Business/Financial

American Science & Engineering [ASEI]   2Q08 2Q07 Sales $37.6M $29.6M Net Inc. ($4.5M, $0.48) ($4.8M, $0.49) Despite a 27% jump in sales, profits fell due to lower gross margins […]

Raytheon [RTN] said on Monday 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 […]

Northstar Aerospace Inc.’s subsidiary, Northstar Aerospace (Canada) Inc. recently announced it received a four year, potential $26 million contract from Boeing [BA] to complete the development and flight certification of […]

Lockheed Martin [LMT] says it recently successfully conducted two anti-jamming Guided Multiple Launch Rocket System (GMLRS) Unitary rocket Phase II Product Qualification Test flights at White Sands Missile Range, N.M. […]

By Ann Roosevelt Northstar Aerospace Inc.’s subsidiary, Northstar Aerospace (Canada) Inc. yesterday announced it received a four year, potential $26 million contract from Boeing [BA] to complete the development and […]

The Airborne Laser (ABL) and the European ballistic missile defense (BMD) programs that once faced devastating funding cuts have rallied, with a House-Senate conference committee providing those programs most of […]

L-3 Communications [LLL] this week introduced its financial guidance for 2008, saying its net earnings will grow faster than the company’s organic sales. Earnings per share (EPS) in 2008 are […]

Rapiscan Systems and Brijot Imaging Systems have signed a seven-year agreement that allows Rapiscan to market and sell Brijot’s passive millimeter wave screening body scanner that is capable of screening […]

Thales announced Oct. 29 two awards for its AN/PRC-148 JTRS handheld radio from the Joint Program Executive Office Joint Tactical Radio System (JPEO JTRS) under the Consolidated, Interim, Single-channel, Handheld […]

By Calvin Biesecker Cross Match Technologies yesterday said it has lowered the expected price range of its forthcoming initial public offering (IPO), suggesting that net proceeds from the sale of […]