Business/Financial
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Business/FinancialKBR To Acquire SGT To Expand Government Services Business
KBR, Inc. [KBR] on Friday said it has agreed to acquire Stinger Ghaffarian Technologies, Inc. (SGT) in a $355 million deal that will expand its support for the federal government, […]
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Business/FinancialTelecom, IT Industry Leaders Form New Cyber Threat Solution Council
A group of major telecommunications and IT industry leaders officially launched a new council Friday aimed at finding new solutions for future cyber threats. Industry groups USTelecom and the Information […]
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Business/FinancialCubic Acquires MotionDSP To Bolster C4ISR Business
Cubic Corp. [CUB] on Thursday said it has acquired the motion video processing company MotionDSP to strengthen its capabilities in the C4ISR area. Terms of the deal were not disclosed. […]
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Business/FinancialBell Drops ‘Helicopter’ From Name In Rebranding Effort
Bell Helicopter is rolling out a new rebrand campaign, dropping the “helicopter” from its name as it looks to broaden its flight innovation opportunities. The aircraft manufacturer Bell will continue […]
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Business/FinancialFulcrum IT Acquires Software Engineering Firm PTR Group
Fulcrum IT this week acquired the software engineering firm PTR Group, providing it with new capabilities and customers in the Defense Department. Terms of the deal were not disclosed. Fulcrum […]
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Business/FinancialOrbital ATK’s Earnings Dip In Fourth Quarter On Tax Bite
Orbital ATK [OA] on Thursday said its fourth quarter net income fell slightly due to a one-time tax charge although operating results overall were strong. The company didn’t host an […]
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Business/FinancialTax Benefit Lifts Leidos In Fourth Quarter
Leidos [LDOS] on Thursday posted a hefty increase in net income in its fourth quarter squarely on the back of a one-time tax benefit whiles sales dipped slightly. Net income […]
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Business/FinancialGAO Denies MicroTech Protest of $105.6 Million Air Force Defensive Cyber Support Task Order
The Government Accountability Office has denied a MicroTech protest of a $105.6 million task awarded to Telos Corporation to support Air Force defensive cyber operations. The GAO’s decision, announced Wednesday, […]
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Business/FinancialBehrman Capital Acquires Defense Electronics Preparation Firm
The private equity firm Behrman Capital this week said it has acquired Corfin Industries, a provider of component preparation services for microelectronics in the defense, commercial aerospace, space, and healthcare […]
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IIOTCSIS Says Costs Of Cybercrime Growing Globally
The cost to the global economy of cybercrimes has risen from an estimated $445 billion in 2014 to nearly $600 billion currently, according to a new study. The reasons for […]