Home / Tag Archives: Defense (page 30)

Tag Archives: Defense

SAIC FY 2013 Revenue Up 6%, Board Approves Special $1 Dividend; John Jumper Comments

Science Applications International Corp. (NYSE: SAI) has announced financial results for its fourth quarter and full 2013 fiscal year, ended Jan. 31, 2013. Fourth quarter revenue rose 10 percent year-over-year, going from $2.47 billion in the prior year period to $2.71 billion. For fiscal 2013, the company reported a 6 …

Read More »

EADS Stockholders Approve Ownership Change, Share Buyback

EADS shareholders overwhelmingly approved changes to the aerospace and defense conglomerate’s ownership structure and a 15 percent share buyback plan, Reuters reports. According to Tim Hepher’s report, EADS CEO Tom Enders said the changes would change government involvement in the group from regulator to customer and give management independence. France and …

Read More »

Dave Schmitz Promoted to Cubic Defense Lead; Brad Feldmann Comments

Dave Schmitz, a former chief operating officer for Cubic Corp.’s defense applications business segment, has been promoted to president of the segment nine months after first joining the company. Schmitz succeeds Brad Feldmann, who in February was promoted to president and chief operating officer of Cubic, the company said Tuesday. …

Read More »

General Dynamics to Build Navy Ship Gun Systems; Michael Bolon Comments

General Dynamics‘ (NYSE: GD) land systems business unit has won a $25.7 million contract to produce eight gun systems for the U.S. Navy to use on San Antonio-class and Littoral Combat Ships. The MK46 30mm Naval Weapon Systems are intended to function as the San Antonio-class’ main deck gun and as the …

Read More »

Raytheon To Upgrade Navy Missile Pulse Decoder

Raytheon (NYSE: RTN) has won an $8, 761, 875 contract modification to upgrade a pulse encoder on Tomahawk cruise missiles for the U.S. Navy, Signal Magazine reports. George Seffers writes that the Navy wants to upgrade the Pulse Code Modulation Encoder inside the missile’s mid-body range safety subsystem kit. PCM encoders …

Read More »

Ron Costella Rejoins American Systems As Training Lead; Jason Frye Comments

Ron Costella, a 20-year U.S. Army veteran, has rejoined American Systems as vice president and executive director of the training and operational services business segment. Costella will be responsible for developing and implementing a growth strategy for the segment, which provides security assistance training for the departments of Defense and …

Read More »

Northrop Helping Produce Navy Mine Defenses

Northrop Grumman (NYSE: NOC) has won a $28, 557, 888 modification contract to provide engineering services for the U.S. Navy‘s Littoral Combat Ship program. The company will help plan production of mission packages to be integrated with the ships and aim to evaluate system maturity, the Defense Department said Friday. …

Read More »

Michael Glass Joins ENSCO As Natl Security Solutions VP; Greg Young Comments

Dr. Michael Glass, a former official in the U.S. Office of the National Counterintelligence Executive, has joined Falls Church, Va.-based science and engineering contractor Ensco as a vice president. Glass will lead the national security solutions division, whose customers include the intelligence community and the departments of Defense and Homeland …

Read More »

BAE Sells Commercial Armored Vehicles Business; Bill O’Gara Comments

BAE Systems has sold its commercial armored vehicles business to a Cincinnati-based security and defense company for $10 million. The O’Gara Group acquires a business it formerly owned until 2001 and the transaction reunites the business’ former owners, members of management and other employees, the company said Monday. O’Gara renamed …

Read More »

Frank Helmick Named SOSi Corporate Strategy VP

Frank Helmick, a 36-year U.S. Army veteran and retired lieutenant general, has joined Reston, Va.-based operations support provider SOS International as vice president of corporate strategy. He joins the company nearly seven months after retiring from the Army, where he most recently served as commanding general of the XVIII Airborne Corps …

Read More »