Business/Financial

Science Applications International Corp. [SAIC] on Thursday said it has agreed to acquire the federal division of Unisys [UIS] for $1.2 billion in cash in a deal that strengthens commercial […]

Northrop Grumman [NOC] on Thursday said its board has elected David Keffer as its new chief financial officer effective Feb. 17, succeeding Kenneth Bedingfield who will remain with the company […]

Sonardyne International on Tuesday said it has acquired underwater imaging and inspection specialist 2G Robotics, adding to its capabilities in subsea products and services. Terms of the deal were not […]

L3Harris Technologies [LHX] on Tuesday posted higher pro forma sales and operating income in its fourth quarter driven by gains in each of its segments and the company said it […]

Huntington Ingalls Industries [HII] on Tuesday said it has agreed to acquire Hyrdroid Inc. for $350 million in cash, adding field-proven products and know-how in small and medium autonomous unmanned […]

Peraton has received a potential $277.5 million contract from Customs and Border Protection (CBP) to continue providing operations and integrated logistics support for the Tethered Aerostat Radar System (TARS), which […]

Leidos [LDOS] on Tuesday morning said it has agreed to acquire the Security & Detection and automation business units of L3Harris Technologies [LHX] for $1 billion in cash, adding a […]

OSI Systems [OSIS] 2Q20                   2Q19 Sales                    $305.3M             $303.2 Net Inc.               $21.0M, $1.12   $19.1, 1.03 The top line barely eked out a 1 percent gain due to record sales in the […]

The Department of Justice last Friday said that Airbus Group has agreed to pay the U.S. government $592 million to settle bribery and corruption charges related to commercial aircraft sales […]

Poland’s leaders signed a contract Jan. 31 to formally procure 32 F-35A Joint Strike Fighters for $4.6 billion, becoming the latest partner to join the F-35 family via foreign military […]