Business/Financial
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Business/FinancialL2 Defense Acquires Provider Of Emergency Services Simulation And Training
L2 Defense, Inc. has acquired Advanced Technical and Educational Consultants, Inc. (ATEC), a small business that provides simulation and training capabilities to the Defense Department, federal agencies, and state and […]
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Business/FinancialIsraeli Private Equity Firm To Acquire Majority Stake In IAI Satellite Business
Israel Aircraft Industries (IAI) on Monday said that it has agreed to have the private equity firm FIMI invest $40 million in its satellite imagery services business, ImageSat International (ISI), […]
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Business/FinancialPeraton CEO Swinging For The Fences To Land Big Contracts
Peraton, the name given to the former information technology services business that Harris Corp. [HRS] divested earlier this year, is going to go after some big contracts to build scale […]
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Business/FinancialEarnings, Sales Surge At Orbital ATK In Third Quarter
Orbital ATK [OA] on Thursday posted strong earnings and sales in its third quarter driven by top and bottom line gains in all three operating segments. Net income soared 57 […]
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Business/FinancialLeidos Posts Lower Earnings, Higher Sales In Third Quarter
Leidos [LDOS] on Thursday reported a drop in net income in its third quarter due to higher taxes while sales jumped up due to an acquisition a year ago. Net […]
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Business/FinancialDISA Awards $163 Million Endpoint Security Task Order To CSRA
The Department of Defense is building on its endpoint security effort with a potential $163 million task order to CSRA Inc. [CSRA] to integrate cyber management capabilities for the department’s […]
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InternationalState Department Approves AMRAAM Sale To Canada
The State Department has approved a potential $140 million sale to Canada of AIM-120D Advanced Medium Range Air-to-Air Missiles (AMRAAMs) for deployment on Royal Canadian Air Force F/A-18 fighter aircraft. […]
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Business/FinancialBoeing Ventures Arm Invests In Small Advanced Materials Firm
Boeing [BA] on Wednesday said its HorizonX ventures arm has taken a minority ownership stake in a small company that develops and produces advanced metal-matrix composites for the aerospace, defense, […]
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Business/FinancialMDA Awards Raytheon $1.5 Billion To Support AN/TPY-2 and SBX Radars
The Missile Defense Agency awarded Raytheon [RTN] a $1.5 billion indefinite delivery/indefinite quantity follow-on contract to support the Army Navy Transportable Radar Surveillance Model 2 (AN/TPY-2) and Sea-Based X-Band (SBX) […]
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Business/FinancialThe Armored Group Acquires German Vehicle Armoring Companies
The Armored Group (TAG) two German-based vehicle armoring companies in a deal it says complements its current capabilities, expand its production footprint internationally and its market share in Europe. Terms […]