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Military


14 January 2011 Military News

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Current Operations

Defense Policy / Programs

Defense Industry

  • DoD News: Contracts for January 14, 2011
  • U.S. Navy Selects Lockheed Martin for Submarine Sonar Upgrades Lockheed Martin 14 Jan 2011 -- Lockheed Martin [NYSE: LMT] received a U.S. Navy contract to continue providing sonar systems for U.S. submarines, enabling the fleet to maintain an acoustic advantage.
  • BAE Systems announces recommended offer to acquire Norkom BAE Systems 14 Jan 2011 -- BAE Systems has today announced a recommended offer to acquire Norkom Group PLC, a provider of innovative counter fraud and anti-money laundering solutions to the global financial services industry where its software assists institutions to comply with regulations on financial intelligence and monitoring. The offer is to acquire the entire issued share capital of Norkom for 2.10 per share in cash, which values the business at approximately 217 million.

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