Business/Financial
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Business/FinancialBabcock’s VT Group Acquires Evergreen Unmanned Systems
VT Group yesterday said it has acquired Evergreen Unmanned Systems, extending the company’s aviation support capabilities into the growing market for unmanned aircraft systems (UAS). Terms of the deal were […]
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Business/Financial
Supreme Court To Hear 20-Year-Old A-12 Case
By Calvin Biesecker The Supreme Court yesterday agreed to hear oral arguments from Boeing [BA] and General Dynamics [GD] on their appeal of a federal court’s ruling to uphold the […]
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Business/Financial
Northrop Nabs $2.6 Billion Order To Provide IT For New DHS HQ
By Calvin Biesecker The General Services Administration (GSA) last Thursday evening said that Northrop Grumman [NOC] has won a 10-year, $2.6 billion task order to develop the information technology (IT) […]
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Business/Financial
BAE Systems To Provide Cyber Security To FBI
BAE Systems has received a $40 million order to provide critical information security safeguards, including certification and accreditation, to ensure the confidentiality and privacy of FBI computer networks both in […]
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Business/Financial
L-3 Acquires SatCom Firm 3Di Technologies
L-3 Communications [LLL] said this week that it has acquired 3Di Technologies, LLC, a provider of end-to-end satellite communications for forward deployed U.S. Special Operations and in-theater personnel. Terms of […]
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Air ForceDoD, Lockheed Martin Finally Agree On F-35 LRIP IV Contract
By Calvin Biesecker Months later than expected, the Defense Department and prime contractor Lockheed Martin [LMT] yesterday said they have agreed to terms for the fourth low-rate initial production (LRIP) […]
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Business/Financial
L-1 Selling Identity Solutions Portfolio To Safran, Intel Business To BAE
By Calvin Biesecker France’s Safran Group and Britain’s BAE Systems yesterday announced plans to acquire the identity solutions and intelligence services businesses respectively of L-1 Identity Solutions [ID], in two […]
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Business/Financial
ITT To Acquire Airport IT Operations Business From SRA
ITT Corp. [ITT] yesterday said it has agreed to acquire an airport operation management software platform business from SRA International [SRX] to bolster its new commercial aviation data service. Terms […]
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Business/Financial
Navy Wants To Begin T-AO(X) Effort Three Years Early To Aid Ship Industry
By Geoff Fein The Navy will look to move up production of its planned double-hulled oilers from 2017 to 2014 to provide stability and greater competition for the shipbuilding industry, […]
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ArmyGeneral Dynamics Awarded Contract For Joint Biological Point Detection Systems
General Dynamics [GD] Armament and Technical Products has been awarded a $30 million contract by the Army for production and field support of Joint Biological Point Detection Systems (JBPDS). The […]