Business/Financial
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Business/FinancialLockheed Martin Aeronautics Chief Evans Taking Temporary Leave
Lockheed Martin [LMT] on Monday said that Michele Evans, the company’s executive vice president of its Aeronautics segment, is taking a temporary leave of absence to deal with health issues […]
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Business/FinancialMcKean Defense To Acquire Small Navy Contractor Mikros Systems
McKean Defense Group last week said it has agreed to acquire Mikros Systems Corp. [MKRS], a small provider of advanced maintenance systems for the Navy and industrial and commercial applications. […]
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Business/FinancialManTech Acquires Minerva, Bolstering Cyber Work For Intelligence Community
ManTech International [MANT] on Thursday said it has acquired Minerva Engineering, a company that provides various cyber services to the intelligence community. Terms of the deal were not disclosed. Minerva’s […]
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Business/FinancialFluor Narrows 2Q Losses; 3Q Report Possible by December
Fluor Corp. [FLR], the financially troubled, Dallas-based Department of Energy contractor, continued to narrow its losses from continuing operations in the second quarter and first six months of 2020, the […]
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Business/FinancialRaytheon Technologies To Acquire Small Satellite Company Blue Canyon
Raytheon Technologies [RTX] on Tuesday said it has agreed to acquire a developer and manufacturer of small satellites and related components, Blue Canyon Technologies. Terms of the deal, which is […]
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Business/FinancialViasat’s Mark Dankberg to Transition Away from CEO Role
Viasat [VSAT] Chairman and CEO Mark Dankberg, who co-founded the company in 1986 is transitioning into the newly created position as executive chairman of the company. President and COO Rick […]
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Business/FinancialCISA Report Says COVID Stressing ICT Global Supply Chains
The ongoing pandemic has created stress points for the global supply chain for information and communications technology (ICT), in part because company’s lack of deep insight into their supply chains, […]
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Business/FinancialPacific Defense Acquires Technology Firm Spear Research
Pacific Defense on Thursday evening said it has acquired Spear Research, a small New Hampshire-based company focused on electronic warfare, signals intelligence, and autonomous networked sensor systems. Terms of the […]
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Business/FinancialPension Tailwind, Lower Tax Rate Boost Huntington Ingalls In Third Quarter
Huntington Ingalls Industries [HII] on Thursday reported higher earnings and sales in its third quarter, bouncing back from a rough second quarter. Net income increased 44 percent to $222 million, […]
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Business/FinancialIndustry Can Build Three Virginia Subs But Government Must Commit, Petters Says
The nation’s shipyards and their supply chains could build three Virginia-class nuclear attack submarines annually but to create the necessary capacity will require the government to commit to such a […]