Business/Financial
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Business/FinancialLockheed Martin Posts Strong Second Quarter, Raises Earnings Guidance
Lockheed Martin [LMT] on Monday reported strong financial results in its second quarter driven by higher sales and non-operating improvements, continuing momentum from the first quarter and the company lifted […]
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Business/FinancialShield AI Acquires Another AI Pilot Company, Heron Systems
Shield AI, a developer of artificial intelligence (AI) technology for unmanned aircraft systems (UAS), has acquired Heron Systems Inc., which has developed AI software for fighter aircraft, a deal the […]
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Business/FinancialSen. Warren Asks FTC To Review Defense Mergers To Maintain Competition
Concerned that large defense companies purchasing key suppliers is leading to monopolies and stifling competition, Sen. Elizabeth Warren (D-Mass.) last week asked the Federal Trade Commission (FTC) to review the […]
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Business/FinancialASGN Acquires Defense And Federal IT Solutions Provider IndraSoft
ASGN Inc. [ASGN] last Friday said it has acquired IndraSoft Inc. in a deal that expands its work with defense customers. Terms of the deal were not disclosed. IndraSoft, which […]
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Business/FinancialSAIC Creates Strategic Advisory Board That Includes Former Top DoD Officials
Seeking to hone its strategy for growth and innovation, Science Applications International Corp. [SAIC] has formed a Strategic Advisory Board that initially includes three former high ranking Defense Department Officials […]
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Advanced / Transformational TechnologyBooz Allen Invests In AI Tech Startup
Booz Allen Hamilton [BAH] on Monday said it has invested in a Silicon Valley-based startup company that enables artificial intelligence (AI), machine learning (ML) and data compression at the tactical […]
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Business/FinancialGovCIO To Acquire Salient CRGT Creating $700 Million Federal IT Company
GovernmentCIO, a provider of technology and digital solutions to the federal health information technology (IT) services market last Thursday said it agreed to acquire Salient CGGT (SCRGT) in a deal […]
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Business/FinancialChumash Capital Acquires Small Defense Contractor Capco
The private equity firm Chumash Capital Investments last Friday acquired Capco, LLC, a small defense contractor with expertise in energetics, light weapons, and electromechanical devices. Terms of the deal were […]
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Business/FinancialParsons, SAIC Complete Acquisitions
Parsons Corp. [PSN] and Science Applications International Corp. [SAIC] have completed recently announced acquisitions to add capabilities and scale in cyber and federal health information technology respectively. Parsons this week […]
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Business/FinancialBlueHalo To Acquire Space Systems Provider DDES
BlueHalo on Tuesday said it has agreed to acquire Design and Development Engineering Services Corp. (DDES), which designs and manufactures electronic systems and subsystems for Class A spacecraft used in […]
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