Business/Financial

President Biden on Wednesday was set to present a $2 trillion jobs plan for America that includes nearly $500 billion in proposed investments in spending on research and development and […]

Science Applications International Corp. [SAIC] last Thursday reported higher sales and earnings in its fiscal year 2021 fourth quarter, driven by its acquisition last year of the federal business of […]

Redwire, a small space company formed last year through acquisitions, is merging with the special purpose acquisition company (SPAC) Genesis Park Acquisition Corp. [GNPK] in a deal that will give […]

Citing “adverse market conditions,” Italian aerospace and defense contractor Leonardo on Wednesday postponed plans to take its U.S.-based Leonardo DRS subsidiary public, just more than a week after announcing it […]

Fortem Technologies on Tuesday said it has received a $15 million investment from Japan’s Toshiba Corp. that will allow it to quickly scale and meet demand for increased production of […]

Agilitas Private Equity, which is based in London, last week closed its acquisition of TenCate Advanced Armour Holding (TCAA) from Royal TenCate. Terms of the deal, which was first announced […]

Cubic Corp. [CUB] on Monday said it has received an unsolicited acquisition offer from Singapore’s ST Engineering (STE) priced at $76 per share, a proposal the company says would be […]

AMETEK, Inc. [AME] on Monday said it has agreed to acquire Abaco Systems, Inc., a developer and supplier of embedded computing systems, for $1.4 billion in cash from the private […]

Pangiam, a portfolio company of the private equity firm AE Industrial Partners (AEI), last Friday said it acquired an integrated facial recognition system from a Washington, D.C.-area airport authority that […]

Jim Bittner is taking over as vice president and general manager for BWX Technologies’ [BWXT] Nuclear Operations Groups’ Lynchburg, Va., manufacturing facility, which manufactures reactors for naval aircraft carriers and […]