Business/Financial

Edge Autonomy on Monday said it has acquired Adaptive Energy, a small company that designs and manufactures fuel cells used for backup, off-grid and unmanned aircraft system (UAS) power. Terms […]

Britain’s QinetiQ Group last Friday said its U.S. subsidiary, QinetiQ, Inc., has agreed to acquire Avantus Federal for $590 million in a deal that will more than double the size […]

HII [HII] on Thursday reported strong earnings in its second quarter driven by broad strength across its operating segments and sales were higher primarily due to an acquisition a year […]

Xona Space Systems, a small company developing low earth orbit (LEO) satellites for global positioning and navigation services as an alternative to the GPS constellation, has closed a new funding […]

Union members representing Boeing [BA] defense plants in and around St. Louis, Mo., on Wednesday ratified a modified contract offer from the aerospace and defense giant that improves retirement plans, […]

Flush with opportunities, Lockheed Martin [LMT] on Tuesday said it has doubled its venture capital fund to $400 million as it screens more start-up technology companies to invest in. “The […]

Further building out its footprint and capabilities in Australia, Leidos [LDOS] on Tuesday said it has agreed to acquire an airborne surveillance and search and rescue business based in Australia […]

Leidos [LDOS] on Tuesday reported slightly higher earnings on a solid increase in sales in its second quarter, driven by growth across its segments. Net income rose a scant 1 […]

Earnings rose at Jacobs [J] in the 3rd quarter of fiscal 2022, which the engineering, procurement and construction contractor, active in the Department of Energy nuclear weapons complex, attributed to […]

SES S.A. on Monday said it has completed its $450 million acquisition of DRS Global Enterprise Solutions (GES) in a deal that doubles the size of its U.S. government business. […]