Business/Financial
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Business/FinancialKaman Completes $700 Million Sale Of Distribution Business To Focus On Aerospace And Defense
Kaman Corp. [KAMN] on Monday said it has completed the sale of its Distribution segment to the private equity firm Littlejohn & Co. for $700 million in cash, allowing it […]
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Business/FinancialE3/Sentinel Acquires Intelligence Community Services Provider Data Works
E3/Sentinel earlier this month acquired Data Works, Inc., a provider of various software solutions to the intelligence community, a deal that expands its data engineering, advanced analytics and software development […]
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Business/FinancialJacobs to Buy Wood Group Nuclear Business
Jacobs Engineering [JEC] on Tuesday said it would pay £250 million ($302 million) to acquire the nuclear branch of the Scotland-based John Wood Group. The deal is expected to be […]
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Business/FinancialCACI Disputes $156 Million In Liens Filed By IRS, Sees No Impact
The Internal Revenue Service (IRS) has filed several liens valued at $156 million against federal contractor CACI International [CACI], which says the filings are in error and believes the dispute […]
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Business/FinancialCACI Reports Record Sales, Orders In Fourth Quarter As Income Dips
CACI International [CACI] on Wednesday posted mixed financial results in its fourth quarter driven by record sales and bookings although earnings fell due to a number of investments and an […]
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Business/FinancialArmed Services Board Decides In DynCorp’s Favor To Reform T-6 Services Contract
DynCorp International [DI] on Wednesday said a federal appeals tribunal has ruled in its favor over a five-year old contract dispute with the Air Force related to undercharging for maintenance […]
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SpaceSierra Nevada Selects ULA’s Vulcan Centaur for NASA Missions
Sierra Nevada Corp. [SNC] has selected United Launch Alliance’s (ULA) forthcoming launch vehicle to help deliver cargo to the International Space Station beginning in 2021. SNC Chairwoman and President Eren […]
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Business/FinancialAcquisitions Fuel Higher Sales At Parsons In Second Quarter As Income Falls
Parsons [PSN], which went public in May, on Tuesday reported a drop in net income in its second quarter due to higher compensation expense, recent acquisitions, and a difficult comparison […]
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Air ForceBlue Origin Files Pre-Award Protest Against Air Force Launch Services Program
After months of speculation, Blue Origin has filed a pre-award protest to the Government Accountability Office claiming the terms outlined in the Air Force’s Launch Services Procurement (LSP) solicitation impedes […]
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Business/FinancialManTech Acquires H2M, Bolstering Presence With Intelligence Community
ManTech International [MANT] last Thursday said it has acquired H2M Group, a provider of analysis services and solutions to the intelligence community, a deal that bolsters the company’s presence with […]