockheed Martin’s Earnings
By Calvin Biesecker Lockheed Martin [LMT] yesterday posted a sharp decline in third quarter earnings largely due to a hefty charge stemming from a previously announced voluntary executive separation program […]
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Business/Financial
AS&E Gets $47 Million In Awards
American Science and Engineering [ASEI] has received two awards worth a combined $46.7 million, including a $42.2 million service and maintenance renewal order from the U.S. government to extend support […]
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Business/Financial
Varian Develops X-Ray Tube For Security Scanning Systems
Varian Medical Systems [VAR] has developed the MCS-80 X-ray tube that facilitates the detection of non-metallic items such as ceramic weapons, plastic explosives, narcotics, liquids and other concealed substances. "The […]
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Business/Financial
CACI To Acquire Firm Specializing In Imagery And Geospatial Services
CACI International [CAI] yesterday said it has agreed to acquire TechniGraphics Inc., a 450-person company specializing in imager and geospatial services to the intelligence community and other customers. Terms of […]
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Business/Financial
GD Win’s Potential $13 Million TSA Award For Screening Equipment Integration
The Transportation Security Administration (TSA) has awarded General Dynamics [GD] a potential three-year, $13.3 million contract for Phase II of the Security Technology Integrated Program (STIP), an agency-wide information technology […]
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Business/Financial
Northrop Grumman Files With SEC For Potential Spin-Off of Ships Business
By Calvin Biesecker As part of its ongoing process of exploring strategic alternatives for its shipbuilding business, Northrop Grumman [NOC] on Friday filed with the federal government for a potential […]
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Business/Financial
Lockheed Martin Selling EIG Unit To Veritas For $815 Million
By Calvin Biesecker Lockheed Martin [LMT] yesterday said it has agreed to sell its Enterprise Integration Group (EIG) business to the private equity firm Veritas Capital for $815 million in […]
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Business/Financial
ManTech Completes Purchase of QinetiQ’s Security And Intelligence Unit
ManTech International [MANT] on Monday said it has completed its $60 million purchase of the Security and Intelligence Solutions (S&IS) business of QinetiQ North America. The S&IS business recently won […]