Business/Financial

By Geoff Fein The recent decision by Northrop Grumman [NOC] to consolidate its shipbuilding sector into one unit should, over time, provide benefits to the Navy, a service official said. […]

By Calvin Biesecker Boeing [BA] said recently it has successfully completed a series of tests using modified ship-based ScanEagle Unmanned Aerial Vehicles (UAVs) to track simulated biological plumes, collect the […]

Raytheon [RTN] has successfully tested a new self-funded conventional warhead technology to defeat elusive bunkers, the company said yesterday. Dubbed the Tandem Warhead System, the technology is made up of […]

NCI, Inc. [NCIT] this week said it has agreed to acquire certain assets of MTC Technologies [MTCT] related to the company’s support for the Army, a transaction that is being […]

L-3 Communications [LLL] said yesterday it has agreed to acquire the Electro-Optical Systems (EOS) business from Northrop Grumman [NOC] for $175 million in cash to expand its core offerings of […]

L-3 Communications [LLL] yesterday said it has realigned some of its businesses in its Specialized Products segment to form the $1.2 billion Marine and Power Systems Group, enhancing the customer […]

Shareholders for Canada’s MacDonald, Dettwiler and Associates Ltd. (MDA) yesterday overwhelmingly approved the sale of the company’s Information Systems and Geospatial Services business to Alliant Techsystems [ATK], keeping the deal […]

SAIC [SAI] yesterday said it has agreed to acquire Icon Systems, Inc., a small San Diego-based firm specializing in the development and production of laser-based systems and products for military […]

Boeing, Lockheed, Northrop, Orbital Get DARPA Contracts For Mini-Satellites; Splitting One Satellite Into Parts Would Bolster Survivability Against Anti-Satellite Attacks, And Against Damage Caused By Space Debris Demonstration Of ‘Fractionated’ […]