Business/Financial

BAE Systems yesterday said it has completed its acquisition of four shipyards of Atlantic Marine from the private equity firm J.F. Lehman & Co. for $352 million in cash. The […]

Northrop Grumman [NOC] yesterday said it will purchase a building in the city of Falls Church, Va., as its new corporate headquarters beginning next summer. The defense company, which is […]

By Geoff Fein Lockheed Martin‘s [LMT] effort to enable submarines to have two-way communications at speed and depth cleared critical design review (CDR) earlier this month and will move to […]

By Calvin Biesecker Boeing‘s [BA] pending acquisition of cybersecurity software firm Narus, which is based in California but has regional offices around the world, will give it a global presence […]

By Marina Malenic Airbus parent company EADS yesterday filed an 8,800-page proposal to build a new fleet of 179 aerial refueling tankers for the Air Force, a day ahead of […]

By Calvin Biesecker Textron [TXT] yesterday said its Textron Systems division has acquired a small business unit from Crane Co. [CR] that designs and builds wireless monitoring systems, including an […]

By Calvin Biesecker Bolstering its capabilities in cybersecurity, Boeing [BA] yesterday said it has agreed to acquire Narus, a small California-based firm specializing in network traffic intelligence. Terms of the […]

The Boeing [BA] and Lockheed Martin [LMT] joint venture United Space Alliance (USA) yesterday said it will layoff about 15 percent of its current Space Shuttle support workforce to better […]

By Geoff Fein A Navy Judge Advocate General report on the finding of metal shavings on the oil side of the main propulsion diesel engines of the USS San Antonio […]

By Geoff Fein Former Coast Guard Commandant Adm. Thad Allen officially retired yesterday from the service he led though several changes including a review of the acquisition management structure. Allen […]