Business/Financial

President Biden and a number of his senior officials Wednesday afternoon met with leaders of some of the nation’s key economic sectors to discuss how the federal government and private […]

Supply chain tracking company Savi Technology on Tuesday said it has decided to close its commercial software business and file for bankruptcy to better enable it to restructure and focus […]

The private equity firm Arlington Capital Partners on Tuesday said it has agreed to acquire MCR, LLC, a government services provider with expertise in cost analysis, engineering and software development […]

Virgin Orbit is taking a special purpose acquisition company (SPAC) merger to go public in a deal that values the company at $3.2 billion. The launcher announced Monday that parent company Vieco […]

The Collins Aerospace [RTX] head-up display (HUD) for the U.S. Air Force C-130J by Lockheed Martin [LMT] is a derivative of the company’s commercial HUD for the Boeing [BA] 737 […]

BlueHalo on Thursday said it has agreed to acquire Intelligent Automation, Inc. (IAI), a small research and development (R&D) company serving defense and federal civilian government customers and contractors. Terms […]

Quantic Electronics this week said it has acquired BEI Precision Systems & Space Company, adding to its portfolio of defense electronics companies. Terms of the deal were not disclosed. Quantic […]

Spectra A&D Holdings, an aerospace and defense holding company formed in February by the private equity firm Vance Street Capital, on Monday said it has acquired Galleon Embedded Computing AS, […]

Responding to a July letter from Sen. Elizabeth Warren (D-Mass.) that large defense contractors acquiring their key suppliers is eliminating competition, a top U.S. regulator replied this month that putting […]

CACI International [CACI] on Wednesday reported strong fourth quarter financial results driven by reduced taxes, which boosted earnings, and higher sales. Net income in the quarter increased 46 percent to […]