Business/Financial
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Business/FinancialAerospace And Defense Companies In Working Group To Improve Supply Chain Solutions
A number of aerospace and defense (A&D) companies have joined in an initiative with Exostar to collaborate on next-generation solutions to enhance relationships, performance and security of their supply chains. […]
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InternationalState Department: ‘Room to Reconcile’ on U.S.-Turkey F-35 Debacle
The State Department continues to hold the door open to Turkey to rejoin the F-35 Joint Strike Fighter program if it opts to procure a compatible integrated air defense system […]
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Business/FinancialTaxes Trim Leidos’ Fourth Quarter Earnings Despite Strong Sales
Higher taxes led Leidos [LDOS] to report a slight dip in its fourth quarter earnings, but sales were strong and adjusted earnings easily topped analysts’ estimates. Net income in the […]
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Business/FinancialFluor Nixes Planned Sale of Gov Biz, Including Civilian Nuke Contracts
Engineering and procurement giant Fluor [FLR] reversed course and decided not sell its government contracting business, which has contracts with Department of Energy’s nuclear weapons complex, and Department of Defense, the […]
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Business/FinancialNNSA to Contract for More JASON Work by April
The Department of Energy plans to issue the MITRE Corp.-funded JASON group of civilian scientists more nuclear security work by the end of April, according to a procurement note published […]
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Unmanned SystemsPetters Touts HII’s Position In Emerging Unmanned Space; Strong Growth Forecast
The pending acquisition of a developer and manufacture of small, medium and large unmanned underwater vehicles (UUVs) coupled with existing capabilities in extra-large UUVs has Huntington Ingalls Industries [HII] well […]
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Business/FinancialHuntington Ingalls’ Sales Up, Profits Down In Fourth Quarter; Will Divest Oil And Gas Business
Huntington Ingalls Industries [HII] on Thursday posted lower fourth quarter earnings despite a strong increase in sales due in part to an impairment charge stemming from the company’s decision to […]
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Business/FinancialFederal Technology Services Provider Applied Insight Acquires DAE
Applied Insight (AI) on Wednesday said it has acquired Digital Age Experts, LLC (DAE), expanding its capabilities in cloud services for the federal government and boosting its position with defense […]
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Business/FinancialShip Repair Company Titan Acquisition Acquires Huntington Ingalls’ San Diego Yard
Titan Acquisition Holdings, which was formed last year through the acquisition of two ship repair companies, on Wednesday said it has agreed to acquire a majority interest in Huntington Ingalls […]
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Business/FinancialPrivate Equity Firm AE Industrial Partners Acquires American Pacific
The private equity firm AE Industrial Partners (AEI) last Thursday said it has acquired specialty chemicals manufacturer American Pacific Corporation, which services the defense, space, pharmaceutical and fire suppression markets. […]