Business/Financial
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Business/FinancialDeYoung Looks To Sharpen ATK’s Focus On Organic, International Growth
By Calvin Biesecker Despite pressure on defense spending in the United States and abroad, ATK‘s [ATK] new chief believes his company has plenty of opportunities to improve its market position […]
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Business/Financial
SRA Acquires Energy Management Consulting Firm
SRA International [SRX] yesterday said it has acquired the energy consulting firm Sentech in a deal that supplements its current environmental information technology (IT) and consulting services business and expands […]
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Business/Financial
Canada Commits $8.5 Billion For 65 Lockheed Martin F-35s
Canada has committed approximately $8.5 billion for the acquisition of 65 Lockheed Martin [LMT] F-35 Lightning II Joint Strike Fighters (JSF) as the country looks to replace its fleet of […]
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Business/Financial
Northrop: Shipbuilding Business Has Room For Sales And Profit Growth
By Calvin Biesecker Despite its surprising announcement on Tuesday that it plans to exit the shipbuilding business, Northrop Grumman [NOC] yesterday said its shipbuilding operations can increase revenues and have […]
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Business/Financial
Moving Work to Pascagoula Will Be Positive, Official Says
By Geoff Fein While the decision by Northrop Grumman [NOC] to consolidate almost all of its Gulf Coast shipbuilding work in Pascagoula, Miss., left a lot of unanswered questions, the […]
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Business/Financial
L-1 Gets DHS S&T Contract For Mobile Fingerprint Technology
The Department of Homeland Security (DHS) Science and Technology (S&T) Directorate, Human Factors Division, has awarded a research and development contract to L-1 Identity Solutions [ID] for next-generation technology for […]
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Business/Financial
Monument Capital Group In Distribution, Equity Agreement With Vortex
Vortex Systems LLC, the principal supplier of unattended ground sensors (UGS) to the U.S. Border Patrol, has signed an international distribution and equity acquisition agreement with Monument Capital Group LLC […]
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Business/Financial
L-3 Authorizes $1 Billion Share Repurchase Program
L-3 Communications [LLL] yesterday announced a new stock repurchase program that gives the company authority to buy up to $1 billion of its common stock through the end of 2012. […]
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Business/Financial
Northrop Grumman Exploring Sale of Ship Business
Faced with the need to consolidate its Gulf Coast shipbuilding operations and a shipbuilding business that increasingly isn’t aligned with its long-term strategic priorities, Northrop Grumman [NOC] yesterday said it […]
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Business/Financial
Satellite Firms Should See Growth As Need For Imagery Mounts, Official Says
By Geoff Fein Even with the concern over dwindling defense budgets and the high cost of putting satellites into orbit, the director of the National Geospatial-Intelligence Agency (NGA) sees the […]