Business/Financial
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Business/FinancialRaytheon Nabs Next-Gen F-35 DAS Sensor
Lockheed Marin [LMT] chose Raytheon [RTN] to develop and deliver the next generation Distributed Aperture System (DAS) for the F-35 Joint Strike Fighter, replacing the sensor’s incumbent Northrop Grumman [NOC]. […]
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Business/FinancialSAIC Posts Flat Earnings Despite Higher Sales In First Quarter
Science Applications International Corp. [SAIC] on Tuesday posted mixed results to open its new fiscal year as earnings were level in the first quarter despite higher sales. Net income was […]
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Business/FinancialRheinmetall Launches Australian Defense Industry Partnership With Automated Truck Loading System
PARIS–Germany’s Rheinmetall launched its first product Monday out of a new partnership with the Australian defense industry, showcasing its first automated loading system for military trucks. Rheinmetall officials at the […]
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Business/FinancialNORTHCOM, SOUTHCOM Plan To Help Allies With Cyber Security Training
The U.S. Northern Command (NORTHCOM) and Southern Commands (SOUTHCOM) plan to help allied partners in the Western Hemisphere with their cyber security posture through a new training services contract, according […]
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Business/FinancialSecuritas Completes Acquisition Of Kratos’ Public Safety & Security Division
Sweden’s Securitas on Monday completed its $70.7 million acquisition of the Public Safety & Security (PSS) Division of Kratos Defense & Security Solutions [KTOS], expanding its business in the U.S. […]
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Business/FinancialCulmen International Acquires Analytic Strategies’ Federal Business
Culmen International on June 7 said it has acquired the government business of data analytics and services firm Analytic Strategies, adding new federal customers and capabilities. Terms of the deal were […]
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Business/FinancialLockheed Martin Doubles Venture Capital Fund To $200 Million
Lockheed Martin [LMT] on Wednesday said it has added another $100 million to its venture capital fund, doubling the firepower of Lockheed Martin Ventures for investments in early-stage companies that […]
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Business/FinancialFrench Services Firm Capgemini To Acquire Leidos’ Commercial Cyber Business
France’s Capgemini on Thursday said it has agreed to acquire the commercial cyber security services business from Leidos [LDOS], which will continue to provide cyber solutions to its government customers. […]
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Business/FinancialBoeing’s Insitu Nabs $117 Million Contract To Provide UAS Services To Coast Guard
The Coast Guard late Wednesday awarded a potential $117.2 million contract to Boeing’s [BA] Insitu unit to provide contractor owned and operated small unmanned aircraft (sUAS) services aboard its fleet […]
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Business/FinancialBoeing Invests In Small Firm Supporting UAS Traffic Management
Boeing [BA] on Wednesday said its HorizonX Ventures arm invested in a small company that develops and supplies software for use in helping manage traffic of commercial unmanned aircraft systems […]