Business/Financial
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Business/FinancialBlueHalo Acquires C-UAS Company Citadel Defense
BlueHalo on Monday said it has acquired Citadel Defense in a deal that complements its existing capabilities in countering unmanned aircraft systems (C-UAS) with a family of radio frequency (RF)-based […]
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Business/FinancialWhite House Extends Vaccine Deadline to Jan. 4
The Biden administration has postponed a deadline from Dec. 8 to Jan. 4 next year for federal contractors, including defense firms, to have their workers on “covered contracts” be fully […]
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Business/FinancialHuntington Ingalls Posts Lower Earnings On Pension, Acquisition Costs
Huntington Ingalls Industries [HII] on Thursday reported a steep drop in net earnings in the third quarter due mainly to pension headwinds and to a lesser degree by costs related […]
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Business/FinancialCACI To Acquire Optical Communications Technology Provider SA Photonics
CACI International [CACI] on Wednesday said it has agreed to acquire SA Photonics for $275 million in a deal that complements its existing free space optical (FSO) communications capabilities for […]
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Advanced / Transformational TechnologyLockheed Martin, Verizon Partner On 5G.MIL For Battlespace
Establishing a key bridge toward its goal of leveraging rapid digital advances in the commercial sector to network the future battlespace, Lockheed Martin [LMT] said Tuesday it has partnered with […]
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Business/FinancialLaying Off Unvaccinated Employees Could Take ‘Months,’ Krone Says
If the federal government sticks to a pending mandate that almost all employees of federal contractors must be vaccinated against COVID-19, it could still take “months” to layoff unvaccinated employees, […]
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Business/Financial
Leidos Posts Strong Third Quarter, Increases Earnings Guidance
Leidos [LDOS] on Tuesday followed up a strong second quarter with still strong financial results for its third quarter and the company raised its earnings guidance for the year. Net […]
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Business/FinancialCOVID Tamps BWXT Earnings, Despite Solid Reactor Biz
Despite consistency in the core naval reactors business and good performance from its nuclear-site management contracts with the Department of Energy, COVID-19 dragged down revenue and earnings at BWXT Technologies […]
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Business/FinancialAE Industrial Partners Invests In Company Serving Intelligence Community
The private equity firm AE Industrial Partners (AEI) on Monday said it has made “a significant equity and debt investment” in Fire Team Solutions, which provides technology services to the […]
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Business/FinancialAfter Pushback, Biden Administration Gives Contractors Latitude On Vaccine Enforcement
The Biden administration on Monday said it would give federal contractors more room to enforce a mandate that their employees be vaccinated against COVID-19 by Dec. 8. The shift in […]