Business/Financial

American Science & Engineering [ASEI]   3Q08 3Q07 Sales $42.6M $47.8M Net Inc. $4M, $0.43 $8.1M, $0.86 Results were lower than analysts expected with revenues falling 11% due to a […]

The FBI awarded Lockheed Martin [LMT] a potential 10-year, $1 billion contract to be the systems integrator in the design, development and deployment of its Next Generation Identification (NGI) system, […]

By Ann Roosevelt 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 […]

By Ann Roosevelt General Dynamics [GD] C4 Systems Feb. 8 protested to the Government Accountability Office the Army’s award to Lockheed Martin [LMT] of production and support for the Common […]

NASA gave ATK Launch Systems [ATK] an $812.5 million contract change to continue delivering reusable solid rocket motors for the space shuttle, NASA said Friday. That means the Brigham City, […]

L-3 Communications [LLL] recently announced its L-3 Integrated Systems'(L-3 IS) Greenville and Waco, Texas sites achieved Maturity Level 5 Capability Maturity Model Integration (CMMI) rating from the Software Engineering Institute […]

The Boeing Co. [BA] will have Tata Industries Ltd of India produce an initial $500 million worth of defense-related aerospace goods in India for Boeing and its international customers, the […]

The Boeing Co. [BA] signed an associate contractor’s agreement (ACA) with five other aerospace companies to work together on the Ares I upper stage. That agreement will save NASA time […]

COM DEV USA, LLC, said yesterday it has agreed to acquire the Passive Microwave Devices product line of L-3 Communications [LLL] Electron Technologies Inc. business unit for $12.2 million in […]

By Ann Roosevelt The aerospace industry saw success in 2007, but it won’t remain robust without policies in place to sustain it, according to the Aerospace Industry Association (AIA). The […]