Business/Financial
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Business/FinancialLockheed Martin Produces First GMLRS Alternative Warhead Rocket
Lockheed Martin [LMT] has produced the first Guided Multiple Launch Rocket System (GMLRS) Alternative Warhead rocket at its Camden, Ark., facility, the company said Monday. This warhead type is meant […]
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Business/FinancialLockheed Martin Delivers Final Seahawk Helicopter To Australian Navy
Lockheed Martin [LMT] and the U.S. Navy has delivered the 24th and final MH-60R Seahawk helicopter to the U.S. Royal Australian Navy (RAN), the company said Monday. The delivery occurred […]
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Business/FinancialGSA Adds Four Cyber Security Services To IT Contract
To make it easier for government agencies to sort through potential cyber security services and to get work on contract more quickly, the General Services Administration (GSA) has added four […]
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Business/FinancialIntel Works With TPG To Spin Off McAfee As A New Jointly-Owned Independent Cybersecurity Company
Intel Corporation [INTC] and TPG announced an agreement on Wednesday for them to spin off McAfee as a new jointly-owned independent cybersecurity company six years after Intel initially acquired McAfee. […]
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Business/FinancialSAIC’s Earnings Rise Despite Flat Sales In Second Quarter
Science Applications International Corp. [SAIC] on Thursday posted strong second quarter earnings despite flat sales due to higher operating income and lower taxes. Net income soared 68 percent to $37 […]
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Business/FinancialLockheed Martin Signs Agreement With Polish State Owned Defence Company On Increased Cooperation
Lockheed Martin [LMT] signed a Letter of Intent (LoI) with the Polish state-owned defense company Polska Grupa Zbrojeniowa (PGZ) covering several defense issues that could increase Poland’s involvement in defense […]
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Business/FinancialLeidos Nabs $395 Million DHS Cyber Support Contract
The Department of Homeland Security (DHS) has awarded Leidos [LDOS] a potential seven-year, $395 million contract to provide cyber security support services to the department’s Security Operations Center (SOC). DHS […]
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Business/FinancialTransDigm To Acquire Fluid Controls Manufacturer Young & Franklin
TransDigm Group [TDG] on Tuesday said it has agreed to acquire Young & Franklin Inc., a manufacturer of fluid controls for the aerospace and industrial gas turbine markets. The transaction […]
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Business/FinancialL-3 To Acquire Australian Defense Electronics Company Micreo
L-3 Communications [LLL] on Wednesday said it has agreed to acquire Australian defense company Micreo Limited in a deal that expands its business in Australia and complements its capabilities in […]
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Business/FinancialGE To Acquire Two European 3D Manufacturing Companies To Boost Aerospace, Industrial Work
General Electric [GE] on Tuesday said it plans to acquire two European companies that provide additive manufacturing capabilities for various industries, including aerospace, with the deals worth a combined $1.4 […]