Business/Financial

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. […]

The Department of Homeland Security’s award to Northrop Grumman [NOC] last fall of a contract to develop a new biometric storage and matching system was based on having higher confidence […]

Stepping aside from a bidding war, CACI International [CACI] on Tuesday withdrew its $10.4 billion unsolicited offer to acquire CSRA, Inc. [CSRA], leaving General Dynamics [GD] alone to close its […]

Boeing [BA] on Monday said its HorizonX ventures arm has made an investment in a small Australian company focused on nanosatellite communications for remote areas. Boeing doesn’t disclose the specifics […]

Lockheed Martin [LMT] Chief Marillyn Hewson on Thursday praised President Trump’s new executive actions aimed at punishing China for unfair trade practices, in particular the theft of intellectual property. “I […]

Raytheon [RTN] on Wednesday said its board had voted to increase the company’s annual dividend by nearly 9 percent, marking the 14th consecutive annual increase in the payment to shareholders. […]

CSRA, Inc. [CSRA] on Tuesday said its board of directors prefers a proposal by General Dynamics [GD] to acquire the company over an unsolicited, but higher, offer made by CACI […]

General Dynamics [GD] late Sunday night said it is sticking with the terms of its $9.6 billion cash offer to acquire CSRA, Inc. [CSRA] despite a nearly $10.4 billion unsolicited […]

Boeing [BA] on Thursday said its HorizonX Ventures arm is part of a $15 million financing round for Fortem Technologies, a developer and manufacture of radar systems that enable unmanned […]