Business/Financial
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Business/FinancialASRC Nabs $428 Million DHS Award To Manage Plum Island
Arctic Slope Regional Corporation (ASRC) on Tuesday said its federal business won a recompete of a contract to manage, operate and maintain the Department of Homeland Security’s (DHS) Plum Island […]
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Business/FinancialGAO Denies L-3, DynCorp Protests On Army Aviation Support Contract Loss
The Government Accountability Office (GAO) has denied two protests on the $387 million Army contract for training support at Fort Rucker, Ala. Both DynCorp International LLC and L-3 [LLL] Army […]
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Business/FinancialPeraton Streamlines Business Structure; Hiring Former DHS S&T Chief Brothers
Peraton last week announced a new organizational structure that essentially consolidates its operating segments from six to four in an effort to help eliminate duplication and overlap while also improving […]
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Business/FinancialRaytheon Awarded $1.5 Billion Deal For Additional Patriot Missile Defense Capabilities
Raytheon [RTN] is starting 2018 with a new deal worth more than $1.5 billion for additional missile defense capabilities from one member of the 14-nation group that owns a Patriot […]
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Business/FinancialL3 Hires Former MDA Director O’Reilly For New Engineering Position
A day after adding a former Navy acquisition chief to its executive roster, L3 Technologies [LLL] on Tuesday said it has hired retired Army Lt. Gen. Patrick “Pat” O’Reilly, former […]
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Business/FinancialLockheed Martin Names News Heads For International, MFC
Following the Senate confirmation last week of former Lockheed Martin [LMT] executive John Rood to be the Pentagon’s new policy chief, the company on Monday said that Richard “Rick” Edwards […]
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Business/FinancialOut Of The Starting Gate, L3’s Kubasik Hires Former Navy Acquisition Chief Stackley
L3 Technologies [LLL] on Monday said it has hired Sean Stackley, the Navy’s former top acquisition official, to a new position that will have him focus on aligning the company’s […]
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Business/FinancialBanking, Retail Associations Seek Legislation To Clarify Data Breach Reporting Standards
Following massive consumer data breaches in 2017, such as the November Equifax [EFX] hack, banking and retail associations are urging Congress to pursue legislation to standardize cyber attack response protocols. In […]
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Business/FinancialAC&A Acquires Aerospace Composites Manufacturer Encore
AC&A, a portfolio company of the private equity firm AE Industrial Partners, has acquired EnCore Composite Structures in a deal that bolsters the company’s composites business. Terms of the deal, […]
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Business/FinancialEyeing Key International Markets, L3 Creates Boards In Australia, Canada And UK
L3 Technologies [LLL] on Thursday said it has established boards in three countries to help focus its international growth in key regions. “We continue to focus on accelerating L3’s international […]
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