Business/Financial

Federal technology solutions provider Octo Consulting Group last month acquired Connexta in a deal that increases its presence in the intelligence community and Defense Department and expands its capabilities in […]

Former Marine General and Defense Secretary James Mattis has been reelected to the Board of Directors of General Dynamics [GD], where he previously served on the board between August 2013 […]

Britain’s Avon Rubber plc on Wednesday said it has agreed to acquire the U.S.-based ballistic protection business of 3M Corp. [MMM] for $91 million in cash, a deal that complements […]

The Coast Guard on Tuesday said it awarded Bollinger Shipyards a $297.4 million contract option for six Fast Response Cutters (FRC) that will be delivered in 2022 and 2023. The […]

BWX Technologies [BWXT] is now about halfway through repairing 12 submarine missile tubes it welded incorrectly in 2018, Rex Geveden, president and chief executive officer of the Lynchburg, Va., nuclear-hardware […]

Earnings at BWX Technologies [BWXT], Lynchburg, Va., dipped slightly to just under $60 million even as second-quarter revenue rose 7% to about $470 million on the strength of busier work on […]

Communications & Power Industries LLC (CPI) on Monday said it has agreed to acquire a business unit of General Dynamics [GD] that develops and produces a full spectrum of satellite […]

Everbridge, Inc. [EVBG] last Thursday said it has acquired the cyber security firm NC4, allowing it to create an end-to-end platform for critical event management and cyber threat assessment. Everbridge […]

RIDLEY PARK, Pa. —Boeing [BA] on Thursday officially opened a new $115 million facility for the V-22 Osprey that will serve as the home for the Marine Corps’ effort to […]

Serco, Inc. on Thursday said it has completed its $225 million acquisition of Alion Science & Technology Corp.’s Naval business unit, a deal that adds about $336 million in annual […]