Business/Financial

Parsons Corp. [PSN] on Monday said it has agreed to acquire Xator Corp. in a $400 million deal that gives it an entrée into the counter-drone and force protection markets, […]

In a blow to Fluor [FLR] and Amentum, the National Nuclear Security Administration (NNSA) said Monday it canceled a potentially 10-year, $28 billion contract for a joint venture of the […]

Warren Lichtenstein, the executive chairman of Aerojet Rocketdyne [AJRD] whose investment firm Steel Partners [SPLP] owns a minority share of the company’s stock and controls four of its eight board […]

Ending more than two months of speculation about a potential buyer, ManTech International Corp. [MANT] on Monday said it has agreed to be acquired by the private equity firm Carlyle […]

RTX Ventures, a capital investment group recently set up by Raytheon Technologies [RTX], on Thursday said it made a strategic investment in the start-up company Hermeus Corp., which is developing […]

Earnings fell at BWX Technologies [BWXT] in the first quarter, which the company attributed Monday to pension issues and lower productivity in the naval reactors business. Net earnings for the […]

Lockheed Martin [LMT] is aiming to nearly double its production capacity for Javelins from 2,100 up to 4,000 per year, a process the company’s chief executive officer said may take […]

The fast-growing software and data analytics firm Palantir Technologies [PLTR] expects its sales to grow at least 30 percent annually through 2025 driven by continued increases in government and commercial […]

This week the CEO of HII [HII] said the company’s selection for the Navy’s Lionfish Small Unmanned Undersea Vehicle (SUUV) allows it to expand international sales. In March, the Navy […]

Boeing [BA] is moving its headquarters from Chicago to Arlington, Virginia, the company said May 5. The company plans to develop a research and technology hub in the area focused […]