Business/Financial

QinetiQ March 3 announced it signed with the U.K. MoD a five-year, approximately $1.8 billion firm price agreement confirming price, volume and availability for the Long Term Partnering Agreement (LTPA) […]

Britain’s BAE Systems this week said it has agreed to sell its California-based Flight Systems business unit to Calspan Corp. for $62.5 million in cash as it focuses its on […]

General Dynamics [GD] Armament and Technical Products unit is investing more than $5 million in production equipment and accelerating its enterprise- wide focus on Lean/Six Sigma-based process improvements at its […]

By Calvin Biesecker CoVant, a private equity partnership firm founded in late 2006, said yesterday it has made its first acquisition, A-T Solutions, Inc., which provides analytical and training services […]

L-3 Communications [LLL] MPRI business unit has signed a Blanket Purchase Agreement with the Centers for Disease Control (CDC), with a ceiling value of $215 million over five years, to […]

Cogent Systems [COGT]   4Q07 4Q06 FY07 FY06 Sales $21.9M $42.3M $105.8M $101.7M Net Inc. $7.7M, $0.08 $13.7M, $0.14 $28.6M, $0.30 $29.7M, $0.31 Earnings dove in the quarter on the […]

Rockwell Collins [COL] yesterday said it has agreed to acquire Athena Technologies, a privately held developer and supplier of flight control and navigation systems used mainly in unmanned aerial vehicles […]

NASA gave Lockheed Martin [LMT] a $47.5 million contract change for external fuel tanks to be mated to space shuttle orbiter vehicles in future missions. Lockheed Martin will make the […]

QinetiQ March 3 announced it signed with the U.K. MoD a five-year, approximately $1.8 billion firm price agreement confirming price, volume and availability for the Long Term Partnering Agreement (LTPA) […]

By Jen DiMascio In a surprise decision, the Air Force on Friday picked a Northrop Grumman [NOC]-European Aeronautic Defense and Space Co. (EADS) team over Boeing [BA] to develop and […]