Business/Financial
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Business/FinancialLockheed Martin Continues Momentum With Strong Third Quarter
Driven by strong operating results across most of its segments, Lockheed Martin [LMT] on Tuesday delivered higher sales and earnings in its third quarter and raised its top and bottom-line […]
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Business/FinancialAfter Some Big Wins, Leonardo DRS Puts Shared Focus On Growth And Execution
Following some major contract wins the past two years and stellar growth during that period, Leonardo DRS has been shifting some of its attention to executing on the relatively new […]
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Business/FinancialHoneywell Acquires UAS Fuel Cell Business Of Ballard Power
Honeywell [HON] on Thursday said it has acquired a business of Ballard Power Systems [BLDP] that develops and produces fuel cell systems for unmanned aircraft systems (UAS), positioning the company […]
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Business/FinancialLeonardo DRS Invests In Tethered Drone Developer Hoverfly
Leonardo DRS on Tuesday said it has invested in tethered drone designer and developer Hoverfly Technologies, a partnership that will bring Leonardo DRS’ capabilities in manufacturing, platform integration and sensor […]
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Business/FinancialAM General Touts Benefits Of New Owners
The acquisition of light tactical vehicle manufacturer AM General this month by a private equity firm that focuses on manufacturing companies will aid the company in its customer commitments, Andy […]
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Business/FinancialNext Y-12/Pantex Contract Won’t Draw Protest, Will Happen on Time, NNSA Acquisition Boss Says
The National Nuclear Security Administration’s (NNSA) enterprise-wide procurement honcho predicted a competition to pick a new management contractor for the Pantex Plant and the Y-12 National Security Complex would conclude […]
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Business/FinancialPrivate Equity Firms Acquire Military Aerospace Parts Manufacturer Seanair Machine
A group of private equity firms on Monday said they have acquired aerospace parts manufacturer Seanair Machine Co. Inc., which has a 60-plus year history of working with major military […]
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Advanced / Transformational TechnologyLockheed Martin To Acquire Hypersonics Portfolio Of i3
Lockheed Martin [LMT] last Friday said it has agreed to acquire the hypersonics portfolio and related employees of Integration Innovation, Inc. (i3), a deal that the company said will strengthen […]
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Homeland SecurityNew IDEMIA NSS Chief Targets Emerging Capabilities for New Growth
Looking to build on its legacy work with the Department of State for credentialing solutions and the FBI as prime contractor for the agency’s authoritative Next Generation Identification biometric repository, […]
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Business/FinancialHoneywell Acquires Thermal Management Solutions Company Rocky Research
Honeywell [HON] on Wednesday said it has acquired Rocky Research, a company specializing in thermal, energy, and power management solutions for the defense and commercial markets. Terms of the deal […]