Business/Financial

DARPA Awards SRI International $12M for Early Warning Chemical Threat Detector SRI International has received a multi-year $11.6 million contract from the Pentagon’s Defense Advanced Research Projects Agency to develop […]

CBP Awards Elbit $26 Million For Final Installment of Surveillance Towers in Arizona Customs and Border Protection (CBP) has awarded Elbit Systems of America a $26 million order for the […]

Government services provider Vectrus, Inc. [VEC] on Monday said it has acquired Advantor Systems for $44 million in cash, adding new capabilities in security management solutions and expanding its geographic […]

Northrop Grumman [NOC] on July 3 said the Air Force’s recent $82 million award for the Enhanced Polar System Recapitalization (EPS-R) Control and Planning Segment (CAPS) provides the authority to […]

The India Ministry of Defence has renewed its ban on Leonardo in bidding on defense acquisition programs in the country. The ministry “has decided to further extend the period of […]

Gryphon Technologies, Inc. on Tuesday said it has acquired PGFM Solutions, LLC, giving it new capabilities in cyber security for shipboard control systems. Terms of the deal, which closed on […]

Accenture [ACN] on Monday said it completed its acquisition of BCT Solutions, an Australia-based consulting firm with core capabilities in command and control, cyber security, electronic warfare and intelligence, bolstering […]

Lockheed Martin [LMT] on Monday said that Dale Bennett, the chief of its Rotary and Mission Systems (RMS) segment, will retire at the end of 2019 and will be succeeded […]

L3Harris Technologies [LHX] began operations last Saturday after the completion of its all stock merger between Harris Corp. and L3 Technologies, and on Monday announced its new organizational structure and […]

Defense electronics company SRC, Inc. on Monday said it has acquired a small company called SAZE Technologies, LLC, to strengthen and accelerate its work on radar systems. Terms of the […]