Business/Financial
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Business/FinancialOn Assignment To Acquire Government Services Contractor ECS Federal
On Assignment [ASGN] has agreed to acquire federal services provider ECS Federal, LLC, in a $775 million cash deal that would significantly expand its market share and footprint in the […]
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Business/FinancialDefense Nuclear Facilities Safety Board Selects CenturyLink & Collab9 For Secure Cloud Communications
The Defense Nuclear Facilities Safety Board (DNFSB) has tapped CenturyLink [CTL] and collab9 to secure its enterprise communication networks with their joint cloud communications service. Under the deal, announced Jan. […]
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Business/FinancialBoeing Finishes 2017 With Strong Quarter On Tax Benefit, Plane Deliveries
Boeing [BA] on Wednesday posted strong fourth quarter results driven by a benefit from new tax legislation, higher commercial airplane deliveries, and higher operating earnings across its three segments. Net […]
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Business/FinancialArmy Awards BAE Systems $8 Million Deal For New Precision-Guidance Kits
BAE Systems has received an $8 million deal to develop new precision-guidance kits to the Army aimed to improve the accuracy of 155-millimeter artillery munitions. Under the deal, announced Jan. […]
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Business/FinancialGD Protests TSA Award To Unisys
General Dynamics [GD] earlier this month filed a protest in federal court over a potential five-year $250 million contract the Transportation Security Administration (TSA) awarded to Unisys Corp. [UIS] in […]
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Business/FinancialBoeing Venture Army Invests In Battery Storage Startup Cuberg
Boeing [BA] said on Monday that its HorizonX Ventures arm has made an investment in a small battery storage company that it believes could help with development of electric and […]
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Business/FinancialTax Provision Sends Lockheed Martin To Fourth Quarter Loss, But Benefits Coming And Operating Results Strong
Lockheed Martin [LMT] on Monday posted a loss in the fourth quarter due to a one-time negative tax impact but overall the company’s operating results were strong and earnings, after […]
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Business/FinancialVectrus Acquires Technology Solutions, Supply Chain Management Provider SENTEL
Vectrus, Inc. [VEC] last week said it has acquired U.S. government technology solutions provider SENTEL Corp. in a $36 million cash deal that strengthens its technology capabilities and expands its […]
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Business/FinancialSerco Acquires BTP Systems To Add C5ISR Capabilities
Britain’s Serco Group has completed its $20 million acquisition of U.S.-based BTP Systems in a deal that deepens its expertise in satellite communications and radar engineering services. The deal was […]
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Business/FinancialTax Benefit Pushes L3’s Earnings Higher In Fourth Quarter As Sales Dip
Unlike other defense companies this week that reported negative tax provisions in their fourth quarter and year-end financial results for 2017, L3 Technologies [LLL] on Thursday said its net income […]