Business/Financial

By Ann Roosevelt The Army last week released a Sources Sought Notice to find companies interested and able to develop and integrate new ground combat vehicles for its Brigade Combat […]

By Geoff Fein While the Office of Naval Research (ONR) is largely focused on advancing science and technology efforts, the organization’s Quick Reaction Technology Solutions area looks to quickly assist […]

The Robotics Technology Consortium Inc. (RTC) Friday announced the government awarded nine winners of its second round of projects totaling $3.62 million. "Winners in this second round of funding include […]

Moog Inc. [MOG.A] on Friday said it is in discussions with General Electric‘s [GE] Aviation Systems unit to acquire a flight control actuation product line based in the United Kingdom […]

By Geoff Fein ATK‘s [ATK], the U.S. Navy and the Italian Air Force successfully launched and scored a direct hit on a simulated enemy air defense target during the final […]

By Calvin Biesecker SAIC [SAI] on Tuesday reported strong earnings and sales for its second quarter and maintained its outlook for the fiscal year but is still awaiting key policy […]

By Geoff Fein The Navy is delaying the commissioning of the future USS New Mexico (SSN-779) from November to early 2010 due to issues associated with the torpedo room weapons […]

By Geoff Fein While the Navy procures commercially available components for its surface, undersea and network platforms and systems, incorporating off-the-shelf technologies into aircraft, in particular the F/A-18 Hornet, is […]

General Dynamics [GD] yesterday said it has completed its $643 million purchase of Axsys Technologies, expanding its design capabilities and product offerings in tactical sensors and imaging systems. GD said […]

By Calvin Biesecker Raytheon [RTN] yesterday said it has agreed to acquire BBN Technologies, a research and development firm that has also brought some products to market such as the […]