Business/Financial
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Business/FinancialANSER Acquires Small Technical Services Firm Serving DoD, Federal Agencies
The non-profit federal professional services company Analytic Services Inc. (ANSER) last week said it has acquired Domain X Technologies, a small firm that provides subject matter expertise across a range […]
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Business/FinancialNorthrop Grumman Settles Over Alleged Overbilling On Air Force Contracts
The Justice Department on Friday said that Northrop Grumman [NOC] has agreed to pay $27.5 million to settle allegations that the company violated the False Claims Act with regard to […]
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ArmyAM General Invests In Company Developing Mobile Artillery Systems
Humvee maker AM General on Thursday said it has made a strategic investment in Mandus Group to accelerate efforts to develop a lightweight self-propelled howitzer system that is integrated on […]
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Business/FinancialCACI Opens New Fiscal Year With Strong Results
CACI International [CACI] on Wednesday afternoon reported a strong first quarter with higher earnings and sales and the company raised its earnings guidance for the rest of the year. Net […]
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CyberPrivate Sector Beginning To Protect Their Supply Chains, Evanina Says
Nation state actors are increasingly targeting cyber vulnerabilities of supply chains but the private sector is also waking up to the threat and taking steps to protect their supply chains, […]
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Business/FinancialThales, Verint Team On Cyber Threat Intelligence
France’s Thales Group and U.S.-based Verint Systems [VRNT] on Monday said they have formed a strategic partnership to provide comprehensive cyber threat intelligence services. The partnership aims to provide services […]
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Business/FinancialJ.F. Lehman Acquires Ship Repair Services Firm IMIA
The private equity firm J.F. Lehman & Co. on Monday said it has acquired a ship repair and services firm that serves the Naval and maritime industries. Terms of the […]
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PentagonShanahan: DoD Following White House Request to Cut Billions from 2020 Budget
As the Defense Department works on its fiscal year 2020 (FY’20) budget request throughout the rest of this calendar year, it is doing so with the goal of meeting President […]
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Navy/USMCU.S. Navy Releases Latest Business Operations Plan, Expects To Save Money
The Department of the Navy on Wednesday released its newest business operations plan, which was designed to tie into the National Defense Strategy (NDS) and continue to reform the department. […]
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Business/FinancialLeidos Posts Higher Sales, Income In Third Quarter; Plans Reorganization
Leidos [LDOS] on Thursday posted higher earnings and sales in its third quarter and reported exceptionally strong bookings, particularly from intelligence community customers, and the company said it will reorganize […]