Business/Financial
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Business/FinancialLeidos Boosting Cloud, Digital Modernization Capabilities With 1901 Acquisition
Leidos [LDOS] on Thursday said it has agreed to acquire 1901 Group, a provider of managed information technology (IT) services and cloud solutions to the private and public sectors, for […]
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Business/FinancialAeroVironment Enters Unmanned Ground Vehicle Space With Telerob Acquisition
Unmanned aircraft system developer and manufacturer AeroVironment [AVAV] on Tuesday said it has agreed to acquire Germany’s Telerob for $45.4 million in cash, a deal that gives it products and […]
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Business/FinancialVeritas Acquiring IT And Mission Support Services Of Northrop Grumman To Build Up Peraton
Veritas Capital on Monday evening said it has agreed to acquire the federal information technology (IT) and mission support services business of Northrop Grumman [NOC] for $3.4 billion in cash […]
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Business/FinancialMercury To Acquire Electronic Warfare Company Physical Optics
Mercury Systems [MRCY] on Monday said it has agreed to acquire Physical Optics Corporation (POC) in a $310 million cash deal that will broaden and complement its avionics and mission […]
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Business/FinancialSAIC Posts Higher Earnings, Sales In Third Quarter
Science Applications International Corp. [SAIC] last Thursday reported higher earnings and sales in its third quarter, overcoming headwinds from the coronavirus pandemic. Sales increased 12 percent to $1.8 billion from$1.6 […]
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Business/FinancialNuWave Strengthens Data Analytics Capabilities With BigBear Acquisition
The data analytics company NuWave Solutions on Thursday said it has acquired cloud-based data analytics solutions provider BigBear Inc., adding to its capabilities in this area and bringing franchise positions […]
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Business/FinancialFLIR Acquires Small Drone Manufacturer Altavian
Adding to its existing portfolio of small unmanned aircraft systems (sUAS), FLIR Systems Inc. [FLIR] has acquired Altavian Inc., a developer and manufacturer of small fixed-wing and quadcopter drones. The […]
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Business/FinancialNew DoE Loan Guidance States Preference For Critical Minerals To Bolster Domestic Supplies
Seeking to reduce U.S. reliance on imports of critical minerals and elements, particularly from China, the Department of Energy on Tuesday issued new guidance outlining a preference for these materials […]
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Advanced / Transformational TechnologyRaytheon, C3.ai Partner To Bring AI To Military Customers
Enterprise artificial intelligence (AI) provider C3.ai and Raytheon Technologies [RTX] have formed an alliance aimed at developing AI solutions for government defense customers. “The military and intelligence community have access […]
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Business/FinancialLockheed Martin Completes Acquisition Of i3 Hypersonics Portfolio
Lockheed Martin [LMT] on Nov. 25 said it completed its acquisition of the hypersonics portfolio of Integration Innovation Inc. (i3), expanding its capabilities in hypersonic weapon systems. Lockheed Martin also […]