Business/Financial
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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 […]
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Business/FinancialNavy Biz Insulates BWXT From Worst of Pandemic Ills; Partial Va. Sub Order Suits Company Fine, CEO Says
Insulated from the worst of the COVID-19 pandemic by its large government contracts and a bread-and-butter nuclear Navy business that didn’t shut down in the spring, BWX Technologies [BWXT] posted […]
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Business/FinancialNavy Nuke Biz Insulates BWXT From Worst of Virus Ills
Insulated from the worst of the COVID-19 pandemic by its big government contracts and a bread-and-butter nuclear-Navy business that never shuts down, BWX Technologies [BWXT] posted a modest uptick in […]
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Business/FinancialArlington Capital Partners To Acquire Triumph’s Composite Business
Triumph Group, Inc. [TGI] on Monday said it has agreed to sell its aerospace composites businesses to Arlington Capital Partners, part of the company’s ongoing efforts to divest its non-core […]
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Business/FinancialDraft Solicitation for New Pantex-Y-12 Contract Coming This Month, NNSA Says
The National Nuclear Security Administration (NNSA) will continue to bundle management of the Y-12 National Security Complex in Tennessee and the Pantex Plant in Texas in the post Consolidated Nuclear […]