Business/Financial
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Business/FinancialAerospace And Defense M&A Deal Values, Volume Down In First Half, PwC Says
The value and number of merger and acquisitions in the global aerospace and defense industry in the first half of 2020 is down significantly versus a year ago coinciding with […]
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Business/FinancialCommercial Woes Trip Raytheon Technologies In Second Quarter
Raytheon Technologies [RTX] on Tuesday said it swung to a loss in the second quarter largely due to a slump in commercial aerospace triggered by the ongoing COVID-19 pandemic while […]
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Business/FinancialInvestment Firm KPS Capital To Acquire AM General
The investment firm KPS Capital Partners on Wednesday said it has agreed to acquire specialty vehicle developer and manufacturer AM General LLC from the holding company MacAndrews & Forbes. Terms […]
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Business/FinancialHuntington Ingalls Adds To Autonomous Capabilities With Investment In Sea Machines
Huntington Ingalls Industries [HII] on Wednesday said it has made another investment in unmanned systems by partnering and making a strategic equity investment in Sea Machines, which develops software for […]
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Advanced / Transformational TechnologyTaiclet Looks To Bring Commercial, Other Tech Innovation Methods To Lockheed Martin And Defense Industry
His feet barely wet after taking over day-to-day leadership defense giant Lockheed Martin [LMT] on June 15, James Taiclet on Tuesday outlined some new paths he and the company plan […]
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Business/FinancialHII Reorganizes Technical Solutions Business
Huntington Ingalls Industries’ [HII] Technical Solutions division on Tuesday said it was reorganizing two of its business groups into a new combined Defense and Federal Solutions Group. The division combined […]
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Business/FinancialLockheed Martin Delivers Strong Second Quarter, Raises Outlook
Lockheed Martin [LMT] on Tuesday posted double-digit percentage gains to its top and bottom lines in the second quarter driven by strong operating results across its business segments and the […]
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Business/FinancialNorthrop Grumman Partners With Startup Firm Epirus To Leverage Tech For C-UAS Platforms
Northrop Grumman [NOC] announced Monday it is partnering with start-up venture Epirus to leverage its Electromagnetic Pulse (EMP) capability for its own counter-drone solutions. “The agreement augments Northrop Grumman’s advanced […]
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Business/FinancialNorthrop Grumman Completes Multi-Mission Demo Of Firebird System
Northrop Grumman [NOC] this week said it recently completed a four-day, multi-mission demonstration of its Firebird optionally-piloted intelligence and surveillance aircraft platform, featuring the rapid integration of a new sensor […]
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Business/FinancialCanada’s Calian Acquires Norway-Based Training Company
Canada-based Calian Group last week said it has acquired Comprehensive Training Solutions International (CTS), a Norway-based company that provides training services for defense and civil customers. A spokesman for Calian […]