Business/Financial

The Tarawa-class amphibious assault ship, the USS Nassau (LHA-4), will be the first Atlantic Fleet large-deck ship to receive General Dynamic‘s [GD] Common Network Interface (CNI) designed to improve situational […]

By Calvin Biesecker Lockheed Martin [LMT] yesterday said that its board of directors has elected Chris Kubasik, who is head of the company’s Electronic Systems business area, to be president […]

By Geoff Fein Navy has decided to deploy the USS Freedom (LCS-1) two years earlier than planned to begin integration of the Littoral Combat Ship into the fleet and to […]

By Calvin Biesecker Congressional appropriators last week agreed to provide enough funds in FY ’10 for the Coast Guard to complete construction of the fourth National Security Cutter (NSC) and […]

United Technologies Corp. [UTX] yesterday said that Louis Chenevert, the company’s president and CEO, has been elected to succeed George David as chairman of the company beginning Jan. 1, 2010. […]

By Geoff Fein The Marine Corps is in the midst of conducting qualification testing of ATK‘s [ATK] programmable air bursting round, designed to defeat targets hidden behind barriers, according to […]

Camber Corp. said yesterday it has acquired Veritas Analytics to bolster its capabilities in intelligence analysis and cyber security. Terms of the deal were not disclosed. Northern Virginia-based Veritas has […]

By Ann Roosevelt ATK [ATK]’s Armaments Systems business unit continues its move into the global marketplace, winning a $21 million contract to supply non-standard weapons for Afghanistan, the sector president […]

By Ann Roosevelt Boeing [BA] is preparing for a production decision in December on Early Infantry Brigade Combat Team capabilities (E-IBCT), also known as Increment 1, a company official said. […]

By Ann Roosevelt Oshkosh Corp.’s [OSK] Defense unit continues to work through plans to prepare for a contract with the government, a multi-year multi- billion rebuy contract for the Army’s […]