Business/Financial
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Business/FinancialAmentum To Acquire DynCorp, Creating $6 Billion Service Company
Amentum Holdings last Friday said it has agreed to acquire DynCorp International in a deal that would broaden its defense services business into aviation and logistics support. Terms of the […]
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Business/FinancialCurtiss-Wright To Acquire Battlefield Tactical Communications Provider PacStar
Curtiss-Wright [CW] on Thursday said it has agreed to acquire Pacific Star Communications, Inc. (PacStar) for $400 million in cash, adding battlefield tactical networking equipment and solutions to its capabilities. […]
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Business/FinancialSievers Taking Over as Y-12 Site Manager as CNS Leadership Shuffle Continues
Gene Sievers is taking over as manager of the Y-12 National Security Complex in Oak Ridge, Tenn., backfilling a position left vacant after his predecessor was promoted as part of […]
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Business/FinancialHII Signals Deep Commitment To Unmanned Systems With New Facilities
Shipbuilder Huntington Ingalls Industries [HII] on Tuesday upped its commitment to the development and manufacture of unmanned naval vessels, breaking ground on a new center of excellence in Virginia specifically […]
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Business/FinancialSAIC To Consolidate Business Groups
Science Applications International Corp. [SAIC] plans to realign its operating group structure, consolidating its defense and civilian sectors while renaming its National Security Group, the company said last week. SAIC […]
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Business/FinancialGovernment Services Provider QuantiTech Acquires Dynamic Concepts
QuantiTech LLC, a provider of engineering services to Defense Department customers and NASA, on Monday said it has acquired Dynamic Concepts, Inc. (DCI), a small company that provides engineering services […]
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Business/FinancialOak Ridge Contract Briefing Sparks Huge Virtual Turnout
Lured by the prize of a megabuck contract, more than 150 individuals and 60 organizations registered to take part in online briefings last week on the planned remediation deal at […]
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Unmanned SystemsStrong U.S. Industrial Base for Small UAS Needed to Counter China, Lord Says
Pentagon acquisition chief Ellen Lord highlighted the Defense Innovation Unit’s (DIU) Blue sUAS (small unmanned aerial systems) project as a stepping stone toward a stronger U.S. drone industrial base, which […]
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Business/FinancialFluor Reports More Errors in Financial Filings
Fluor [FLR] said Tuesday it has discovered more errors in past financial statements filed with the Securities and Exchange Commission. In addition, the Texas-based Energy Department contractor reported in an […]
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Business/FinancialAvon Rubber To Acquire Helmet Company Team Wendy
Britain’s Avon Rubber on Wednesday said it has agreed to acquire Cleveland, Ohio-based Team Wendy, a developer and supplier of head protection systems for military, first responder and other markets […]