Business/Financial

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 […]

The cybersecurity companies IronNet and FireEye’s [FEYE] Mandiant division have partnered to offer best-in-breed managed cyber defense solutions for private and public sectors worldwide, including to protect commercial supply chains. […]

The Department of State on Monday said it has reached a $6.6 million settlement with Keysight Technologies, Inc. [KEYS] to resolve alleged export violations of arms control laws. Terms of […]

Leonardo DRS last Thursday said it has acquired Ascendant Engineering Solutions (AES), giving it a new product line and capabilities in small multi-sensor gimbals for government, law enforcement and other […]

Boeing [BA] on Thursday said it has entered a strategic partnership with the private equity firm AE Industrial Partners (AEI) to manage and expand its HorizonX venture capital arm that […]

Huntington Ingalls Industries [HII] on Thursday posted strong top and bottom-line results in its second quarter driven primarily by its shipbuilding operations despite pension headwinds. Net income was up 146 […]

Lockheed Martin [LMT] late Tuesday afternoon announced that its chief financial officer, Kenneth Possenriede, had decided to retire immediately for personal reasons after 35 years with the company. John Mollard, […]

L3Harris Technologies [LHX] on Tuesday reported strong second quarter financial results with a double-digit gain in earnings and solid organic growth and the company announced the sale of two defense […]