Business/Financial
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CyberHuntington Ingalls Acquires Cyber Security Firm G2 To Expand Services Business
Huntington Ingalls Industries [HII] on Monday said it has acquired the cyber security firm G2 Inc., which will be part of the company’s Technical Solutions division that was stood up […]
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Business/FinancialCerberus Capital To Acquire Majority Stake In Navistar Defense
The private equity firm Cerberus Capital Management on Monday said it has agreed to acquire a 70 percent interest in Navistar International Corp.’s [NAV] defense business, which makes tactical wheeled […]
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Business/FinancialHexcel To Acquire Producer RF Absorbing Composite Materials
Advanced composites developer and manufacturer Hexcel Corp. [HXL] has agreed to acquire ARC Technologies, which supplies composite materials that absorb electronic signals, for $160 million. Massachusetts-based ARC’s radio frequency and […]
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InternationalGD’s European Land Business Acquires German Military Vehicle Maintenance Company
General Dynamics [GD] on Nov. 30 said its European Land Systems division has acquired a German company that provides maintenance and service for the German army and other international customers […]
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Business/FinancialNASA Selects Nine Companies To Compete For $2.6 Billion In Moon Deliveries
NASA on Thursday selected nine companies to compete for $2.6 billion in potential lunar commercial delivery services over the next 10 years, a key step toward long-term study and human […]
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CyberLeidos Nabs $100 Million Award To Provide Cyber Security Services To Commerce Department
Leidos [LDOS] on Wednesday said it has received a potential $100 million task order from the Department of Commerce to provide cyber and enterprise security operations for the department and […]
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Business/FinancialUTC, As Aerospace Company, Expects To Have $50 Billion In Sales By 2020
United Technologies Corp. [UTX] on Monday evening closed its acquisition of Rockwell Collins and said it would separate into three separate companies, with United Technologies housing the commercial and military […]
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Business/FinancialAirbus, Safran Name New Chief For Space Launch Venture
Airbus Group and Safran on Monday said they have proposed Andre-Hubert Roussel, who currently runs operations at Airbus’ Defence and Space Group, to be the CEO of ArianeGroup, a joint […]
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Business/FinancialElbit Completes Acquisition Of IMI Systems
Israel’s Elbit Systems Ltd. [ESLT] on Sunday said it has completed its $495 million acquisition of IMI Systems, which is also based in Israel, expanding its capabilities in the defense […]
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Business/FinancialStudy Finds Small Businesses Entering Federal Market As Primes Remains Low Since 2013
The number of new small businesses entering the federal contracting market rose from 2001 until 2006, declined “dramatically” between 2007 and 2013, and has remained “relatively low and constant” since […]