Business/Financial
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Business/FinancialBWXT, Jacobs Announce Management Changes
Two major federal contractors, Virginia-based BWX Technologies [BWXT] and Dallas-based Jacobs Engineering [JEC], announced new executive appointments in the past week.Colin Jones, most recently with AECOM [ACM] is the new […]
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Business/FinancialL3 Acquires Space Mission Company Applied Defense Solutions
L3 Technologies [LLL] on Monday said it has acquired a software development and data analytics company that strengthens its work in space mission work for $50 million. Applied Defense Solutions […]
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Business/FinancialBoeing, Singapore Defense Agency To Develop Analytics For Aircraft Performance
Boeing [BA] and a Singaporean defense agency on Thursday agreed on a joint research and development project on data analytics to better understand how well military aircraft are performing and […]
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Business/FinancialSurvey FInds Optimism On Economy, M&A Activity In Aerospace, Defense And Federal Services
Corporate dealmakers are optimistic about the economy and believe mergers and acquisitions (M&A) will pick up over the next year due to changes in tax laws and more budget certainty, […]
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Business/FinancialBoeing HorizonX Invests In Drone Delivery Firm Matternet
Boeing’s [BA] year-old ventures unit on Tuesday announced its fourth investment in autonomous aircraft systems, leading a funding round in Matternet, a startup firm that has developed unmanned aircraft systems […]
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Business/FinancialCACI Raises Earnings Guidance
Due to better than expected operating performance, CACI International [CACI] on Wednesday revised upward its earnings guidance for its fiscal year 2018 that ends on June 30. The company now […]
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Business/FinancialElbit Receives Approvals From Israel Government In Deal For IMI Systems
Israel’s Elbit Systems [ESLT] on Tuesday said it has reached agreement with the Israeli government for the tender of state shares related to the company’s pending $495 million acquisition of […]
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Homeland SecurityGovernment Bars Contractors From Using Kaspersky Products In Support Of Contracts
The federal government last Friday issued plans to modify contracting regulations to prohibit the use of cyber security software provided by a Russian company by contractors in support of federal […]
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Business/FinancialBAE Expanding International Market For CV90, Beowulf, Vehicle Options For Archer Howitzer
PARIS–BAE SYSTEMS’ CV90 and Beowulf combat vehicles and Archer artillery system are receiving increased interest from the Army and international partners, including the Czech Republic and the Netherlands, officials told […]
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ArmyLockheed Moving Miniature Hit-To-Kill Missile Into Development Phase
PARIS—Lockheed Martin [LMT] is moving its new miniature missile into development following an Army deal, announced Wednesday, to mature the close-range lethality interceptor to meet requirements for the Extended Mission […]