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$RTN said Australia's Department of Defence has selected $RTN's ELCAN Optical Technologies division to supply the ELCAN Specter DR 1-4x dual role weapon sight. The $54MM contract award followed an open competition. As part of the contract, $RTN ELCAN will begin deliveries later this year.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.