United Technologies Corp. [UTX] on Wednesday posted higher sales and earnings in the fourth quarter driven by strong organic growth at Pratt & Whitney and Collins Aerospace and strong operating profit in its climate control business. UTC’s earnings were also aided by a lower than expected tax ...

German manufacturer Rheinmetall is set to hold a majority stake in BAE Systems’ U.K. military vehicle business pending approval of a new joint venture, the two companies said Monday. The new joint venture, known as Rheinmetall BAE Systems Land (RBSL), will remain based out of the U.K. company’s ...

After a year-long review of its strategic alternatives and no satisfactory offers, lightweight metals supplier Arconic [ARNC] on Tuesday said it will not sell the business. “Together with management, we have been conducting a rigorous and comprehensive strategy and portfolio review over the past ...

Work with the Department of Homeland Security during the nearly month-long lapse in appropriations “is limited,” the department’s senior procurement official said on Thursday. Responding to industry inquires since the shutdown began on Dec. 22, Soraya Correa said DHS is short on employees for ...

Huntington Ingalls Industries [HII] on Friday said it has agreed to acquire Fulcrum IT Services in a deal that will strengthen and expand its capabilities in several key areas and broaden its customer relationships, particularly with the intelligence and special operations communities. Terms of the ...

Culmen International on Tuesday said it has acquired Centrifuge Systems, adding capabilities in data integration and visualization software. Terms of the deal were not disclosed. Combined with Centrifuge, Culmen has more than 250 employees. Culmen and Centrifuge are both based in Northern Virginia. ...