Business/Financial

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 […]

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 […]