Business/Financial
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Business/FinancialEmbraer Shareholders Approve Commercial, KC-390 Joint Ventures With Boeing
Embraer’s [ERJ] shareholders on Tuesday approved proposals for two joint ventures with Boeing [BA], one for aircraft and services operations for the Brazil-based company’s commercial aircraft and the other for […]
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Business/FinancialHarris, L3 Shareholders To Vote In April On Merger
Harris Corp. [HRS] and L3 Technologies [LLL] said on Monday that their respective shareholders will meet in special meeting on April 4 to consider and vote on the proposed merger […]
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Business/FinancialHuntington Ingalls Completes Acquisition Of Fulcrum IT Services
Huntington Ingalls Industries [HII] on Monday said it closed its acquisition of Fulcrum IT Services, adding expertise in cyber security, C5ISR, intelligence operations, software development and data analytics. Terms of […]
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Navy/USMCSiemens Pushing Proven Fuel Cell Technology For Potential UUV, Submarine Power
A fuel cell technology used on allied submarines for more than a decade is available for use by the U.S. Navy for its larger unmanned underwater vehicles (UUVs) in development […]
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Air ForceRolls-Royce to Offer F130 System for New B-52 Engines, Will Build in Indianapolis
Rolls-Royce officially plans to pitch its F130 engine to replace the aging systems on the Air Force’s B-52 Stratofortress strategic bomber, in a possible three-way competition with Pratt & Whitney […]
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PentagonPentagon to Begin F-35 Lots 15-17 Negotiations with Lockheed Martin
The Pentagon is preparing to begin negotiations with Lockheed Martin [LMT] for the next three lots of F-35 Joint Strike Fighters, according to a recent government solicitation. A notice posted […]
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Business/FinancialLeidos Reports Higher Sales, Earnings In Fourth Quarter
Leidos [LDOS] on Tuesday posted higher sales and earnings due to top line growth across its business segments and higher operating income in its Health and Civil segments. Net income […]
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Business/FinancialLower Taxes Drive Earnings Up At Huntington Ingalls In Fourth Quarter
Huntington Ingalls Industries [HII] on Thursday reported mixed financial results for its fourth quarter, with net income higher on lower taxes despite a big dip in operating income at its […]
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CyberPentagon Official: DoD Working Toward Cyber Compliance Plan in 2019
The Defense Department expects to have a plan in place for certifying industry partners for cyber compliance by the end of 2019, a senior acquisition official said Feb. 13. The […]
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Business/FinancialApplied Insight Announces Deals For Federal IT Firms
Applied Insight on Wednesday said it has closed two acquisitions of federal solutions providers that will strengthen its capabilities in cloud, analytics and artificial intelligence offerings to its customers. Terms […]