Business/Financial

ManTech International [MANT] recently said it has agreed to acquire McDonald Bradley, Inc. (MBI), an information technology (IT) solutions provider to the federal government, for $76.5 million in cash, giving […]

Raytheon [RTN] said recently it has acquired the robotics technologies and capabilities from Sarcos Inc., which does research and development in advanced robotics systems for industry and entertainment, medical devices, […]

Britain’s BAE SYSTEMS yesterday said it is acquiring Pitch Technologies AB, a Swedish-based firm that specializes in training and simulation products and solutions, for about $9.8 million. BAE expects the […]

Cross Match Technologies recently said it has lowered the expected price range of its forthcoming initial public offering (IPO), suggesting that net proceeds from the sale of stock could be […]

McDonald Bradley has received a $3 million contract from the Defense Intelligence Agency (DIA) to design and develop a Web-based Force Protection Assessment system. The company said it will provide […]

Textron [TXT] said recently it has acquired 85 percent of the stock of United Industrial Corp. [UIC] as it nears the end of its $1.1 billion acquisition of the defense […]

The Air Force recently chose Northrop Grumman [NOC] and Raytheon [RTN] to conduct concurrent developmental work on a next- generation ground control segment for Global Positioning System (GPS) navigation satellites. […]

Textron [TXT] said recently it has acquired 85 percent of the stock of United Industrial Corp. [UIC] as it nears the end of its $1.1 billion acquisition of the defense […]

By Michael Sirak The Air Force last week chose Northrop Grumman [NOC] and Raytheon [RTN] to conduct concurrent developmental work on a next- generation ground control segment for Global Positioning […]

By Geoff Fein After months of layoff, Raytheon [RTN] will restart testing of its Extended Range Guided Munition (ERGM) early next year to demonstrate to the Navy the reliability of […]