Business/Financial

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 […]

By Calvin Biesecker Customs and Border Protection (CBP) on Wednesday awarded Sierra Nevada Corp. (SNC) a potential $610 million contract to provide the agency with up to 30 multi-mission aircraft […]

Atlas Elektronik has completed its acquisition of QinetiQ‘s underwater systems business based in the United Kingdom that operates in the areas of hydro-acoustics, sonar, combat management systems, acoustic countermeasures, submarine […]

By Geoff Fein LIMA, Ohio—General Dynamics [GD] and the Marine Crops have made significant investments at the Joint Systems Manufacturing Center (JSMC), a World War II-era tank factory, including buying […]

By Geoff Fein LIMA, Ohio–General Dynamics‘ [GD] Expeditionary Fighting Vehicle [EFV] is moving beyond just a forcible entry capability from the sea to providing Marines speed, maneuverability and protection that […]

By Calvin Biesecker The Transportation Security Administration (TSA) this week awarded Rapiscan Security Systems a $25.4 million contract using Recovery Act funding for whole body imaging systems that will be […]

DynCorp International [DCP] on Monday said it has agreed to acquired Phoenix Consulting Group, Inc., a small firm that provides proprietary training courses and materials and management consulting services to […]

Computer Sciences Corp. [CSC] and Germany’s Siemens [SI] have each won contracts worth close to $500 million each from the Transportation Security Administration (TSA) to provide computing hardware and services […]