Business/Financial

By Dave Ahearn The Navy Wednesday night obliterated a nonfunctional intelligence satellite using the Lockheed Martin [LMT] Aegis weapon control system and a Raytheon [RTN] Standard Missile-3 fired from a […]

The initial deadline for Congress to object to the sale of the Joint Direct Attack Munition (JDAM) to Saudi Arabia has passed, opening the door for the administration to legally […]

Northrop Grumman [NOC] Feb. 19 announced MBDA Italia has selected the company to provide the navigation and localization system for the U.S., German and Italian Medium Extended Air Defense System […]

Boeing [BA] recently delivered the first of four KC-767 aerial refueling tankers to Japan. "The KC-767 will have an immediate impact and significantly increase Japan’s capabilities," said Jim Albaugh, president […]

General Dynamics [GD] United Kingdom Limited has begun rolling out enhanced communications and data capabilities for the Bowman tactical communications system. The U.K. Ministry of Defence has formally accepted the […]

Intelligent Automation Corp. (IAC) has been selected by Republic of Singapore Air Force (RSAF) for the advanced HUMS (Health Usage Monitoring System) for its AH-64D helicopters. IAC will adapt and […]

Northrop Grumman‘s [NOC] international business in remote control vehicles for explosive ordnance disposal (EOD) continues to grow with sales of its Revolution vehicles in Asia and the Asia Pacific region. […]

Singapore Technologies Engineering Ltd. (ST Engineering) this week announced Feb.20 its land systems arm, Singapore Technologies Kinetics Ltd. (ST Kinetics) was awarded a contract worth about $30 million from the […]

Britain’s BAE Systems yesterday said net income last year fell 44 percent due to a one time benefit the company received in 2006 related to the sale of its stake […]

By Ann Roosevelt Microsoft [MSFT] took another step forward into the defense and aviation arena with its simulation ESP Platform, announcing two new industry parners: Lockheed Martin [LMT] and Flight […]