Business/Financial

Lockheed Martin [LMT] this week said it has completed its acquisition of Gyrocam Systems LLC, a provider of gyrostabilized optical surveillance systems and field services mainly to the United States […]

By Geoff Fein As the demand for unmanned aerial systems (UAS) grows, the need to keep platforms airborne for longer periods of time requires improved power systems, and the plethora […]

Geoff Fein To ensure continuous operations of unmanned air vehicles (UAV) in theater, the Navy and Marine Corps have a number of procedures and contracts in place to quickly repair […]

By Emelie Rutherford Congressional debate over whether to continue importing a foreign fiber for military uniforms exemplifies differing concerns surrounding so-called "buy America" restrictions for Pentagon purchases, defense-industry followers say. And […]

Alliant Techsystems [ATK] last week said it has signed a new agreement with Nitrochemie allowing it to be the exclusive North American provider of the Swizterland-based company’s advanced propellant technologies […]

By Geoff Fein The Navy and Marine Corps are seeing increased demand from warfighters for specialized payloads for unmanned air vehicles, and more companies are taking an interest in developing […]

The Defense Information Systems Agency (DISA) selected Raytheon‘s [RTN] insider threat management solution as the Insider Threat Focused Observation Tool (InTFOT) for the Department of Defense, the company reported. Under […]

By Ann Roosevelt Oshkosh Corp.’s [OSK] Oshkosh Defense division yesterday prevailed over incumbent BAE Systems for the five-year, potential multi-billion rebuy program for the Army’s Family of Medium Tactical Vehicles […]

Boeing [BA] yesterday announced a new flight-test and delivery schedule for its 787 Dreamliner aircraft program but said the initial flight-test planes have no commercial value given an extensive amount […]

The Army has awarded Northrop Grumman [NOC] an indefinite delivery/indefinite quantity contract potentially worth $430 million to continue providing full-spectrum information operations (IO) and computer networks operations (CNO) to the […]