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Business/Financial

Shipbuilder Fincantieri Appoints New CEO For U.S. Subsidiary


49 seconds ago by Rich Abott
@ReaderRabott

Italy’s shipbuilder Fincantieri appointed George Moutafis as the next CEO of U.S. subsidiary Fincantieri Marine Group (FMG), effective July 1. Moutafis succeeds Marco Galbiati, who had served as CEO since […] ...

Malave’s Employment With Boeing Comes With Temporary Restrictions


43 minutes ago by Cal Biesecker
@calvinb21

Incoming Boeing [BA] Chief Financial Officer Jay Malave will be working under several temporary restrictions related to the company’s defense business and work done by his former employer Lockheed Martin […] ...

Moog Acquires Small Company To Complement Components Business


2 hours ago by Cal Biesecker
@calvinb21

Moog Inc. [MOG.A] on Monday said it has acquired COTSWORKS Inc., a designer and manufacturer of fiber optic components for aerospace and defense applications, for $63 million. COTSWORKS has more […] ...

Palantir, BlueForge Alliance Partner To Accelerate Warship Production


5 days ago by Cal Biesecker
@calvinb21

Palantir Technologies [PLTR] will use its Warp Speed digital data platform to help the Navy accelerate the production of warships in partnership with BlueForge Alliance (BFA), a non-profit focused on […] ...

Parsons Acquires Defense Technology Company CTI For $89 Million


6 days ago by Cal Biesecker
@calvinb21

Parsons Corp. [PSN] on Tuesday said it has acquired Chesapeake Technologies International (CTI) in an $89 million deal that strengthens its position with U.S. Special Operations Forces and in the […] ...

Parker Tapped To Lead Boeing’s Defense Business


6 days ago by Cal Biesecker
@calvinb21

Steve Parker, a long-time Boeing [BA] veteran who has led the company’s defense segment in an acting capacity since last September, has been named president and CEO of the business […] ...

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