Business/Financial
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Air Force
DoD Tech Head Sees Industrial Base Concerns
By Emelie Rutherford The Pentagon’s top technologist said yesterday he has "concern" about the loss of U.S. industrial base expertise in areas including armor. "We’re going through that analysis now […]
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Business/Financial
Harris Acquires Small Firm In Healthcare IT Space
Harris Corp. [HRS] yesterday said it has acquired Patriot Technologies, LLC, a small firm providing healthcare information technology, imaging and enterprise software solutions to the Department of Veterans Affairs (VA). […]
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Business/Financial
Lockheed Martin Appoints New Electronic Systems Chief
Lockheed Martin [LMT] yesterday announced several leadership appointments, including naming Marillyn Hewson, currently president, Systems Integration- Owego, to be executive vice president of the Electronic Systems business area. Hewson, 55, […]
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Army
ATK Awarded Contract For Non-NATO Weapons For Afghanistan
ATK [ATK] has been awarded a $21 million contract by the U.S. Army Aberdeen Contracting Center at Aberdeen Proving Ground, Md., to supply various types of non-standard (non-NATO) weapon systems […]
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Business/Financial
Northrop Grumman Laying Keel For Navy’s Next-Generation Carrier
By Geoff Fein Northrop Grumman [NOC] will lay the keel for the USS Ford (CVN-78) on Saturday at its Newport News, Va., shipyard, officially marking the beginning of construction of […]
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Army
Northrop Grumman, Cobham Intercoms Resume VIS-X Work
Northrop Grumman Cobham Intercoms LLC (NGCI), a company formed by Northrop Grumman [NOC] and Cobham [COB], yesterday announced the reinstatement of work under the Vehicular Intercommunication System Expanded (VIS-X) contract […]
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Business/Financial
ATK Chief Murphy Abruptly Steps Down; Shroyer Named Interim CEO
Dan Murphy, Alliant Techsystems’ [ATK] chairman and CEO for the past six years, yesterday said he was leaving the company to “address family matters” and the company’s Board of Directors […]
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Business/Financial
Northrop Grumman Began Preparing For Possible Sale of TASC Last Year
By Calvin Biesecker Northrop Grumman [NOC] yesterday said that it began exploring options for its advisory services business more than a year ago based on what it thought its customers […]
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Business/Financial
New Law May Spur Firms Beyond Northrop Grumman To Divest Units
By Emelie Rutherford More large defense firms may emulate Northrop Grumman [NOC] and sell off advisory-services units because of amplified concerns in Washington about organizational conflicts of interest, industry observers […]
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Business/Financial
Lockheed Martin Wants To Put Common Radio Room Into Australian Subs
By Geoff Fein Lockheed Martin [LMT] is looking to market its Common Radio Room (CRR) to U.S. partner nations, with the first effort to demonstrate the system to the Australian […]