Business/Financial
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Business/FinancialSAIC Posts Slight Top And Bottom Line Gains In Third Quarter
Science Applications International Corp. [SAIC] last Thursday posted higher earnings and sales in its third quarter due to federal contracts in its defense and civilian portfolios and lower interest expense. […]
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Business/FinancialRaytheon Establishes Subsidiary In UAE
Raytheon [RTN] on Thursday said it has created a subsidiary in the United Arab Emirates to further strengthen its partnerships in the small Middle Eastern country that is a key […]
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Business/FinancialMacB Receives $37 Million Task Order To Support Air Force Research Lab Modernization
Defense cyber security services provider MacAulay-Brown, Inc. (MacB) has received a five-year, $37 million task order to support the Air Force Research Laboratory’s (AFRL) information technology modernization efforts. Under the […]
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BudgetLockheed Martin CEO: Budget Uncertainty Hurts Industry As Much As Military
Defense budget cuts and an ongoing series of stopgaps spending measures is hollowing out the U.S. defense industry as much as Pentagon leaders accuse funding uncertainty for threatening military readiness […]
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Business/FinancialNorthrop Grumman Deal For Orbital ATK On Track After Shareholder Vote
Orbital ATK’s [OA] stockholders on Wednesday voted in favor of their company’s being acquired by Northrop Grumman [NOC], keeping the pending deal on track for a close in the first […]
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Business/FinancialUT Narrowly Approves LANL Management Bid
The University of Texas’ board of regents narrowly approved a bid Monday on a potentially decade-long contract to manage the Department of Energy’s Los Alamos National Laboratory.The University of Texas’ […]
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Business/FinancialManTech Survives Protest Of $816 Million Technological Security Services Deal With State Department
ManTech International Corp. [MANT] is preparing to begin work on a 10-year, $816 million deal from the State Department to provide technology security services for diplomatic missions following an unsuccessful […]
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Business/FinancialMcAfee To Acquire Cloud Security Firm Skyhigh Networks
Moving to complement its current cyber security offerings around endpoint protection, McAfee on Monday said it has agreed to acquire Skyhigh Networks, a leader in software technology that helps provides […]
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CyberGSA Picks 61 Companies For Potential $50 Billion IT Contract Vehicle
The General Services Administration (GSA) on Monday awarded its new government wide acquisition contract vehicle, selecting 61 companies to compete for up to $50 billion in customized information technology (IT) […]
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Business/FinancialBoeing Official Talks Up Aurora Acquisition, Still in MQ-25 Competition
A Boeing [BA] executive told reporters on Wednesday that he is “really excited about Aurora” Flight Sciences joining the company and confirmed the company is still in the MQ-25 unmanned […]