Business/Financial
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Business/FinancialLosing Bidders Protest Award of Decade-Long DoE Nuke-Site Management Contract
Groups led by BWX Technologies [BWXT] and Bechtel National have protested the Department of Energy National Nuclear Security Administration’s (NNSA) decision to award management and operations of the agency’s two […]
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Business/FinancialDoD IG Says TransDigm Earned $21 Million In Excess Profit On Defense Contracts
Commercial and military aircraft component designer and supplier TransDigm Group [TDG] earned $20.8 million in excess profits in a sample of contracts awarded by the Defense Logistics Agency between 2017 […]
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Business/FinancialNGA Releases RFP For $947 Million Enterprise Support Contract
The National Geospatial Intelligence Agency (NGA) last Thursday solicited proposals for a follow-on small business effort to supply the agency with a broad array of enterprise support services over five […]
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Business/Financial
NGA Awards $4.5 Billion To General Dynamics For IT Support
The National Geospatial-Intelligence Agency (NGA) on Monday awarded General Dynamics’ [GD] Information Technology business a potential $4.5 billion contract for information technology services. The five-year award, which was announced on […]
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Business/FinancialFairbanks Morse Defense Acquires Navy Supplier Welin Lambie
Fairbanks Morse Defense (FMD) on Wednesday said it has acquired Welin Lambie, a designer and manufacturer of davits used in shipyards and on ships to launch and recover vessels, a […]
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Business/FinancialVertex Completes Acquisition Of RTC’s Training And Mission Solutions Businesses
The Vertex Company on Tuesday said it completed its acquisition of several business lines of Raytheon Technologies Corp. [RTX] that provide training solutions and modernization and sustainment to defense and […]
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Business/FinancialJ.F. Lehman Acquires L3Harris’ Narda-MITEQ Unit
The private equity firm J.F. Lehman & Company on Tuesday said it has acquired the Narda-MITEQ electronics business unit from L3Harris Technologies [LHX], which is nearing the end of a […]
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Business/FinancialSafran In Talks To Acquire U.S. PNT Company Orolia
France’s Safran on Monday said it is in exclusive discussions to acquire New York-based Orolia, a small company in the position, navigation and timing (PNT) space for civilian, military and […]
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Business/FinancialSAIC Posts Strong Earnings In Third Quarter
Science Applications International Corp. [SAIC] on Monday reported strong third quarter financial results, with sales and earnings both higher than a year ago. Net income increased 18 percent to $71 […]
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Business/FinancialThales Acquires Moog’s Navigation Aids Business
Thales on Monday closed its acquisition of a Moog [MOG.A, MOG.B] business unit that designs, develops and manufactures ground and ship-based radio frequency navigation beacons and related antennas for defense […]
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