Business/Financial

Science Applications International Corp. [SAIC] last Thursday posted strong second quarter financial results driven by solid organic sales growth, improved profitability across its contracts, and positive changes in contract estimates. […]

Shareholders for a publicly graded special purpose acquisition company on Wednesday approved a merger with Redwire, clearing the way for the merger on Thursday and paving the way for the […]

Mitch Waldman, long-time head of the Huntington Ingalls Industries [HII] Washington office, is retiring and will be replaced by his counterpart at Textron [TXT], Stewart Holmes, according to sources. Waldman’s […]

The acquisition last month of classified solutions provider Novetta by Accenture’s [ACN] federal business segment will bolster existing capabilities by adding depth and scale in a number of areas that […]

OSI Systems [OSIS] 4Q21                   4Q20                   FY21                    FY20 Sales                    $332.2M             $277M                $1.1B                   $1.2B Net Inc.               $25.9M, $1.40   $14.0M, $0.76   $74M, $4.03      $75.3M, $4.05 Sales in the quarter were 20% higher to […]

Raytheon Technologies [RTX] on Monday said its Collins Aerospace segment has agreed to acquire FlightAware, which provides global flight tracking services and analytics to a range of customers including airlines, […]

The Transportation Security Administration (TSA) last Friday awarded Analogic a potential $198.4 million contract to provide advanced scanning systems used to screen carry-on bags at passenger security checkpoints at U.S. […]

Immediately following a series of meetings at the White House on Wednesday to examine ways to strengthen the collective efforts of the federal government and private sector in bolstering the […]

Huntington Ingalls Industries [HII] on Wednesday announced new business groups at its Technical Solutions segment, which now incorporates the former Alion Science and Technology that was acquired earlier this month. […]

VTG on Wednesday said it has acquired ASSETT, Inc., a small design and engineering company that adds artificial intelligence and machine learning (AI/ML)-enabled capabilities for undersea warfare and unmanned systems. […]