Business/Financial
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Business/FinancialSAIC Wins $950 Million Contract To Support DLA
The Defense Logistics Agency (DLA) last Friday awarded Science Applications International Corp. [SAIC] a potential $950 million contract to provide various construction materials that will be used by the Armed […]
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Business/FinancialSev1Tech Acquires Engineering Solutions And Products
Federal information technology services provider Sev1Tech on Thursday said it has acquired Engineering Solutions and Products (ESP), which provides a range of technology services, in particular to the Army. Terms […]
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Business/FinancialSAIC Sales Up On Engility Acquisition, Earnings Up On Operating Results
Science Applications International Corp. [SAIC] on Thursday reported a hefty increase in second sales due solely to its acquisition earlier this year of Engility Corp. and net income increased due […]
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Business/FinancialRAFAEL To Acquire Unmanned Aircraft Systems Manufacturer Aeronautics
Israel’s RAFAEL Advanced Defense Systems Ltd. on Monday said it and a partner have agreed to acquire Aeronautics Ltd., an Israeli developer and manufacturer of unmanned aircraft systems and platform […]
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Business/FinancialAE Industrial Partners Acquires Defense Supply Firm Triman
Private equity firm AE Industrial Partners (AEI) on Monday said it has acquired Triman Industries, Inc., a distribution and supply chain management business serving the defense industry and the Defense […]
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Business/FinancialBoeing Ventures Unit Makes Additional Investment In Additive Manufacturing Firm
Morf3D, a small company specializing in additive manufacturing for the aerospace industry, has received a second round of investment from Boeing’s [BA] HorizonX Ventures unit, demonstrating the value the aerospace […]
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CyberECS Teams With Dutch Firm On DHS Cyber Security Dashboard
ECS, which earlier this year won a potential $276.1 million task order to supply the Department of Homeland Security with an integrated dashboard to help with monitoring and mitigating cyber […]
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Pentagon‘No Major Concerns’ with Forthcoming Raytheon-UTC Merger, Says DoD’s Lord
The Defense Department does not currently see any issues with the recently announced merger of Raytheon [RTN] and United Technologies Corp. [UTX], the undersecretary for acquisition and sustainment said Aug. […]
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Navy/USMCNavy Completes Cloud Migration Of Financial Management System
The Navy on Friday said it completed a “tech refresh” of its financial management systems, migrating them to a commercial cloud system on Aug. 19, the service said on Friday. […]
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Business/FinancialPentagon Holding First ‘Trusted Capital Marketplace’ Event In October, Focused On Small UAS
The Pentagon will hold the first event for its new program to connect technology start-ups with “trusted sources of private capital” in October and will focus on small unmanned aircraft […]