Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialDefense Business Weighs On Rockwell Collins In First Quarter
Rockwell Collins [COL] on Friday posted lower earnings and sales in the first quarter of its fiscal year 2016 primarily due to declines in its defense work and a restructuring […]
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Homeland SecurityDHS Awards $42 Million To Six University Centers Of Excellence
The Department of Homeland Security (DHS) Science and Technology branch has awarded task orders worth $42 million over the next five years to six university-led Centers of Excellence (COEs) that […]
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Business/FinancialEngility Warns Of Potential $250 Million Charge In Fourth Quarter
Due to declines in its legacy defense business, government services provider Engility Corp. [EGL] on Thursday said it expects to take upward of a $250 million hit to earnings in […]
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Congress
CBP Plans Face And Iris Airport Exit Pilot In 2016
Later this year Customs and Border Protection (CBP) plans to begin a new pilot program that will use biometric technology based on capturing face and iris images to help verify […]
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Business/FinancialTelephonics Nabs CBP Contract For Mobile Surveillance Capability
Customs and Border Protection (CBP) has awarded a contract to Griffon Corp.’s [GFF] Telephonics unit to provide the Border Patrol with mobile surveillance system for detecting, tracking and classifying small […]
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Homeland SecurityCBP Deploys Facial Comparison Technology to JFK For Select Inbound Processing
Customs and Border Protection (CBP) on Tuesday announced a permanent deployment of a facial recognition system at John F. Kennedy International Airport in New York to help verify that certain […]
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Business/FinancialPlatinum Equity To Acquire PAE
The private equity firm Platinum Equity on Tuesday said it has agreed to acquire global mission services provider PAE from its current owner, the private equity firm Lindsay Goldberg, LLC. […]
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Business/FinancialForcepoint Exec Sees Commercial Growth Opportunities Outpacing Government Business
Opportunities for cyber security business in commercial markets will outpace opportunities in government markets now and in the coming years, although both will continue to grow rapidly, an executive with […]
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Business/FinancialForcepoint New Name For Raytheon’s Commercial Cyber Security Company
Raytheon [RTN] on Thursday said that its Raytheon/Websense company has been rebranded and renamed Forcepoint, which brings its “defense-inspired” cyber security capabilities to the commercial market. Forcepoint is majority-owned by […]
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Homeland SecurityContract Award For Polar Icebreaker By FY ’19, Coast Guard Notional Schedule Shows
A notional acquisition schedule for the new Polar Icebreaker Program released by the Coast Guard on Wednesday shows that the service is considering awarding a contract for the vessel in […]