Business/Financial

By Calvin Biesecker DynCorp International, Inc., [DCP] yesterday said it has agreed to be acquired by the private equity firm Cerberus Capital Management, L.P., for $1.5 billion, including debt. Terms […]

By Calvin Biesecker ATK [ATK] yesterday said it has acquired Blackhawk Industries Products Group Unlimited, LLC, a manufacturer and provider of tactical accessories and equipment for the security market, complementing […]

By Emelie Rutherford The Navy is crafting a program for labeling contractors as "preferred suppliers" as part of its push to lower costs during the sustainment of weapon systems, a […]

Boeing [BA] recently announced it has successfully completed its industrial cooperation program for the third phase of the CH-47D Chinook rotorcraft upgrades performed for the Spanish army’s Airmobile Force, FAMET. […]

ATK [ATK] yesterday lowered its earnings, sales and free cash flow guidance for the rest of its fiscal year, saying it would take a $38 million pre- tax charge in […]

By Geoff Fein GoAhead Software, a player in the Navy’s Common Processing System (CPS), is taking what might be seen as an unusual step in making its SAFfire software completely […]

During a post-maintenance check flight earlier this month, a Northrop Grumman [NOC] MQ-8B Fire Scout Vertical Take-off and Landing Unmanned Aerial Vehicle (VTUAV) supported its first drug interdiction with the […]

Northrop Grumman [NOC] will soon begin the next system test phase for the Ground/Air Task Oriented Radar (G/ATOR) system at the company’s antenna test facility. This newest series of tests […]

By Geoff Fein The Navy’s eighth quarterly report to Congress on open architecture (OA) outlines a number of efforts the service plans for 2010 including publishing a guidebook for requirements […]

L-I Identity Solutions [ID] yesterday said it has acquired the assets of Retica Systems, giving it new products and customers related to the use of iris capture and recognition technologies […]