Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialLeidos Combination With Lockheed Martin’s IT Segment Clears Regulatory Hurdle
Leidos [LDOS] on Tuesday said waiting period has expired for the federal government’s antitrust review of the company’s pending $5 billion acquisition of Lockheed Martin’s [LMT] Information Systems & Global […]
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CyberDoJ Reports Thousands Of Complaints Of Ransomware Totaling Millions Of Dollars Since 2005
Since 2005 the Department of Justice has received nearly 8,000 complaints of hijacked computer systems totaling more than $57 million in ransom and other related costs, the department said in […]
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Business/FinancialSales Rise, Earnings Fall At SAIC In Fourth Quarter
Science Applications International Corp. [SAIC] on Tuesday posted higher fourth quarter sales due to an acquisition last year while net income fell on an increase in interest expense and lower […]
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CyberDHS Expects To Issue RFP For New Biometric Database Late In Third Quarter
The Department of Homeland Security (DHS) late in the third quarter of FY ’16 expects to release the Task Order Request for Proposals for its new biometric storage and matching […]
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Business/FinancialGeneral Atomics Completes Acquisition Of Miltec
Ducommun Inc. [DCO] on Monday said it has completed the sale of its Miltec subsidiary to General Atomics (GA) for $14.6 million, a deal that GA said will accelerate its […]
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Cyber
Cyber Threat Report Says Most Federal Agencies Have Suffered Data Breaches
A new report released the week of March 21 said that more than 60 percent of federal agencies responding to a survey have experienced a data breach, with nearly 20 […]
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Defense Watch
Defense Watch
CFO Departure. Science Applications International Corp. says its Chief Financial Officer, John Hartley, will resign from the company at the end of June. Hartley is with the company since 2001 and […]
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Business/FinancialFAA Forecasts More Than 400 Percent Growth In Small UAS Sales By 2020
Unit sales of commercial non-model small unmanned aircraft systems (sUAS) are expected to climb more than 400 percent between 2016 and 2020, the Federal Aviation Administration (FAA) says in a […]
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Business/FinancialRaytheon Increases Dividend Again
Raytheon [RTN] on Wednesday said its board approved an increase to the company’s annual dividend, marking the 12th straight year for increasing the shareholder payment. The 9 percent hike puts […]
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Business/FinancialMercury Systems To Acquire Three Defense Electronics Businesses From Microsemi
Defense electronics supplier Mercury Systems [MRCY] on Wednesday said it has agreed to acquire three defense electronics businesses from Microsemi Corp. [MSCC] for $300 million, creating what is said to […]