Business/Financial

The Pentagon is exploring a new consortium model for venture capital (VC) firms that would look to improve the ability of those companies to make targeted investments in specific technology […]

Vision Technology Systems, the U.S. subsidiary of Singapore’s ST Engineering, this week will change its name to ST Engineering North America, a rebranding that better aligns it with its parent […]

The 2020 Presidential and Senate races continue to heat up as two retired flag officers announced plans to run for president and challenge a sitting senator on the Senate Armed […]

Harris Corp. [HRS] and L3 Technologies [LLL] on Friday said their merger into L3Harrris Technologies will close June 29, following Justice Department approval of the deal last week. The companies […]

The Department of Justice on Thursday filed a civil antitrust lawsuit to block the pending merger of Harris Corp. [HRS] and L3 Technologies [LLL], but said if Harris divests its […]

Boeing [BA] on Wednesday said this year it will move the headquarters of its Space and Lunch division near Washington, D.C., to Florida’s Space Coast to be closer to key […]

Raytheon [RTN] on Tuesday said it has teamed with counter-drone technology supplier Black Sage to provide an integrated solution to mitigate threats from unmanned aircraft systems (UAS) for civil, critical […]

AECOM [ACM] said Monday it plans next year to spin off its multibillion-dollar government contracting branch into a separate publicly traded company. The Board of Directors to the Los Angeles-based […]

France’s Naval Group and Italy’s Fincantieri signed a joint venture agreement on June 14 that delineated the terms of incorporation for a new 50/50 owned company. The companies signed an […]

Boeing [BA] projects that the global market for defense and space opportunities over the next decade will be worth $2.5 trillion, part of an $8.7 trillion forecast for the overall […]