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Category: News

BAE to Provide Gun System on USS Lyndon Johnson

BAE Systems‘ U.S. land and armaments business has won a $24 million U.S. Navy modification to exercise options for a

DRS to Provide Navy E-6B Logistics

DRS C3 and Aviation Co. has won a $49, 983, 913 contract modification to provide the U.S. Navy logistics services

URS Wins $165M for Helicopter Flight Training; Randy Wotring Comments

URS Corp. (NYSE: URS) has won a $165 million U.S. Army contract to provide military pilots with undergraduate helicopter training,

Deloitte Acquires Mining Consultancy Venmyn to Form New Advisory Business; Andy Clay Comments

Deloitte has acquired 100% of the mining services consultancy firm Venmyn for an undisclosed amount, Mining Weekly reported Monday. Deloitte

30 General Dynamics Stryker Vehicles Sought by Iraq for $25M

The U.S. is likely to receive a foreign military sale request from Iraq for up to 30 General Dynamics Corp. (NYSE:GD)

Iridium & NAV CANADA Complete Agreement for Air Traffic Joint Venture; Matt Desch Comments

Iridium Communications Inc. (Nasdaq: IRDM) has finalized an agreement with NAV CANADA regarding their global air traffic joint venture, Aireon

Cisco to Acquire Cloud Networking Firm Meraki for $1.2B; Rob Soderbery Comments

Cisco Systems Inc. (NASDAQ: CSCO) announced Sunday that it will buy San Francisco-based Meraki Inc. for $1.2 billion to expand its

Intel CEO Paul Otellini Retiring in May

Intel Corp. (NASDAQ: INTC) President and CEO Paul Otellini will retire as both an officer and director at the company’s

Sikorsky Wins $804M Contract Modification to Build Black Hawk Helicopters

Sikorsky Aircraft Corp., a United Technologies (NYSE: UTX) subsidiary, has won an $804, 426, 634 firm-fixed-price modification contract to build UH-60M

Electric Boat Wins $89M Contract to Continue Virginia-class Submarine R&D Work

General Dynamics (NYSE:GD) subsidiary Electric Boat Corp. has won an $88, 828, 706 modification contract for development studies and design efforts related