Business/Financial

NATIONAL HARBOR, Md. — Textron’s [TXT] Bell Helicopter and Leonardo are touting two different approaches, pitching cost effectiveness against full requirements, for a potential Navy contract to replace its fleet […]

NATIONAL HARBOR, Md.–L3 Technologies [LLL] on Monday introduced the newest generation of its Iver family of autonomous underwater vehicles (AUVs), the Iver4-PW, which more than doubles the range of the […]

AM General, the automotive manufacturer best known for building the Humvee multipurpose vehicle for the U.S. military, is finding tremendous success overseas, a key ingredient to its competitiveness, Andy Hove, […]

The engineering and construction firm Day & Zimmermann (D&Z) on Tuesday said it has acquired M2 Services Corp., a small company that provides aviation and vehicle heavy maintenance, repair and […]

General Dynamics [GD] on Tuesday said it has completed its $9.7 billion acquisition of CSRA Inc., allowing it to create a new information technology segment that is the second largest […]

The national debt will likely lead to more conservative federal budgets within a few years, and if spending on national security is going to continue trending upward beyond this year, […]

Department of Defense information technology (IT) partners are poised for improved revenue pick-ups in FY ’18 and FY ’19 due to more flexible budgeting for cyber and cloud projects and […]

General Dynamics [GD] won a potential six-year, $628.6 million task order from the General Services Administration (GSA) to provide information technology (IT) support related to the Department of Homeland Security’s […]

Boeing [BA] is reorganizing its defense segment by adding two new divisions and eliminating another to better align with its market strategy, according to a company spokesman. The two new […]

Science Applications International Corp. [SAIC] ended its fiscal year with strong earnings in the fourth quarter driven largely by lower taxes and to a lesser extent by higher operating income. […]