Business/Financial
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Business/FinancialCACI Rounds Out Fiscal Year With Strong Fourth Quarter
CACI International [CACI] on Wednesday after the markets closed reported strong fourth quarter and fiscal year 2020 results marked by operational performance and robust order flow, easily overcoming challenges related […]
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Unmanned SystemsCACI Acquires Drone Security, ISR Technology Company Ascent Vision Technologies
CACI International [CACI] on Wednesday said it has acquired Ascent Vision Technologies (AVT), which develops and produces counter-unmanned aircraft systems (CUAS) and imaging systems for military customers. Terms of the […]
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Business/FinancialLockheed Martin Invests In AI Company Fiddler Labs
Fiddler Labs on Wednesday said it has entered into a strategic collaboration agreement with Lockheed Martin’s [LMT] ventures unit that also includes an investment to help the company further develop, […]
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Business/FinancialGD, Bath Iron Works Union Reach Tentative Deal To End Strike
General Dynamics [GD] and the union representing the company’s employees at Bath Iron Works last Saturday said they have reached a tentative agreement for a new collective bargaining agreement, although […]
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Business/FinancialHelm Change at Outgoing Prime Contractor for DoE Nuke Site
Michelle Reichert will become president of Consolidation Nuclear Security, the outgoing management and operations contractor for the Y-12 National Security Site and the Pantex Plant, next week, the Bechtel National-led […]
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Business/FinancialAfter Closing Military GPS Deal, BAE Looks To Leverage Production Know-How From New Unit
The addition last month of an entrenched military GPS receiver product business by BAE Systems will provide the company with more than just leading products that helps build out its […]
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Business/FinancialHuntington Ingalls Hits Rough Seas In Second Quarter
Huntington Ingalls Industries [HII] on Thursday posted a steep drop in second quarter earnings mainly on charges at its shipyards due to efficiency and staffing challenges, at least some of […]
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Business/FinancialDoE Kicks Off Competition for Contract That Will Fund Nuke-Core Work for ICBMs
The Department of Energy kicked off procurement of the next Savannah River Site management and operations contract by publishing a request for information from industry about a pact that will […]
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Business/FinancialSmiths Detection Completes Acquisition Of PathSensors
Smiths Detection on Tuesday said it has completed its acquisition of PathSensors, a developer of biological detection technology used in defense, food safety and emerging disease applications. Terms of the […]
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Business/FinancialAcquisitions, Payment Boost Leidos In Second Quarter
Leidos [LDOS] on Tuesday posted higher sales and earnings in its second quarter driven by two acquisitions earlier this year and a payment related to patent infringement, more than offsetting […]