Business/Financial
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Business/FinancialSAIC Buys Consulting Firm
By Calvin Biesecker SAIC [SAI] yesterday said it has agreed to acquire R.W. Beck Group Inc., a provider of management and engineering services in the infrastructure and energy markets that […]
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Business/Financial
QinetiQ North America Completes Cyveillance Acquisition
Britain’s QinetiQ yesterday said its division based in the United States has completed the acquisition of Cyveillance, a provider of cyber intelligence products to commercial customers. Cyveillance paid $40 million […]
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ArmyArmy And Boeing Negotiate Changes From FCS Acquisition Cancellation
By Ann Roosevelt The Army and Boeing [BA] are negotiating the changes to come from the reorganization of the Future Combat System (FCS) and termination of the manned ground vehicle […]
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Business/Financial
Lockheed Martin Delivers First Production TSS To Marine Corps
By Geoff Fein Lockheed Martin [LMT] delivered the first production Target Sight System, designed to improve the Marine Corps AH-1Z Cobra helicopter’s ability to identify, track and engage targets at […]
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Air ForceAeroVironment Marks Technical First: Flapping Wings Hold Hover Flight
AeroVironment (AV) [AVAV] yesterday said it has accomplished a technical milestone never before achieved: the controlled hovering flight of an air vehicle system with two flapping wings that carries its […]
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Business/Financial
Raytheon Wins $21 Million DARPA Contract For Network Centric Radio System
The Defense Advanced Research Projects Agency (DARPA) last Friday awarded Raytheon [RTN] a $21.7 million cost-plus-fixed-fee and fixed-price contract to develop the generation Network Centric Radio System (NCRS), with additional […]
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Business/Financial
J.F. Lehman Acquires Defense Holding Company
By Calvin Biesecker The private equity firm J.F. Lehman and Company yesterday said it has acquired Defense Venture Group (DVG) and its affiliates in partnership with DVG management, adding businesses […]
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Business/Financial
Private Equity Firm Acquires Wyle
The private equity firm Court Square Capital yesterday said it has acquired Wyle, a provider of aerospace and information technology solutions to the federal government, from Littlejohn & Co., another […]
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Business/Financial
Senators’ Warning: Any Augustine Recommendations For Changes In Ares I Rocket Program Must Undergo Congressional Review; Ares I Gets About $1.4
Obama Must Complete All Shuttle Missions, Even If That Means Funding, Flights In Fiscal 2011; And Don’t Fund Shuttle Flights By Short-Changing Other Programs Senate Bill Lashes NASA For Procurement […]
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Business/Financial
Obama’s Missile Defense Cuts Prevail In Both Senate Armed Services Panel, And In Entire House
Funding Restoration Amendments Are Rejected Even More Cuts May Gouge Missile Defense Programs In Future Years, Lawmaker Warns Both the entire House and a key Senate panel backed President Obama’s […]