Business/Financial
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Business/FinancialFLIR Enters Military Ground Robotics Vehicle Business With Deal For Endeavor Robotics
Fresh off an acquisition for maker of small unmanned aircraft systems (UAS), FLIR Systems [FLIR] on Monday said it has agreed to acquire Endeavor Robotics, which makes small robotic ground […]
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Business/FinancialBWXT Says $2 Billion in Naval Reactor Contracts Coming
BWX Technologies [BWXT] expects to finalize some $2 billion in nuclear naval nuclear propulsion contracts in the first quarter of 2019, the Lynchburg, Va., company said Monday before financial markets opened. […]
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CongressNew Military Vet Lawmaker Pledges to Help Small Businesses Work With U.S. Government
Freshman lawmaker and former Green Beret Rep. Michael Waltz (R-Fla.) plans to tackle the Defense Department’s cumbersome acquisition process and be a champion for small businesses working with the government […]
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Business/FinancialLMI Acquires The Tauri Group To Expand Defense, Homeland Security Presence
The federal consulting firm LMI on Tuesday said it has acquired The Tauri Group, a government services company, in a deal that boosts its technical capabilities in several areas and […]
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InternationalCENTCOM Leader: FMS Process Must Be More ‘Responsive’ to Partners’ Needs
The U.S. government must develop a more deliberative and responsive foreign military sales (FMS) process to ensure allies continue to buy U.S. equipment instead of opting for Russian- or Chinese-made […]
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Business/FinancialBelcan Acquires U.K. Engineering And Technical Recruiting Firm
Belcan, LLC, on Monday said it has acquired United Kingdom-based Sitec, which provides engineering services and technical recruitment services to the aerospace, defense, industrial and government services markets. Terms of […]
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Business/FinancialCACI Acquiring Two Companies In C4ISR Space
CACI International [CACI] last Wednesday said it is acquiring two companies that will strengthen its products and capabilities in the areas of signals intelligence (SIGINT), electronic warfare (EW), and cyber […]
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Business/FinancialNew Executive Order Expands ‘Buy American’ Initiative
President Trump signed an executive order Thursday to expand his “Buy American” initiative by urging agencies to ensure loans provided for new programs are used on American-manufactured products. This is […]
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Business/FinancialNorthrop Grumman Chief Indicates B-21 Development Going Well
Development of the B-21 stealth bomber for the Air Force is going well and 2019 revenue on the development effort is expected to level off, the new CEO of Northrop […]
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Business/FinancialRaytheon Posts Strong Fourth Quarter On Lower Taxes, Operations
Buoyed by a lower tax rate and strong bottom line operating results in three of its segments, Raytheon [RTN] on Thursday reported a hefty increase in earnings in the fourth […]