Business/Financial

ITT Corp. [ITT] last month completed its acquisition of EDO Corp. for $1.7 billion, which includes the assumption of debt, giving it a range of new aerospace and defense capabilities. […]

Lockheed Martin [LMT] last month said it has acquired PercepTek, Inc., a developer of autonomous software technologies used in navigation for unmanned ground vehicles and aircraft systems, and automated persistent […]

Britain’s QinetiQ yesterday said it has agreed to acquire two Australian defence consulting firms for $17.7 million in cash, marking the company’s first investment in that country as part of […]

The future USS New York (LPD-21), the fifth ship of the San Antonio-class of amphibious ships, was launched last month from Northrop Grumman [NOC] Ship Systems in Avondale, La., the […]

Lockheed Martin [LMT] recently said it received a contract valued at $44 million from the Latvian National Armed Forces for two long-range AN/TPS-77 transportable air surveillance radar systems and options […]

Morocco is looking to spend upward of $2.4 billion for 24 F-16C/D Block 50/52 aircraft as well as associated equipment and services, according to the Defense Security Cooperation Agency (DSCA). […]

By Michael Sirak Lockheed Martin [LMT] says its JASSM stealthy cruise missile flew successfully in a flight test yesterday, according to a company spokeswoman. "After nine consecutive successful ground tests, […]

Switzerland is looking to spend $535 million for the sale of "Upgrade 25 Program" equipment to enhance survivability and communications connectivity and to extend the useful life of 33 Swiss […]

ITT Corp. [ITT] yesterday completed its acquisition of EDO Corp. for $1.7 billion, which includes the assumption of debt, giving it a range of new aerospace and defense capabilities. The […]

The first two Australian Defence Force MRH-90 Multi Role helicopters (MRH) this week were accepted into service, Hon. Greg Combet MP, Parliamentary Secretary for Defence Procurement, said. Acquired under Project […]