Business/Financial
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Business/FinancialRedwire Acquires Small Satellite Technology Company Roccor
Space solutions company Redwire on Thursday said it has acquired Roccor, a designer and manufacturer of subsystems and products for small satellites, giving the company a portfolio of new capabilities. […]
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Business/FinancialParsons To Acquire Braxton Group, Expanding Capabilities In Space
Parsons Corp. [PSN] on Thursday said it has agreed to acquire Braxton Science & Technology Group (BSTG) for $300 million in a deal that expands its capabilities in the growing […]
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Business/FinancialBoeing Swings To Loss In Third Quarter As Pandemic Pounds Away
Boeing [BA] on Wednesday reported a third quarter loss primarily due to declines in its commercial aircraft and services businesses stemming from the ongoing pandemic, but the bleeding also seeped […]
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Business/FinancialGD Posts Lower Income, Sales In Third Quarter Due To COVID
General Dynamics [GD] on Wednesday reported top and bottom-line declines in its third quarter, largely on continued weakness in its business aviation business stemming from the ongoing pandemic, which also […]
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Business/FinancialRaytheon Technologies’ Profit Falls On Continued Weakness In Commercial Market
Raytheon Technologies [RTX] on Tuesday reported lower third quarter earnings due to continued weakness in commercial aerospace although the results, adjusted for various charges, topped analysts’ expectations. Net income in […]
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Business/FinancialRaytheon Technologies Selling Forcepoint Cyber Business To Investment Firm
Raytheon Technologies [RTX] on Monday said it has agreed to sell its commercial cyber security business Forcepoint to the investment firm Francisco Partners, ending a five-year run with the business […]
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Business/FinancialPAE To Acquire CENTRA Technology To Expand Intelligence Community Presence
PAE Inc. [PAE] on Monday said it has agreed to acquire CENTRA Technology in a $208 million cash deal that will add new customers in the intelligence community, and Departments […]
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Business/FinancialPalantir Forecasts Major Increase in Its Share of DoD, Other Federal Software Business
Denver-based Palantir Technologies, Inc. [PLTR] forecasts a major increase in the company’s share of DoD, intelligence community, and other federal software business, as the company seeks to become the “central […]
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Business/Financial
Private Equity Firm AEI Acquires National Security Services Firm PCI
AE Industrial Partners on Monday said it has acquired PCI, a provider of cyber security, computer network operations, data analytics and cloud solutions to the intelligence community, defense customers and […]
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Business/FinancialStrong Operating Results Propel Northrop Grumman In Third Quarter
Northrop Grumman [NOC] on Thursday posted solid third quarter financial results driven by strong operating performance at its business segments and pension gains, helping the company overcome higher taxes. Net […]