Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialHuntington Ingalls Doubles Dividend, Stock Repurchase Authority
Confident in its business prospects, Huntington Ingalls Industries [HII] on Thursday said its board of directors has approved a 100 percent increase in the quarterly dividend while also doubling the […]
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Business/FinancialLockheed Martin To Acquire Federal Health IT Company Systems Made Simple
Lockheed Martin [LMT] on Thursday said it has agreed to acquire Systems Made Simple, a provider of health information technology (IT) and analytics solutions to the federal government, boosting its […]
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Business/FinancialEarnings, Sales Fall At L-3 In Third Quarter
L-3 Communications [LLL] on Thursday posted a steep drop in earnings due to in part to costs to complete a review of an accounting issue that hurt its bottom line […]
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Business/FinancialATK Posts Higher Income, Sales In Second Quarter
ATK [ATK] on Thursday reported higher net profit and sales in its second quarter driven by an acquisition in the company’s business that provides bullets, guns and related accessories in […]
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Business/FinancialSotera Sheds Non-Core Division
Sotera Defense Solutions on Wednesday said it has sold a small business division that makes field kitchens and sanitary equipment for the U.S. military to Outdoor Venture Corp., allowing it […]
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Homeland SecurityIntel Official Outlines Public, Private Efforts To Collaborate Around Aviation Sector
A nearly three-year old intelligence group within the Office of the Director of National Intelligence (ODNI) is spearheading a number of efforts to bring together public and private sector stakeholders […]
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CyberDHS S&T Finalizes Visionary Goals
The Department of Homeland Security’s (DHS) Science and Technology (S&T) branch on Wednesday released a set of five visionary goals that it plans use to help guide its investments in […]
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Business/FinancialGlobal Aerospace And Defense M&A Activity Off In Third Quarter, PwC Says
Mergers and acquisitions (M&A) activity across the global aerospace and defense (A&D) industry slowed in the third quarter, although the pace for 2014 is still head of that in 2013, […]
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Business/FinancialBAE To Acquire Commercial Cloud Security Provider SilverSky
Britain’s BAE Systems this week said it has agreed to acquire commercial cyber security service provider SilverSky for $232.5 million to grow its commercial cyber business. New York-based SilverSky provides […]
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Business/FinancialPension Adjustment, Lower Taxes Boost Raytheon’s Third Quarter Earnings
Despite a modest decline in sales, Raytheon [RTN] on Wednesday posted a solid increase in third quarter earnings driven by favorable pension impacts, lower taxes, and a lower share count […]