Business/Financial
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Business/FinancialFluor to Exit Government Contracting Business, Including DoE
Fluor [FLR], a pillar of the U.S. Energy Department’s nuclear operations and cleanup complexes, said Tuesday it will exit the government market as part of a shakeup following recent hard […]
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Business/FinancialMercury Systems Completes Acquisition Of American Panel
Mercury Systems [MRCY] on Monday said it has completed its $100 million cash acquisition of American Panel Corporation (APC), expanding its capabilities in the avionics market. Mercury in July disclosed […]
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Business/FinancialNorthrop Grumman Shuffles Organization, Leadership
Northrop Grumman on Wednesday announced changes to its organization and leadership it argued will better align portfolios. The company said there will be four modified operating sectors: Aeronautics Systems, Defense […]
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Business/FinancialElbit America Completes $350 Million Acquisition Of Harris’ Night Vision Business
Elbit Systems of America has finalized its $350 million acquisition of Harris Corp.’s night vision business, with the company looking for the partnership to enhance offerings for future F-35 helmet-mounted […]
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Partner ContentSpecial Report: Enduring Legacy – Innovating for the Future
The U.S. Government recently approved the purchase of Harris Night Vision by Elbit Systems of America, LLC, (“Elbit America”) the U.S. subsidiary of Israel’s Elbit Systems Ltd. Adding night vision […] -
Advanced / Transformational TechnologyLockheed Martin to Build New Hypersonics Facility in Alabama
Lockheed Martin [LMT] plans to establish a new facility to support its hypersonic programs in northern Alabama, bringing nearly 300 new jobs to the region over the next three years. […]
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Business/FinancialGeneral Dynamics Shuffles Electric Boat and NASSCO Leadership
General Dynamics [GD] has appointed Kevin Graney, president of GD National Steel and Shipbuilding Company (NASSCO), as president of GD Electric Boat (EB), effective Oct. 1. Concurrently, David Carver, NASSCO’s […]
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Air ForceBoeing Claims Northrop Rejected Potential Partnership on GBSD Program
After several weeks of speculation that the two developers for the Air Force’s next-generation intercontinental ballistic missile system could work together on a path forward, the companies appear to be […]
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InternationalState Department Clears $6.5 Billion F-35A Sale to Poland
The State Department has approved a potential foreign military sale (FMS) worth $6.5 billion of F-35A Joint Strike Fighters to Poland, the department said Sept. 11. The sale, if approved […]
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Business/FinancialPrivate Equity Firm Susquehanna Capital Acquires Majority Stake In McNally Industries
The private equity firm Susquehanna Private Capital, LLC (SPC) on Monday said it has acquired a majority stake in defense and energy system contractor McNally Industries, LLC. SPC acquired Wisconsin-based […]