Business/Financial

BAE Systems on Thursday said it is investing more than $100 million in a new “state-of-the-art facility” to house its Iowa-based military GPS business it acquired from Raytheon Technologies [RTX] […]

The top executive of BWX Technologies [BWXT] this week said the next generation of attack submarines will be closer to the Columbia-class ballistic missile submarines in size and the latest […]

The private equity firm AE Industrial Partners (AEI) on Wednesday said it has acquired federal services provider Linkware, LLC, and Pangiam, a security and travel consulting firm, to create a […]

Lynchburg, Va.-based BWX Technologies [BWXT] hauled in $520 million in revenue during the third quarter, which ended Sept. 30, which is up 3% from the $506 million it took in […]

Britain’s Avon Rubber plc said on Tuesday it has completed its $130 million acquisition of Cleveland-based Team Wendy, a designer and manufacturer of head protection systems for military, law enforcement, […]

Curtiss-Wright Corp. [CW] on Monday said it has completed its $400 million acquisition of Pacific Star Communications, Inc. (PacStar), a deal that positions it as a key supplier of tactical […]

TE Connectivity [TE] on Monday said it has acquired DRI Relays, Inc., a designer and manufacturer of electro-mechanical relays and other devices for long-life applications in harsh environments, including the […]

Belcan, LLC on Monday said it has acquired Telesis Corp., a deal that helps scale up the company’s federal information technology (IT) services. Terms of the acquisition were not disclosed. […]

Leidos [LDOS] on Monday posted record sales driven mainly by two acquisitions earlier this year and the company mustered a slight increase in organic growth, overcoming headwinds related to the […]

Leidos [LDOS] Chairman and CEO Roger Krone on Monday said that lessons being learned about doing business during the ongoing pandemic are demonstrating areas where the company will be able […]